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Forums - Sales - Nintendo quarterly sales report to 31st March 2025; Switch at 152.12m shipped

Sephiran said:

The low profit forecast suggests that Switch 2 is probably sold at a loss or with minimal profit margins in the US (Due to tariffs) and Japan (Lower price due to weak yen). Meaning its mostly the European market where the Switch 2 is sold at a good profit margin for Nintendo. Which shows that the whole ''Drop the price'' of the Switch 2 is impossible, given that Nintendo evidently don't get much profit from the current price of the Switch 2.

And Nvidia is possibly overpricing their GPU, knowing Nintendo can't switch to AMD because in doing so they'd lose backwards compatibility.

It is really strange how low Nintendo decided to price the Switch 2 in Japan. Year 1 sales would be production/shipments capped in Japan even at a much higher pricetag.



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Zippy6 said:

So Switch 1 shipments forecast to drop by almost 60% YoY. 156.62m by March 31st 2026. 160m is going to be very tough to get if they don't beat that forecast. They'd need the drop in the next fiscal year to be less than that and Switch 1 should basically be dead and buried by then.

Not necessarily; systems like the 3DS and GBA continued to be produced and supported for years after their replacement, the same could happen with Switch 1. It already has a number of games slated for 2026 including first party titles like Rhythm Heaven Groove and Tomodachi Life: Living the Dream.

Switch 2's $450 price point leaves room for an entry level device like the $200 Lite to persist for some time.



curl-6 said:
Zippy6 said:

So Switch 1 shipments forecast to drop by almost 60% YoY. 156.62m by March 31st 2026. 160m is going to be very tough to get if they don't beat that forecast. They'd need the drop in the next fiscal year to be less than that and Switch 1 should basically be dead and buried by then.

Not necessarily; systems like the 3DS and GBA continued to be produced and supported for years after their replacement, the same could happen with Switch 1. It already has a number of games slated for 2026 including first party titles like Rhythm Heaven Groove and Tomodachi Life: Living the Dream.

Switch 2's $450 price point leaves room for an entry level device like the $200 Lite to persist for some time.

Nintendo aren't forecasting that to happen though. 3DS shipped 6.4m in the year ending March 31st 2018. GBA shipped 8.33m year ending March 31st 2006. Switch is forecast for 4.5m in the year ending March 31st 2026 and for 3 of those months it's the current system. Unlike the 3DS in which the Switch was out for all of those 12 months, and the GBA which the DS was already out, and for a longer time in Japan.

3DS only dropped 12% YoY with the Switch launch, not the 58% YoY drop forecast here. Nintendo are forecasting a much faster death for the Switch than those two systems.

The price difference was much bigger for 3DS (2DS was $80 by 2016, basically a quarter of the Switch price) and it had the advantage of Switch not being BC either.

Last edited by Zippy6 - on 08 May 2025

Kyuu said:
Sephiran said:

The low profit forecast suggests that Switch 2 is probably sold at a loss or with minimal profit margins in the US (Due to tariffs) and Japan (Lower price due to weak yen). Meaning its mostly the European market where the Switch 2 is sold at a good profit margin for Nintendo. Which shows that the whole ''Drop the price'' of the Switch 2 is impossible, given that Nintendo evidently don't get much profit from the current price of the Switch 2.

And Nvidia is possibly overpricing their GPU, knowing Nintendo can't switch to AMD because in doing so they'd lose backwards compatibility.

It is really strange how low Nintendo decided to price the Switch 2 in Japan. Year 1 sales would be production/shipments capped in Japan even at a much higher pricetag.

My guess would be that Nintendo wanted to avoid the shitstorm of announcing a 75K Yen price for Japan, in the fears that it would lead to a big backlash against the Nintendo brand in Japan, that could have long term consequences for them in Japan.



Super Mario Party Jamboree was the best selling game of Q4


Nintendo's earnings release for the 4th quarter of the fiscal year ending March 31st 2025 has been published, this covers the three month period from January 1st to March 31st 2025. Nintendo shipped 1.26 million units of Switch hardware and 31.43 million units of Switch software bringing lifetime totals to 152.12 million for hardware and 1391.23 million for software.

