Financial Reports·Updated Mar 17, 2026 by CD Projekt
CD Projekt Group reported a 31% year-over-year increase in total sales revenue to 99.6 million PLN for H1 2024, fueled by strong back-catalogue sales and Witcher franchise performance.
Net profit after tax fell to 29.3 million PLN, impacted by higher tax liabilities and a 24 million PLN increase in deferred tax adjustments.
EBIT contracted significantly to 97.9 million PLN, down from 140.2 million PLN in the same period last year, due to rising operating costs and R&D investments.
Total operating expenses increased to 120.1 million PLN, driven by a surge in research and development expenditures totaling 45.9 million PLN alongside 52.9 million PLN in depreciation.
Despite higher costs, gross profit on sales improved to 218.0 million PLN, even as the cost of sales rose 16% to 170.0 million PLN.
The company maintains a stable capital structure with 1.37 billion PLN in cash, deposits, and bonds as of June 2024, supporting ongoing projects including Polaris, Orion, Sirius, and Hadar.
CD Projekt Group reported a 31% year-over-year increase in total sales revenue to 99.6 million PLN for H1 2024, fueled by strong back-catalogue sales and Witcher franchise performance.
Net profit after tax fell to 29.3 million PLN, impacted by higher tax liabilities and a 24 million PLN increase in deferred tax adjustments.
EBIT contracted significantly to 97.9 million PLN, down from 140.2 million PLN in the same period last year, due to rising operating costs and R&D investments.
Total operating expenses increased to 120.1 million PLN, driven by a surge in research and development expenditures totaling 45.9 million PLN alongside 52.9 million PLN in depreciation.
Despite higher costs, gross profit on sales improved to 218.0 million PLN, even as the cost of sales rose 16% to 170.0 million PLN.
The company maintains a stable capital structure with 1.37 billion PLN in cash, deposits, and bonds as of June 2024, supporting ongoing projects including Polaris, Orion, Sirius, and Hadar.