Witcher 3 helps drive revenue up 12.5% at CD Projekt

Witcher 3 helps drive revenue up 12.5% at CD Projekt

Polish games firm CD Projekt has reported a 12.5 per cent increase in sales revenue for the three months ending September 30th, 2020.

In its financial report for the period, the company said it clocked in zł104.5m ($27.8m) in sales revenue, an increase of zł92.9m ($24.7m) on the previous years. In a video on YouTube, CFO Piotr Nielubowicz (pictured) said that CD Projekt's last quarter was "underpinned" by The Witcher 3, with sales of 2015's Wild Hunt accounting for "the bulk" of the Polish firm's revenue.

The firm also reported a development spend of zł50m during the last quarter, the bulk of which will no doubt be on Cyberpunk 2077. CD Projekt also reported that its GOG store made zł5.282m ($1.4m) in "future period sales," mostly from pre-orders for Cyberpunk 2077. Given that 100 per cent of revenue from sales of this game on GOG go back to CD Projekt, that means that – at a $59.99 RRP – customers placed around 23,400 pre-orders for the eagerly-anticipated via GOG between July and September.

Oh, and speaking of Cyberpunk 2077, CD Projekt emphasised the December 10th release date in its financials, likely to give investors confidence after the game's numerous delays.

PCGamesInsider Contributing Editor

Alex Calvin is a freelance journalist who writes about the business of games. He started out at UK trade paper MCV in 2013 and left as deputy editor over three years later. In June 2017, he joined Steel Media as the editor for new site In October 2019 he left this full-time position at the company but still contributes to the site on a daily basis. He has also written for, VGC, Games London, The Observer/Guardian and Esquire UK.