Nintendo started its fiscal year with record results thanks to the launch of the Switch 2 console, the company said in a report.
In its first month of sales, starting in June, the company sold 5.82 million units. This is more than double the result of the original Switch, which sold 2.7 million units in its first month in 2017.
Demand for the Switch 2 has outstripped supply in many countries. Pre-orders were sold out at major U.S. retailers before the launch, though limited stock remained on launch day. The company has promised to ramp up production to meet demand.
The console's success led to a 132% increase in quarterly revenue. Revenue for the April-June period was ¥572.3 billion (~$3.8 billion), up from ¥246.6 billion (~$1.6 billion) in the same period last year. Nintendo maintains its Switch 2 sales forecast of 15 million units by the end of fiscal 2026, despite external risks, including U.S. tariffs.
The White House announced a 20% tariff on goods from Vietnam, where the Switch 2 is manufactured, on Tuesday. That's double the 10% tariff that Nintendo had been factoring into its current financial guidance. The company said it doesn't expect a significant impact on earnings at this time.
The launch of the Switch 2 made it the fastest-selling gaming console in history. Despite this, the original Switch continues to sell well, reaching 153.1 million units all-time, almost equaling the Nintendo DS's record of 154.02 million. By comparison, the Wii U sold just 13.7 million units over its entire lifespan.
The Switch 2 not only brought Nintendo a financial boost, but also solidified its status as a leading player in the console market.