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Nintendo Q1 sales drop 9.5%; operating profit soars following higher software sales and $300m in US tariff refunds
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Nintendo reported a 9.5% decrease in first-quarter net sales, but operating profit rose 150.5% due to higher software revenue and $300 million in US tariff refunds.
However, digital sales rose 90% to ¥132.7 billion ($840 million), driven by higher sales of downloadable packaged software.
Original Switch hardware sales were 0.66 million units, down 31.8% from 0.98 million in Q1 2025.
Switch 2 software sales reached 9.46 million units, up 9.2% year-on-year.
Original Switch software sales rose 38.6% in Q1 to 33.81 million units, driven by Tomodachi Life: Living the Dream, which sold 7.94 million units since its April launch.