CD Projekt Red Reports a 37% Increase in First‑Half 2026 Profitability

During the first half of 2026, CD Projekt Red posted revenue of $116.5 million (approximately 435 million PLN), representing a 23 percent rise compared with the same period a year earlier. The company’s bottom line improved even more dramatically, with net profit climbing 37 percent to $66.7 million (about 249 million PLN) and delivering an impressive net profit margin of 57.2 percent. Looking ahead, CD Projekt Red unveiled a three‑year roadmap for the Witcher franchise.

Central to this plan 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 Nintendo Switch 2 hardware.

Existing owners of the original game will receive the remaster at no extra charge, and the package will bundle both of the previously released expansions, ensuring a complete experience for newcomers and veterans alike. In addition to the console rollout, CD Projekt Red announced a strategic partnership with Blizzard Entertainment. Through this collaboration, the Remastered version and the forthcoming expansion titled Songs of the Past will be distributed via Blizzard’s Battle.net platform, extending the game’s reach to a broader audience of PC gamers.

The Witcher 3: Wild Hunt continues to be a commercial juggernaut. To date, it has sold more than 65 million copies worldwide, and the broader Witcher series has now surpassed the 90 million‑unit threshold.

These figures underscore the enduring popularity of Andrzej Sapkowski’s fantasy universe and the studio’s ability to keep the franchise fresh through updates, expansions, and cross‑media ventures. Meanwhile, CD Projekt Red’s other flagship title, Cyberpunk 2077, has also achieved significant milestones. The game has crossed the 40 million‑copy sales mark, while its major expansion, Phantom Liberty, has sold 15 million units in less than three years since its release.

The Cyberpunk brand has been further amplified this year through appearances in other popular games such as Wuthering Waves and Apex Legends, and a Cyberpunk‑themed trading‑card game recently became the most‑funded Kickstarter project in the platform’s history, reflecting strong community enthusiasm. On the television front, the animated series Cyberpunk: Edgerunners 2, co‑produced with Studio Trigger, is slated to debut on Netflix on October 20. The continuation of the series is expected to drive additional interest in the Cyberpunk universe and generate licensing revenue, a segment that CFO Piotr Nielubowicz highlighted as increasingly vital to the company’s financial performance. Financially, the first quarter of 2026 showed a modest 6 percent rise in total revenue, reaching $52.5 million (191 million PLN).

This uptick was reported alongside the announcement of the third expansion for the 2015‑era Witcher 3, signaling that the studio continues to extract value from its legacy titles while developing new content. In a corporate branding move, the parent publishing house CD Projekt announced in June that it would rebrand itself as CD Projekt Red, aligning the corporate identity more closely with its flagship development studio and reinforcing the brand’s recognition among gamers and investors alike. Overall, CD Projekt Red’s financial results illustrate a robust business model that leverages a combination of new releases, remastered editions, strategic partnerships, and multimedia extensions. By capitalising on the lasting appeal of both The Witcher and Cyberpunk franchises, the company has managed to boost profitability while expanding its presence across multiple platforms and entertainment formats.

The focus on licensing, cross‑platform distribution, and community‑driven projects such as the record‑breaking Kickstarter card game suggests a diversified revenue stream that may help sustain growth beyond the current fiscal year. Looking forward, the upcoming Witcher 3 Remastered launch, the Battle.net partnership, and the release of Songs of the Past are poised to further stimulate sales. At the same time, the continued success of Cyberpunk 2077, the Phantom Liberty expansion, and the Netflix series promise to keep the Cyberpunk brand in the public eye, potentially unlocking new licensing deals and merchandising opportunities.

With a strong balance sheet, high profit margins, and a clear roadmap for its two flagship IPs, CD Projekt Red appears well‑positioned to maintain its upward trajectory in the competitive video‑game market.