Nintendo Q1 profits surge 150% on strong game sales and US tariff refunds

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Nintendo reported a major jump in first-quarter operating profits for fiscal 2025, rising to 142.5 billion yen (approximately $902 million) compared to 56.9 billion yen in the same period last year. The 150.5 percent increase was driven by robust software sales across both the Switch 2 and original Switch platforms, with Switch 2 software sales growing 9.2 percent year-on-year. US tariff refunds also contributed to the earnings boost, though Nintendo has not indicated any plans to pass those savings on to consumers. The results cover the period from April 1 to June 30, 2025.

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