Nintendo Maintains Sales and Profit Outlook as Switch 2 Drives Strong Results
Feb 3, 2026
Nintendo reported a 23% increase in quarterly profits, supported by strong sales of its new Switch 2 console. Net profit for the nine months to December rose more than 50% compared to the previous period.
The success of the Switch 2 comes as the original Nintendo Switch became the company's best-selling console, with over 155 million units sold since its 2017 launch.
Despite the rising prices of memory chips, Nintendo said these increases are not having a major impact on earnings for the current financial year.
Looking ahead, Nintendo maintained its full-year sales and profit forecasts, showing confidence in ongoing demand for the Switch 2. The company reaffirmed its annual operating profit forecast at 370 billion yen, or about $2.4 billion.
Why is Nintendo's profit increasing?
Nintendo's profit is rising mainly because of strong sales of its new Switch 2 game console.
Is Nintendo worried about higher chip prices?
Nintendo said that rising memory chip prices are not significantly affecting its earnings this year.
What is the significance of the Switch consoles for Nintendo?
The original Nintendo Switch has become the company's best-selling console ever, and the Switch 2 is continuing to drive strong sales and profits.
Is Nintendo expecting future growth?
Nintendo is confident in future demand, as it kept its full-year sales and profit forecasts unchanged.
Sources
Nintendo keeps its full-year sales guidance as Switch 2 momentum continues
CNBC
CNBC
Nintendo maintained its full-year sales and profit guidance on Tuesday as investors look to see if momentum for the Switch 2 can be maintained. Investors are weighing the impact of rising memory prices and the strength of Nintendo's games pipeline ahead of the Switch 2.
Nintendo Keeps Switch 2 Sales, Earnings Forecasts Despite Strong Results
WSJ
WSJ
The Japanese videogame maker reported sharply higher nine-month results.
Nintendo stands by profit forecast as Switch 2 sales face durability test
Invezz
Invezz
Nintendo on Tuesday reaffirmed its annual operating profit forecast of 370 billion yen, or about $2.4 billion, signalling confidence in its current console cycle even as investors debate how long early demand for the Switch 2 can be sustained.
Nintendo posts quarterly profit rise, sees no major hit from chip price spike
Reuters
Reuters
Japan's Nintendo on Tuesday posted an 23% jump in quarterly profit on robust sales of its Switch 2 console and said a surge in memory chip prices is not having a major impact on earnings in the current financial year.
Nintendo Switch becomes the gaming giant's best-selling console ever
CNBC
CNBC
The Nintendo Switch has become the company's best-selling console ever with over 155 million units sold. It was released in 2017, a pivotal time for Nintendo which was coming off the back of a flop with the Wii U with its share price in decline in the years prior.
Pfizer beats quarterly estimates despite Covid product decline, reaffirms modest...
CNBC
CNBC
Pfizer reported fourth-quarter revenue and earnings that topped estimates even amid dwindling demand for its Covid products. The pharmaceutical giant reaffirmed the modest 2026 outlook that rattled investors in December.
Switch 2 sales boost Nintendo profits, but chip shortage looms
TechXplore
TechXplore
The runaway success of the Switch 2 console drove up Nintendo's net profit by more than 50% in the nine months to December, the Japanese video game giant said Tuesday.
Nintendo shares slide 10% as momentum fears grow
Reuters
Reuters
Nintendo shares slid 10% on Wednesday as investors fretted about momentum for its flagship Switch 2 gaming device.
Nintendo shares sink 10% as gaming giant faces memory shortage concerns
CNBC
CNBC
Investors remain concerned about the impact memory costs could have on the sales of Nintendo's gaming consoles. The share drop comes after Nintendo's quarterly revenue missed market estimates, despite an 84% surge from last year.
Nintendo shares slide after revenue miss as memory chip costs pressure outlook
Invezz
Invezz
Nintendo shares plunged more than 10% in Tokyo on Wednesday after the gaming giant missed market estimates for quarterly revenue and flagged mounting headwinds from an unprecedented shortage of memory chips, even as profit growth remained strong.
