Nintendo has confirmed that the upcoming Switch 2 will be backward compatible with original Switch games and will also support Nintendo Switch Online.

“The momentum of the Nintendo Switch hasn’t stopped,” President Shuntaro Furukawa told reporters. His comments come a day after Nintendo reported a 60% drop in its fiscal first half profit, largely because of declining sales of the Switch, which now is in its eighth year, as well as Switch games.

You won't have to worry about repurchasing your Nintendo favorites when the Switch’s successor finally arrives. In its earnings report, Nintendo said its next console will have backwards compatibility and be able to run games made for the Switch.