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The Zhitong Finance App learned that in the first full fiscal year after the launch of Switch 2, Nintendo handed over a report card that surprised the market. On August 6, the Kyoto gaming giant released its financial report for the first quarter of fiscal year 2027 (April to June 2026), showing that net profit for the quarter reached 147.4 billion yen (approximately US$934 million), far exceeding analysts' general expectations of 77.8 billion yen; revenue was 517.8 billion yen, which also greatly exceeded market expectations of 448.8 billion yen. Operating profit soared to 142.6 billion yen from 56.9 billion yen in the same period last year; net profit increased 53.5% from the same period last year. Although net sales decreased by 9.5% year over year, they significantly exceeded market expectations.
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The Zhitong Finance App learned that in the first full fiscal year after the launch of Switch 2, Nintendo handed over a report card that surprised the market. On August 6, the Kyoto gaming giant released its financial report for the first quarter of fiscal year 2027 (April to June 2026), showing that net profit for the quarter reached 147.4 billion yen (approximately US$934 million), far exceeding analysts' general expectations of 77.8 billion yen; revenue was 517.8 billion yen, which also greatly exceeded market expectations of 448.8 billion yen. Operating profit soared to 142.6 billion yen from 56.9 billion yen in the same period last year; net profit increased 53.5% from the same period last year. Although net sales decreased by 9.5% year over year, they significantly exceeded market expectations.
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