Nintendo earnings plunge 60 percent in fiscal year as it preps new hardware

That’s an ugly bottom line.

Nintendo’s earnings for the fiscal year ended March 31 fell 60.6 percent to 16.5 million yen, or $148 million, on revenue of $4.53 billion (down 8 percent). That was a relatively weak performance for a company that once dominated video games and is now trailing behind rivals Sony and Microsoft.

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Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.