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As Nintendo Switch 2 Nears 20 Million Units Sold, The Company Expects Sales To Decline Next Fiscal Year

Nintendo has released its latest financial report for Fiscal Year 2026, revealing that it has sold through nearly 20 million Switch 2 units. Despite what Nintendo calls a launch year where “sales reached a level we had not experienced with any of our previous hardware systems” (due to high interest in the Switch console), it expects a decline in year-over-year sales for Fiscal Year 2027, which ends in March of next year.

Officially, 19.86 million Switch 2 units have been sold in the console’s first fiscal year, but for its second fiscal year, Nintendo is forecasting 16.5 million units sold. “For our hardware systems to date, sales units have generally tended to be higher in the second fiscal year after launch than in the launch year,” the fiscal report notes read. “Nintendo Switch 2, however, launched at a time when many consumers were continuing to enjoy Nintendo Switch. Against this backdrop and amid many other factors [Editor’s Note: likely an allusion to rising memory costs resulting from AI buy-up worldwide, alongside tariffs enacted by the U.S. President], launch-year sales reached a level we had not seen with any of our previous hardware systems.

“In light of strong sales performance in the first year following launch and price adjustments, we expect unit sales for the fiscal year ending March 2027 to decline year over year. That said, we view this as a healthy level of sales for Nintendo Switch 2 in its second year after launch, and we continue to anticipate further growth in the installed base.”

As you can see, despite the expected decline in Switch 2 sales, Nintendo still views the console’s growth as healthy. If you look back at how the Switch performed in a similar time frame, Switch 2 outpaces it. Switch 2 sales have exceeded the fiscal-year sales of the Switch’s March 2018 and March 2019 fiscal years, the two full-year periods immediately following the Switch’s launch. In other words, the Switch 2 is performing better than the Switch so far. Today’s news comes alongside the announcement that Nintendo plans to increase the price of the Switch 2 in various regions, including the US, due to “changes in market conditions.”

Elsewhere in the fiscal report, Nintendo has detailed the sales numbers for various games released this fiscal year. They are as follows: