FinancialNacon
First-Quarter 2025-26 Sales at €31.3 M, In Line with the Group's Objectives
28 Jul 20252 pages~4 min full read
Nacon reported Q1 2025-26 revenue of €31.3 million, a 2.9% year-over-year decrease that remains in line with the group's strategic objectives.
Gaming software revenue grew 10.4% to €19.7 million, driven by a 46.4% surge in new catalogue sales, specifically strong performances from Tour de France 2025 and Pro Cycling Manager 25.
The accessories division declined 18.8% to €10.8 million, hampered by a weak U.S. market and customs duties, despite 22% growth in European sales for Nintendo Switch 2 and Xbox Revolution X peripherals.
The group confirmed its full-year 2025-26 targets, anticipating strong growth in the second quarter and beyond supported by a pipeline of approximately ten titles for the second half of the year.
Upcoming release momentum is anchored by 'Hell is Us,' which has already secured nearly one million wishlists, alongside 'Rugby League 26' and 'Robocop: Rogue City – Unfinished Business.'
Back catalogue gaming sales remained stable at €14.0 million, providing a consistent revenue baseline during the first quarter.
Nacon reported consolidated revenue of €31.3 million for the first quarter of the 2025-26 fiscal year, covering the period from April 1 to June 30, 2025. This performance represents a slight overall decrease of 2.9% compared to the previous year but remains aligned with the group's strategic objectives. The results highlight a divergence between the software and hardware segments, with gaming activity growing by 10.4% to reach €19.7 million, while the accessories division declined by 18.8% to €10.8 million.
The growth in gaming revenue was primarily fueled by a 46.4% surge in new catalogue sales, led by the strong performance of sports titles such as Tour de France 2025 and Pro Cycling Manager 25, which saw year-over-year sales increases of 25% and 35% respectively. The back catalogue remained stable at €14.0 million. Conversely, the accessories segment faced challenges due to a weak U.S. market impacted by customs duties and an unfavorable basis of comparison, though this was partially mitigated by 22% growth in the European market driven by Nintendo Switch 2 peripherals and the Xbox Revolution X Unlimited controller.
Looking ahead, the group anticipates strong growth in the second quarter and throughout the remainder of the fiscal year. This outlook is supported by a robust release schedule including Rugby League 26, Robocop: Rogue City – Unfinished Business, and the highly anticipated Hell is Us, which has secured nearly one million wishlists. With approximately ten titles scheduled for the second half of the year and continued innovation in the Revosim and Switch 2 accessory lines, the group confirms its targets for the full 2025-26 fiscal year.
