{"id":7328,"date":"2026-08-07T02:31:20","date_gmt":"2026-08-06T18:31:20","guid":{"rendered":"https:\/\/www.gametrader.sg\/blog\/nintendo-q1-2026-results-switch-2-23-million\/"},"modified":"2026-08-07T02:31:20","modified_gmt":"2026-08-06T18:31:20","slug":"nintendo-q1-2026-results-switch-2-23-million","status":"publish","type":"post","link":"https:\/\/www.gametrader.sg\/blog\/nintendo-q1-2026-results-switch-2-23-million\/","title":{"rendered":"Nintendo&#8217;s Q1 Profit Surges 53% as Switch 2 Crosses 23 Million \u2014 What Singapore Players Need to Know"},"content":{"rendered":"<p>Nintendo dropped its first-quarter earnings on 6 August, and the headline numbers tell a story that might surprise you: profits are way up, hardware is slightly down, and Nintendo&#8217;s IP machine is running hotter than ever. For Singapore Switch 2 owners, the results confirm the platform is in rude financial health \u2014 and point to a loaded second half of 2026.<\/p>\n<figure class=\"gt-video\">\n<div style=\"position:relative;padding-bottom:56.25%;height:0;overflow:hidden;\"><iframe src=\"https:\/\/www.youtube.com\/embed\/9flte56erE8\" title=\"Nintendo Switch 2 \u2013 Overview Trailer\" loading=\"lazy\" style=\"position:absolute;top:0;left:0;width:100%;height:100%;border:0;\" allow=\"accelerometer;clipboard-write;encrypted-media;gyroscope;picture-in-picture;web-share\" allowfullscreen><\/iframe><\/div><figcaption>Nintendo Switch 2 \u2013 Overview Trailer \u2014 via Nintendo of America on YouTube<\/figcaption><\/figure>\n<h2>Switch 2 Hardware: 23.68 Million and Counting<\/h2>\n<figure><img decoding=\"async\" src=\"https:\/\/i0.wp.com\/www.gametrader.sg\/blog\/wp-content\/uploads\/2026\/08\/nintendo-switch2-hardware.png?w=474&#038;ssl=1\" alt=\"Nintendo Switch 2 console hardware with Joy-Con controllers and dock\" data-recalc-dims=\"1\"><figcaption>Image courtesy of Nintendo<\/figcaption><\/figure>\n<p>The Nintendo Switch 2 has now sold a cumulative 23.68 million units worldwide since its June 2025 launch. In the April\u2013June quarter alone, 3.82 million units shipped \u2014 down 34.4% from the same quarter last year, when the console was riding its initial launch wave. That cooling is expected and normal for any platform entering its second year.<\/p>\n<p>Nintendo&#8217;s own full-year hardware target is 16.5 million Switch 2 units for the financial year ending March 2027, down roughly 17% from the previous year&#8217;s pace. One factor affecting hardware economics: the Switch 2&#8217;s price was raised in some markets due to rising memory chip costs driven in part by AI-related demand. Singapore has not been immune to global component pricing shifts, so if you have been sitting on the fence, buying sooner rather than later remains the sensible call.<\/p>\n<p>The original Nintendo Switch, for its part, continues to surprise: it has now shipped 156.59 million units lifetime, cementing its place as one of the best-selling consoles in history.<\/p>\n<h2>Software Carries the Quarter \u2014 Tomodachi Life Leads the Charge<\/h2>\n<figure><img decoding=\"async\" src=\"https:\/\/i0.wp.com\/www.gametrader.sg\/blog\/wp-content\/uploads\/2026\/08\/tomodachi-life-living-the-dream.jpg?w=474&#038;ssl=1\" alt=\"Tomodachi Life: Living the Dream key art featuring colorful Mii characters on an island\" data-recalc-dims=\"1\"><figcaption>Image courtesy of Nintendo<\/figcaption><\/figure>\n<p>While hardware cooled, Switch 2 software was up 9.2% year-on-year, with 9.46 million software units sold in Q1 and the cumulative Switch 2 software total now at 58.17 million. The standout performer: <strong>Tomodachi Life: Living the Dream<\/strong>, which launched in April and has already sold nearly 8 million copies (7.94 million) \u2014 making it one of the fastest-selling Nintendo first-party Switch 2 titles to date.<\/p>\n<p>Singapore gamers have taken to Tomodachi Life&#8217;s chaotic Mii life-sim energy in a big way, and the game&#8217;s localisation across Southeast Asian languages has made it an easy pick-up-and-play favourite for families and friends alike. If you have not tried it yet, it is available via the Nintendo eShop in Singapore.<\/p>\n<p>Digital sales surged 90% year-on-year to \u00a5132.7 billion, reflecting the accelerating shift away from physical media \u2014 and a stark contrast to Sony&#8217;s ongoing controversy over its planned end to PS5 disc releases, which we <a href=\"\/blog\/category\/news\/\">covered in our news section<\/a>.<\/p>\n<h2>Where the Profit Surge Actually Came From<\/h2>\n<p>Here is the nuance worth understanding: Nintendo&#8217;s net sales for the quarter came in at \u00a5517.8 billion \u2014 actually down 9.5% year-on-year. Yet <strong>operating profit jumped 150.5%<\/strong> to \u00a5142.5 billion, and net profit rose 53.5% to \u00a5147.4 billion, comfortably topping analyst estimates of \u00a577.8\u201378.3 billion.