Here's How Much Money Witcher 3 Dev Made in Last Three Months

"Good RPGs continue to sell for years."

106 Comments

The Witcher 3: Wild Hunt studio CD Projekt Red parent company CD Projekt Group today reported earnings for the first quarter of 2016 (January 1-March 31). The results were strong, as continued sales of the celebrated RPG and its DLC helped boost the company's bottom line.

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In terms of revenue, the company pulled in PLN 87 million ($22.5 million) for the three-month period, with PLN 32.6 million ($8.4 million) in profit. By comparison, CD Projekt reported only PLN 25.6 million ($6.6 million) in revenue for the same quarter last year, while the company had a loss of PLN 5.2 million ($1.34 million) during that quarter.

Note that The Witcher 3: Wild Hunt launched in May 2015.

As you might have guessed, sales are being boosted this quarter in part by the huge success of The Witcher 3: Wild Hunt (May 2015) and the Hearts of Stone expansion pack (October 2015).

Revenue attributable directly to CD Projekt Red the developer was PLN 68.1 million ($17.6 million), while the studio's profit was PLN 34.1 million ($8.8 million). This compares to PLN 6.6 million ($1.7 million) in revenue and a loss of PLN 4.8 million ($1.2 million) during the January-March period of 2015, when The Witcher 3 had not yet been released.

"Results achieved in the recent quarters prove that the release of The Witcher 3 was a quantum leap for us in terms of business activity," CD Projekt VP Piotr Nielubowicz said in a statement. "The first quarter of the current year is the third consecutive period of continuing strong sales of The Witcher, and of record-breaking revenues for the whole Capital Group."

"Good RPGs continue to sell for years and we know how to animate sales and pique gamers' interest," CD Projekt's Adam Kicinski added.

He went on to say that The Witcher 3's final expansion, Blood and Wine (May 31), is expected to be "very well received by gamers and gaming media alike," boosting sales further still.

You can read CD Projekt Red's full earnings report here [PDF].

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CD Projekt Red will release a new game later this year. Interestingly, the unannounced title will be a "new type of video game format previously unexplored by the studio."

Looking beyond that, CD Projekt Red's Cyberpunk 2077 is penciled in for launch in the 2017-2021 window, which is also when the developer plans to release another AAA RPG.

For more on the health of other video game companies, check out summaries of recent reports below. Check back soon for more, as Ubisoft will announce its latest earnings later today.

GameSpot may get a commission from retail offers.

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Gwarpup

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And this was a game with 0 Copy Protection? What does that say about piracy?

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BigDegs

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I remember playing this the month it released. Put about 40 hours into it before putting it down. Just couldn't hold my interest. There was a lot of terrible crap going on in my life at the time, particularly surrounding my family, and I'm not one of those people that can get lost in a game and forget about life.

Just recently picked it up again and I've already put in another 40 hours in less than a week! The greatness I wasn't able to see the first time around is very clearly evident. They've made tweaks to the game to make it more enjoyable, particularly with the UI. And they simply have the best writing I've ever seen in an RPG.

I hope they continue to do well financially, because it's obvious they have the talent to create unbelievable video games and I want them to continue to do so.

I'm incredibly sad that this is the last we'll see of Geralt, Triss, Yennifer, Ciri, and the rest of the crew. The problem with writing great characters in video games is that you never want to see them go for good.

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skiggy34

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best game ever made. Seriously nothing touches this game.. Its in a league of its own.

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GoodGamesGuy

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I think I'm the only person who didn't really like this game all that much... I mean it has everything I like in a video game I just couldn't get into it. Gwent is pretty awesome though.

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skiggy34

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Edited By skiggy34

@goodgamesguy: I'll be your going to say you liked Uncharted 4 though right? Uncharted 4's game play doesn't hold a candle to The Witcher 3. 400hr game vs 12hr. Why didn't you like it? There is so much to do, create, fight, screw, you name it, its there in The Witcher 3..

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GoodGamesGuy

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@skiggy34: 2 completely different games in almost every way haha.

