Nintendo’s Profits Skyrocket, Customers Still Waiting for Their Refunds
KEY POINTS
- •Nintendo reported a 150.5% increase in operating profits from April to June 2025, earning 142.5 billion yen.
- •This boost came mainly from increased Switch 2 software sales and unexpected US tariff refunds.
- •Despite these refunds bumping profits, customers will not directly benefit from the tariff windfall.
Between April 1st and June 30th—otherwise known as Nintendo's golden quarter—the gaming giant raked in a cool 142.5 billion yen (about $902 million), a jaw-dropping 150.5% increase over last year's $360 million sprint. Blame it on Switch 2 game sales climbing a humble but hardworking 9.2%. Oh, and the cherry on top: US tariff refunds boosting those numbers, even though customers won’t see a single balikbayad peso from it. So congratulations, Nintendo shareholders, you’re having a party, but gamers? They're just stuck witnessing the fireworks from their couch. Meanwhile, Nintendo’s financial wizardry continues at https://www.nintendo.co.jp/ir/en/events/index.html.
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(1 of 3)Nintendo made almost a billion dollars this quarter thanks to tariff refunds, while gamers wait for refunds like they wait for new Switch 3 upgrades: indefinitely.
Nintendo’s profits are so high it’s basically monetizing the air around tariff refunds while your Switch collects dust like unpaid bills.
Making 150% more profit than last year and still ignoring the customers’ refund checks? Nintendo’s reading the game rules from a different cartridge.
Source: Theverge | Published: 8/6/2026 | Author: Jess Weatherbed
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