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Cyberpunk 2077 cover

Cyberpunk 2077

GameBy CD Projekt RED · Released Dec 10, 2020

Documents about Cyberpunk 2077

Cover of CD Projekt RED: H1 2026 Earnings Release
Financial report2 pages

CD Projekt RED: H1 2026 Earnings Release

CD PROJEKT RED demonstrated strong financial growth and strategic momentum during the first half of 2026, driven by the sustained popularity of its core intellectual properties.

  • CD Projekt RED reported 435 million PLN in revenue and 249 million PLN in net profit for H1 2026, marking year-over-year increases of 23% and 37% respectively.
  • The company achieved a high net profitability margin of 57.2%, supported by consistent game sales and an expanded IP licensing strategy.
  • The Witcher franchise roadmap includes the September 2026 release of The Witcher 3: Wild Hunt – Remastered, the 2027 expansion Songs of the Past, and The Witcher 4 in 2028.
CD ProjektSep 2026
Cover of Earnings Call: First Half 2026
Financial report9 pages

Earnings Call: First Half 2026

CD PROJEKT RED’s first-half 2026 earnings report highlights a period of strong financial performance and strategic expansion across its two core franchises, Cyberpunk and The Witcher.

  • CD PROJEKT RED reported strong H1 2026 financial growth, with revenue reaching 435 million zloty (up 23% YoY) and net profit hitting 250 million zloty (up 37% YoY).
  • The company’s core franchises continue to drive long-term sales, with Cyberpunk 2077 surpassing 40 million units and The Witcher 3: Wild Hunt exceeding 65 million units sold.
  • The development pipeline is set for the next three years, featuring The Witcher 3: Remastered in September 2026, the 'Songs of the Past' expansion in 2027, and The Witcher 4 in 2028.
CD ProjektSep 2026
Cover of H1 2026 Earnings Presentation
Financial report25 pages

H1 2026 Earnings Presentation

The CD PROJEKT RED Group H1 2026 earnings presentation outlines a period of strong financial performance and strategic expansion for its two core intellectual properties, Cyberpunk and The Witcher.

  • CD PROJEKT RED reported a net profit of 249 million PLN for H1 2026, marking a 37% increase over the same period in 2025.
  • Total sales revenue grew 23% year-over-year to 435 million PLN, driven by a 911% surge in IP licensing revenue.
  • The Witcher franchise has reached 90 million total units sold, while the Cyberpunk 2077 franchise has hit 40 million copies sold with 15 million units for the Phantom Liberty expansion.
CD ProjektSep 2026
Cover of Management Board Report on the Activities of the CD PROJEKT RED Group: H1 2026
Financial report44 pages

Management Board Report on the Activities of the CD PROJEKT RED Group: H1 2026

The CD PROJEKT RED Group demonstrated robust financial health and operational momentum during the first half of 2026, characterized by a net profit of 249.1 million PLN, marking a 37.8% increase over the previous year.

  • CD PROJEKT RED Group reported a net profit of 249.1 million PLN for H1 2026, representing a 37.8% year-over-year increase on 435 million PLN in consolidated sales revenue.
  • The company maintains a debt-free capital structure with 1.28 billion PLN in liquid reserves, providing full self-funding capabilities for the development of The Witcher 4 and Cyberpunk 2.
  • The Witcher 3 has reached a milestone of 65 million cumulative copies sold, while the Cyberpunk franchise continues to generate revenue through a new trading card game and a PS5 Pro edition.
CD ProjektSep 2026
Cover of CD Projekt Q1 2026 Earnings Results
Financial report2 pages

CD Projekt Q1 2026 Earnings Results

CD PROJEKT’s first-quarter results for 2026 demonstrate sustained financial growth and a strategic focus on expanding its core intellectual properties.

  • CD Projekt reported Q1 2026 revenue of 191 million PLN, a 6% year-over-year increase, with consolidated net earnings of 106 million PLN.
  • The Cyberpunk Trading Card Game, developed with WeirdCo, raised 28 million USD on Kickstarter, becoming the most-funded game campaign in the platform's history.
  • The Witcher 3: Wild Hunt has reached 65 million cumulative units sold, with a third expansion titled 'Songs of the Past' currently in development with Fool's Theory for a 2027 release.
CD ProjektMay 2026
Cover of CD PROJEKT Group: FY 2025 Earnings Presentation
Financial report24 pages

CD PROJEKT Group: FY 2025 Earnings Presentation

The CD PROJEKT Group fiscal year 2025 earnings presentation outlines the company’s financial performance, franchise development, and operational scaling.

  • CD PROJEKT Group reported a 2025 net profit of 594.7 million PLN, a 34% year-over-year increase, with a net profitability margin of 60.1%.
  • Total sales revenue grew by 9% to 866.9 million PLN, with the Cyberpunk IP serving as the primary driver at 671.9 million PLN, up 12% from the previous year.
  • Capitalized development expenditures rose by 65%, fueling a workforce expansion from 707 developers in early 2025 to 933 by February 2026.
CD ProjektMar 2026
Cover of CD PROJEKT Group FY 2025 Earnings Results
Financial report2 pages

CD PROJEKT Group FY 2025 Earnings Results

The CD PROJEKT Group achieved strong financial results in 2025, recording 867 million PLN in sales revenue and a consolidated net profit of 595 million PLN.

