v3.26.1
Summary of Significant Accounting Policies (Details)
$ in Thousands, shares in Millions
6 Months Ended 12 Months Ended
Jun. 30, 2026
USD ($)
noncontrolling_interest
shares
Feb. 11, 2020
Jun. 30, 2026
USD ($)
noncontrolling_interest
segment
Dec. 31, 2025
USD ($)
Mar. 31, 2026
USD ($)
Jun. 30, 2025
USD ($)
Mar. 31, 2025
USD ($)
Jan. 01, 2025
USD ($)
Dec. 31, 2024
USD ($)
Dec. 31, 2022
New Accounting Pronouncements or Change in Accounting Principle [Line Items]                    
Number of noncontrolling interests created | noncontrolling_interest 4   4              
Cumulative adjustment to retained earnings $ 9,785,714   $ 9,785,714 $ 9,714,939 $ 9,936,833 $ 9,493,940 $ 9,777,657   $ 10,342,366  
Number of reportable segments | segment     1              
Number of operating segments | segment     1              
Retained Earnings                    
New Accounting Pronouncements or Change in Accounting Principle [Line Items]                    
Cumulative adjustment to retained earnings $ 2,459,089   $ 2,459,089 $ 2,356,318 2,507,091 $ 2,213,750 $ 2,469,664   2,845,653  
Retained Earnings | Revision of Prior Period, Accounting Standards Update, Adjustment                    
New Accounting Pronouncements or Change in Accounting Principle [Line Items]                    
Cumulative adjustment to retained earnings         (39,200)          
AOCI Attributable to Parent | Revision of Prior Period, Accounting Standards Update, Adjustment                    
New Accounting Pronouncements or Change in Accounting Principle [Line Items]                    
Cumulative adjustment to retained earnings         39,200          
Cumulative Effect, Period of Adoption, Adjustment                    
New Accounting Pronouncements or Change in Accounting Principle [Line Items]                    
Cumulative adjustment to retained earnings                 (12,000)  
Cumulative Effect, Period of Adoption, Adjustment | Retained Earnings                    
New Accounting Pronouncements or Change in Accounting Principle [Line Items]                    
Cumulative adjustment to retained earnings         $ 39,176     $ 12,000 $ (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 percent)     30.00% 32.00%            
RP Holdings Class E Interests Holders | RP Holdings                    
New Accounting Pronouncements or Change in Accounting Principle [Line Items]                    
Number of equity shares issued (in shares) | shares 23.8                  
Exchange Offer Transaction | Legacy Investors Partnerships                    
New Accounting Pronouncements or Change in Accounting Principle [Line Items]                    
Exchange offering, ownership percentage (as a percent)   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 percent) 18.00%   18.00%              
Old RPI | Exchange Offer Transaction                    
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%