CD PROJEKT SA

CD PROJEKT SA

CDR · WAR · Communication Services / Electronic Gaming & Multimedia

278.40PLN+0.20 (+0.07%)

Price History

Full chart

Market Stats

Previous Close278.20
Open278.00
Day Range274.30 – 278.60
52-Week Range211.30 – 297.00
Volume221.45K
Market Cap25.81B
P/E (TTM)42.27
Forward P/E38.46
EPS6.11
Dividend Yield0.00%
Beta0.41
50-Day Avg249.88
200-Day Avg247.96

About

CD Projekt Red S.A., together its subsidiaries, engages in the production, publishing, and digital distribution of video games and related products in Poland. The company's flagship products include The Witcher series of games and Cyberpunk 2077. It also exports its products to Europe, North America, South America, Asia, Australia, and Africa. The company was formerly known as CD Projekt S.A. and changed its name to CD Projekt Red S.A. in August 2026. The company was incorporated in 2001 and is headquartered in Warsaw, Poland.

Company Details

  • SectorCommunication Services
  • IndustryElectronic Gaming & Multimedia
  • CEOMr. Adam Konrad Badowski
  • Employees808
  • HeadquartersBuilding E, Warsaw, Poland, 03-301, Poland
  • Websitehttps://www.cdprojekt.com

Leadership

  • Mr. Marcin Piotr IwinskiCo-Founder & Co-Chairman of Supervisory Board · b. 1974
  • Mr. Adam Konrad BadowskiCo-CEO & Member of the Management Board · b. 1975
  • Mr. Michal Andrzej NowakowskiCo-CEO & Member of the Management Board · b. 1978
  • Mr. Piotr Marcin NielubowiczCFO & Vice President of the Management Board · b. 1974
  • Mr. Piotr KarwowskiJoint COO & Member of the Management Board · b. 1982
  • Mr. Pawel ZawodnyJoint COO & Member of the Management Board · b. 1977
  • Mr. Jeremiah CohnChief Marketing Officer & Member of Management Board · b. 1982
  • Ms. Karolina RadziszewskaChief People Officer & Member of the Management Board · b. 1975
  • Krystyna CybulskaChief Accountant
  • Ms. Karolina GnasIR Director

Financials

Income Statement

Currency: PLN2005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue244.18M141.00M100.21M47.59M1.27M50.45M136.21M164.04M142.17M96.19M798.01M584.02M463.26M362.90M521.27M2.14B888.17M952.58M1.23B798.37M866.99M
Growth (%)--42.25%-28.93%-52.51%-97.33%+3865.88%+170.01%+20.43%-13.33%-32.34%+729.59%-26.82%-20.68%-21.66%+43.64%+310.32%-58.47%+7.25%+29.14%-35.10%+8.59%
Cost of Revenue224.42M129.27M94.31M44.08M1.14M17.82M54.50M89.62M88.83M63.49M210.62M113.96M82.17M106.25M161.31M491.36M250.23M243.97M380.57M247.15M89.67M
Gross Profit19.75M11.73M5.89M3.51M134.00K32.63M81.71M74.42M53.34M32.70M587.39M470.06M381.08M256.65M359.96M1.65B637.94M708.60M849.63M737.88M777.32M
Gross Margin8.09%8.32%5.88%7.37%10.53%64.68%59.99%45.37%37.52%34.00%73.61%80.49%82.26%70.72%69.05%77.03%71.83%74.39%69.06%92.42%89.66%
Operating Expense26.02M24.83M23.19M2.31M1.06M33.30M54.08M46.05M38.47M26.55M163.20M166.43M140.14M144.25M179.68M490.43M405.04M331.25M380.59M371.79M315.04M
Operating Income-6.27M-13.10M-17.30M1.20M-922.00K-675.00K27.62M28.37M14.87M6.15M424.19M303.63M240.94M112.39M180.29M1.16B232.90M377.35M469.04M366.09M462.28M
Operating Margin-2.57%-9.29%-17.26%2.52%-72.48%-1.34%20.28%17.29%10.46%6.39%53.16%51.99%52.01%30.97%34.59%54.10%26.22%39.61%38.13%45.85%53.32%
EBITDA-6.67M-10.68M-21.40M2.49M-1.80M861.00K30.71M31.50M20.52M12.54M521.89M348.31M252.32M139.68M227.19M1.44B329.12M514.32M786.99M553.95M529.51M
EBITDA Margin-2.73%-7.57%-21.36%5.24%-141.19%1.71%22.54%19.21%14.43%13.04%65.40%59.64%54.47%38.49%43.58%67.10%37.06%53.99%63.97%69.39%61.07%
Net Income-6.60M-12.34M-22.53M1.12M-1.10M-3.45M23.96M28.13M14.90M5.21M342.43M250.51M200.27M109.33M175.31M1.15B208.91M347.09M481.11M444.25M594.71M
Net Income Margin-2.70%-8.75%-22.49%2.35%-86.24%-6.84%17.59%17.15%10.48%5.42%42.91%42.89%43.23%30.13%33.63%53.97%23.52%36.44%39.11%55.64%68.59%
R&D----------96.92M31.40M-11.87M29.37M254.10M86.97M103.60M20.00M78.50M38.60M
R&D as % of Total Revenue----------12.15%5.38%-3.27%5.63%11.88%9.79%10.88%1.63%9.83%4.45%
Interest Expense700.00K717.00K1.13M383.00K161.00K1.00M1.44M1.11M219.00K22.00K38.00K174.00K88.00K130.00K587.00K754.00K1.69M1.18M863.00K1.07M910.00K
Interest Expense % of Total Revenue0.29%0.51%1.13%0.80%12.66%1.99%1.05%0.68%0.15%0.02%0.00%0.03%0.02%0.04%0.11%0.04%0.19%0.12%0.07%0.13%0.10%

