Why did Nintendo earnings surge this quarter?

Results were driven by a new hardware cycle and strong software. Switch 2 sold 17.37 million units through FY2026 Q1–Q3, lifting platform engagement and accessory sales. This mix supported revenue growth of 99.3% year over year, with operating profit up 21.3% and net profit up 51.3%.

How many Switch 2 units have been sold so far?

Switch 2 reached 17.37 million units sold in the first three quarters of FY2026 and became the fastest Nintendo system to surpass 15 million units. This rapid ramp signals broad demand, solid supply, and improving channel health across Japan and key overseas markets.

What is the Switch sales milestone mentioned?

Cumulative Nintendo Switch family sales reached 155.37 million units. This milestone underscores platform durability and a large active base that can drive software, DLC, and accessories. It also offers a cushion for quarterly performance as the release schedule spreads demand across the calendar.

What should Japan investors watch after these results?

Focus on updated guidance, sell‑through versus shipments, digital mix, and gross margin signals. Production capacity, regional pricing, and the near‑term software lineup will shape expectations. FX remains a swing factor for reported revenue in yen, while promo intensity can influence profit flow-through.

Global Market Insights

Nintendo Earnings Today, February 3: Switch 2 Drives 99% Revenue Surge

ByDanny Kontos February 3, 2026February 3, 2026

Nintendo earnings today, February 3, delivered a major upside for Japan investors. FY2026 first three quarters revenue rose 99.3% year over year, operating profit increased 21.3%, and net profit climbed 51.3%. The beat was powered by Switch 2 sales of 17.37 million units, the fastest platform to reach 15 million. Cumulative Switch family sales hit 155.37 million. We break down the Nintendo financial results, the drivers behind the surge, and what these trends mean for sentiment, valuation, and risk checks in Tokyo in the coming weeks.