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.”


Keep On Reading!

Virtua Fighter Crossroads is An “Open Sandbox RPG,” Says Producer, Where “Player Choice Matters”

Virtua Fighter Crossroads is An “Open Sandbox RPG,” Says Producer, Where “Player Choice Matters”

RGG Studio's Riichiro Yamada also promises a "lot of side content", including "side quests with the old cast" ...

Star Wars Eclipse “Simply Cannot Be Completed” if Quantic Dream Proceeds With Layoffs, Say Devs

Star Wars Eclipse “Simply Cannot Be Completed” if Quantic Dream Proceeds With Layoffs, Say Devs

After announcing layoffs for 115 employees following the failure of Spellcasters Chronicles, developers are st...

Dinoblade Launches on July 23rd, Prehistoric Souls-like Combat Showcased in New Trailer

Dinoblade Launches on July 23rd, Prehistoric Souls-like Combat Showcased in New Trailer

What began as a humble series of animations by Jean Nguyen back in 2022 has evolved into a full-fledged PC tit...

Grand Theft Auto 6 Has Seen “Record” Pre-Orders on Xbox Series X/S, Clarifies Microsoft

Grand Theft Auto 6 Has Seen “Record” Pre-Orders on Xbox Series X/S, Clarifies Microsoft

An Xbox spokesperson said that recent estimates "don't represent pre-order data" and that people should "wait ...

Grand Theft Auto 6 Won’t Get a Disc-Based Physical Copy, Despite Recent Reports – Rumor

Grand Theft Auto 6 Won’t Get a Disc-Based Physical Copy, Despite Recent Reports – Rumor

A "source with knowledge of the plans" told The Hollywood Reporter that it's not on the cards, either at launc...

Assassin’s Creed Black Flag Resynced Showcases Havana’s Astonishing Glow-Up and Authenticity

Assassin’s Creed Black Flag Resynced Showcases Havana’s Astonishing Glow-Up and Authenticity

From changes in lighting due to nightfall or different types of rainfall and winds, the city looks better than...