Year over year quarter 4 hardware sales are 0.70 million down from 1.96 million and software sales are 4.29 million down from 35.72 million.

Two titles sold over one million units this quarter, these were Super Mario Party Jamboree (1.31 million) and the new release Donkey Kong Country Returns HD (1.27 million). Unfortunately the other New Release Xenoblade Chronicles X Definitive Edition failed to ship one million units.

For the Nintendo Switch platform, Nintendo are forecasting 4.5 million units of hardware and 105 million units of software for the fiscal year ending March 31st, 2026.

For the Nintendo Switch 2 platform, Nintendo are forecasting 15 million units of hardware and 45 million units of software for the fiscal year ending March 31st, 2026.


Hardware

Switch Hardware Q4: 
1.26m
Regional Split Q4: Japan 380k, Americas 490k, Europe 200k, Other 190k
Model Variants Q4: Standard 260k, Lite 210k, Oled 790k

Switch Hardware Total: 152.12m
Regional Split Total: Japan 37.20m, Americas 58.31m, Europe 39.20m, Other 17.41m
Model Variants Total: Standard 96.44m, Lite 25.48m, Oled 30.20m

Global Shipment History (millions)



Software

Switch Software Q4: 
31.43m
Regional Split Q4: Japan 6.32m, Americas 13.97m, Europe 8.83m, Other 2.32m
Tie Ratio Q4: 24.94

Switch Software Total: 1391.23m
Regional Split Total: Japan 273.12m, Americas 605.03m, Europe 404.72m, Other 108.35m
Tie Ratio Total: 9.15

Global Shipment History (millions)



Software Top 10

Total sales followed by the previous total then sales added to the total in Q4

  • Mario Kart 8 Deluxe: 68.20m (67.35m) + 850k
  • Animal Crossing New Horizons: 47.82m (47.44m) + 380k
  • Super Smash Bros Ultimate: 36.24m (35.88m) + 360k
  • Legend of Zelda Breath of the Wild: 32.81m (32.62m) + 190k
  • Super Mario Odyssey: 29.28m (29.04m) + 240k
  • Pokémon Scarlet/Violet: 26.79m (26.38m) + 410k
  • Pokémon Sword/Shield: 26.72m (26.60m) + 120k
  • Legend of Zelda Tears of the Kingdom: 21.73m (21.55m) + 180k
  • Super Mario Party: 21.16m (21.10m) + 60k
  • New Super Mario Bros. U Deluxe: 18.25m (18.06m) + 190k
New Release

  • Donkey Kong Country Returns HD: 1.27m New!
Others

  • Nintendo Switch Sports: 16.27m (15.74m) + 530k
  • Super Mario Bro's Wonder: 16.03m (15.51m) + 520k
  • Mario Party Superstars: 14.00m (12.89m) + 1.11m Q1+Q2+Q3+Q4
  • Super Mario Party Jamboree: 7.48m (6.17m) + 1.31m
  • Legend of Zelda - Echoes of Wisdom: 4.09m (3.91m) + 180k
  • Paper Mario TTYD: 2.10m (2.06m) +40K
  • Mario & Luigi Brothership: 1.97m (1.84m) +130k
  • Luigi's Mansion 2 HD: 1.88m (1.80m) + 80k
Million Sellers not updated this quarter (1st party published)