Balance Sheet

Currency: PLN2005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets80.56M38.94M23.03M24.06M36.30M167.51M185.73M202.89M217.63M248.94M673.95M874.96M981.51M1.13B1.40B2.89B2.16B2.27B2.61B3.04B3.50B
Total Liabilities59.65M26.66M37.18M18.32M31.50M89.85M61.92M51.36M50.27M80.92M160.27M98.02M98.61M123.97M298.46M707.12M264.38M240.72M209.95M241.76M213.46M
Total Equity20.72M12.28M-14.15M5.73M4.80M77.67M123.81M151.53M166.50M168.02M513.67M776.94M882.90M1.00B1.11B2.19B1.89B2.03B2.40B2.80B3.29B
Cash9.15M1.96M691.00K2.27M34.00K15.61M9.82M26.87M39.68M34.40M393.64M557.20M66.99M103.88M49.41M563.34M411.59M277.83M178.05M124.89M114.11M
Total Debt1.50M8.04M6.80M50.00K9.31M33.10M13.40M4.75M21.00K4.00K293.00K139.00K338.00K409.00K19.91M18.94M46.88M28.46M20.04M20.15M26.04M
Net Debt-7.66M6.08M6.11M-2.22M9.28M17.49M3.58M-22.12M-39.66M-34.39M-393.34M-557.07M-66.65M-103.47M-29.50M-544.40M-364.70M-249.37M-158.02M-104.74M-88.08M

Cash Flow

Currency: PLN2005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow20.43M-14.47M-170.00K-11.14M-4.51M10.28M185.00K26.70M22.05M-4.62M371.62M259.46M231.69M132.59M216.71M711.71M967.83M406.03M610.88M521.30M590.88M
Investing Cash Flow106.00K438.00K143.00K697.00K-13.89M36.00K-6.24M-125.00K-4.13M893.00K-12.40M-60.42M-280.26M-94.99M-164.50M-106.39M-613.79M-335.61M-607.35M-470.55M-522.25M
Financing Cash Flow-12.58M6.84M-1.24M12.02M16.16M5.26M263.00K-9.52M-5.11M1.63M27.00K4.53M-101.81M-706.00K-107.18M-91.39M-505.78M-204.18M-103.31M-103.92M-126.44M
Capital Expenditure389.00K594.00K571.00K00822.00K2.73M4.14M4.17M5.50M15.14M67.65M90.06M113.65M256.50M221.59M27.97M48.27M330.81M97.92M99.52M
Free Cash Flow20.05M-15.06M-741.00K-11.14M-4.51M9.46M-2.55M22.55M17.88M-10.12M356.48M191.81M141.63M18.94M-39.79M490.12M784.46M149.93M280.07M423.37M538.40M
Dividends Paid------------100.93M100.93M100.93M503.69M503.69M100.74M99.91M99.91M99.91M
FCF to OCF98.10%104.11%435.88%100.00%100.00%92.00%-1377.84%84.47%81.07%219.23%95.93%73.93%61.13%14.28%-18.36%68.86%81.05%36.92%45.85%81.22%91.12%
Dividend Paid to FCF------------71.26%532.87%-253.63%102.77%64.21%67.19%35.67%23.60%18.56%

