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What CD Projekt Told Investors About The Witcher in September 2026

Every few months CD Projekt sits down with its investors, and those sessions are often where the most honest little details about the Witcher games slip out. Alongside its results for the first half of 2026, published on September 2, the company held a written chat on September 3 where investors could ask questions directly. CFO Piotr Nielubowicz and Karolina Gnaś from investor relations answered. Here is everything Witcher-related, in plain words.

The Witcher 4: still 2028

The results statement repeats that “the planned release window for The Witcher 4” is 2028, and joint CEO Michał Nowakowski confirmed again that Ciri takes over as the main character. This is the same window we wrote about in The Witcher 4 Targets 2028, so no change there. It is still a window, not a date.

The trilogy plan has not changed

One investor asked if the plan for releases two years apart was still active. Nielubowicz corrected the premise: the goal is to publish the new trilogy “within six years of the release date of The Witcher 4 – which means one game every 3 years, on average. We stand by those ambitious assumptions.”

That fits with what Nowakowski said in May 2026, when he explained that it would be “difficult” to add expansions to the new trilogy within that schedule. So if you are hoping for a Blood and Wine-sized add-on for The Witcher 4, it will most likely not come until the trilogy is finished, if at all.

Switch 2: “too early to talk”

With The Witcher 3 Remastered also launching on Nintendo Switch 2, an investor asked whether The Witcher 4 could follow. The answer was careful: “It’s too early to talk about the availability of The Witcher 4 on the Nintendo Switch 2. But you know our approach – as a rule, we want our releases to reach the broadest possible audiences.” That is not a yes. It is also not a no.

Songs of the Past and a busy Witcher year

Some investors worried that Remastered, the 2027 expansion Songs of the Past and then The Witcher 4 in 2028 could wear out interest in the series. CD Projekt disagreed, saying it believes more publishing and promotion in the franchise “will positively affect its attractiveness and marketing potential.”

Gnaś also said the two Witcher 3 projects are independent of each other, and that the 2027 date for Songs of the Past was agreed with the team making it. She added that the expansion already had 900,000 wishlists, which the company sees as a reason to be “optimistic about future preorders”. The expansion is being made together with the studio Fool’s Theory and sends Geralt to Letten, Dandelion’s home.

Who owns what: no CDPR Witcher films

One question asked whether CD Projekt could make its own Witcher films or TV series. The answer was a clear no: Andrzej Sapkowski keeps the rights to books, films and TV series set in the Witcher universe, and CD Projekt focuses on the other areas. That is why Netflix’s The Witcher series is not connected to the games. If you want to start with the source material, our Witcher books reading guide shows where to begin.

Cyberpunk 2 and the team question

An investor pointed out that the Cyberpunk 2 team was already “almost half the headcount of the W4 team”, even though that game is at an earlier stage. Note that this was the investor’s own description, not a figure from CD Projekt. The company replied that Cyberpunk 2 is in preproduction and that its team size is adjusted to what the project needs right now.

Nothing here changes the big picture, but it does confirm that the plan is holding. For everything we know so far, see the Witcher 4 Hub and our look at Kovir, the setting of the first tech demo.

Sources

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