Condensed Interim Consolidated Financial Statements of the CD PROJEKT RED Group: H1 2026

The CD PROJEKT RED Group demonstrated robust financial growth during the first half of 2026, characterized by a significant increase in net profit to 249.1 million PLN, up from 180.7 million PLN in the corresponding period of 2025. This performance was underpinned by total sales revenue of 435.3 million PLN, driven by strong digital game sales and a notable rise in intellectual property licensing revenue. Total assets expanded to approximately 3.79 billion PLN, supported by substantial ongoing investment in development projects and property acquisitions. The organization maintains a stable financial position, operating under a going concern assumption with no identified threats to its business continuity over the next twelve months.

Strategic shifts during this period included the formal divestment of GOG sp. z o.o., which generated 90.7 million PLN in proceeds, and a corporate rebranding to CD PROJEKT RED S.A., effective August 2026. The financial statements reflect restated 2025 comparative data, primarily due to adjustments in withholding tax accounting and the reclassification of GOG operations as discontinued. Furthermore, the Group continues to optimize its tax position through R&D tax reliefs and the IP Box scheme, while managing a diversified portfolio of financial assets, including domestic and foreign bonds.

The Group’s capital structure remains stable, with share capital at 99.91 million PLN and a focus on long-term value creation through incentive programs. While the company maintains active share-based incentive plans, it recently reversed 11.07 million PLN in costs associated with a long-term plan after determining that specific earnings-related conditions were unlikely to be met. Despite global geopolitical volatility, the Group reports no material impact on its operations, maintaining a consistent and transparent approach to financial reporting in accordance with IFRS standards.