CD Projekt estimates record revenue for 2020, earning over $560 million

Before releasing its annual financial report for 2020, CD Projekt shared the estimated numbers. The company earned a record-breaking $563 million, which is more than 2 times higher than revenues for 2015 — the year when The Witcher 3 was released.

CD Projekt shared the estimation on its official website. The Cyberpunk 2077 developer is now projecting sales revenues of 2.13 billion PLN (around $563 million) and net profits of 1.15 billion PLN (around $303 million). These are the numbers the company has never seen before.

The estimated revenues are 2.6 times higher, and the estimated net profits are 3 times higher than those of 2015. This is the company’s historical maximum owing thanks to the huge numbers of Cyberpunk 2077 copies sold. Despite all the technical issues and scandals, the game had one of the best launches in years.

However, some analysts are concerned that CD Projekt might not see the same growth in 2021. “The real question is whether CDPR will see a similar trend post The Witcher 3 (continued strong sales) or whether there will be a sharper revenue drop in 2021 and beyond,” Daniel Ahmad wrote.

CD Projekt hasn’t disclosed official sales of Cyberpunk 2077, only stated that the game sold 13 million copies in its first week. Last month, analytics company M Science reported that the digital sales of Cyberpunk 2077 dropped to 1 percent of its launch figures.

The company will probably share the final numbers in its upcoming annual report, which will be released on April 22.