Next-gen Cyberpunk 2077 doubles CD Projekt's Q1 profits (2024)

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PlayStation version accounted for majority of post-update sales, studio now primarily focused on story expansion

The recovery of Cyberpunk 2077 continues as CD Projekt reveals the release of the next-gen version resulted in a profit surge during the first quarter of this year.

The Polish games firm released its financial results for the three months ended March 31, 2022 last night. Here's what you need to know:

The numbers

Revenue: 216.1 million PLN ($50.4 million) up 9% year-on-year

  • CD Projekt Red revenues: 179.3 million PLN ($41.8 million)
  • GOG revenues: 40.4 million PLN ($9.4 million)

Operating costs: 83.2 million PLN ($19.4 million), down 10%

Earnings before interest and tax: 85.3 million PLN ($19.9 million), up 98%

Net Profit: 68.9 million PLN ($16.1 million) - more than double the net profit of Q1 2021, up 112%

Net Profitability: 31.9%, up from 16.4%

The highlights

The biggest event for the CD Projekt Group was the launch of Cyberpunk 2077 on PlayStation 5 and Xbox Series X|S, as well as a major update for all platforms.

CEO Adam Kiciński said the launch "had a positive effect on the game's perception and sales figures, especially on consoles," with the game accounting for the majority of the company's Q1 revenues.

In a presentation for investors, a graph showed that between January 1 and February 14 (the day before the next-gen update went live), the vast majority of Cyberpunk sales were on PC. Between February 15 and March 31, total sales of the game more than doubled, with the majority being on PlayStation and a significant portion being on Xbox. PC sales remained largely flat.

It's a long-awaited boost for a game that has been beset by troubles since launch. The next-gen versions were originally due to be released last year, but were delayed to Q1 2022.

With the enhanced version of Cyberpunk 2077 now in the wild, Kiciński says the "bulk of our development capacity is currently dedicated to the major story-driven expansion", which is due for release next year.

The company reiterated that its CD Projekt Red development studio is also working on a new entry in The Witcher series, which will be the first of the company's games to be built with Unreal Engine 5.

A next-gen update for The Witcher 3 is due in the second half of the year, and a 'complete edition' is in the works that will feature both expansions and new DLC inspired by the live-action Netflix series.

Next-gen Cyberpunk 2077 doubles CD Projekt's Q1 profits (2024)

FAQs

How much money did CD Projekt Red make from Cyberpunk? ›

In 2022, CD Projekt Group generated over 213.5 million U.S. dollars in revenue (952.6 million zloty). The revenues in 2020 are a result of the Cyberpunk 2077 game being released in December 2020.

Is Cyberpunk a financial success? ›

Game sales and other data

Cyberpunk 2077, which gained a second wind after the release of several updates and the Edgerunners anime series, remained CD Projekt's highest-grossing product in 2022. Its sales were up 18% year-over-year.

Did CD Project Red lose money with Cyberpunk 2077? ›

CD Projekt Red lost about 75% of its market value after Cyberpunk 2077. According to Polish Business Insider, the company's stock value fell by more than 75% after the game was launched. The company had a value of around 40 billion Polish Zloty before the release of Cyberpunk 2077.

Is it worth starting Cyberpunk 2077 again? ›

With tons of free content, patches, and a handful of quests, the game is packed with content. Cyberpunk 2077 is worth playing in 2023 if players know what they are in for. The main story lasts for about 25 hours and players looking to experience all the side content will have to set aside 50-60 hours of their time.

How much did cyberpunk lose in money? ›

Losses of over $51 million due to Cyberpunk's botched launch might sound significant. But that number has to be taken against the rest of the company's record-shattering performance last year.

Who is the richest vendor in Cyberpunk 2077? ›

Cyberpunk 2077's Ripperdoc Viktor Has Made an Insane Amount of Money. Thanks to generous Cyberpunk 2077 players repaying their debts to Viktor, he is now one of the wealthiest Ripperdocs in Night City.

Has Cyberpunk turned a profit? ›

Nov 28 (Reuters) - Polish video game maker CD Projekt's (CDR. WA) third-quarter net profit jumped more than 500%, topping expectations, helped by sales of its flagship Cyberpunk 2077 game.

What mission gives the most money in Cyberpunk 2077? ›

Earn easy money from Side Jobs and Gigs

The biggest money earner in Cyberpunk 2077! Side jobs are basically side quests that are quite long and have amazing payouts and they are interwoven into characters from the main story so you will get to know them even better.

What is the highest grossing video game of all time? ›

10 Highest-Grossing Video Game Movies Of All Time, Ranked
  1. 1 The Super Mario Bros. Movie (2023) - $440 million+
  2. 2 Warcraft (2016) - $438,899,824. ...
  3. 3 Pokémon: Detective Pikachu (2019) - $429,061,724. ...
  4. 4 Rampage (2018) - $427,947,217. ...
  5. 5 Sonic The Hedgehog 2 (2022) - $405,421,518. ...
  6. 6 Uncharted (2022) - $400,689,914. ...
2 days ago

Is CD Projekt Red abandoning REDengine? ›

Cyberpunk 2077 used REDengine 4, which supported ray-traced global illumination and other effects. In March 2022, CD Projekt announced a partnership with Epic Games after retiring REDengine to use Unreal Engine 5.

Did CDPR lose the lawsuit? ›

The class action lawsuit that was filed against CD Projekt RED for the disastrous launch state of its mega-selling RPG Cyberpunk 2077 has been settled for $1.85 million USD.

Did CD Projekt Red lose the lawsuit? ›

CD Projekt Red has settled an investor lawsuit against the studio for launching Cyberpunk 2077 in a rocky state. A lawsuit filed against studio CD Projekt Red by disgruntled investors, spurned by the rocky launch of Cyberpunk 2077, has been settled with a significant payment of US $1.85 million in damages.

