• Hey, guest user. Hope you're enjoying NeoGAF! Have you considered registering for an account? Come join us and add your take to the daily discourse.

Nintendo Q2 FY 24/25 Earnings Release: Hardware 2.62m LTD 146.04m. Zelda:EOW 2.58m


The Legend of Zelda: Echoes of Wisdom was the best selling game of Q2

uOpUWoT.jpeg


Nintendo's earnings release for the 2nd quarter of the fiscal year ending March 31st 2025 has been published, this covers the three month period from July 1st to September 30th 2024. Nintendo shipped 2.62 million units of Switch hardware and 39.64 million units of Switch software bringing lifetime totals to 146.04 million for hardware and 1306.10 million for software.

Year over year quarter 2 hardware sales are 0.31 million down from 2.93 million and software sales are 5.24 million down from 44.88 million.

Two titles sold over one million units this quarter, these were the new release Legend of Zelda: Echoes of Wisdom (2.58 million) and Mario Kart 8 Deluxe (1.37 million).

For the current fiscal year Nintendo have modified their Switch forecast from 13.5 million down to 12.5 million for hardware and from 165 million down to 160 million for software.

KKFRZOK.png


Hardware

Switch Hardware Q2:
2.62m
Regional Split Q2: Japan 830k, Americas 940k, Europe 620k, Other 240k
Model Variants Q2: Standard 730k, Lite 630k, Oled 1.26m

Switch Hardware Total: 146.04m
Regional Split Total: Japan 35.62m, Americas 56.11m, Europe 37.52m, Other 16.79m
Model Variants Total: Standard 94.70m, Lite 24.51m, Oled 26.83m

Global Shipment History (millions)

4GYu6cC.png


Software

Switch Software Q2:
39.64m
Regional Split Q2: Japan 8.68m, Americas 16.47m, Europe 11.84m, Other 2.65m
Tie Ratio Q2: 15.13

Switch Software Total: 1306.10m
Regional Split Total: Japan 255.45m, Americas 569.46m, Europe 378.76m, Other 102.44m
Tie Ratio Total: 8.94

Global Shipment History (millions)

cAE8sTg.png


Nintendo reports sales data for software charting in the top 10 or that has sold one million or more units within the current fiscal year (from 1 April 2024).

