v3.25.4
Summary of Significant Accounting Policies (Details)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
USD ($)
noncontrolling_interest
shares
May 16, 2025
shares
Jan. 10, 2025
shares
Feb. 11, 2020
Dec. 31, 2025
USD ($)
segment
noncontrolling_interest
shares
Dec. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
New Accounting Pronouncements or Change in Accounting Principle [Line Items]                
Number of noncontrolling interests created | noncontrolling_interest 4       4      
Shareholders' equity | $ $ 9,714,939       $ 9,714,939 $ 10,342,366 $ 10,084,289 $ 9,525,373
Number of reportable segments | segment         1      
RP Holdings Class E Interests Holders                
New Accounting Pronouncements or Change in Accounting Principle [Line Items]                
Share exchange basis | shares         1      
Retained Earnings                
New Accounting Pronouncements or Change in Accounting Principle [Line Items]                
Shareholders' equity | $ $ 2,356,318       $ 2,356,318 2,845,653 $ 2,517,583 $ 1,964,689
Cumulative Effect, Period of Adoption, Adjustment                
New Accounting Pronouncements or Change in Accounting Principle [Line Items]                
Shareholders' equity | $           (12,000)    
Cumulative Effect, Period of Adoption, Adjustment | Retained Earnings                
New Accounting Pronouncements or Change in Accounting Principle [Line Items]                
Shareholders' equity | $           $ (12,000)    
Vertex | Current portion of Financial royalty assets | Customer Concentration Risk                
New Accounting Pronouncements or Change in Accounting Principle [Line Items]                
Individual licensees exceeding 10% or more of revenue (as a percent)         32.00% 34.00%    
RP Holdings | RP Holdings Class E Interests Holders                
New Accounting Pronouncements or Change in Accounting Principle [Line Items]                
Number of equity shares | shares   24,500,000 24,500,000          
RP Holdings Class E Interests Holders | RP Holdings                
New Accounting Pronouncements or Change in Accounting Principle [Line Items]                
Number of equity shares | shares 24,450,000 24,500,000            
Share exchange basis | shares         1      
Exchange Offer | Legacy Investors Partnerships                
New Accounting Pronouncements or Change in Accounting Principle [Line Items]                
Exchange offering, ownership percentage       82.00%        
Royalty Pharma Investments                
New Accounting Pronouncements or Change in Accounting Principle [Line Items]                
Ownership percentage (as a percent)               82.00%
Old RPI | Legacy Investors Partnerships                
New Accounting Pronouncements or Change in Accounting Principle [Line Items]                
Noncontrolling interest (as a percent) 18.00%       18.00%      
Old RPI | Exchange Offer                
New Accounting Pronouncements or Change in Accounting Principle [Line Items]                
Ownership percentage (as a percent)       82.00%        
RPCT                
New Accounting Pronouncements or Change in Accounting Principle [Line Items]                
Ownership percentage (as a percent)       66.00%        
RPSFT | Exchange Offer                
New Accounting Pronouncements or Change in Accounting Principle [Line Items]                
Ownership percentage (as a percent)             34.00%