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Nintendo reports 151% jump in operating profit amid IP revenue surge
Nintendo reported its first-quarter financial results for the 2026-2027 fiscal year, showing a significant 151% increase in operating profit to 143 billion yen. While net revenue decreased by 9.5% to 517.8 billion yen, profitability was bolstered by a 107.4% surge in IP-related revenue, which reached 34.8 billion yen. This growth was largely driven by the global success of "The Super Mario Galaxy Movie," which has grossed over $1 billion at the box office.
Regarding hardware, Switch 2 console sales fell 34.4% year-over-year to 3.82 million units, though the total installed base for the platform has reached approximately 23.7 million units. Despite the hardware decline, software sales for the Switch 2 rose by 9.2% to 9.46 million units, led by titles such as Mario Kart World, which has sold 15.39 million units.
Nintendo confirmed that it will increase the price of the Switch 2 in both the US and Europe to $499.99 and 499.99 Euro, respectively, effective September 1, 2026. Additionally, the company officially confirmed that a remake of "The Legend of Zelda: Ocarina of Time" is scheduled for release in 2026.
Entities
Mario Kart World · Microsoft · Nintendo · Nintendo Co., Ltd. · Nintendo Switch 2 · Sony · Square Enix · Super Mario Galaxy movie · Switch 2 · The Legend of Zelda: Ocarina of Time · The Super Mario Galaxy Movie
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 3 SOURCES] Nintendo will increase the Switch 2 price to $499.99 in the US and 499.99 Euro in Europe starting September 1, 2026. www.dvd-forum.at · www.199it.com · www.tradingview.com
- [● 8 SOURCES] The Super Mario Galaxy Movie has grossed over $1 billion at the global box office. game.ettoday.net · www.199it.com · www.tradingview.com · notiziedi.it · www.radiostudio90italia.it · +3 more
- [● 8 SOURCES] Switch 2 hardware sales reached 3.82 million units in the first quarter. www.dvd-forum.at · www.199it.com · www.tradingview.com · notiziedi.it · www.radiostudio90italia.it · +3 more
- [○ 1 SOURCE] The remake of The Legend of Zelda: Ocarina of Time is scheduled for release in 2026. www.nordbayern.de
- [○ 1 SOURCE] Operating profit for the June quarter rose 151% to 143 billion yen. www.tradingview.com
- [○ 1 SOURCE] Mario Kart World has sold 15.39 million units. www.dvd-forum.at
- [● 8 SOURCES] Nintendo's IP-related revenue reached 34.8 billion yen, a 107.4% increase year-over-year. game.ettoday.net · www.199it.com · www.tradingview.com · notiziedi.it · www.radiostudio90italia.it · +3 more
- [● 2 SOURCES] The global installed base for Switch 2 is approximately 23.7 million units. www.dvd-forum.at · www.tradingview.com