Cyberpunk 2077 Developer/Publisher CD Projekt Reports First Quarter Net Profits Down 64.7%

Being unable to sell the game on the PlayStation Store is listed as being a major reason for the publisher's profit slump.

Posted By | On 31st, May. 2021

Cyberpunk 2077_01

The bad new surrounding Cyberpunk 2077 and CD Projekt Red just doesn’t stop these days. CD Projekt Red is still trying to get Sony’s approval to return the game to the PlayStation Store, the game’s second director and head of production resigned due to accusations of bullying, and despite several patches, the game is still pretty buggy.

CD Projekt SA has reported that the company’s first quarter net profits are down more than 50% – 64.7% if we’re being precise – in the first quarter from the previous year, the company reported today. CD Projekt SA did not say how many units Cyberpunk 2077 sold in the first quarter, but did say “that about 60% of first-quarter product sales came from Cyberpunk sales.”

The game’s five-month absence from the PlayStation Store and CD Projekt’s reluctance to report how many units were sold probably means that sales weren’t very good. According to Reuters, who reported the news, “net profit in the first quarter fell 64.7% to 32.5 million zlotys, well below the 80 million zlotys expected by analysts, impacted by depreciation of Cyberpunk 2077 development expenditures and work on fixing the game. Revenue fell 2% to 197.6 million zlotys ($53.94 million). Selling costs rose 79.6% to 62.1 million zlotys in the quarter.”


Amazing Articles You Might Want To Check Out!

Keep On Reading!

No, Final Fantasy 7 Remake Part 3 Isn’t a Shorter Game Than Rebirth, Clarifies Game Director

No, Final Fantasy 7 Remake Part 3 Isn’t a Shorter Game Than Rebirth, Clarifies Game Director

"It’s not about cutting out content; it’s making sure that it feels right, the speed at which the story pr...

Pokémon Legends: Z-A Was the Biggest Physical Game Launch in the US Since Tears of the Kingdom

Pokémon Legends: Z-A Was the Biggest Physical Game Launch in the US Since Tears of the Kingdom

Game Freak's latest had a strong debut in the region, both in physical units sold and overall dollar sales, ac...

ARC Raiders Trailer Paints a Post-Apocalyptic Picture of Hope Before Revealing Its Biggest ARC Yet

ARC Raiders Trailer Paints a Post-Apocalyptic Picture of Hope Before Revealing Its Biggest ARC Yet

The Queen seemingly has company, as a massive new ARC is revealed for Embark's extraction shooter ahead of thi...

Battlefield: RedSec is Free-to-Play – Battle Royale Confirmed for October 28th Launch

Battlefield: RedSec is Free-to-Play – Battle Royale Confirmed for October 28th Launch

The first battle royale mode in the series since Firestorm is dropping tomorrow and will be free for everyone ...

Former PlayStation Exec Says Chasing Live-Service Like Fortnite is like a “Mirage” on a “Sand Dune”

Former PlayStation Exec Says Chasing Live-Service Like Fortnite is like a “Mirage” on a “Sand Dune”

Shawn Layden spoke about his time at Sony working on single-player games, and the company's change in prioriti...

Former Halo: Combat Evolved Developer Says Halo: Campaign Evolved “Feels Genuine” and is “Gorgeous”

Former Halo: Combat Evolved Developer Says Halo: Campaign Evolved “Feels Genuine” and is “Gorgeous”

Marcus Lehto wrote about how impressive Halo: Campaign Evolved looks, noting that "it warms my heart to see Ha...