Related Posts
Other News
Corporate Moves
View All
Kraft Heinz Pauses Company Split to Focus on Business Improvements
20 hours ago
KHC
+0.4%
Kraft Heinz has announced its financial results for the fourth quarter and full year 2025. Alongside the results, the company said it will pause its plans to split the company into separate businesses...
Heineken to Cut Up to 6,000 Jobs as Beer Demand Drops
20 hours ago
HEIA
+1.41%
HEIO
+1.57%
Heineken, the Dutch brewing company, announced it will cut between 5,000 and 6,000 jobs from its global workforce over the next two years. This decision comes as demand for beer has weakened and the c...
Kyndryl Delays Quarterly Report, CFO Departs Amid Accounting Concerns
Feb 9, 2026
KD
+8.27%
Kyndryl, an IT services company spun off from IBM, has delayed the filing of its latest quarterly financial report. The company said it expects to find significant weaknesses in how it manages and rep...
Product Launches
View All
Amazon Pharmacy to Expand Same-Day Prescription Delivery to 4,500 U.S. Cities and Towns
11 hours ago
AMZN
-1.23%
Amazon Pharmacy announced it will expand its same-day delivery service for prescription medications to nearly 4,500 cities and towns in the United States by the end of the year. This move will add alm...
Hims & Hers Health Launches $49 Compounded Wegovy Pill Alternative
Feb 5, 2026
HIMS
-3.25%
Hims & Hers Health, an online telehealth company, has announced that it will start offering a compounded version of the popular Wegovy weight loss pill for $49 per month. This price is about $100 less...
Amazon Expands AI Integration with Alexa+ Launch and Media Production Tools
Feb 4, 2026
AMZN
-1.23%
Amazon has made its AI-powered digital assistant, Alexa+, available to all users in the United States. Previously, Alexa+ was in an early access phase, requiring consumers to join a waitlist or purcha...
Regulatory Actions
View All
FDA Refuses to Review Moderna's Flu Vaccine Application
Feb 10, 2026
MRNA
-3.26%
Moderna announced that the U.S. Food and Drug Administration (FDA) has refused to review its application for an experimental flu shot, known as mRNA-1010. The FDA issued a Refusal-to-File (RTF) letter...
EU Moves Against Meta Over Blocking Rival AI Assistants on WhatsApp
Feb 9, 2026
META
-0.05%
The European Union (EU) has charged Meta Platforms, the owner of WhatsApp, with breaking antitrust rules by blocking rival artificial intelligence (AI) assistants from its messaging app WhatsApp.
The...
Hims & Hers Stops Selling Compounded Weight-Loss Pill After FDA Warning
Feb 8, 2026
HIMS
-3.25%
Hims & Hers has decided to stop offering its compounded semaglutide weight-loss pill. This decision came after the U.S. Food and Drug Administration (FDA) said it would take action against the company...
Earnings
View All
AppLovin Reports Strong Revenue Growth for Fourth Quarter and Full Year 2025
10 hours ago
APP
-2.69%
AppLovin Corporation, a marketing platform company listed on NASDAQ as APP, released its financial results for the fourth quarter and full year ending December 31, 2025.
For the fourth quarter, AppLo...
Cisco Reports Strong Quarter, Raises Forecast as Revenue Hits Record High
11 hours ago
CSCO
-0.88%
Cisco reported record revenue of $15.3 billion for its second fiscal quarter ending January 24, 2026. This result beat analyst expectations of around $15.1 billion and marked a 10% increase from the p...
McDonald's Value Meals Drive Sales and Earnings Above Expectations
11 hours ago
MCD
-0.82%
McDonald's has reported earnings and sales that surpassed analysts' expectations for the latest quarter. The company's recent focus on offering value meals and affordable options, such as Extra Value...
Stock Movements
View All
Bill Ackman's Pershing Square Invests $2 Billion in Meta Platforms
13 hours ago
META
-0.05%
Billionaire investor Bill Ackman's hedge fund, Pershing Square, has disclosed a large investment in Meta Platforms, the company behind Facebook, Instagram, and WhatsApp.
Pershing Square invested arou...
