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Nintendo has a new hit on its hands. The company has sold 5.82 million Switch 2 consoles since its June 5 debut — making it the fastest-selling console launch in Nintendo’s history.
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The huge demand gave Nintendo a massive boost in its latest quarter. For the three months ending June 30, revenue more than doubled to 572.3 billion yen ($3.8 billion), blowing past Wall Street estimates. Operating profit came in at 56.9 billion yen ($384.4 million), also ahead of expectations.
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A launch that’s setting records
Most of that growth came from hardware. Nintendo says sales from its video game platform business jumped 142.5% year over year to 555.5 billion yen ($3.7 billion). And the Switch 2 isn’t just selling fast — it’s selling at a higher price point than the original Switch.
In its first four days on shelves, the Switch 2 sold 3.5 million units. Seven weeks later, it’s already close to 6 million. That’s nearly half of Nintendo’s full-year forecast of 15 million units, which some analysts think is conservative.
“Nintendo’s 15 million unit target looks conservative, given the pace of early sales,” said Kazunori Ito, director of equity research at Morningstar.
Not everything is up
Nintendo’s movie and licensing arm, which includes The Super Mario Bros. Movie, saw sales dip 4.4% in the quarter as box office and streaming revenue slowed.
Even so, excitement around the new console has sent Nintendo’s stock up around 40% so far this year.
What’s next
Nintendo didn’t raise its full-year outlook despite the blowout launch, sticking with guidance for 1.9 trillion yen in revenue and 320 billion yen in operating profit for the year ending March 2026. The company also said that U.S. tariffs aren’t expected to significantly impact its forecast this year.
If demand for the Switch 2 keeps up at this pace, those forecasts could end up looking cautious.