CD Projekt Red closed the first half of 2026 with 435 million PLN in revenue and 249 million PLN in consolidated net profit — a 23% and 37.8% increase respectively — then used the earnings moment to publish its clearest release roadmap yet: three major Witcher projects across the next three years.
The Numbers
| Metric | H1 2026 | Change |
|---|---|---|
| Revenue | 435m PLN ($116.5m) | +23% |
| Net profit | 249m PLN ($66.7m) | +37.8% |
| Net profitability | 57.2% | Up from prior year |
| Operating cash flow | 249.7m PLN | — |
CFO Piotr Nielubowicz attributed the result to “strong sales of games from the Cyberpunk and Witcher universes,” plus a growing contribution from IP licensing, which he called “progressively becoming more important for us.”
Sales milestones behind that: The Witcher 3: Wild Hunt has passed 65 million copies, and the franchise overall is beyond 90 million.
The Three-Year Witcher Slate
The company called it its strongest ever publishing lineup for the universe:
- September 29, 2026 — The Witcher 3: Wild Hunt – Remaster
- 2027 — The Witcher 3: Wild Hunt – Songs of the Past, a new story add-on developed with Fool’s Theory and shown publicly at gamescom
- 2028 — The Witcher 4
- October 20, 2026 — Cyberpunk: Edgerunners 2 premieres on Netflix, again co-developed with Japanese studio TRIGGER
A partnership with Blizzard Entertainment will bring the Remaster and Songs of the Past to Battle.net — a notable piece of the licensing story that is now helping drive the margin.
Why the Margin Matters
A 57.2% net margin on a half-year is unusual for a single-project publisher, and it is a signal of how CDPR’s business has changed: sales of back-catalogue Cyberpunk and Witcher titles plus licensing income now carry the period while the studio funds The Witcher 4.
For the year ahead, the company said Q3 2026 revenue will include subscription-service income and “franchise flywheel projects” — the same flywheel the Remaster, the expansion and Edgerunners 2 are all feeding.