CD Projekt have announced to investors the release date of the next-gen versions of Cyberpunk 2077 on PlayStation 5 and Xbox Series X|S.
As stated in their Q3 2021 financial results [1, 2], the team will continue to update Cyberpunk 2077, and develop the game’s next-gen version. Therein, Adam Kiciński, President and Joint CEO of the CD Projekt Group stated “We are hard at work on the next-gen version of Cyberpunk, scheduled for release in the first quarter of 2022, alongside another major update for all platforms.”
Earlier release dates had been announced as 2021, but that was recently delayed to 2022, along with further updates and DLC. “There is also ongoing work on the next-gen version of The Witcher 3 and the Cyberpunk expansion,” Kiciński explains, “In parallel, we carry
on with the transformation of our studio, which is affecting more and more production teams.”
The financial results themselves note the CD Projekt Group made zł144 million PLN in revenue ($34.61 million USD); almost 40% more than the prior year. However, net profit was lower than in the prior period, at zł16 million PLN ($3.84 million USD). The year-on-year reduction of net profit was blamed on mainly expenses related to updated Cyberpunk, and exploratory work on new projects at the early stages of development.
Nonetheless, the balance of financial reserves increased by zł55 million PLN ($13.22 million USD). Two new developers joined CD Group Projekt in recent months; Digital Scapes (now CD Project Red Vancouver), and The Molasses Flood (The Flame in the Flood).
In spite of all the issues the game had [1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13], and the founders of developer CD Projekt Red predicted to have lost $1 billion USD; Cyberpunk 2077 sold 13.7 million units in 2020.
Further, only 1.6% of Cyberpunk 2077 copies were refunded, with current and predicted future refunds only affecting 9% of CD Projekt’s total game revenue in 2020. While CD Projekt saw 65% drop in profits year-over-year, they had a 2% rise in sales in Q1.
Cyberpunk 2077 is available on Windows PC (via Epic Games, GOG, and Steam), PlayStation 4, Xbox One, Google Stadia, and Q1 2022 on PlayStation 5, and Xbox Series X|S. Players on PlayStation 4 and Xbox One respectively will be able to upgrade to the next-gen for free. In case you missed it, you can find our review here.