  • Ring Fit Adventure: 15.38m
  • Pokémon Let's Go: 15.07m
  • Pokémon BD/SP: 15.06m
  • Pokemon Legends Arceus: 15.00m
  • Luigi's Mansion 3: 14.25m
  • Splatoon 2: 13.60m
  • Super Mario 3D World + Bowser's Fury: 13.47m
  • Splatoon 3: 11.96m
  • Super Mario 3D All-Stars: 9.07m
  • Super Mario Maker 2: 8.42m
  • Kirby and the Forgotten Land: 7.52m
  • Legend of Zelda Link's Awakening: 6.63m
  • Clubhouse Games: 4.64m
  • Donkey Kong Country Tropical Freeze: 4.62m
  • Mario Tennis Aces: 4.50m
  • Kirby Star Allies: 4.38m
  • Legend of Zelda Skyward Sword HD: 4.15m
  • Fire Emblem Three Houses: 4.12m
  • Hyrule Warriors Age of Calamity: 4.00m
  • 1-2 Switch: 3.74m
  • Pikmin 4: 3.48m
  • Paper Mario Origami King: 3.47m
  • Yoshi's Crafted World: 3.35m
  • Super Mario RPG: 3.31m
  • Metroid Dread: 3.07m
  • New Pokémon Snap!: 2.74m
  • Xenoblade Chronicles 2: 2.74m
  • Arms: 2.72m
  • Mario Strikers Battle League: 2.63m
  • Mario Golf Super Rush: 2.48m
  • Pikmin 3 Deluxe: 2.40m
  • Captain Toad Treasure Tracker: 2.35m
  • Octopath Traveller: 2.08m
  • Mario + Rabbids Kingdom Battle: 2.00m
  • Pokémon Mystery Dungeon DX: 1.99m
  • Big Brain Academy Brain vs Brain: 1.94m
  • Xenoblade Chronicles Definitive Edition: 1.91m
  • Xenoblade Chronicles 3: 1.91m
  • Kirby's Return to Dream Land Deluxe: 1.82m
  • Miitopia: 1.79m
  • Mario Kart Live Home Circuit: 1.73m
  • Fire Emblem Engage: 1.68m
  • Marvel Ultimate Alliance 3: 1.60m
  • Pokkén Tournament DX: 1.54m
  • Nintendo Labo Toy-Con 01 Variety Kit: 1.42m
  • Metroid Prime Remastered: 1.36m
  • Wario Ware Get it Together!: 1.34m
  • Astral Chain: 1.33m
  • Dr Kawashima's Brain training: 1.27m
  • Bayonetta: 1.24m
  • Bayonetta 2: 1.23m
  • Princess Peach Showtime! 1.22m
  • Game Builder Garage: 1.15m
  • Mario Versus Donkey Kong: 1.12m
  • Bayonetta 3: 1.09m
  • Fire Emblem Warriors Three Hopes: 1.00m
Nintendo Switch hardware shipments compared to some other platforms (millions of units)

Last edited by ShadowLink93 - on 09 May 2025

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Nintendo Forecasts 15 million hardware and 45 million software for the current fiscal year, for comparison the OG Switch shipped 15.05 million hardware and 63.51 million software for it's first full fiscal year. The hardware target is achievable and the software is easily achievable, if they have a big hitter in Q3 (3D Mario please) then they will zoom past that 45 million software target with a quarter to spare.

Last edited by ShadowLink93 - on 08 May 2025

Its interesting to see that Nintendo is forecasting the software sales to decline from FY25 to FY26. FY25 had 155M software sold, while FY26 is projected to have combined software sales of 150M for Switch 1 + Switch 2.



Zippy6 said:

Nintendo aren't forecasting that to happen though. 3DS shipped 6.4m in the year ending March 31st 2018. GBA shipped 8.33m year ending March 31st 2006. Switch is forecast for 4.5m in the year ending March 31st 2026 and for 3 of those months it's the current system. Unlike the 3DS in which the Switch was out for all of those 12 months, and the GBA which the DS was already out, and for a longer time in Japan.

3DS only dropped 12% YoY with the Switch launch, not the 58% YoY drop forecast here. Nintendo are forecasting a much faster death for the Switch than those two systems.

The price difference was much bigger for 3DS (2DS was $80 by 2016, basically a quarter of the Switch price) and it had the advantage of Switch not being BC either.

Yeah. These systems were way younger, relatively cheaper, and their successors weren't even marketed as such (third pillar strategy and all), so that makes sense.



 

 

 

 

 

10.8 million units for the entire fiscal year, which is way lower than their initial projection.



Nintendo had to revise the Switch forecast twice last FY. I can imagine they are conservative with this years forecast for also this reason. Don't want to go downgrading forecast two years in a row. Would be a bad look.