Astera Labs Shares Drop After Strong Fourth-Quarter Results and Guidance
14 hours ago
ALAB
-21.61%
Astera Labs reported its fourth-quarter earnings, surpassing analyst expectations for both revenue and earnings per share. The company also gave strong guidance for the upcoming quarter, with leadersh...
Unity Software Shares Drop Nearly 30% After Weak Outlook Despite Strong Q4 Results
15 hours ago
U
-24.81%
Unity Software, a company known for its game development platform, reported its financial results for the fourth quarter and full year ending December 31, 2025. The company delivered results that exce...
Economy
View All
U.S. Retail Sales Remain Flat in December, Missing Expectations
Feb 10, 2026
Retail sales in the United States did not grow in December, according to the latest report from the Census Bureau. Sales were unchanged from the previous month, following a 0.6% increase in November....
Private Sector Adds 22,000 Jobs in January, Falling Short of Expectations
Feb 4, 2026
The ADP National Employment Report showed that private sector employment in the United States grew by 22,000 jobs in January 2026. This was lower than many analysts had expected, with forecasts antici...
U.S. and India Announce Trade Deal to Lower Tariffs
Feb 2, 2026
The United States and India have reached a new trade agreement, as announced by President Donald Trump. A key part of the deal is that the U.S. will immediately lower its tariff on Indian goods from 2...
Analyst Ratings
View All
Oracle Stock Rebounds After Analyst Upgrade and AI Concerns Ease
Feb 9, 2026
ORCL
-1.83%
Oracle shares have recently faced a significant decline, dropping over 13% in the past five trading days. The downturn was driven by worries about the company's large investments in artificial intelli...
Microsoft Stock Faces Downgrade Amid Growing AI Competition
Feb 6, 2026
MSFT
-2.29%
Microsoft's stock has recently faced pressure after receiving a downgrade from Stifel, which cited increasing competition in artificial intelligence from companies like Google and Anthropic. The downg...
Super Micro Computer (SMCI) Faces Challenges Despite AI Growth Benefits
Jan 13, 2026
SMCI
-4.08%
Super Micro Computer (SMCI) has gained attention as a key assembler of advanced data center computing infrastructure, benefiting from the ongoing growth in artificial intelligence (AI).
Despite its s...
Mergers & Acquisitions
View All
Nuveen to Acquire U.K. Asset Manager Schroders in $13.5 Billion Deal
1 hour ago
SDR
-2.18%
U.S.-based asset manager Nuveen has agreed to buy the British investment firm Schroders for approximately £9.9 billion (about $13.5 billion), according to announcements from both companies. The acquis...
Paramount Increases Offer for Warner Bros. Discovery with Added Shareholder Benefits
Feb 10, 2026
WBD
+0.59%
PARA
-6.04%
Paramount has revised its $30 per share, all-cash offer for Warner Bros. Discovery (WBD) by adding new incentives for WBD shareholders. The new terms include a $0.25 per share 'ticking fee,' which wil...
Transocean to Acquire Valaris in $5.8 Billion All-Stock Deal
Feb 10, 2026
RIG
+10.11%
VAL
+10.7%
Transocean has agreed to acquire its competitor Valaris in an all-stock transaction valued at approximately $5.8 billion. The combined company will become the world's largest and most advanced offshor...
IPO
View All
Once Upon a Farm, Co-Founded by Jennifer Garner, Raises Nearly $198 Million in IPO
Feb 6, 2026
Once Upon a Farm, an organic children's food company co-founded by actress Jennifer Garner, has successfully gone public in the United States. The company raised nearly $198 million in its initial pub...
Bob's Discount Furniture Raises $330.7 Million in NYSE Debut
Feb 5, 2026
AAAGY
Bob's Discount Furniture has raised $330.7 million through its initial public offering (IPO) in the United States. The company's shares were priced at $17 each. In total, 19,450,000 shares were offere...
EquipmentShare Raises $747 Million in Nasdaq Debut, Valued Over $7 Billion
Jan 23, 2026
EquipmentShare.com Inc, a leading provider of equipment rentals and construction technology, has completed its initial public offering (IPO). The company offered 30,500,000 shares of its Class A commo...
