CD Projekt H1 2025 Earnings Report

Key insights

6 takeaways

01
CD Projekt reported H1 2025 consolidated revenues of 443 million PLN and a net profit of 155 million PLN, driven by the Cyberpunk 2077 franchise.See it on page 2
02
The company invested over 240 million PLN in development expenditures during H1 2025, marking the transition of the Cyberpunk 2 project into preproduction.See it on page 2
03
The Witcher 3: Wild Hunt surpassed 60 million units sold, while the Phantom Liberty expansion reached 10 million units sold.See it on page 2
04
Cyberpunk 2077 expanded its platform reach in 2025 by launching on Nintendo Switch 2 and Apple Silicon-based Mac devices, alongside its addition to the PlayStation Plus catalog.See it on page 1
05
CD Projekt is collaborating with Epic Games to develop Unreal Engine 5, with a tech demo for the next Witcher title showcased at the State of Unreal 2025.See it on page 1
06
The studio is expanding its multimedia footprint by producing a second season of the Cyberpunk: Edgerunners anime in partnership with Studio TRIGGER.See it on page 1

Summary

CD PROJEKT demonstrated sustained financial stability and strategic expansion during the first half of 2025, reporting consolidated revenues of 443 million PLN and a net profit of 155 million PLN. These results were primarily driven by the continued commercial performance of the Cyberpunk 2077 franchise and its Phantom Liberty expansion. The company maintained a high level of investment in future growth, allocating over 240 million PLN toward development expenditures during this period, including the transition of the Cyberpunk 2 project into its preproduction phase.

The company’s operational strategy focused on broadening the reach of its existing intellectual property through platform diversification and long-term brand engagement. Cyberpunk 2077 achieved significant milestones by launching on the Nintendo Switch 2 and Apple Silicon-based Mac devices, alongside its inclusion in the PlayStation Plus catalog. Simultaneously, the studio reinforced its commitment to multimedia expansion by announcing a second season of the Cyberpunk: Edgerunners anime series in collaboration with Studio TRIGGER.

Technological advancement remains a core pillar of the company’s long-term roadmap, highlighted by a collaborative tech demo of the next Witcher title presented at the State of Unreal 2025 event. By partnering with Epic Games to actively contribute to the development of Unreal Engine 5, the studio aims to enhance the interactivity and immersion of its future open-world titles. These efforts complement the enduring legacy of the company’s established catalog, as evidenced by The Witcher 3: Wild Hunt surpassing 60 million units sold upon its tenth anniversary, while the Phantom Liberty expansion reached 10 million units sold.