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The Molasses Flood

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Cover of CD Projekt Full Year 2022 Financial Results
Article

CD Projekt Full Year 2022 Financial Results

CD Projekt’s 2022 financial results demonstrate a period of strong performance, marking the company’s second-best year for both revenue and net profit.

  • CD Projekt achieved its second-best financial year in 2022, recording PLN 952.5 million in revenue (up 7% YoY) and a net profit of PLN 347 million (up 66% YoY).
  • Cyberpunk 2077 remains the company's primary revenue driver, generating $116 million and accounting for over 50% of total annual revenue.
  • Digital distribution is the dominant sales channel, representing 89.2% of total revenue, with 94% of Cyberpunk 2077 and 96% of The Witcher 3 sales coming from digital editions.
CD ProjektMar 2023
Cover of Production on New Witcher Game Gaining Momentum as CD Projekt Reports Nearly $80 Million in Revenue for H1 2022
Article

Production on New Witcher Game Gaining Momentum as CD Projekt Reports Nearly $80 Million in Revenue for H1 2022

CD Projekt’s financial performance for the first half of 2022 highlights a strategic shift toward parallel AAA game development.

  • CD Projekt reported H1 2022 revenue of approximately $79.6 million, a 20% decline compared to the previous year.
  • Despite the revenue drop, the company achieved a net profit of $23.9 million, representing an 8% year-over-year increase.
  • The company is executing its 'RED 2.0' strategy, which shifts resources toward the simultaneous development of multiple AAA titles, specifically prioritizing the next Witcher game.
Game World ObserverSep 2022