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CD Projekt sales up 31% year-on-year

CD Projekt sales up 31% year-on-year

Polish games firm CD Projekt has reported a 30.7 per cent increase in net sales year-on-year. 

The firm brought in PLN424.8 million ($109 million) for the three months ending June 30th, while the company's profit shot up 88.7 per cent to PLN 170 million ($43 million). This is no doubt due to sales of Cyberpunk 2077 and its Phantom Liberty expansion – the latter was not out in the same quarter in 2023. 

CD Projekt joint CEO Michał Nowakowski also said that its new Witcher title – Polaris – is moving into production soon, while groundwork is being laid for its new Cyberpunk game, Orion. 

"In addition to strong financial results, which – in terms of net profit – outperformed the comparative period by nearly 90 per cent – in H1 2024 we also noted an increase in our financial reserves. Despite having paid out almost 100 million PLN in a dividend, and allocating over PLN150 million ($38.9 million) to new projects, our reserves nevertheless grew by more than PLN55 million ($14.3 million)," CD Projekt CFO Piotr Nielubowicz (pictured) said. 


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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 PCGamesInsider.biz. 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 GamesIndustry.biz, VGC, Games London, The Observer/Guardian and Esquire UK.