<\/p>\n<p>Two factors explain the profit surge. First, Nintendo received roughly US$300 million in refunds of tariffs levied under US trade legislation \u2014 costs it had previously absorbed rather than pass on to consumers. Second, IP-related income more than doubled to \u00a534.8 billion (up 107.4%), driven significantly by <em>The Super Mario Galaxy Movie<\/em>, which has generated over US$1 billion at the global box office since its April 1 release and has become 2026&#8217;s fourth highest-grossing film worldwide. Merchandise, licensing and theme park revenues followed in the film&#8217;s wake.<\/p>\n<p>Nintendo left its full-year guidance intact: \u00a52.05 trillion in net sales and \u00a5310 billion in net profit through March 2027. That steadiness signals management confidence in the software pipeline ahead.<\/p>\n<h2>What Singapore Players Can Expect in the Coming Months<\/h2>\n<figure><img decoding=\"async\" src=\"https:\/\/i0.wp.com\/www.gametrader.sg\/blog\/wp-content\/uploads\/2026\/08\/fire-emblem-fortunes-weave-screenshot.jpg?w=474&#038;ssl=1\" alt=\"Fire Emblem: Fortune's Weave characters standing in a grand stone hall on Nintendo Switch 2\" data-recalc-dims=\"1\"><figcaption>Image courtesy of Nintendo<\/figcaption><\/figure>\n<p>Nintendo&#8217;s earnings call specifically flagged several upcoming titles that should keep the momentum going through year-end \u2014 and every one of them is confirmed for Singapore on the Switch 2 eShop.<\/p>\n<p><strong>Fire Emblem: Fortune&#8217;s Weave<\/strong> launches on <strong>17 September 2026<\/strong> exclusively on Switch 2. The game \u2014 the first mainline Fire Emblem built ground-up for the platform \u2014 was the subject of a dedicated Nintendo Direct on 4 August, which revealed its dual-protagonist structure, time-manipulation battle mechanics, and branching story routes. SGD pricing has not been officially confirmed, but expect it in line with other Switch 2 first-party titles (roughly S$80\u2013S$90).<\/p>\n<p><strong>The Legend of Zelda: Ocarina of Time<\/strong> remake is also on the 2026 horizon. Nintendo confirmed this in its June Direct, and while an exact release date has not been pinned down, strong financial guidance implies Nintendo is confident in a 2026 window. For many Singapore gamers who grew up with the N64 original, this one is a genuine event.<\/p>\n<p><strong>Nintendo Switch Sports Resort<\/strong> is slated for October, broadening the Switch 2&#8217;s casual appeal heading into the school-holiday and year-end gifting season \u2014 traditionally strong months for Switch hardware sales in Singapore.<\/p>\n<p>Taken together, Nintendo is entering its highest-stakes software window of the Switch 2&#8217;s lifecycle. The balance sheet is strong, the IP pipeline is firing, and the platform&#8217;s Singapore-region library continues to grow. Whether you are a day-one Switch 2 owner or still weighing the purchase, the second half of 2026 looks like the best argument yet to be in the Nintendo ecosystem.<\/p>\n<p><!--GT-SCOUT source=\"Web (English)\" theme=\"Video games\" flags=\"none\"--><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nintendo&#8217;s Q1 profit jumped 53% to \u00a5147.4 billion despite Switch 2 hardware sales dipping 34%. With Tomodachi Life at nearly 8 million copies and big games ahead, here is what it means for Singapore gamers.<\/p>\n","protected":false},"author":20,"featured_media":7324,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":[]},"categories":[11,30],"tags":[179,55,45,133],"class_list":["post-7328","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-game-news","category-news","tag-fire-emblem","tag-nintendo","tag-nintendo-switch-2","tag-switch-2"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.gametrader.sg\/blog\/wp-content\/uploads\/2026\/08\/nintendo-switch2-welcome-center.png?fit=1920%2C1080&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p13AlF-1Uc","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":6122,"url":"https:\/\/www.gametrader.sg\/blog\/nintendo-switch-2-oled-rumour-singapore\/","url_meta":{"origin":7328,"position":0},"title":"Switch 2 OLED Rumour: Should Singapore Gamers Wait Before Buying?","date":"July 20, 2026","format":false,"excerpt":"Industry sources say Nintendo is considering a Switch 2 OLED model with Samsung display, targeting late 2027. What Singapore Switch 2 owners need to know before pulling the trigger.","rel":"","context":"In &quot;Game