Quick wins for a faster PC:
Fix the driver behind crashes, sound loss and screen glitchesFind Drivers →Clear out junk files and repair common Windows errorsFree Scan →Nintendo Co., Ltd. reported net sales of ¥517.8 billion for fiscal 2027’s first quarter, down 9.5% year over year. The quarter covered April 1 through June 30, 2026; Nintendo issued its results on August 6. Despite lower revenue, operating, ordinary and net profit all increased, helped in part by higher software sales, stronger IP-related income and refunds of U.S. tariffs previously recorded as costs.
What Nintendo reported for fiscal Q1 2027
The figures below compare April–June 2026 with the same quarter a year earlier. They are Nintendo’s reported results, not market estimates. Nintendo Co., Ltd., FY2027 Q1 Financial Results Explanatory Material, August 6, 2026.
| Measure | Q1 result | Year-over-year change |
|---|---|---|
| Net sales | ¥517.8 billion | Down 9.5% from ¥572.3 billion |
| Operating profit | ¥142.5 billion | Up 150.5% |
| Operating profit margin | 27.5% | Up 17.6 percentage points |
| Ordinary profit | ¥206.1 billion | Up 115.1% |
| Net profit (profit attributable to owners of parent) | ¥147.4 billion | Up 53.5% |
The headline decline is a change in Nintendo’s consolidated revenue, not a measure of how its shares performed. The figures alone also do not indicate whether the stock is attractively valued or predict future returns.
Why did Nintendo revenue fall?
Nintendo’s dedicated video game platform business generated ¥483.0 billion, down 13.1%. It includes hardware, accessories and amiibo, packaged and downloadable software, download-only software, add-on content, and Nintendo Switch Online. The company said the decline was primarily due to lower hardware unit sales, despite increased software unit sales and yen depreciation.
#1 Best Overall
- The next evolution of Nintendo Switch
- One system, three play modes: TV, Tabletop, and Handheld
- Larger, vivid, 7.9” LCD touch screen with support for HDR and up to 120 fps
- Dock that supports 4K when connected to a compatible TV*
- GameChat** lets you voice chat, share your game screen, and connect via video chat as you play
IP-related income and other revenue rose 107.4% to ¥34.8 billion. This category includes movie and video income, smart-device content, royalties and official-store merchandise. Nintendo cited growth in movie and video income related in part to The Super Mario Galaxy Movie. Exchange-rate changes added ¥39.0 billion to net sales, according to the company.
How profit increased while revenue declined
Lower revenue did not mean lower profit in this quarter. Operating profit increased 150.5% to ¥142.5 billion, ordinary profit rose 115.1% to ¥206.1 billion, and net profit gained 53.5% to ¥147.4 billion. Gross profit increased 52.0% to ¥281.3 billion, while gross margin rose 22.0 percentage points to 54.3%.
Rank #2
- 6.2” LCD screen
- Three play modes: TV, tabletop, and handheld
- Local co-op, online, and local wireless multiplayer
- Detachable Joy-Con controllers
- Nintendo Switch is the home of Mario & friends
Nintendo attributed the improvement in gross profit and margin to factors including a greater software share of sales and refunds of U.S. tariffs imposed under IEEPA that had previously been recorded as cost of sales. The refunds reduced cost of sales by approximately US$300 million. Nintendo said it had primarily borne those tariffs rather than passing them to consumers through product prices. This cost reduction helped profits; it did not reverse the decline in net sales.
Switch 2 hardware, software and digital sales
Nintendo reported 3.82 million Switch 2 hardware units sold in the quarter, down 34.4% year over year, alongside 9.46 million Switch 2 software units, up 9.2%. The comparison is against the prior-year Q1, which was the Switch 2 launch quarter, so it is not a like-for-like comparison with an ordinary post-launch period.
Do these 3 things before closing this tab:
1Scan for outdated or missing drivers - takes under a minute2Repair Windows errors before they cause bigger problems3Fix the driver behind crashes, sound loss and screen glitchesRank #3
- Play your way with the Nintendo Switch gaming system. Whether you’re at home or on the go, solo or with friends, the Nintendo Switch system is designed to fit your life. Dock your Nintendo Switch to enjoy HD gaming on your TV. Heading out? Just undock your console and keep playing in handheld mode
- This model includes battery life of approximately 4.5 - 9 hours.
- The battery life will depend on the games you play. For instance, the battery will last approximately 5.5 hours for The Legend of Zelda: Breath of the Wild (games sold separately)
- Model number HAC 001( 01)
The hardware and software unit figures are sell-in: sales by the Nintendo group to outside entities, including direct-to-consumer website sales and downloadable software. They should not be read as a count of purchases by individual consumers. Nintendo’s report discusses sell-through separately.
Digital sales were ¥132.7 billion, up 90.0%, and represented 61.5% of software sales for the dedicated video game platform business. Bundled software revenue is classified as hardware sales in Nintendo’s presentation, rather than software or digital sales.
Rank #4
- This pre-owned product is not Apple certified, but has been professionally inspected, tested and cleaned by Amazon-qualified suppliers.
- 6.2” LCD screen.
- Three play modes: TV, tabletop, and handheld
- Local co-op, online, and local wireless multiplayer
- Detachable Joy-Con controllers
What Nintendo expects for the full fiscal year
Nintendo left its FY2027 consolidated forecast unchanged from the May 8, 2026 forecast. For the fiscal year ending March 2027, management forecast net sales of ¥2,050.0 billion, operating profit of ¥370.0 billion, ordinary profit of ¥430.0 billion and net profit of ¥310.0 billion.
The forecast includes assumptions of ¥150 per U.S. dollar and ¥175 per euro, tariff rates in effect at the end of March 2026, and approximately ¥100.0 billion in cost-of-sales impact from rising component prices—particularly memory—and tariff measures. These are management assumptions and forecasts, not actual results or guarantees. The stated cost impact is not directly comparable with the approximately US$300 million tariff-refund benefit recognized in Q1.
Best Value
- One player can use a Joy-Con in each hand
- Two players can each take one
- Multiple Joy-Con can be employed by numerous people for a variety of gameplay options (additional Joy-Con sold separately)
- Slip a set of Joy-Con into a Joy-Con grip accessory, mirroring a more traditional controller. Or, select an optional Nintendo Switch Pro Controller.
Nintendo’s Investor Relations Information page lists the three-month report on August 6, 2026, and schedules six-month earnings for November 5, 2026. Event schedules can change.
Quick Recap
Product prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on Amazon at the time of purchase will apply.