Earnings

Report DateMar 31, 2005Jun 30, 2005Sep 30, 2005Dec 31, 2005Mar 31, 2006Jun 30, 2006Sep 30, 2006Dec 31, 2006Mar 31, 2007Jun 30, 2007Sep 30, 2007Dec 31, 2007Mar 31, 2008Jun 30, 2008Sep 30, 2008Dec 31, 2008Mar 31, 2009Jun 30, 2009Sep 30, 2009Dec 31, 2009Mar 31, 2010Jun 30, 2010Sep 30, 2010Dec 31, 2010Mar 31, 2011Jun 30, 2011Sep 30, 2011Dec 31, 2011Mar 31, 2012Jun 30, 2012Sep 30, 2012Dec 31, 2012Mar 31, 2013Jun 30, 2013Sep 30, 2013Dec 31, 2013Mar 31, 2014Sep 1, 2014Nov 14, 2014Mar 19, 2015May 15, 2015Aug 26, 2015Nov 12, 2015Mar 10, 2016May 12, 2016Aug 25, 2016Nov 9, 2016Mar 30, 2017May 25, 2017Sep 6, 2017Nov 22, 2017Mar 22, 2018May 24, 2018Aug 28, 2018Nov 14, 2018Mar 27, 2019May 23, 2019Aug 29, 2019Nov 21, 2019Dec 31, 2019May 28, 2020Sep 3, 2020Nov 25, 2020Dec 31, 2020Apr 22, 2021Sep 1, 2021Nov 29, 2021Dec 31, 2021May 26, 2022Sep 7, 2022Nov 28, 2022Mar 30, 2023May 29, 2023Aug 30, 2023Nov 28, 2023Mar 28, 2024May 28, 2024Aug 28, 2024Nov 24, 2024Mar 25, 2025May 28, 2025Aug 28, 2025Nov 26, 2025Mar 18, 2026May 27, 2026Sep 1, 2026Nov 24, 2026
EPS Estimate---------------------------------------------------------0.170.16-0.380.680.33-11.120.950.721.100.930.920.421.250.680.491.191.140.760.400.540.700.770.840.720.861.060.801.23
EPS Actual-0.02-0.09-0.02-0.15-0.07-0.20-0.12-0.16-0.15-0.16-0.35-0.760.02-0.01-0.060.13-0.01-0.060.02-0.04-0.030.02-0.080.030.040.170.05-0.010.000.140.060.090.040.040.050.030.020.03-0.030.04-0.052.540.430.700.341.070.380.820.470.760.360.460.230.290.150.420.180.330.151.080.910.540.239.690.320.720.160.870.680.450.981.330.690.222.031.911.000.700.782.210.850.691.921.721.051.42-
Surprise---------------------------------------------------------94.12%-6.25%-139.47%-20.59%-30.30%--97.12%-24.21%-77.78%-20.91%-26.88%-51.09%133.33%6.40%1.47%-55.10%70.59%67.54%31.58%75.00%44.44%215.71%11.11%-17.86%166.67%100.00%-0.94%77.50%-
Timing-------------------------------------After-hoursAfter-hoursPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketAfter-hours-Pre-marketPre-marketAfter-hoursAfter-hoursPre-market-After-hoursAfter-hoursPre-market-After-hoursAfter-hoursPre-market-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap25.81B
Enterprise Value24.79B
Trailing P/E42.27
Forward P/E38.46
Price / Sales27.24
Price / Book7.23
EPS6.11
Book Value35.70
Revenue (TTM)947.28M
Gross Profit (TTM)876.91M
EBITDA565.97M
Profit Margin70.00%
Operating Margin61.46%
Return on Equity18.28%
Return on Assets9.82%
Shares Outstanding99.91M
Shares Float99.75M
Beta0.41
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Dividends

20251×
1.00Jun 27, 2025
20241×
1.00Jun 20, 2024
20231×
1.00Jun 12, 2023
20221×
1.00Jul 4, 2022
20211×
5.00May 31, 2021
20191×
1.05May 30, 2019
20171×
1.05May 29, 2017

Stock Splits

  • Jul 13, 200727006:11281