v3.26.1
Shareholders' Equity - Narrative (Details)
 3 Months Ended 6 Months Ended
Jun. 30, 2026
USD ($)
class
vote
shares
May 16, 2025
shares
Jan. 10, 2025
shares
Jun. 30, 2026
USD ($)
class
quarterly_dividend
vote
$ / shares
shares
Mar. 31, 2026
quarterly_dividend
$ / shares
shares
Jun. 30, 2025
USD ($)
$ / shares
shares
Jun. 30, 2026
USD ($)
class
vote
$ / shares
shares
Jun. 30, 2026
USD ($)
class
vote
£ / shares
shares
Jun. 30, 2025
USD ($)
$ / shares
shares
Dec. 31, 2025
shares
Mar. 31, 2025
shares
Jan. 31, 2025
USD ($)
Dec. 31, 2024
shares
Class of Stock [Line Items]                          
Number of classes of stock | class 2     2     2 2          
Number of votes per share | vote 1     1     1 1          
Quarterly conversion basis (in shares) 100.00%     100.00%     100.00% 100.00%          
Stock repurchase program, authorized repurchase amount | $                       $ 3,000,000,000.0  
Stock repurchased and retired value during the period | $       $ 45,434,000   $ 276,935,000 $ 95,579,000   $ 1,000,044,000        
Share repurchase program, remaining authorized, amount | $ $ 1,700,000,000     $ 1,700,000,000     $ 1,700,000,000 $ 1,700,000,000          
Percentage of net economic profit             20.00%            
Portfolio investment period             2 years            
Requisite service period (in years)             4 years            
Number of quarterly cash dividends | quarterly_dividend       2 2                
Dividends paid (in dollars per share) | $ / shares       $ 0.235 $ 0.235                
Dividends declared and paid | $             $ 209,400,000            
Royalty Pharma plc                          
Class of Stock [Line Items]                          
Ownership percentage (as a percent) 78.00%     78.00%   74.00% 78.00% 78.00% 74.00%        
RP Holdings Class E Interests Holders                          
Class of Stock [Line Items]                          
Vested (in shares) 4,900,000     4,900,000     4,900,000 4,900,000          
RP Holdings Class E Interests Holders | RP Holdings                          
Class of Stock [Line Items]                          
Noncontrolling interest (as percent) 4.00%     4.00%   4.00% 4.00% 4.00% 4.00%        
Continuing Investors Partnerships | RP Holdings                          
Class of Stock [Line Items]                          
Noncontrolling interest (as percent) 18.00%     18.00%   22.00% 18.00% 18.00% 22.00%        
RP Holdings | RP Holdings Class E Interests Holders                          
Class of Stock [Line Items]                          
Number of equity shares issued (in shares) 23,800,000                        
Share exchange basis             1            
Equity Performance Awards                          
Class of Stock [Line Items]                          
EPAs earned | $       $ 16,700,000   $ 2,000,000.0 $ 50,200,000   $ 43,500,000        
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 issued (in shares)   24,500,000 24,500,000     24,500,000              
Deferred Shares                          
Class of Stock [Line Items]                          
Shares, outstanding (in shares) 430,189,000     430,189,000 427,355,000 409,032,000 430,189,000 430,189,000 409,032,000 411,475,000 394,513,000   392,255,000
Class A Ordinary Shares                          
Class of Stock [Line Items]                          
Common shares outstanding (in shares) 445,745,000     445,745,000     445,745,000 445,745,000   428,669,000      
Stock repurchased and retired during period (in shares)             2,000,000.0            
Stock repurchased and retired value during the period | $             $ 95,600,000            
Dividends paid (in dollars per share) | $ / shares       $ 0.235   $ 0.22 $ 0.47   $ 0.44        
Class B Ordinary Shares                          
Class of Stock [Line Items]                          
Common shares outstanding (in shares) 129,724,000     129,724,000     129,724,000 129,724,000   148,438,000      
Class R Redeemable Shares                          
Class of Stock [Line Items]                          
Common shares outstanding (in shares) 50,000     50,000     50,000 50,000   50,000      
Shares, outstanding (in shares) 50,000     50,000     50,000 50,000          
Redeemable stock, redemption price (in pound per share) | £ / shares               $ 1