Nintendo revenue doubles as Switch 2 sales top 5.8 million units

What just happened? Nintendo has a hit with its new Switch 2 console, and now it has the numbers to prove it. For the first quarter of the fiscal year ending March 2026, the company more than doubled its net sales, jumping from 246.6 billion yen to 572.3 billion yen (roughly $3.9 billion). That figure easily beat analyst expectations, with LSEG forecasting just 474.84 billion yen.

Operating profit checked in at 56.9 billion yen versus the 53.46 billion yen that Wall Street was anticipating.

Unsurprisingly, much of that windfall has to do with the launch of the Switch 2 on June 5. Nintendo said sales from its dedicated video game platform business grew 142.5 percent year over year, and that the console's higher price compared to the original helped contributed to a greater increase in net sales.

The Japanese gaming giant noted ...