Software Top 10

Total sales followed by the previous total then sales added to the total in Q2
  • Mario Kart 8 Deluxe: 64.27m (62.90m) + 1.37m
  • Animal Crossing New Horizons: 46.45m (45.85m) + 600k
  • Super Smash Bros Ultimate: 35.14m (34.66m) + 480k
  • Legend of Zelda Breath of the Wild: 32.29m (32.05m) + 240k
  • Super Mario Odyssey: 28.50m (28.21m) + 290k
  • Pokémon Sword/Shield: 26.44m (26.35m) + 90k
  • Pokémon Scarlet/Violet: 25.69m (25.29) + 400k
  • Legend of Zelda Tears of the Kingdom: 21.04m (20.80m) + 240k
  • Super Mario Party: 20.98m (20.84m) + 140k
  • New Super Mario Bros. U Deluxe: 17.77m (17.61m) + 160k
New Release
  • Legend of Zelda: Echoes of Wisdom: 2.58m New!
Others
  • Nintendo Switch Sports: 14.37m (13.11m) + 1.26m for Q1+Q2
  • Paper Mario: The Thousand Year Door: 1.94m (1.76m) + 180k
  • Luigi's Mansion 2 HD: 1.57m (1.19m) + 380k
Million Sellers not updated this quarter (1st party published)
  • Ring Fit Adventure: 15.38m
  • Pokémon Let's Go: 15.07m
  • Pokémon BD/SP: 15.06m
  • Pokemon Legends Arceus: 15.00m
  • Luigi's Mansion 3: 14.25m
  • Splatoon 2: 13.60m
  • Super Mario 3D World + Bowser's Fury: 13.47m
  • Super Mario Bros. Wonder: 13.44m
  • Mario Party Superstars: 12.89m
  • Splatoon 3: 11.96m
  • Super Mario 3D All-Stars: 9.07m
  • Super Mario Maker 2: 8.42m
  • Kirby and the Forgotten Land: 7.52m
  • Legend of Zelda Link's Awakening: 6.63m
  • Clubhouse Games: 4.64m
  • Donkey Kong Country Tropical Freeze: 4.62m
  • Mario Tennis Aces: 4.50m
  • Kirby Star Allies: 4.38m
  • Legend of Zelda Skyward Sword HD: 4.15m
  • Fire Emblem Three Houses: 4.12m
  • Hyrule Warriors Age of Calamity: 4.00m
  • 1-2 Switch: 3.74m
  • Pikmin 4: 3.48m
  • Paper Mario Origami King: 3.47m
  • Yoshi's Crafted World: 3.35m
  • Super Mario RPG: 3.31
  • Metroid Dread: 3.07m
  • New Pokémon Snap!: 2.74m
  • Xenoblade Chronicles 2: 2.74m
  • Arms: 2.72m
  • Mario Strikers Battle League: 2.63m
  • Mario Golf Super Rush: 2.48m
  • Pikmin 3 Deluxe: 2.40m
  • Captain Toad Treasure Tracker: 2.35m
  • Octopath Traveller: 2.08m
  • Mario + Rabbids Kingdom Battle: 2.00m
  • Pokémon Mystery Dungeon DX: 1.99m
  • Big Brain Academy Brain vs Brain: 1.94m
  • Xenoblade Chronicles Definitive Edition: 1.91m
  • Xenoblade Chronicles 3: 1.91m
  • Kirby's Return to Dream Land Deluxe: 1.82m
  • Miitopia: 1.79m
  • Mario Kart Live Home Circuit: 1.73m
  • Fire Emblem Engage: 1.68m
  • Marvel Ultimate Alliance 3: 1.60m
  • Pokkén Tournament DX: 1.54m
  • Nintendo Labo Toy-Con 01 Variety Kit: 1.42m
  • Metroid Prime Remastered: 1.36m
  • Wario Ware Get it Together!: 1.34m
  • Astral Chain: 1.33m
  • Dr Kawashima's Brain training: 1.27m
  • Bayonetta: 1.24m
  • Bayonetta 2: 1.23m
  • Princess Peach Showtime! 1.22m
  • Game Builder Garage: 1.15m
  • Mario Versus Donkey Kong: 1.12m
  • Bayonetta 3: 1.09m
  • Fire Emblem Warriors Three Hopes: 1.00m

Nintendo Switch hardware shipments compared to some other high selling platforms (millions of units)

NNwR3mq.png


Some highlights from the earnings release
FFDNDCt.jpeg
 
Last edited:

Kataploom

Gold Member
Totally missed this. I thought they might lower it.

So if this new estimate holds they’ll be at 153.82M by March 2025.
Didn't they actually raised the projection from 13M to 13M? So they're basically lowering it by half a million compared to the original projection
 

Robb

Gold Member
Nintendo Switch hardware shipments compared to some other high selling platforms (millions of units)
NNwR3mq.png
jurassic-park-remove-glasses.gif


Two quarters in to FY8 and Switch has already doubled the entire FY8 of the Nintendo DS?

Do we know what the Ps2 managed in FY8? If they truly manage to sell 12.5M it looks like that might be the best FY8 result ever?
 

Robb

Gold Member
Didn't they actually raised the projection from 13M to 13.5M? So they're basically lowering it by half a million compared to the original projection
I don’t think so, I’m pretty sure they announced the forecast of 13.5M in Q4 23/24, then made no changes in Q1 24/25, and now lowered it.

But I might be misremembering.
 
