TOPSHOT – A Super Mario character is pictured at a Nintendo display ahead of the launch of the company’s Switch 2 console, an electronics store in the city of Nagoya, Aichi prefecture on June 2, 2025.
Richard A. Brooks | Afp | Getty Images
Nintendo raised its forecast for sales of the Switch 2 console in its current fiscal year as momentum for its new flagship console grows.
The Japanese gaming giant said it now expects to sell 19 million units of the Switch in the fiscal year ending March 2026 versus a previous forecast of 15 million units.
Here’s how Nintendo did in its fiscal second quarter ended Sept. 30 versus LSEG estimates:
Revenue: 527.2 billion Japanese yen ($3.7 billion) versus 461.76 billion yen expected.Net profit: 102.9 billion Japanese yen versus 63.6 billion yen expected.
Revenue was up over 90% year-on-year while profit rose more than 270%.
Nintendo is riding a wave of momentum after launching its latest console called the Switch 2 in June, with the stock up nearly 40% this year.
Nintendo said it sold 4.54 million units of the Switch 2 in the September quarter. That was a decline compared to the “high demand seen immediately following the launch of Nintendo Switch 2” during its fiscal first quarter, Nintendo said, adding that “performance remained strong.”
In total, Nintendo has sold 10.36 million units of the Switch 2 since launch.
“Mario Kart World” and “Donkey Kong Bonanza” have proved to be two of Nintendo’s most popular games since the Switch 2 launch, helping the company record 11.95 million units of software sold for the console in the quarter.
Nintendo’s optimism around the Switch 2 prompted the company to also raise other financial forecasts. The Kyoto-headquartered firm said it now sees net sales at 2.25 trillion yen for its fiscal year versus a previous forecast of 1.9 trillion yen. It also hiked its net profit outlook by nearly 17% to 350 billion yen.
New games in focus
Nintendo’s original Switch, first released in 2017, has become its second-best selling console of all time after the Nintendo DS. The hybrid nature – where people could play the console at home and on the go – has caught on.
There were questions swirling over whether Nintendo’s Switch 2 would be different enough from its predecessor to entice users. So far, initial Switch 2 sales appear to be strong for Nintendo. Investors will now assess the current quarter and demand during the critical holiday season.
Nintendo managed to maintain sales for the original Switch over several years thanks to games based around key franchises like Super Mario and Pokemon, a playbook it is looking to replicate with the Switch 2.
Last month, Nintendo released “Pokémon Legends: Z-A” as well as an offer that bundles the game with the Switch 2 console. “Kirby Air Riders” and “Metroid Prime 4: Beyond” are also scheduled for this year.
“We will aim to keep the momentum of released titles and continuously introduce new titles to expand the platform’s user base,” Nintendo said in its earnings release.
