Nintendo is raising the price of its Switch 2 from $50 to $500 in the United States as it faces higher U.S. memory costs and pricing, the company said in its earnings report. This increase is less than the $150 that Sony’s PS5 console has increased over the last year, but Nintendo has a younger, more price-sensitive fan base, so this increase is likely to reduce sales.
The company revealed that it shipped 2.49 million Switch 2s this quarter, meaning it sold 19.86 million consoles in just three quarters during its last fiscal year. However, Nintendo is forecasting significantly lower sales of 16.5 million Switch 2s for the next full fiscal year.
Many analysts were expecting a sales forecast of over 20 million Switch 2s for next year given the success of the console’s launch. The Japanese company may be tempering expectations a bit with its latest forecast, as it significantly underestimated its sales last year. Nintendo still believes its sales forecast of 16.5 million units “represents a solid level of adoption for the Switch 2 in its second year after launch.”
Software sales also increased this year, with sales of 185.62 million units (Switch and Switch 2), up from 155.41 million (Switch only) in fiscal 2025. Some of the highlights were Mario Kart World (14.7 million units), Donkey Kong Bananza (4.5 million units) and Pokémon Legends: ZA (8.5 million units). Nintendo also noted that the Super Mario Galaxy movie grossed over $800 million in its first four weeks.
Overall, Nintendo’s revenue for fiscal 2026 increased a massive 98.6% from 2025 to 2.3 trillion yen ($14.7 billion), up from 1.16 trillion yen ($7.4 billion) the year before. He expects that figure to fall by almost 11.4% next year, although he expects operating profit to rise slightly due to increased software sales. Its forecast includes additional costs of around 100 billion yen “due to rising component prices, particularly for memory, and tariff measures.”