
CD Projekt RED Announces Q1 2025 Financial Results and Exciting Game Updates
On this day, CD Projekt RED has published its financial report for Q1 2025, providing insights into the company’s performance, which includes the sales of existing titles and the development of upcoming games such as Cyberpunk 2.
Cyberpunk 2 Enters Pre-Production
The highly anticipated sequel to Cyberpunk 2077, originally designated as Project Orion, has begun the pre-production stage at CD Projekt’s North American office located in Boston. This development marks a significant milestone as fans eagerly await further details about the future of the Cyberpunk franchise. Also noteworthy is the expansion pack Phantom Liberty for Cyberpunk 2077, which has successfully reached over 10 million units sold since its launch in September 2023. This impressive sales figure underscores the sustained enthusiasm for the Cyberpunk series among gamers.
The Witcher Franchise Celebrates a Milestone
Another significant highlight of the report pertains to The Witcher franchise, particularly The Witcher 3: Wild Hunt, which recently celebrated its tenth anniversary. The game has achieved remarkable success, surpassing 60 million copies sold worldwide. This feat has earned it a distinguished position among the top-selling video games of all time. In total, sales from The Witcher 3 and its expansions have generated more than 2.4 billion PLN over the past decade, reinforcing the game’s popularity and legacy.
Financial Overview and Workforce Updates
In terms of financial performance, CD Projekt RED reported consolidated sales of 226 million PLN in the first quarter of the year, primarily driven by strong Cyberpunk sales and the Phantom Liberty expansion. The company recorded a net profit of 86 million PLN during this period.
The studio also shared updates on its workforce, which has expanded from 707 to 730 employees over the last quarter. Current development teams are allocated as follows:
- The Witcher 4: 422 developers (+11)
- Cyberpunk 2: 96 developers (+12)
- Project Sirius (multiplayer spin-off): 48 developers (-1)
- Project Hadar (new IP): 19 developers (+2)
- Shared services: 131 developers (+7)
- Other projects: 14 developers (-8)
Looking Ahead
The Witcher 4, which entered pre-production in May 2022, has transitioned to full production recently. Based on the current development timeline, Cyberpunk 2 is estimated to reach full production by late 2027. In addition, Mike Pondsmith, the creator of the Cyberpunk setting, has hinted that the sequel will not only feature the familiar Night City but also introduce an intriguing backdrop of ‘Chicago gone wrong.’
In conclusion, CD Projekt RED’s first-quarter financial report reflects the company’s robust performance and ongoing commitment to its beloved franchises. As new developments unfold, fans remain excited about future titles and expansions that promise to elevate the gaming experience.
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