Last edited:

Robb

Gold Member
It helps when you consolidate two categories that you were historically selling 100 million+ units in. But nobody actually wants to inspect these numbers.
That makes no sense. PS4 sold incredibly well and no one expected it to reach +170M (PS3+PSP) just because they stopped with the portable line.

Not to mention overlap etc. Both DS and Wii were sold to identical demographics and people will have owned both.

Just look at the chart, NDS FY8 was 2.35M, Wii FY8 was 0.45M, a combined of 2.8M. Switch has not only already beaten that combined number. It is expected to sell 12.5M in the same period. More than 4x the consolidated sales of Wii and NDS.
 
Last edited:
jurassic-park-remove-glasses.gif


Two quarters in to FY8 and Switch has already doubled the entire FY8 of the Nintendo DS?

Do we know what the Ps2 managed in FY8? If they truly manage to sell 12.5M it looks like that might be the best FY8 result ever?
13.73m for PS2 in FY8, so it will fall short but it will easily be 2nd in front of PS1's and XB360's FY8.

yMuP0JN.png


NO4vJUZ.png


H0wVSBG.png
 
Last edited:

Oberstein

Member
Okay, they really delayed the Switch 2 to take first place in the rankings.



A few observations:

- Zelda Totk has completely stagnated in terms of sales.

- Xenoblade is definitely a niche license that survives on Nintendo's money.

- MK8 sales are indecent.

- Metroid Dread didn't sell that badly, with 3 million units. Especially for this kind of game.

- As for the Bayonetta license, it's not coming back.
 

NeoIkaruGAF

Gold Member
Switch is already past PS2 by a decent margin if we consider sales up to FY8.
PS2 survived for 5 more years with a price tag that allowed it to be impulse buy in the richest countries, plus it was sold in markets where gaming hardware is a luxury.
Switch probably won’t pass PS2’s lifetime sales. But considering it never had an official price cut and that it wasn’t the best bang-for-buck media player of its time, it did a remarkable job.
 

SweetTooth

Gold Member
Switch is already past PS2 by a decent margin if we consider sales up to FY8.
PS2 survived for 5 more years with a price tag that allowed it to be impulse buy in the richest countries, plus it was sold in markets where gaming hardware is a luxury.
Switch probably won’t pass PS2’s lifetime sales. But considering it never had an official price cut and that it wasn’t the best bang-for-buck media player of its time, it did a remarkable job.

I think its easily doable really. Switch tends to sell great numbers in the holidays
 
Last edited:

Thick Thighs Save Lives

NeoGAF's Physical Games Advocate Extraordinaire
So I guess Nintendo won't be doing any aggressive price promotions over the holidays if they revised the hardware forecast from 13.5 million to 12.5 million.

I'm curious to see the Q&A with the shareholders and how they'll respond when they inevitably get asked about when they plan to announce the Switch 2. 👀
 
Last edited:

Robb

Gold Member
I think its easily doable really. Switch tends to sell great numbers in the holidays
Should be unless it falls off a cliff or Nintendo stops production like Sony did with PS4.

It’ll be at ~154 by March 2025, then it just needs to sell 7M in the next year or two to beat it.
 

Gaiff

SBI’s Resident Gaslighter
Should be unless it falls off a cliff or Nintendo stops production like Sony did with PS4.

It’ll be at ~154 by March 2025, then it just needs to sell 7M in the next year or two to beat it.
It needs to beat 155M, not that figure Jim Ryan threw out to move the goalposts because he knew what was coming.
 
Last edited:

SweetTooth

Gold Member
Should be unless it falls off a cliff or Nintendo stops production like Sony did with PS4.

It’ll be at ~154 by March 2025, then it just needs to sell 7M in the next year or two to beat it.
Selling more or less that PS2 doesn't really matter in the end. What matters is Switch was massive success for Nintendo and it would be a huge shoe to fill for its successor.

Btw PS2 wasn't the most profitable gen for Sony, PS5 at half the amount sold is generating best ever results for Sony's gaming devision.
 

