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  1. Games
  2. RPGs
  3. The Witcher
  4. The Witcher 4

The Witcher 4 will cost CD Projekt almost $800 million between development and marketing, estimates analyst who also predicts new The Witcher 3 DLC this year

News
By Anthony McGlynn published 22 January 2026

That would leave even Cyberpunk 2077 in the dust

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The Witcher 4
(Image credit: CD Projekt Red)
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The upcoming The Witcher 4 is going to be tectonic for CD Projekt Red, as an analyst believes it's going to cost the company the bones of one billion dollars. He estimates the total cost of the fantasy sequel will be around 10-times those of the threequel.

Per a report from Mateus Chrzanowski of Noble Securities, via Strefa Inwestorow (machine translated) and Clawsome Gamer, The Witcher 4's total budget is estimated to be (at the current conversion rate) in the realm of $778.9 million US dollars, a jump on every other release CD Projekt has shipped to date. But while the development costs alone are substantial, they aren't all that'll be impacting the bottom line.

Rather, the press and marketing might cost the same as production. Chrzanowski believes the next mainline Witcher game will run CD Projekt around $389 million to develop. This comes from increased costs, a larger team, higher ambitions for the game itself, and all sorts of other budgetary concerns.

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The Witcher 4 — Cinematic Reveal Trailer | The Game Awards 2024 - YouTube The Witcher 4 — Cinematic Reveal Trailer | The Game Awards 2024 - YouTube
Watch On

Support around the launch – public events, big reveals, social media campaigns and such – is likely to come in for about the same amount, Chranowski believes. Similar to the actual production of the game, it's easy to believe these numbers when you consider having to pay for prime spots at industry-leading showcases like The Game Awards and Summer Game Fest, the labor in creating those trailers, and then travelling around for months of interviews.

This is the same company that got Keanu Reeves involved to both be a character in Cyberpunk 2077 and assist in the pre-release buzz. Hollywood legends aren't cheap in any capacity, and it's safe to assume the studio hopes to make this a trend. For comparison's sake, The Witcher 3 cost something in the region of $81 million all in, and Cyberpunk's came in at $400 million, accounting for the whole release.

The Witcher 4 is looking like it'll be a behemoth, but the franchise is now much bigger with the Netflix show and the gradual rise of CD Projekt itself. We possibly haven't seen the last of The Wild Hunt either, as Chrzanowski predicts another DLC this year. It could be a big year for Geralt, all to prepare for his grandest chapter yet.

Cyberpunk 2077 VR mod creator isn't ruling out making it free following DMCA from CD Projekt Red, but says it's kind of pointless now because people are pirating it to "punish" him

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TOPICS
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Anthony McGlynn
Anthony McGlynn
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Contributing Writer

Anthony is an Irish entertainment and games journalist, now based in Glasgow. He previously served as Senior Anime Writer at Dexerto and News Editor at The Digital Fix, on top of providing work for Variety, IGN, Den of Geek, PC Gamer, and many more. Besides Studio Ghibli, horror movies, and The Muppets, he enjoys action-RPGs, heavy metal, and pro-wrestling. He interviewed Animal once, not that he won’t stop going on about it or anything.

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