CD Projekt S.A.

CD Projekt S.A.

OTGLF
CD Projekt S.A.US flagOther OTC
59.25
USD
- -
- -
5.92BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
1.5
1.01
8.4
6.12
4.82
3.78
5.42
22.17
8.82
9.46
12.27
7.99
8.68
8.32
Basic EPS, GAAP
0.15
0.05
3.61
2.63
2.08
1.14
1.82
11.97
2.07
3.45
4.8
4.45
5.95
6.15
Free Cash Flow per Basic Share
0.19
-0.09
4.16
2.59
2.28
1.22
1.3
7.19
9.33
3.55
5.52
4.24
4.92
5.09
Dividend per Share
- -
- -
- -
- -
1.05
- -
1.05
- -
5
1
1
1
1
1
Book Value per Share
0.56
0.48
4.08
3.83
3.31
2.46
2.8
12.94
3.01
4.4
5.48
5.39
6.68
7.74
Tangible Book Value per Share
0.89
0.86
4.06
6.51
6.73
6.8
6.28
17.21
14.19
14.2
17.45
19.55
19.9
19.41
Basic Weighted Avg Shares
95
95
95
95
96
96
96
96
101
101
100
100
100
100
Sales/Revenue/Turnover
142
96
798
584
463
363
521
2,139
888
953
1,230
798
867
832
Operating Margin (%)
13.08
7.85
53.16
52.58
51.85
31.11
34.38
54.19
29.7
42.33
36.77
45.86
53.62
56.1
Depreciation Expense
3
3
100
37
5
17
37
268
105
14
17
17
20
10
Net Income, GAAP
15
5
342
251
200
109
175
1,154
209
347
481
444
595
615
Effective Tax Rate (%)
13.46
- -
18.78
19.69
19.05
11.13
7.32
0.91
4.66
11.72
10.66
- -
3.24
36.61
Profit Margin (%)
10.21
5.42
42.91
42.9
43.24
30.13
33.63
53.97
23.52
36.44
39.11
55.64
68.59
73.93
Working Capital
77
77
379
615
631
613
452
1,589
1,025
945
991
1,222
1,154
981
LT Debt
- -
- -
- -
- -
- -
- -
18
16
21
19
- -
18
22
- -
Total Equity
167
168
514
777
883
1,003
1,106
2,183
1,894
2,031
2,403
2,774
3,290
3,413
Return on Invested Capital (%)
9.82
- -
99.1
37.76
23.26
10.57
15.49
68.16
11.95
17.61
18.02
- -
14.67
13.37
Return on Capital (%)
27.91
- -
157.98
66.55
58.58
39.44
66.94
148.47
26.17
84.76
94.33
- -
95.03
421.75
Return on Common Equity (%)
29.01
10.52
158.07
66.55
58.6
39.46
69.41
152.19
26.94
92.99
96.88
81.6
98.56
86.27

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
4
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
22
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
100
100
100
Market Capitalization
24,762
24,973
24,685

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
1,203
1,335
1,177
Cash, Cash Equivalents & STI
978
968
973
Accounts Receivable, Net
76
125
102
Inventories
2
2
2
Total Current Liabilities
207
180
196
Payables & Accruals
- -
- -
- -
ST Debt
- -
4
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
23.25%
9.27%
18.59%
Free Cash Flow
38.6%
4.19%
16.06%
Net Income, GAAP
57.55%
9.81%
33.87%
Sales/Revenue/Turnover
23.62%
-9.72%
8.59%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
227
198
227
333
798
2025
180
217
349
75
867
2026
191
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1
- -
0.78
- -
4.45
2025
1.12
- -
1.94
- -
5.95
2026
1.06
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
1
2025
- -
- -
1
- -
1
2026
- -
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
Adam Konrad Badowski
Full Time Employees
808
Sector
Technology
Industry
Electronic Gaming & Multimedia
Address
ul. Jagiellonska 74 Warsaw WP Poland 03-301
IPO Date
Apr 12, 2017
Business
CD Projekt S.A. (OTGLF) is a Polish video game holding company that develops, publishes, and digitally distributes premium role-playing games and related content worldwide. Founded in 1994 and headquartered in Warsaw, Poland, the company operates through its core segments CD PROJEKT RED, which creates flagship titles including The Witcher series (with over 75 million copies sold across entries such as The Witcher 3: Wild Hunt and its expansions Hearts of Stone and Blood and Wine), Cyberpunk 2077 (over 30 million copies sold, including the Phantom Liberty expansion), and spin-offs like Gwent: The Witcher Card Game and Thronebreaker: The Witcher Tales; and GOG.com, a digital distribution platform offering a DRM-free catalog of thousands of modern AAA, independent, and classic games alongside the GOG GALAXY cross-platform launcher for unified libraries, achievements, and multiplayer features. It maintains studios in Warsaw, Wrocław, Kraków (Poland), Boston (for Cyberpunk 2 development), and Vancouver (Canada), targeting PC, PlayStation, Xbox, Nintendo Switch, and mobile gamers globally. Recent developments include transitioning Cyberpunk 2 (codenamed Orion) to pre-production with a 135-developer Boston team and Epic Games collaboration on Unreal Engine 5 innovations; advancing The Witcher 4 (codenamed Polaris, first in a new trilogy) to full production with over 440 developers in a new Warsaw campus building; expanding Project Sirius (multiplayer Witcher universe game) and Hadar (original IP); launching Cyberpunk 2077 and Phantom Liberty on Nintendo Switch 2 and macOS; reporting Q3 2025 revenue up 53% to PLN 350 million driven by Cyberpunk sales; and merging The Molasses Flood into CD Projekt Red North America while investing over PLN 1 billion in ongoing projects.

Company News

APIChatGPT
  • CD Projekt: A Better Business At A Full Price

  • CD Projekt S.A. (OTGLY) Q1 2026 Earnings Call Transcript

  • CD Projekt to launch new expansion for 'The Witcher 3: Wild Hunt'

  • 3 Polish Stocks On The Radar

  • CD Projekt: Carrying Minimum Upside Ahead Of Witcher 4 Launch Date Announcement

  • CD Projekt S.A. (OTGLY) Q4 2025 Earnings Call Transcript

  • CD Projekt S.A. (OTGLY) Shareholder/Analyst Call Prepared Remarks Transcript

  • CD Projekt shareholders set management 5 billion zloty profit target for 2026-29

  • CD Projekt: Strong Q3, But Valuation Leaves No Room For Error

  • Poland's CD Projekt third-quarter net profit jumps 148%

  • CD Projekt Vs. Square Enix: One Valued For Diversification And Catalysts, The Other Priced For 2027

  • CD Projekt first-half net profit falls 9%

  • CD Projekt launches Cyberpunk 2077 game on Nintendo Switch 2

  • CD Projekt: AI Catalyst Poised To Slash Development Cycles And Boost Margins

  • CD Projekt S.A. (OTGLF) Q1 2025 Earnings Conference Call Transcript

  • Poland's CD Projekt's "Cyberpunk 2" enters preproduction phase

  • CD Projekt: Looking Back, Phantom Liberty Outperformed

  • CD Projekt shares slump after it says 'Witcher IV' won't come out in 2026

  • CD Projekt's 'Witcher IV' release date expected to be after 2026, says finance chief

  • CD Projekt's full-year net profit falls 2.3%