Nintendo third quarter earnings report


A Nintendo Switch 2 game console is seen inside the Bic Camera Inc. electronics store on Thursday, June 5, 2025 in Tokyo, Japan. From Tokyo to Manhattan, Nintendo fans queued for hours to be among the first to buy a Switch 2, fueling one of the world’s biggest electronic product debuts since the launch of the iPhone last year.

Kiyoshi Ohta | Bloomberg | Getty Images

Nintendo The company maintained its full-year sales forecast for Switch 2 on Tuesday, easing concerns that the flagship console is losing momentum.

The company maintains its November forecast Switch 2 sold 19 million units In the fiscal year ending in March 2026, Nintendo has sold 17.37 million Switch 2 units to date. Seven million units were sold in the December quarter alone.

Here’s how Nintendo’s results for the fiscal third quarter ended December 31 compare to LSEG’s forecast:

  • Revenue: 806.32 billion yen ($5.2 billion), compared with expectations of 847.73 billion yen.
  • Net profit: 159.93 billion yen, expected to be 147.3 billion yen.

Revenue increased by 86% year-on-year, and profits increased by nearly 20%.

Nintendo’s stock price has been under pressure over the past few months. After launch June Switch 2In August, the gaming giant’s stock price hit an all-time high of over 14,000 yen. But the stock has since fallen more than 30%.

There are concerns that Switch 2 sales are in trouble ahead of the key holiday sales period in December. However, since the launch of the Switch 2, Mario Kart World has sold approximately 14 million copies and Donkey Kong Banana has sold 4.25 million copies. These are Nintendo’s most popular games to date.

Investors are looking at several potential headwinds for Nintendo, including whether the company will be impacted like never before. Memory prices soara key component in its console. Another question is whether the company has a strong enough gaming pipeline to support the Switch 2.

For Switch 2, Nintendo plans to release “Mario Tennis Fever” in February and “Pokémon Pokopia” – two games from its most popular series – in March.

This is a breaking news story. Please refresh for updates.



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