  • CD PROJEKT Group recorded 867 million PLN in sales revenue and 595 million PLN in net profit for 2025, marking its second-best financial year with a 9% year-on-year revenue growth.
  • The company maintains a strong liquidity position of over 1.3 billion PLN in cash, bank deposits, and treasury bonds, supporting ongoing development despite aggressive capital allocation.
  • CD PROJEKT RED’s net earnings from continuing activities grew by 18% to 521 million PLN, driven by the sustained performance of The Witcher and Cyberpunk 2077 franchises.
CD ProjektMar 2026
Cover of Management Board Report on CD PROJEKT Group Activities in 2025
Financial report154 pages

Management Board Report on CD PROJEKT Group Activities in 2025

The 2025 Management Board Report details a pivotal year for the CD PROJEKT Group, characterized by a strategic narrowing of focus toward its core AAA development operations.

  • CD PROJEKT Group divested its GOG.com segment in 2025 to focus exclusively on its internal AAA development pipeline, including the new Witcher saga, Cyberpunk 2, and the Hadar IP.
  • The company reported a net profit of PLN 594.7 million for 2025 and ended the year debt-free with cash reserves exceeding PLN 1.3 billion.
  • Strong operating cash flows from The Witcher 3 and Cyberpunk 2077 enabled the company to internally fund its R&D-heavy development cycle and distribute dividends.
CD ProjektMar 2026
Cover of Separate Financial Statements of CD PROJEKT S.A. for 2025
Financial report86 pages

Separate Financial Statements of CD PROJEKT S.A. for 2025

CD PROJEKT S.A. demonstrated robust financial performance throughout the 2025 fiscal year, characterized by significant growth in profitability and a strengthened balance sheet.

  • CD PROJEKT S.A. reported a net profit of 635.2 million PLN for 2025, a significant increase from the restated 445.1 million PLN in 2024.
  • The company maintains a debt-free status, relying entirely on internal reserves to fund operations and development rather than external interest-bearing loans or bonds.
  • Research and development investment totaled 504.6 million PLN in 2025, supported by the company’s status as a certified R&D center and the application of preferential IP Box tax rates.
CD ProjektMar 2026
Cover of CD PROJEKT Group Q3 2025 Earnings Transcript
Financial report8 pages

CD PROJEKT Group Q3 2025 Earnings Transcript

CD PROJEKT Group’s financial results for the third quarter of 2025 demonstrate strong growth, driven by the continued commercial success of the Cyberpunk franchise and strategic licensing agreements.

  • CD PROJEKT Group reported Q3 2025 revenue of 350 million zloty, a 53% year-over-year increase, with net profit rising 150% to 193 million zloty.
  • The company holds 1.4 billion zloty in cash and liquid assets, with over 1 billion zloty currently allocated to active development projects.
  • The Witcher 4 is currently in full-scale production, while the next Cyberpunk title has entered the pre-production phase.
CD ProjektNov 2025
Cover of CD PROJEKT Group Q3 2025 Earnings Presentation
Financial report16 pages

CD PROJEKT Group Q3 2025 Earnings Presentation

The CD PROJEKT Group Q3 2025 earnings presentation details the company’s financial performance and operational scaling, primarily driven by the ongoing development of its major intellectual properties.

  • CD PROJEKT Group reported a 148% year-over-year increase in Q3 2025 net profit to 193.5 million PLN, driven by 349 million PLN in total quarterly revenue.
  • Cyberpunk 2077 and its expansion remain the primary revenue drivers, generating 252.7 million PLN in Q3 2025, while revenue from The Witcher series declined by 52% compared to the previous year.
  • The company has invested over 1 billion PLN in capitalized development expenditures for new projects as of the end of Q3 2025.
CD ProjektNov 2025
Cover of CD PROJEKT Group Condensed Interim Consolidated Financial Statements: Q3 2025
Financial report112 pages

CD PROJEKT Group Condensed Interim Consolidated Financial Statements: Q3 2025

The CD PROJEKT Group demonstrated robust financial growth during the first nine months of 2025, characterized by a significant increase in profitability and a strengthened balance sheet.

  • CD PROJEKT Group reported a net profit of 348.4 million PLN for the first nine months of 2025, a significant increase from the 248.2 million PLN recorded during the same period in 2024.
  • Total sales revenue for the nine-month period reached 792.1 million PLN, driven primarily by the continued commercial performance of the Cyberpunk 2077 franchise and the GOG.COM segment.
  • The Group maintains a strong liquidity position with 1.51 billion PLN in cash, deposits, and Treasury bonds, against total assets of approximately 3.3 billion PLN.
CD ProjektNov 2025