CD Projekt Group Q3 2025 Financial Results and Development Update
The CD Projekt Group has resoundingly entered the third quarter of 2025-an unprecedentedly great time that has come forth amidst a time when the studio had been stabilized. Cyberpunk 2077 continues to be a cash cow, and the development teams are now focusing almost entirely on the next generation of games; Poland's colossus is in a celebratory mood heralding the great 2025.
Cyberpunk 2077-A Present for the Ages
Five years after initial release, the financial lifeblood of the company remains Cyberpunk 2077. According to earnings, a remarkable new milestone was reached: the game has sold more than 35 million copies as of November 26, 2025. This count includes both standalone copies and the Ultimate Edition bundle.
Beyond this, the increase of the number of players playing this title has been facilitated by its arrival into the PlayStation Plus Game Catalog-accessible to Premium and Extra subscribers-further expanding the potential player enjoyed by the franchise.
The Development Focus: The Witcher 4 Full-Speed Ahead
The internal structure of CD Projekt Red has undergone extensive changes so as to prioritize future projects. As of October 31, 2025, the headcount stood at a total of 851 developers, with most allocated to new titles:
- Witcher 4 (Project Polaris): This is now the main focus with 447 developers working on the next installment of the fantasy saga.
- Cyberpunk 2 (Project Orion): The Boston team is scaling up rapidly to now have 135 developers dedicated to the sequel with a clear growth trajectory through 2026 and 2027.
- Project Sirius: The multiplayer-focused Witcher spinoff currently has a team of 56.
- Project Hadar: The studio's new original IP is in the early stages with 29 developers.
Financial Highlights: Incredible Profits
Financially, Q3 2025 was extraordinary. The Group reported sales revenue of 349 million PLN, which is an increase of 53% compared to Q3 2024. Even more impressive are:
- Net Profit: 193.5 million PLN (up 148% year-over-year).
- Net Profitability: Very strong 55.4% profitability.
The huge capital inflows have been from high-margin sales of Cyberpunk 2077 and its expansion, Phantom Liberty, coupled with tight operating cost controls. For the three quarters of 2025 combined, the company earned a whopping revenue of 792 million PLN and a net profit of almost 350 million PLN.
A Good Financial Base
CD Projekt has a huge "war chest" to fund its ambitious roadmap. According to the report, the firm has approximately 1.4 billion PLN in cash, deposits, and bonds. This ensures the company's financial stability as the increase in payments for development workquarter on quarter continues, especially for the new Witcher and Cyberpunk games.
