Nintendo reports strong 9-month period: nearly $9.5 billion in revenue and 11.96 million Super Mario Bros. Wonder units sold

Super Mario Bros. Wonder

Financial highlights (Q1-Q3)

• According to its consolidated financial results, Nintendo reached ¥1.4 trillion yen ($9.4 billion) in revenue in the first three quarters of FY24 (the period between April 1 and December 31, 2023), up 7.7% year-over-year.
• Operating profit was ¥464.4 billion ($3.1 billion), up 13.1% compared to the same period last year, while net profit grew 17.9% year-over-year to ¥408 billion ($2.74 billion).
• 78.7% of Nintendo’s revenue came from outside of Japan. The Americas was its biggest region, accounting for 43.9% of the total, while Europe and Japan accounted for 25% and 21.3% respectively.
• Digital sales increased by 11.7% year-over-year and reached ¥346.4 billion ($2.33 billion), accounting for 48.1% of the company’s total revenue.

• In the nine-month period, the company sold 13.74 million Nintendo Switch units, down 7.8% year-over-year. But the sales of the OLED model jumped 6.2% to 8.17 million units.
• As of December 31, 2023, Nintendo Switch reached 139.3 million units sold. It remains the third best-selling game console of all time, behind Nintendo DS (154 million) and PlayStation 2 (155+ million).
• In 2023, the number of annual paying users reached 122 million users, up from 114 million in 2022.

Game sales

• In Q1-Q3, Nintendo sold 163.95 copies of games in the nine-month period, 66.87 million of which were sold during Q3 alone. Overall, game sales decreased by 4.7% compared to the same nine-month period in FY23.
• The Legend of Zelda: Tears of the Kingdom reached 20.28 million copies sold. It is now officially the second best-selling game of 2023, behind Hogwarts Legacy (22 million units).
• Super Mario Bros. Wonder sold 11.96 million units in its first two months, and Pikmin 4 reached 3.33 million copies sold in the first three quarters of FY24.

Below are the 10 best-selling Switch games (as of December 31, 2023):

1. Mario Kart 8 Deluxe — 60.58 million copies;
2. Animal Crossing: New Horizons — 44.79 million copies;
3. Super Smash Bros. Ultimate — 33.67 million copies;
4. The Legend of Zelda: Breath of the Wild — 31.61 million copies;
5. Super Mario Odyssey — 27.65 million copies;
6. Pokémon Sword / Shield — 26.17 million copies;
7. Pokémon Scarlet / Violet — 24.36 million copies;
8. Super Mario Party — 20.34 million copies;
9. The Legend of Zelda: Tears of the Kingdom — 20.28 million copies;
10. New Super Mario Bros. U Deluxe — 17.2 million copies.