CD Projekt Red is worth $1 billion

That's a lot of Witcher 3 sales.


Disclosing its financial report for the first half of 2016, CD Projekt Red reported a market capitalization of over 3.92 billion zloty, or $1.341 USD (via Gamasutra).

"The Group’s sales revenues and net financial result were dominated by continuing high sales of The Witcher 3: Wild Hunt and by the global release of the game’s second expansion – Blood and Wine," the company said.

Geralt of Rivia carried CDP to financial glory, but has closed the loop on The Witcher 3 and the series as a whole. Fortunately, the forthcoming Game of the Year Edition should put a few more bucks in company coffers; and besides, CDP has plenty of ideas for how to stay profitable between now and the release of Cyberpunk 2077, its next blockbuster title.

Namely, CDP wants to integrate online services for games like Gwent for online features like cross-platform support, and distribute its games in China through Chinese publisher GAEA. Those talks have already begun.

Long Reads Editor

David L. Craddock writes fiction, nonfiction, and grocery lists. He is the author of the Stay Awhile and Listen series, and the Gairden Chronicles series of fantasy novels for young adults. Outside of writing, he enjoys playing Mario, Zelda, and Dark Souls games, and will be happy to discuss at length the myriad reasons why Dark Souls 2 is the best in the series. Follow him online at and @davidlcraddock.

From The Chatty
  • reply
    August 31, 2016 3:28 PM

    David Craddock posted a new article, CD Projekt Red is worth $1 billion

    • reply
      August 31, 2016 3:39 PM

      CD Project red is priceless

    • reply
      August 31, 2016 4:06 PM

      Good for them. Awesomeness should be rewarded.

    • reply
      August 31, 2016 4:30 PM

      Awesome. I felt guilty buying Witcher 3 on sale for $30 for how awesome the game is, glad it's been a financial success!

    • reply
      August 31, 2016 4:32 PM

      How much of that billion is GOG's value? 50%? 70%? Or is GOG's value separate because it's a wholly owned subsidiary.

      • reply
        August 31, 2016 6:19 PM

        I'd assume GOG is factored into that and was probably the bulk of it. No way they'd be worth a billion if it was just the studio.

      • reply
        August 31, 2016 6:28 PM

        CD Projekt S.A. holds both Red and GOG and the reported financials are consolidated. GOG's revenue year to date is ~20% of the total, and its profits are ~4%.

    • reply
      August 31, 2016 4:55 PM

      How much is Rockstar worth?

    • reply
      August 31, 2016 5:25 PM

      Will be interesting to see if CDPR will be able to walk away from Geralt and the Witcher in light of the last game...

      If Cyberpunk 2077 isn't a blockbuster, they may find themselves crawling back...

      Which I would be totally fine with.

      • reply
        August 31, 2016 6:14 PM

        While geralt is the fucking man, he isn't the reason witcher games are amazing

        • reply
          August 31, 2016 6:27 PM

          He's PART of why the game is amazing...

          • reply
            September 1, 2016 5:13 AM

            Not really, if Bethesda did the next Witcher game it would probably be a steaming pile of shit. Geralt is a cool character, but crafting an engrossing story requires talent.

    • reply
      August 31, 2016 11:26 PM

      jbury is credit to team!

    • reply
      September 1, 2016 1:54 AM


      • reply
        September 1, 2016 6:56 AM

        Based on the rumors of Cyberpunk 2077 going full-on GTA (with physics based vehicle and robot modeling!), I'll be shocked if we don't see a huge improvement in the combat loop of the gameplay. Sounds like they really want to make a bonkers sci-fi action game on top of their strong RPG foundation.

    • reply
      September 1, 2016 5:12 AM


    • reply
      September 1, 2016 5:59 AM

      We need more companies like CD Projekt Red, that clearly take pride in the work they produce and are capable of putting out stellar content. It seems like the larger and more successful a company gets, the more they run in the opposite direction from these two tenets... I'm glad CDPR is hitting it out of the park.

    • reply
      September 1, 2016 7:19 AM

      That's 'cause der_Witcha 3 0wns your arse, briefcase dude/Craddock.

    • reply
      September 1, 2016 8:32 AM

      Good. They are doing things right and deserve success.

    • reply
      September 1, 2016 8:42 AM

      CDPR is making pc gaming great again

    • reply
      September 2, 2016 9:05 AM

      Well earned!

Hello, Meet Lola