Warspite

Member
So I guess that Nintendo won't be doing any aggressive price promos over the holidays if they revised the HW forecast from 13.5M to 12.5M.

Curios to see the Q&A with the shareholders and what they'll answer when they inevitably get asked about when they plan to announce the Switch 2. 👀

Interesting theory, we still have not seen the sales fall off a cliff yet, there might be no need for an aggressive price and Nintendo will once again just pack in games.
 

Hookshot

Member
Echoes is a fun little game, shame it’s not sold more but this long in to the switches life all games should be cheaper.

Nintendo really should advertise old games other than just Mario Kart to reinvigorate sales.

Will be nice to see the fully game dedicated Switch finally dethrone the hybrid game/entertainment console that was the PS2. Get that primarily movie/music playing thing out of here.
 

NeoIkaruGAF

Gold Member
I think its easily doable really. Switch tends to sell great numbers in the holidays
Yes, but to play what?
At this point there can’t still be 10-15 million people who want to play MK8 and still haven’t bought a Switch for it.
Same for Pokemon. And those are the two of the biggest hardware sellers the Switch has.
With a successor that MUST be behind the corner at this point, the Switch should tap into a non-existing audience to make those numbers this holiday season.

Comparisons with previous gens are worthless, anyways. Too much has changed.
PS2 did 160 million vs two competitors that didn’t sell 30 million each. Its sales are clearly due to extra-ordinary reasons that simply cannot be replicated 20 years later. Same for the DS, which had the advantage to ride the wave of the touchscreen revolution and had dedicated portable games before the iPhone launched a whole new era of mobile gaming.
The reality is, home console sales have been mostly stable at 80-110 million for three gens at this point, while PC and mobile grew significantly. There doesn’t seem to be much room for expansion there, and the Switch did what a Nintendo home+handheld hardware duo could reasonably do these days. Even better, probably.
 

Robb

Gold Member
It needs to beat 155M, not that figure Jim Ryan threw out to move the goalposts because he knew what was coming.
Sure, it’ll take the official top spot at 155M. But I’m pretty certain it’ll be able to beat Ryan’s revised footnote number as well.
Selling more or less that PS2 doesn't really matter in the end. What matters is Switch was massive success for Nintendo and it would be a huge shoe to fill for its successor.

Btw PS2 wasn't the most profitable gen for Sony, PS5 at half the amount sold is generating best ever results for Sony's gaming devision.
Yeah, things change. I’m pretty sure Switch is the most profitable gen for Nintendo as well, despite Wii/DS selling +250M units.


Echoes is a fun little game, shame it’s not sold more but this long in to the switches life all games should be cheaper.
Huh? Selling 2.58M in less than a week is fantastic.
 

Emedan

Member
Yes, but to play what?
At this point there can’t still be 10-15 million people who want to play MK8 and still haven’t bought a Switch for it.
Same for Pokemon. And those are the two of the biggest hardware sellers the Switch has.
With a successor that MUST be behind the corner at this point, the Switch should tap into a non-existing audience to make those numbers this holiday season.

Comparisons with previous gens are worthless, anyways. Too much has changed.
PS2 did 160 million vs two competitors that didn’t sell 30 million each. Its sales are clearly due to extra-ordinary reasons that simply cannot be replicated 20 years later. Same for the DS, which had the advantage to ride the wave of the touchscreen revolution and had dedicated portable games before the iPhone launched a whole new era of mobile gaming.
The reality is, home console sales have been mostly stable at 80-110 million for three gens at this point, while PC and mobile grew significantly. There doesn’t seem to be much room for expansion there, and the Switch did what a Nintendo home+handheld hardware duo could reasonably do these days. Even better, probably.
PS2 did so well because it continued selling over 40 million units in emerging markets after the PS3 had already released - probably due to it also being a cheap DVD player. That is true, it'll never happen again but year for year the Switch is a better selling system.
 
Last edited:
Top Bottom