News&quot;","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.gametrader.sg\/blog\/wp-content\/uploads\/2026\/07\/nintendo-switch-2-official.png?fit=1200%2C630&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":3370,"url":"https:\/\/www.gametrader.sg\/blog\/nintendo-direct-june-9-2026-live-singapore-time\/","url_meta":{"origin":7328,"position":1},"title":"Nintendo Direct Tonight at 10pm SGT \u2014 What Switch 2 Fans Need to Know","date":"June 9, 2026","format":false,"excerpt":"Nintendo's first general Direct of 2026 airs tonight at 10pm SGT \u2014 50 minutes of Switch and Switch 2 news, followed by 95 minutes of Treehouse Live. Here's your Singapore watch guide.","rel":"","context":"In &quot;Game News&quot;","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.gametrader.sg\/blog\/wp-content\/uploads\/2026\/06\/nintendo-direct-june-2026.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":5410,"url":"https:\/\/www.gametrader.sg\/blog\/nintendo-switch-2-pokemon-pokopia-bundle-singapore\/","url_meta":{"origin":7328,"position":2},"title":"Switch 2 + Pok\u00e9mon Pokopia Bundle: Where to Pre-Order in Singapore","date":"July 10, 2026","format":false,"excerpt":"Pre-orders for the Nintendo Switch 2 + Pok\u00e9mon Pokopia bundle are live in Singapore ahead of its 23 July launch. Where to buy it, whether S$769.95 is really a saving, and why demand is high.","rel":"","context":"In &quot;Game News&quot;","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.gametrader.sg\/blog\/wp-content\/uploads\/2026\/07\/pokopia_hero.jpg?fit=750%2C1000&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":3330,"url":"https:\/\/www.gametrader.sg\/blog\/nintendo-direct-june-9-2026-singapore-watch-guide\/","url_meta":{"origin":7328,"position":3},"title":"Nintendo Direct Tipped for 9 June \u2014 What Singapore Switch 2 Fans Should Watch","date":"June 6, 2026","format":false,"excerpt":"Two reliable Nintendo insiders say a full Nintendo Direct is coming Tuesday, 9 June 2026. Here's when to tune in from Singapore (9 PM SGT) and what Switch 2 reveals to expect.","rel":"","context":"In &quot;News&quot;","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.gametrader.sg\/blog\/wp-content\/uploads\/2026\/06\/nintendo-direct-june-2026-star-fox.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":3397,"url":"https:\/\/www.gametrader.sg\/blog\/zelda-ocarina-of-time-remake-switch-2-2026\/","url_meta":{"origin":7328,"position":4},"title":"Zelda: Ocarina of Time Remake Coming to Nintendo Switch 2","date":"June 10, 2026","format":false,"excerpt":"Nintendo confirmed a full remake of Zelda: Ocarina of Time for Switch 2 at the June 2026 Direct. Here's what Singapore Switch 2 owners need to know.","rel":"","context":"In &quot;Game News&quot;","img":{"alt_text":"The Legend of Zelda: Ocarina of Time remake screenshot for Nintendo Switch 2","src":"https:\/\/i0.wp.com\/www.gametrader.sg\/blog\/wp-content\/uploads\/2026\/06\/zelda-oot-switch2-remake.png?fit=1106%2C622&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":6862,"url":"https:\/\/www.gametrader.sg\/blog\/super-mario-sunshine-switch-2-gamecube-nintendo-classics-august-2026\/","url_meta":{"origin":7328,"position":5},"title":"Super Mario Sunshine Heads to Switch 2 Nintendo Classics on August 13","date":"July 31, 2026","format":false,"excerpt":"Super Mario Sunshine joins Nintendo GameCube \u2013 Nintendo Classics on Switch 2 on August 13. Here's what Singapore Nintendo Switch Online subscribers need to know.","rel":"","context":"In &quot;Game News&quot;","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.gametrader.sg\/blog\/wp-content\/uploads\/2026\/07\/mario-sunshine-gamecube-classics-announcement.jpg?fit=1200%2C900&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.gametrader.sg\/blog\/wp-json\/wp\/v2\/posts\/7328"}],"collection":[{"href":"https:\/\/www.gametrader.sg\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gametrader.sg\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gametrader.sg\/blog\/wp-json\/wp\/v2\/users\/20"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gametrader.sg\/blog\/wp-json\/wp\/v2\/comments?post=7328"}],"version-history":[{"count":0,"href":"https:\/\/www.gametrader.sg\/blog\/wp-json\/wp\/v2\/posts\/7328\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gametrader.sg\/blog\/wp-json\/wp\/v2\/media\/7324"}],"wp:attachment":[{"href":"https:\/\/www.gametrader.sg\/blog\/wp-json\/wp\/v2\/media?parent=7328"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gametrader.sg\/blog\/wp-json\/wp\/v2\/categories?post=7328"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gametrader.sg\/blog\/wp-json\/wp\/v2\/tags?post=7328"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}