So Many Things Went Wrong, But CDPR Still Came Out on Top
Between the apologies, the lawsuits, the hacking, and the police investigation, it’s been a tough year for CD Projekt Red–or so we thought before they started making announcements about their financial year. As it turns out, everything is coming up roses for the company, which made over $303M in profit this year. CR Projekt claims that over 13.7 million copies of Cyberpunk 2077 were sold between the game’s launch on December 10th and December 31st, the end of both the calendar year and its fiscal year. This probably includes the 8 million preorders that made Cyberpunk 2077 an initial success for the company, but nothing has been said about how the refunds impact this total. We do have a breakdown of how well Cyberpunk 2077 sold on each platform, though. That’s pretty nice.
— CD PROJEKT IR (@CDPROJEKTRED_IR) April 22, 2021
In these diagrams shared on Twitter, CD Projekt breaks down the numbers to reveal that roughly 73% of Cyberpunk 2077 sales were digital and that the PC and Stadia versions of the game by far the most popular at 56%, followed by PlayStation at 28% and Xbox One at 17%. CD Projekt’s CFO Piotr Nielubowicz makes it clear that, regardless of how successful the year has been, they will be listening to and learning from the negative feedback kicked up by the game’s disastrous launch.
“Cyberpunk is the most complex project in the Studio’s history and the fruit of five years of hard work. We believe that, next to The Witcher, [Cyberpunk 2077] will represent a pillar upon which to build our Group’s future,” says Nielubowicz, echoing a sentiment previously expressed by CD Projekt Red joint CEO Adam Kicinski.
— CD PROJEKT IR (@CDPROJEKTRED_IR) April 22, 2021
For better or worse, Cyberpunk 2077 is already the pillar CD Projekt’s 2020 financials are built on. The company reported 2.13 billion PLN (~$563.5 million) in revenue and 1.15 billion PLN (~$303 million) in consolidated net profit, the vast majority of which came from Cyberpunk and The Witcher developer CD Projekt Red. To put things in perspective, CD Projekt reported 521.3 million PLN in revenue and 180 million PLN in profit for 2019, so it hasn’t risen that much.
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