Enlarge / Visitors queue for Cyberpunk Phantom Liberty at the Xbox booth at the Gamescom video game fair in Cologne, Germany, on August 23, 2023. The DLC has been crucial in changing critical and public perception of the game, which suffered a notably shaky launch. (credit: Getty Images)

Cyberpunk 2077 cost more than $400 million to make and market, making it likely the most expensive video game (actually released) so far. The game’s Polish developer, CD Projekt Red (CDPR), kept spending big after launch, and it seems like it has paid off—because it had to.

The publicly traded developer recently opened up to investors about its finances. It’s a good time for the company to tell its story. Cyberpunk 2077 recently saw a well-regarded 2.0 patch, an Edgerunners anime that caught on, and a Phantom Liberty DLC that’s winning over fans and newcomers. A sequel has been announced, and even a live-action component is in the works.

Taking CDPR’s numbers and doing a few rough currency conversions from PLN to USD, you arrive at a number well over $120 million, depending on how you classify the work:

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