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Market analysts surprised by CD Projekt RED's report - The Witcher and Cyberpunk 2077 creators have a new source of income

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CD Projekt RED recently published a financial report that surprised market representatives and analysts. In the second quarter, the company exceeded expectations: sales revenue amounted to approximately 244 million Polish zlotys (about $66 million), which is 13% more than the result for the same period last year. The declared net profit was 142.9 million zlotys ($38.5 million) — a 107% increase compared to last year.

Overall, for the first half of the year, CD Projekt RED's revenue amounted to 435.3 million zlotys (a 23% increase; about $117 million), and net profit exceeded 249 million zlotys (a 37% increase; $67 million).

Analysts noted that the key surprise for them was the revenue from licensing intellectual property (franchises). Grzegorz Balcerski from Trigon stated that receiving almost 100 million zlotys (almost $27 million) in six months significantly reduces the importance of The Witcher 4's delay in the short term.

Earlier, CD Projekt RED announced that The Witcher 4 would be released in 2028, although many assumed that the release could take place in 2027.

Image source: CD Projekt RED

Currently, CD Projekt RED is preparing for the release of The Witcher 3: Wild Hunt remaster — it is planned to be released on September 29 of this year. The release of the story expansion Songs of the Past is scheduled for 2027.