CD Projekt Red Reports a 37% Increase in First-Half 2026 Profit

During the first six months of 2026, CD Projekt Red posted revenue of $116.5 million (approximately 435 million PLN), marking a 23% rise compared with the same period a year earlier. The company’s net profit also saw a substantial jump, climbing 37% to $66.7 million (about 249 million PLN), which pushed its net profit margin to an impressive 57.2%. Looking ahead, CD Projekt Red unveiled an ambitious three‑year rollout plan for The Witcher franchise.

Central to this schedule is the launch of The Witcher 3: Wild Hunt – Remastered, scheduled for September 29. The updated edition will be available on PC, PlayStation 5, Xbox Series X|S, and, for the first time, will run natively on the upcoming Switch 2 hardware. Existing owners of the original game will receive the remaster at no extra cost, and the package will bundle both of the original expansions, ensuring a complete experience for newcomers and veterans alike. In addition to the console releases, CD Projekt Red announced a strategic partnership with Blizzard Entertainment.

Through this collaboration, the Remastered version of The Witcher 3 and the forthcoming expansion titled Songs of the Past will be distributed via Blizzard’s Battle.net platform, expanding the game’s reach to a broader audience of PC gamers. The commercial performance of The Witcher 3 continues to be a cornerstone of the studio’s success. To date, the title has sold more than 65 million copies worldwide, and the broader Witcher series now tops 90 million units sold across all entries.

These figures underscore the enduring popularity of the franchise and its ability to attract new players long after its initial release. On the cyber‑punk front, Cyberpunk 2077 has also demonstrated strong sales momentum, crossing the 40 million‑copy threshold. Its major expansion, Phantom Liberty, has moved 15 million units in less than three years, adding significant revenue and keeping the game relevant in a competitive market. The game’s intellectual property has further permeated other media this year, with references appearing in titles such as Wuthering Waves and Apex Legends.

Moreover, a Cyberpunk‑themed trading‑card game launched on Kickstarter and quickly became the platform’s most‑funded project, highlighting the brand’s broad cultural impact. Expanding the studio’s multimedia portfolio, the animated series Cyberpunk: Edgerunners 2, co‑produced with Studio Trigger, is slated to debut on Netflix on October 20. CFO Piotr Nielubowicz emphasized that licensing agreements are becoming an increasingly vital component of CD Projekt Red’s revenue mix, complementing the steady sales generated by its flagship franchises.

Earlier in the year, the company reported a modest 6% rise in total revenue for the first quarter, reaching $52.5 million (191 million PLN). This uptick coincided with the announcement of a third expansion for the 2015‑era Witcher 3, signaling continued investment in post‑launch content to sustain player engagement.

In June, the parent company CD Projekt announced a rebranding of its publishing arm, officially adopting the name CD Projekt Red. This change aims to unify the corporate identity under the well‑known brand associated with its most successful games. Overall, CD Projekt Red’s financial results reflect a robust combination of new releases, strategic partnerships, and ongoing support for existing titles.

The company’s focus on expanding its portfolio through remasters, expansions, and cross‑media projects—such as streaming series and collectible card games—demonstrates a diversified growth strategy. By leveraging both direct game sales and licensing opportunities, CD Projekt Red is positioning itself for sustained profitability and market relevance well beyond the 2026 fiscal year. The upcoming Remastered edition of The Witcher 3 is expected to rejuvenate interest in the classic RPG, attracting a new generation of players while rewarding long‑time fans with a free upgrade. The inclusion of the Songs of the Past expansion on Battle.net further broadens the game’s accessibility, tapping into Blizzard’s extensive user base.

Meanwhile, the continued success of Cyberpunk 2077 and its expansions, alongside the cultural spillover into other games and a record‑breaking Kickstarter campaign, illustrates the studio’s ability to cultivate a vibrant ecosystem around its IPs. Looking forward, the integration of licensing revenue—highlighted by the upcoming Netflix series and the partnership with Blizzard—suggests that CD Projekt Red will increasingly rely on ancillary streams to complement its core development activities. This balanced approach, combining strong product performance with strategic brand extensions, is likely to sustain the company’s impressive profit margins and solidify its standing as a leading developer in the global gaming industry.