v3.25.4
Shareholders' Equity - Narrative (Details)
 3 Months Ended 12 Months Ended
Dec. 31, 2025
USD ($)
class
vote
shares
May 16, 2025
shares
Jan. 10, 2025
shares
Dec. 31, 2025
USD ($)
quarterly_dividend
class
vote
$ / shares
shares
Sep. 30, 2025
quarterly_dividend
$ / shares
Jun. 30, 2025
quarterly_dividend
$ / shares
Mar. 31, 2025
quarterly_dividend
$ / shares
Dec. 31, 2025
USD ($)
class
vote
$ / shares
shares
Dec. 31, 2025
USD ($)
class
vote
£ / shares
shares
Dec. 31, 2024
USD ($)
$ / shares
shares
Dec. 31, 2023
USD ($)
$ / shares
shares
Jan. 31, 2025
USD ($)
Dec. 31, 2022
shares
Class of Stock [Line Items]                          
Number of classes of voting shares | class 2     2       2 2        
Voting rights, number of shares | vote 1     1       1 1        
Common stock conversion basis 1     1       1 1        
Stock repurchase program, authorized amount | $                       $ 3,000,000,000  
Value of stock repurchased and retired | $               $ 1,227,084,000   $ 229,913,000 $ 304,759,000    
Share repurchase program, remaining authorized, amount | $ $ 1,800,000,000     $ 1,800,000,000       $ 1,800,000,000 $ 1,800,000,000        
Purchase of non-controlling interest | $                   $ 12,500,000 $ 11,400,000    
Percentage of net economic profit (as a percent)               20.00%          
Portfolio investment period               2 years          
Requisite service period (in years)               4 years          
Number of quarterly cash dividends | quarterly_dividend       4 4 4 4            
Dividends paid (in dollars per share) | $ / shares       $ 0.22 $ 0.22 $ 0.22 $ 0.22            
Dividends declared and paid | $               $ 378,300,000          
Royalty Pharma plc                          
Class of Stock [Line Items]                          
Ownership percentage (as a percent) 74.00%     74.00%       74.00% 74.00% 76.00% 75.00%    
RP Holdings Class E Interests Holders                          
Class of Stock [Line Items]                          
Vested (in shares) 2,800,000     2,800,000       2,800,000 2,800,000        
RP Holdings Class E Interests Holders | RP Holdings                          
Class of Stock [Line Items]                          
Noncontrolling interest (as a percent) 4.00%     4.00%       4.00% 4.00%        
Continuing Investors Partnerships | RP Holdings                          
Class of Stock [Line Items]                          
Noncontrolling interest (as a percent) 22.00%     22.00%       22.00% 22.00% 24.00% 25.00%    
RP Holdings | RP Holdings Class E Interests Holders                          
Class of Stock [Line Items]                          
Number of equity shares 24,450,000 24,500,000                      
Share exchange basis               1          
Equity Performance Awards                          
Class of Stock [Line Items]                          
Total awards earned | $               $ 81,186,000          
RP Holdings Class E Interests Holders                          
Class of Stock [Line Items]                          
Share exchange basis               1          
RP Holdings Class E Interests Holders | RP Holdings                          
Class of Stock [Line Items]                          
Number of equity shares   24,500,000 24,500,000                    
Deferred Shares                          
Class of Stock [Line Items]                          
Shares, outstanding (in shares) 411,475,000     411,475,000       411,475,000 411,475,000 392,255,000 384,640,000   371,325,000
Class A Ordinary Shares                          
Class of Stock [Line Items]                          
Number of stock repurchased and retired (in shares)               37,400,000   8,400,000      
Value of stock repurchased and retired | $               $ 1,200,000,000   $ 229,900,000      
Dividends paid (in dollars per share) | $ / shares               $ 0.88   $ 0.84 $ 0.80    
Class A Ordinary Shares | Common Stock                          
Class of Stock [Line Items]                          
Shares, outstanding (in shares) 428,669,000     428,669,000       428,669,000 428,669,000 445,985,000 446,692,000   443,166,000
Number of stock repurchased and retired (in shares)               37,413,000   8,403,000 9,846,000    
Value of stock repurchased and retired | $               $ 4,000   $ 1,000 $ 1,000    
Class B Ordinary Shares | Common Stock                          
Class of Stock [Line Items]                          
Shares, outstanding (in shares) 148,438,000     148,438,000       148,438,000 148,438,000 143,128,000 150,743,000   164,058,000
Class R Redeemable Shares                          
Class of Stock [Line Items]                          
Redeemable stock, redemption price (in pound per share) | £ / shares                 $ 1        
Class R Redeemable Shares | Common Stock                          
Class of Stock [Line Items]                          
Shares, outstanding (in shares) 50,000     50,000       50,000 50,000 50,000 50,000   50,000