Nintendo’s latest financial report (Q1 2025) shows a significant downturn. The Japanese console maker sold just 2.1 million Switch consoles between April and June, a steep 46% drop compared with last year, making 2024 their lowest year yet.
The company’s net sales plummeted by 46.5% to 246.6 billion yen. Profits also took a major hit, with operating profit down 70.6% and ordinary profit falling 55.3%. These figures are not surprising since the Switch is a 7-year-old console now.
The company’s overall revenue has also taken a hit, with mobile games and licensing income dropping 53.8%. Nintendo blames the decline on lower earnings from the “Super Mario Bros. Movie.”
While Nintendo’s hardware sales suffered, the company managed to make profits from other divisions. Nintendo earned 42.8% more from official stores and playing cards, bringing in 2.8 billion yen compared to 1.9 billion yen previously.
However, all Nintendo Switch models experienced significant sales declines. The original Switch fared best with an 18.4% drop, while the Switch Lite and Switch OLED saw steeper declines of 56.1% and 46.3%, respectively.
On the software side, Paper Mario: The Thousand-Year Door and Luigi’s Mansion 2 HD each sold over a million copies. Nintendo also revealed that another game surpassed the million-unit mark but did not disclose the title.
While Princess Peach: Showtime! and Paper Mario: The Thousand-Year Door performed steadily, they combined to sell roughly half as many copies as The Legend of Zelda: Tears of the Kingdom.