Nintendo Switch sales surpass 150m units, but company profits down 42%

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Japanese games giant Nintendo has generated ¥956.2 billion ($6.2 billion) in revenue over the first three quarters of its 2025 fiscal year.

The company recorded a net profit of ¥237.1 billion ($1.5 billion) over that same period – spanning up to December 31st, 2024 – meaning a net profit ratio of 24.8%.

Each of these figures marked a decline over the same nine-month period last fiscal year, however, with overall revenue down by 31.4% and net profit by 41.9% year-on-year.

This was largely a result of Nintendo Switch hardware and software sales falling over what’s been the console’s eighth year – as Switch-related revenue fell by 31.7%.

Even so, this year has seen the Switch surpass 150 million units sold over its lifetime, with big new releases like Super Mario Party Jamboree and The Legend of Zelda: Echoes of Wisdom driving sales during the wait for the Switch 2.

The Switch’s almost 150.9 million unit sales are nearly 1.5 times that of the Wii’s 101.6 million. It now has less than four million sales to go to overtake the Nintendo DS as the best-selling Nintendo console of all time.

Mobile maybes

While the Switch has remained Nintendo’s largest business segment, accounting for ¥895.5 billion ($5.8 billion) of its revenue so far this fiscal year, mobile and IP-related income contributed ¥49.8 billion ($322.9 million) towards the ¥956.2 billion ($6.2 billion) total.

This equated to slightly over 5% of total earnings for mobile and IP-related income combined, though the exact impacts of Nintendo’s mobile games versus ongoing earnings from The Super Mario Bros. Movie, the release of the first-ever Zelda Lego set and other IP expansions is unclear.

Nintendo did note that its mobile and IP-related business has fallen by 33.9% year-on-year “due to a decrease in revenue related to the movie”, which indicates a larger portion of what remains can be attributed to mobile games than last fiscal year.

Furthermore, the current year’s results must also be benefiting from the lucrative December launch of Animal Crossing Pocket Camp: Complete and the blossoming, record-breaking earnings of Pikmin Bloom.

At the same time, mobile is evidently not Nintendo’s top priority, said to be more of a marketing strategy than a moneymaker. Rather, Nintendo’s focus is likely on the Switch 2, now officially unveiled with one highly anticipated game already confirmed.