Nintendo FY/2025 Q4 Financial Results
DOCUMENTS:
Financial Results Explanatory Material
Consolidated Financial Highlights
HIGHLIGHTS
Switch has sold a total 10.80M in the previous fiscal year
Switch sells 1.26m units during Q4 (35.7%% down YoY)
Switch LTD sales have reached 152.12M units
Switch hardware forecast was revised down from 12.5m to 11m during the Q3 report. In the end, the system came just short—missing that revised goal by about 200k units. Nintendo projects 4.5m Switch 1 units sold during the next fiscal year. I think they could do a lot more than that with aggressive bundling and price drops. Whether the Switch can ultimately reach that new PS2 benchmark of 160m units remains to be seen! Nintendo did meet their reduced software total of 150m, ending the year with 155.41m software units for the year.
Looking ahead, Nintendo is projecting 4.5 million Switch 1 units sold for the next fiscal year. Personally, I think they could surpass that with some smart moves—like aggressive bundling or strategic price drops.
Here are the updated software totals. The bolded listings sold over a million units during the fiscal year. Format = Title - LTD (Q4 total):
Mario Kart 8 Deluxe - 68.20M (+0.85M)
Animal Crossing: New Horizons - 47.82M (+390K)
Super Smash Bros. Ultimate - 36.24M (+360K)
The Legend of Zelda: Breath of the Wild - 32.81M (+190K)
Super Mario Odyssey - 29.28M (+240K)
Pokémon Scarlet and Violet - 26.79M (+410K)
Pokémon Sword and Shield - 26.72M (+120K)
The Legend of Zelda: Tears of the Kingdom - 21.73M (+180K)
Super Mario Party - 21.16M (+60K)
New Super Mario Bros. U Deluxe - 18.25M (+190K)
Mario Party Superstars - 14M
Donkey Kong Country Returns HD - 1.27M (NEW)
Super Mario Party Jamboree - 7.48M (+1.31M)
The Legend of Zelda: Echoes of Wisdom - 4.09M (+180K)
Nintendo Switch Sports - 16.27M (+530K)
Super Mario Bros. Wonder - 16.03M (+530K)
Paper Mario: The Thousand-Year Door - 2.1M (+40K)
Mario & Luigi: Brothership - 1.97M (+130K)
Luigi's Mansion 2 HD - 1.88M (+80K)
The Nintendo Switch is now in it’s 9th year on the market. If the current model hits Nintendo’s fiscal year forecast of 4.5 million units, that would bring the Switch’s lifetime total to around 156.62m by this time next year. I still think it has a real shot at reaching that new, extended Sony PS2 milestone of 160m units. There's still plenty of room for Nintendo to position the original Switch as a super accessible entry point into their ecosystem—and I really hope they lean into that opportunity.
Additionally, Nintendo forecasts 15m Switch 2 units and 45m pieces of software to be sold between June launch and end of fiscal year in March…
