CD Projekt Red’s latest earnings presentation paints a picture of a studio in aggressive expansion mode, balancing record profitability with the simultaneous development of multiple flagship titles. The company—best known for The Witcher series and Cyberpunk 2077—confirmed that 2025 was its second‑best financial year ever, driven by strong catalog sales and continued interest in its major franchises. According to the report, CDPR achieved 60% net profitability, a figure that places the studio among the most financially efficient AAA developers in the industry.
While the company did not disclose full revenue figures in the provided materials, CDPR’s historical earnings patterns suggest that a year of this profitability likely translates into tens of millions of USD in net income, reinforcing the studio’s financial stability as it scales its workforce to unprecedented levels.
Cyberpunk 2077 Sequel (Project Orion) Moves Into Pre‑Production
One of the most significant announcements came from CFO Piotr Nielubowicz, who confirmed that Project Orion—the sequel to Cyberpunk 2077—has officially moved out of the concept stage and into pre‑production. The project is being developed primarily by CDPR’s teams in Boston and Vancouver, with additional support from the studio’s Polish divisions.
This marks the first major milestone for the Cyberpunk franchise since the release of Phantom Liberty and the subsequent confirmation that no further expansions will be developed for Cyberpunk 2077. The shift to pre‑production signals that CDPR is now committing full resources to shaping the next chapter of Night City’s universe.
The company also highlighted the continued expansion of Cyberpunk 2077’s platform availability, including the Ultimate Edition’s release on Nintendo Switch 2 and macOS, further extending the game’s long‑tail revenue potential.
The Witcher 4 Surges to 499 Developers
If there was any doubt about CDPR’s priorities, the studio made it clear: The Witcher 4 (Project Polaris) is currently its largest undertaking. As of February 28, 2026, the game has 499 developers assigned—an enormous team by industry standards and a dramatic increase from the previous year.
Across all projects, CDPR’s total development staff has grown from 707 to 993, reflecting a near‑300‑person expansion as the studio prepares for its next generation of RPGs. Joint CEO Michał Nowakowski emphasized that the company intends to continue scaling, aiming to “attract the best talent in the industry” and maintain a safe, creative environment for developers.
The Witcher franchise remains a cornerstone of CDPR’s financial success. As of May 2025, the trilogy has sold 85 million copies, with The Witcher 3: Wild Hunt accounting for 60 million of those sales—numbers that continue to drive strong catalog revenue year after year.
Project Hadar Reaches Concept Phase
Beyond its established franchises, CD Projekt Red also provided a rare update on Project Hadar, its first wholly original IP. Nielubowicz confirmed that the project has entered the concept phase, marking the first concrete step toward a new universe developed entirely in‑house.
This milestone follows years of internal world‑building and early ideation. While details remain tightly guarded, the confirmation signals that CDPR is preparing to diversify its portfolio beyond its two flagship franchises.
A Studio Entering Its Most Ambitious Era
Taken together, CD Projekt Red’s earnings and development updates reveal a studio operating at its highest level of ambition since the launch of The Witcher 3. With nearly 1,000 developers, multiple AAA projects in parallel, and strong financial footing, the company is positioning itself for a new era defined by:
- A fully mobilized team for The Witcher 4
- A Cyberpunk sequel officially in pre‑production
- A brand‑new IP moving into conceptual development
- Continued profitability and global expansion
For fans of CDPR’s worlds, the message is clear: the next decade of storytelling is already taking shape—and it’s bigger than anything the studio has attempted before.
