Nintendo beats earnings thanks to US tariff refunds it won’t share with gamers
Jess started her career at TechRadar, covering news and hardware reviews.Nintendo has smashed its first-quarter earnings estimates for the fiscal year, bolstered by strong games sales and US tariff refunds, though its customers likely won’t receive anything from the latter. While the company has increased the price of both Switch consoles over the last year, Nintendo says it bore the brunt of costs associated with tariffs instead of passing them over to consumers through increased product prices. That means it believes anyone who paid a higher price for their Switch console isn’t entitled to part of that tariff refund.Nintendo is currently defending this argument in court, in a bid to dismiss a lawsuit alleging that it’s retaining tariff refunds despite passing those costs to its customers.
- ▪Jess started her career at TechRadar, covering news and hardware reviews.Nintendo has smashed its first-quarter earnings estimates for the fiscal year, bolstered by strong games sales and US tariff refunds, though its customers likely won’t
- ▪While the company has increased the price of both Switch consoles over the last year, Nintendo says it bore the brunt of costs associated with tariffs instead of passing them over to consumers through increased product prices.
- ▪That means it believes anyone who paid a higher price for their Switch console isn’t entitled to part of that tariff refund.Nintendo is currently defending this argument in court, in a bid to dismiss a lawsuit alleging that it’s retaining t
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| Original publisher | The Verge |
| Canonical URL | https://www.theverge.com/games/976054/nintendo-earnings-q1-2027-tariff-refund |
| Publication time | 2026-08-06T06:58:20-04:00 |
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GamingCloseGamingPosts from this topic will be added to your daily email digest and your homepage feed.FollowFollowSee All GamingBusinessCloseBusinessPosts from this topic will be added to your daily email digest and your homepage feed.FollowFollowSee All BusinessEntertainmentCloseEntertainmentPosts from this topic will be added to your daily email digest and your homepage feed.FollowFollowSee All EntertainmentNintendo beats earnings thanks to US tariff refunds it won’t share with gamersOperating profit increased by more than 150 percent, partially because of a $300 million tariff refund. Operating profit increased by more than 150 percent, partially because of a $300 million tariff refund.
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