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dj_bottom_nuts

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Am I the only one that feels the article title was misleading and kinda click-bait?

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HellaStoned

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@dj_bottom_nuts: Yes. Because the title was a question that got answered in the 2nd paragraph.

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Salt_AU

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@HellaStoned: Except the title wasn't a question at all.

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dj_bottom_nuts

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@HellaStoned: Im not saying it doesnt. Im questions why he put "...how much witcher 3 DEV"....he made it seem like a certain dev put out his personal income on the internet. After clicking the article, it was actually talking about the whole studio, not a single dev.

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handofkain

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@dj_bottom_nuts: It's common in gaming news to refer to the studio responsible for developing the game as "developer" since another company which is referred to as "publisher" takes the responsibility of publishing and distribution

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JRD1912

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They are like the only really great company out there doing AAA games. So what ever money they make its prob not enough for what they deserve.

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Salt_AU

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Hopefully they take that money to make a better game with Cyberpunk 2077

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OBSIDIAN_BORN

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Well I will be getting a PC version once they have a decent sale on the complete game!

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RogerioFM

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Witcher Master Race!!!

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Phazevariance

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They did an amazing job on the Witcher 3, they deserve all the money they get.

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kingcrimson24

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Edited By kingcrimson24

I can't wait for Cyberpunk 2077 . I love Sci Fi a bit more than fantasy so I'm guessing that would be even better for me . it looks like Blade runner open world video game .

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deterupit

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the combat could have been better . But i can't really think of a better way to tell a story in a video game. Overall definitely a masterpiece, hopefully an example to follow for other rpg's that think it's fine to have a million fetch-quests between cut-scenes and. I am really glad they're doing well and probably the best is yet to come from CD Projekt. xD

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handofkain

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@deterupit: compared to the witcher 2 , which one is better in terms of combat in your opinion?

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NL_Skipper

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@handofkain: Wither 3 is definitely an improvement over 2 in terms of combat. Personally I really like the combat in both games, but I know it's the weak point for a lot of people. TW3 improves on many of the things that were lacking in TW2, like an actual dodge instead of just rolling, a better block/parry system, revised bomb and potion making systems to cut down on the need to hoard crafting materials, lots of little adjustments while still being quite similar to TW2.

So if you didn't like TW2 combat you probably wont like TW3 much more, but if you thought it was ok in TW2 you'll definitely feel that TW3 is better.

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Etagloc

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Edited By Etagloc

well they did make a good game.

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Dilandau88

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I played Witcher 2 and it was... ok. Really I wasn't blown away. Is 4 basically the same with better graphics?

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Salt_AU

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@Dilandau88: Yes. The Witcher 3 is Witcher 2 with better graphics, more repetitive quests, the most horrid inventory management you've ever used and a somewhat worse story. Its also longer which makes it more painful than Witcher 2.

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DLaney34

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@Salt_AU: Except, the opposite of what you said.

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Vojtass

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@dlaney34: Actually inventory (and GUI in general) in TW3 is its weakest point in my opinion. It's really beyond me how devs could ignore such important stuff after horrible W2 interface.

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makchamp

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@Vojtass: They greatly improved it with recent patch

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DLaney34

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@Vojtass: I wont say it's it's strongest feature, which is likely why I've installed the friendly hud mod, (which better's inventory, and add's hotkey's as well)

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Vojtass

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@dlaney34: Mods are completely different story. I'm talking about fault of the developers, who can't design good interface or don't really care. I hope CDPR will hire great GUI designers.

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gargungulunk

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@Dilandau88:

No.

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losstoney

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Edited By losstoney

This game is best and they should be rewarded for it. Sad to hear it will be the last one. Spend at least couple of hunderd hours in game to get plat achiev and enjoy every min of it :D Cant wait til dlc hits

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RogerioFM

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@losstoney: Well, it'll be the last with Geralt as the protagonist, who knows maybe in the future we might go back in time and be a Witcher from another school, meanwhile we will at least have Cyberpunk soon... ish.