Should I pay twice Cyberpunk? ›

You can pay with your own money, but this is the worst option. It's unlikely you'll have 10,000 Eurodollars on you at this point, unless you've been completing lots of side quests, and the robot has already been paid for, so there's no sense in paying twice with your own cash.

Is Cyberpunk 2027 worth it? ›

There's a lot of variety to how you build your character and use your skills to tackle the challenges around Night City. The plot is interesting, the graphics are appealing, and the gameplay is fun. If you're interested, it's worth a try.

Will Cyberpunk overwrite if I start a new game? ›

When starting a New Game, the chapter progress will be overwritten, as well as unlocked perks. Starting a New Game does not delete Collectibles or Settings.

Is Cyberpunk 2077 successful now? ›

Cyberpunk 2077 had a rough launch in December 2020 but it has rebounded significantly since then, going on to sell more than 20 million copies.

Will CDPR stock recover? ›

CDPR might never recover from the failure that was Cyberpunk 2077. A new report by Business Insider Poland suggests that the company has lost 75% of its value since the launch of the game back in 2020.

Is Cyberpunk 2077 being sued? ›

A settlement for $1.85 million has been reached for a class action lawsuit over Cyberpunk 2077. Originally received two years ago and filed in California, the suit alleged that CD Projekt Red misled investors about the state of the RPG on Xbox One and PlayStation 4 consoles.

What is the most powerful corporation in Cyberpunk 2077? ›

1 Arasaka Corporation

The infamous Arasaka Corporation remains the most powerful entity in Night City.

What is the most powerful organization in Cyberpunk? ›

The Arasaka Corporation maintains one of the largest and most powerful armed forces of any corporation in the world. Arasaka guards or troops are renowned worldwide and feared by many. Most firms will look to licensing from Arasaka corporate security guards, couriers, or mercenaries to protect their assets.

What is the most expensive house in Cyberpunk 2077? ›

The cheapest apartment comes in at $5,000 while the most expensive is an impressive $55,000. Each apartment comes with a few interactive features added to immerse the player into the world of Night City. These range from playing on a guitar to lighting some incense.

Was Cyberpunk 2077 crowd funded? ›

CMON has a long history with crowdfunding, and with Kickstarter in particular. Cyberpunk 2077: Gangs of Night City is the company's 51st campaign on that platform, and when it's over it will have raised more than $240,000 from over 3,000 backers — easily surpassing its $100,000 crowdfunding goal.

How much did Keanu Reeves get paid for Cyberpunk? ›

According to reports, Keanu Reeves earned a whopping $30 million for his role in the upcoming game Cyberpunk 2077. The game, which is set in a dark future world where technology has taken over, has been in development for years and is one of the most highly anticipated games of 2020.

How much money did it cost to make Cyberpunk 2077? ›

It cost $174m to make Cyberpunk 2077.

Is there a money cheat for Cyberpunk? ›

Money cheats

The easiest thing you can do is add more money to your inventory. To do so, enter the following command: Game.AddToInventory(“Items.money”,1000). Ignore the period. This command will give you 1,000 eddies, but you can swap the number out with whatever you want.

How do you make crazy money in Cyberpunk? ›

How to make money fast in Cyberpunk 2077
  1. Loot 'em all.
  2. Take on side jobs.
  3. Hack like a pro.
  4. Sell epic crafting components.
Oct 4, 2022

What are the top 5 grossing video games of all time? ›

12 Best-Selling Video Games Of All Time
  1. 1 Tetris (520 Million Copies)
  2. 2 Minecraft (238 Million Copies) ...
  3. 3 Grand Theft Auto V (170 Million Copies) ...
  4. 4 Wii Sports (83 Million Copies) ...
  5. 5 PUBG: Battlegrounds (75 Million Copies) ...
  6. 6 Overwatch (50 Million Copies) ...
  7. 7 Mario Kart 8 Deluxe (48 Million Copies) ...
Jan 10, 2023

How much did CDPR lose on Cyberpunk? ›

CD Projekt's share value has reportedly plummeted 75 percent post-Cyberpunk 2077. But it's not quite CD Projekt In-the-Red just yet. CD Projekt - the publisher behind studio CD Projekt Red, developer of The Witcher games and, of course, Cyberpunk 2077 - has seen its share value plummet by over 75 percent.

Is CD Projekt Red worth more than Ubisoft? ›

As reported by Video Games Chronicle, CD Projekt's market capital has risen to $8.13 billion, just surpassing Ubisoft's current market valuation of $8.12 billion. This officially makes it the most valuable video game company in Europe, at least for the time being.

Who left CD Projekt Red Developers? ›

CD Projekt Red has lost another veteran developer who spent almost 15 years at the company. Cyberpunk 2077 production director Jędrzej Mróz announced his departure in pursuit of something new. He shared the news on his official LinkedIn page, saying that it was a "spectacular" experience working with his team.

How much money did Cyberpunk 2077 make? ›

For the quarter that ended on September 30, the company brought in 245.5 million PLN ($54.2 million) in revenue and a profit of 98.7 million PLN ($21.8 million). According to VGC, chief financial officer Piotr Nielubowicz said Cyberpunk 2077's "strong sales" drove the uptick in revenue to new heights for the company.

How much money earned by Cyberpunk 2077? ›

In that same earnings call reported by GamesIndustry.biz, CD Projekt Red revealed it sold 13.7 million copies of Cyberpunk 2077 through 2020, essentially the first three weeks of the game's life. As the game retailed for $59.99 at launch, that calculates to over $800 million in revenue.

How much did Keanu make from cyberpunk? ›

According to reports, Keanu Reeves earned a whopping $30 million for his role in the upcoming game Cyberpunk 2077.

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