RD Projekt
RD Projekt is a Polish video game developer best known for its Witcher series and Cyberpunk 2077.
Profile
Develops and publishes high-budget role-playing video games.
RD Projekt is a Polish video game developer best known for its Witcher series and Cyberpunk 2077. Founded in 1994 by Marcin Iwiński and Michał Kiciński, the company initially focused on distributing foreign games in Poland before pivoting to development. Its breakout success came with 2007's The Witcher, based on Andrzej Sapkowski's fantasy novels.
The company went public in 2010 and saw massive growth with 2015's The Witcher 3: Wild Hunt, which sold over 50 million copies. However, its 2020 release Cyberpunk 2077 faced severe technical issues at launch, leading to Sony temporarily removing it from PlayStation Store and class-action lawsuits from investors. The company has since rebuilt trust through extensive patches and the 2023 Phantom Liberty expansion.
In March 2026, shareholders set management a target of 5 billion zloty ($1.36 billion) in accumulated net profit for 2026-2029. The company is currently developing The Witcher 4 (Polaris), expected no earlier than 2027, while expanding its franchises through external partnerships for companion products.
Who buys this
- PC and console gamers (primarily 18-45 demographic)
- Fans of open-world RPGs and narrative-driven games
- Collectors of premium physical game editions
- Investors in gaming/entertainment stocks
- Streamers/content creators covering AAA titles
Strengths and what to watch
Strengths
- Proven ability to create expansive, narrative-rich open worlds (Witcher series sales exceeding 75M copies)
- Strong IP portfolio including owned Witcher franchise and Cyberpunk license
- Significant post-launch support track record (Witcher 3 next-gen update, Cyberpunk fixes)
Watch for
- Execution risk on Witcher 4 after Cyberpunk's troubled launch
- Dependence on single franchise (Witcher accounted for ~80% of 2025 revenue)
- Increasing development costs for AAA games pressuring margins
Recent moves
Key Information
- Founded
- 1994
Frequently Asked Questions
What games is RD Projekt known for?
RD Projekt developed The Witcher series (over 75 million copies sold) and Cyberpunk 2077. Their breakout success came with 2007's The Witcher, based on Andrzej Sapkowski's novels. The Witcher 3: Wild Hunt (2015) sold over 50 million copies, establishing them as a premier RPG developer.
How did Cyberpunk 2077 perform at launch?
Cyberpunk 2077 launched in 2020 with severe technical issues, leading to Sony removing it from PlayStation Store and investor lawsuits. RD Projekt rebuilt trust through extensive patches and the 2023 Phantom Liberty expansion, demonstrating their commitment to post-launch support despite initial setbacks.
What are RD Projekt's financial targets?
In March 2026, shareholders set a 5 billion zloty ($1.36 billion) accumulated net profit target for 2026-2029. This ambitious goal follows mixed performance, with The Witcher series driving ~80% of 2025 revenue while Cyberpunk faced launch challenges.
When is Witcher 4 coming out?
RD Projekt is developing The Witcher 4 (codenamed Polaris), but expects release no earlier than 2027. The company maintains its reputation for expansive RPGs while managing development risks after Cyberpunk's troubled launch, suggesting cautious timelines for this next major franchise installment.
How successful was The Witcher 3?
The Witcher 3: Wild Hunt (2015) sold over 50 million copies, becoming one of history's best-selling RPGs. Its success cemented RD Projekt's reputation for narrative-rich open worlds, with the entire Witcher series surpassing 75 million copies sold by 2026.
What challenges does RD Projekt face?
Key challenges include executing Witcher 4 development after Cyberpunk's issues, dependence on The Witcher franchise (80% of 2025 revenue), and rising AAA game development costs. The company addresses these through post-launch support and franchise expansion via partnerships.
Sources
- www.rdprojekt.pl — Company website and branding
- www.reuters.com — 2026 financial targets and development pipeline