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Aegis_Kleais

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It's heart-breaking to know that the last installment drops at the end of the month. Such a great series by a wildly-talented developer; it's bittersweet to see it go. I'm glad to hear that some point down the line (maybe 2022 or so?) that they may revisit it to make a Witcher 4.

As for Cyberpunk 2077, I know next to nothing about it; but simply on the merits and quality of the Witcher series, I will pre-order the Collector's edition the moment I am able to. It's the least I can do for a developer who made such a fantastic game. Enjoy the accolades CDPR, you thoroughly earned it.

Looking forward to W&B; here's to hoping for a very expanded Gwent addition; such an addictive game. I can't believe I ignored it on my first playthrough.

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andfx8

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Do people need to know the story of the first two games to enjoy this one?

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gamefreak215jd

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@andfx8: You can read the novels.

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TheDarkoil

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Edited By TheDarkoil

@andfx8: The second one is highly recommended as you take the character into the third and it is a really good game in itself. You can do it in about 25 hours and you won't regret it.

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Etagloc

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@andfx8: not to enjoy the game. BUT
the game is VERY VERY rich in lore from both books and 2 other games.

I'd say you would need to atleast do abit of research, to appreciate all the cool characters and how and why they are who they are. But you could still enjoy the game

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rayo_theking

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@andfx8: Nope. Not at all. the game will briefly introduce all the character while you are playing and will give you some back story for each character when you meet him/her

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andfx8

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@rayo_theking: Cool, thanks. If the combat is fun I should probably do myself a favor and pick this up at some point

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bigcrusha

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@andfx8: I watched a YouTube 5 minute brief to catch myself up on things since I never played the first 2. I hardly felt lost at all playing. I was so immersed in the story, polish, questing system and straight up love put into the game, that rather than getting lost in the story, I got lost in how amazing the experience was. This game is a love letter to adventure RPG lovers everywhere. As a guy who normally just plays FPS like Halo and CSGO, trust me when I say.. GET THIS GAME

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xantufrog

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xantufrog  Moderator

@andfx8: the combat quality is kind of contentious. Personally, I like it a lot. But many people compare it to Souls combat and get very upset that it isn't the same. One complaint I've read a lot is that it's "clunky" - IMO that's flat out wrong. He has momentum and inertia like a real person. And you have to incorporate that into your combat control. As someone who has studied martial arts since I was a child I find his lack of floaty, insta-change-directions movement refreshing. It's not Dynasty Warriors.

Also, the combat takes patience (at least on higher difficulty) - you have to be willing to circle your enemy and dodge and roll to create space in order to heal and prevent from getting flanked. If you just run forward and go "clicky clicky clicky clicky!" you'll get iced.

Whether you can get into this design or not I don't know - as I mentioned, there are some vocal folks on here who hate it. IMO most RPGs have either absurdly awkward or pathetically mindless combat, and I think this is at least above the average there.

My 2c

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DLaney34

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Great to hear CDPR is having success by making games, for the gamers, and not the shareholders. Even so, owning a little stock of their's isn't a bad idea.

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Yosh_24

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Looking forward to the new expansion! Probably one of the best bang for your bucks in terms of Season Passes.

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Gamer_4_Fun

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I started playing again. My god, the game is as stunning as the first time I've played.

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DLaney34

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Edited By DLaney34

@Gamer_4_Fun: If playing it on the PC, install turbo lighting mod and the HD texture pack, and the LOD mod that greatly improved distance vista's at minimal cost to FPS. I've got the game looking better then the E3 demo's

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handofkain

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@dlaney34: your words kinda remind me of what Ubisoft did when they released watchdogs. Does this have force-disabled graphics options as well?

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DLaney34

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@handofkain: The mods I refer to are third party.

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Gamer_4_Fun

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@dlaney34: I didn't use the lighting mod as I think it betrays the artist's intention. But I am using the HD texture and the LOD mod.

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DLaney34

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Edited By DLaney34

@Gamer_4_Fun: I like the colder look of the turbo lighting mod, it's got better contrast and a better fog system.

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baral-o

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one of the best games ever made

especially in this gen that it's very rare for me to buy a game at full price and say "worth every penny"

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