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CD Projekt Red triples profits from The Witcher 3 with the launch of Cyberpunk 2077: company announces record profits in 2020

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Cyberpunk 2077: update 1.3 and first free DLC unveiled, here are all the details

The launch of Cyberpunk 2077 can get all kinds of adjectives, but after hearing about the recent financial report from CD Projekt Red, a new qualifier joins the list: lucrative … a lot.

It is already known how the launch of Cyberpunk 2077 was, but there was still no first preview of what this premiere had meant for the coffers of CD Projekt Red. Well, it has not been so disastrous at a monetary level and that is, the earnings of the Polish company in 2020 have exceeded all expectations.

According to a report, CD Projekt Red’s 2020 earnings and preliminary profits have surpassed figures that go far beyond its tremendous success in 2015 with the launch of the award-winning The Witcher 3. Cyberpunk 2077’s hype anticipated a great year for the Poles, at least economically, but, once again, the forecasts have fallen short.

CD Projekt generated PLN 2.14 billion (approximately € 470 million) in consolidated sales revenue. This is a figure four times higher than in 2019 and more than two times higher than the company’s record registered in 2015 with the premiere of The Witcher 3: 798 million PLN (175 million euros).

In terms of net profits, the company recorded PLN 1.15 billion (€ 252 million), triple the record for that same 2015, which was set at PLN 342 million (€ 75 million). Niko Partners analyst Daniel Ahmad, known for his reporting within the industry, exemplified this data very well with a simple graph, which puts Cyberpunk 2077 in perspective.

However, despite these gains, now it’s time to wonder if CD Projekt Red will have an equally positive 2021. The launch of Cyberpunk 2077 may have been an economic bombshell, but it has also generated a lot of bad press for the studio and earned backlash from the consumer. Mass returns, withdrawal from the PlayStation Store, and all kinds of problems. Will this affect sales in 2021? Of course, it has already been communicated that CD Projekt will continue to support Cyberpunk 2077 for the next few years.

I enjoy playing games, and gaming is a passion of mine. Among my favorite games are Tears of the Kingdom, GTA, and Cyberpunk.

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