Polish analysts at Erste Brokerage claim CD Projekt Red may be developing new DLC for Cyberpunk 2077 using the game’s original engine. CDPR says otherwise. Here is the full picture.
Polish brokerage firm Erste Brokerage has claimed that CD Projekt Red is developing new DLC for Cyberpunk 2077 on the game’s original engine. The claim arrives after the base game crossed 35 million copies sold and its Phantom Liberty expansion hit 10 million units. But CD Projekt Red has already gone on record stating it has “no plans for additional DLCs or expansions.” So what is actually going on?
What Erste Brokerage Is Actually Claiming
Analysts at the Polish firm point to one key piece of evidence: Cyberpunk 2077’s maintenance and support expenditures have risen to their highest levels since the Phantom Liberty era in recent quarters. This pattern, they argue, suggests the studio is doing more than shipping minor patches behind the scenes. A smaller-scale DLC developed with support from an external studio like Virtuos is what the analysts consider most likely.
Virtuos has a documented history with Cyberpunk 2077. The studio was involved in developing the game’s Patch 2.3 update, which added four new vehicles, an AutoDrive system, an expanded photo mode, and various technical improvements when it launched in July 2025. More significantly, a senior writer at Virtuos listed work on “new side quests” and “dialogue for upcoming DLC releases” for Cyberpunk 2077 on their LinkedIn profile, a detail first spotted by Reddit users and reported by TweakTown.
CDPR’s Official Position
CD Projekt Red has directly addressed the speculation. The official Cyberpunk 2077 account on X responded to a fan asking about a “secret new DLC” with an unambiguous statement: “We have no plans for additional DLCs or expansions. If anything changes, we will inform you all!” This response was issued in March 2026, shortly after the game joined the Xbox Game Pass Premium and Ultimate catalogues.
The studio’s position is consistent with its earlier stance. A senior vice president at CDPR previously explained that the decision to limit Cyberpunk 2077 to a single major expansion was “a technical decision” unrelated to sales performance. Phantom Liberty was always meant to be the only paid expansion for the title.
Why Erste Brokerage Cannot Be Easily Dismissed
The reason this claim carries weight is the firm’s track record. Erste Brokerage previously predicted that CD Projekt Red would release a new expansion for The Witcher 3: Wild Hunt, and the studio confirmed exactly that on 28 May 2026. Songs of the Past, co-developed with Fool’s Theory, was officially announced as a third full-scale expansion launching in 2027. The analyst had the timeline right.
Additionally, during CD Projekt Red’s Q1 2026 earnings call, CFO Piotr Nielubowicz dropped an intriguing line: “Songs of the Past is just one of the unannounced projects being in an advanced production stage. We obviously have some other content at an advanced production phase as well. And while it’s obviously not the same scale as the major expansion, we still plan to release it this year.” He never mentioned Cyberpunk 2077 by name, but the statement left room for speculation, as Vice noted in its coverage.
CDPR’s Project Pipeline Adds Context
CD Projekt Red’s current development slate is the most ambitious in the studio’s history. Known projects include The Witcher 4, Cyberpunk 2 (Project Orion, which entered pre-production in May 2025), the Witcher 1 remake, and Cyberpunk: Edgerunners Season 2. As of the end of 2025, eight projects were subject to capitalised development expenditure. Four of those remain unannounced: two gaming projects and one non-gaming project (the fourth being Songs of the Past, now revealed).
In Q1 2026, the CD Projekt Group generated 191 million PLN in revenues, up 6% year over year. Cyberpunk 2077 and The Witcher 3 continued to serve as the primary revenue drivers. On Steam alone, Cyberpunk 2077 averaged approximately 27,500 concurrent players over the past 30 days, with a peak of around 53,500. The game received a dedicated PS5 Pro technical update in April 2026.
What a Potential DLC Would Look Like
If the Erste Brokerage claim holds any truth, expectations should be calibrated carefully. Analysts and insiders agree this would not be a Phantom Liberty-scale expansion. The LinkedIn evidence from Virtuos points toward new side quests with fresh dialogue and potentially returning voice actors, not a new map region, perk tree overhaul, or sweeping story campaign.
CD Projekt Red has a clear distinction between “DLC” and “expansion” in its internal vocabulary. Free DLCs are smaller content drops such as cosmetics, weapons, and minor quest additions. Expansions are large, paid story-driven releases like Hearts of Stone, Blood and Wine, or Phantom Liberty. Any new Cyberpunk 2077 content would almost certainly fall into the former category based on the available evidence.
The Cyberpunk Universe Beyond the Game
While the DLC debate continues, the Cyberpunk brand is expanding in other directions. The Cyberpunk Trading Card Game raised over $28 million on Kickstarter, making it the most funded game campaign and the third most funded project in Kickstarter history. A collaboration between Wuthering Waves and Cyberpunk: Edgerunners launched in June 2026 with free playable characters from the anime series. These moves indicate that CDPR is actively monetising and extending the Cyberpunk IP across media, regardless of whether new game content arrives.
Michał Nowakowski, Joint CEO of CD Projekt, noted in the Q1 2026 earnings call that “Cyberpunk IP-related tie-in products have generated almost 70 million PLN since launch,” underscoring the franchise’s commercial value beyond the base game itself.
What Comes Next
The situation boils down to a credible analyst claim sitting against an official denial, with just enough ambiguity to keep speculation alive. CDPR’s wording (“if anything changes, we will inform you all”) is notably not a permanent shutdown. The existence of unannounced gaming projects in advanced production, combined with elevated Cyberpunk 2077 maintenance spending, provides at least circumstantial support for the analyst’s theory.
Gamescom in late August 2026 is the next major event where CDPR has confirmed it will share more about Songs of the Past. Whether any Cyberpunk 2077 news surfaces there or elsewhere before year’s end remains to be seen. For now, a return to Night City sits firmly in rumour territory, but the financial data and Virtuos connections make it difficult to dismiss entirely.
Key Questions Players Are Asking
Is a new Cyberpunk 2077 DLC confirmed?
No. CD Projekt Red has explicitly stated it has no plans for additional DLCs or expansions. The Erste Brokerage claim is based on analyst interpretation of financial data, not an official announcement.
How credible is the Erste Brokerage report?
The firm correctly predicted the announcement of The Witcher 3: Songs of the Past and its 2027 release window before CDPR confirmed it. This track record gives the Cyberpunk 2077 claim more weight than a typical rumour, though it remains unverified.
What role does Virtuos play?
Virtuos developed patches for Cyberpunk 2077, including the substantial Patch 2.3 update. A senior writer at the studio listed work on new Cyberpunk 2077 side quests and dialogue on their LinkedIn profile. Whether this work constitutes standalone DLC or was folded into an existing update is unclear.
Would a new DLC be as large as Phantom Liberty?
Almost certainly not. Both the analyst report and all available evidence suggest any new content would be smaller in scope: possibly new side quests, items, or gameplay additions rather than a full story expansion with a new region.
What are CDPR’s unannounced projects?
As of the Q1 2026 earnings report, CDPR had two unannounced gaming projects and one non-gaming project in advanced production. Songs of the Past was one such project. The identities of the remaining projects are unknown, and CDPR has declined to comment further, citing marketing strategy.
When could we learn more?
CDPR has confirmed it will share more about Songs of the Past at Gamescom in late August 2026. Any Cyberpunk 2077 announcements could come through official channels at any time, though the studio has given no indication of a timeline for potential reveals.
