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Shareholders' Equity - Narrative (Details) |  |  |  | 3 Months Ended |  |  |
--- | --- | --- | --- | --- | --- | --- | ---
Mar. 31, 2026 USD ($) class vote shares | May 16, 2025 shares | Jan. 10, 2025 shares | Mar. 31, 2026 USD ($) class vote quarterly_dividend $ / shares shares | Mar. 31, 2026 USD ($) class vote £ / shares shares | Jun. 30, 2025 shares | Mar. 31, 2025 USD ($) $ / shares shares | Dec. 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 |  |  |  |  |
Number of votes per share | vote | 1 |  |  | 1 | 1 |  |  |  |  |
Quarterly conversion basis (in shares) | 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 | $ |  |  |  | $ 50,145,000 |  |  | $ 723,110,000 |  |  |
Share repurchase program, remaining authorized, amount | $ | $ 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 |  |  |  |  |  |
Decrease from distributions to noncontrolling interest holders | $ |  |  |  | $ 139,210,000 |  |  | $ 171,443,000 |  |  |
Number of quarterly cash dividends | quarterly_dividend |  |  |  | 1 |  |  |  |  |  |
Dividends paid (in dollars per share) | $ / shares |  |  |  | $ 0.235 |  |  |  |  |  |
Dividends declared and paid | $ |  |  |  | $ 104,500,000 |  |  |  |  |  |
Royalty Pharma plc |  |  |  |  |  |  |  |  |  |
Class of Stock [Line Items] |  |  |  |  |  |  |  |  |  |
Ownership percentage (as a percent) | 77.00% |  |  | 77.00% | 77.00% |  | 75.00% |  |  |
RP Holdings Class E Interests Holders |  |  |  |  |  |  |  |  |  |
Class of Stock [Line Items] |  |  |  |  |  |  |  |  |  |
Vested (in shares) | 3,800,000 |  |  | 3,800,000 | 3,800,000 |  |  |  |  |
RP Holdings Class E Interests Holders | RP Holdings |  |  |  |  |  |  |  |  |  |
Class of Stock [Line Items] |  |  |  |  |  |  |  |  |  |
Noncontrolling interest (as percent) | 4.00% |  |  | 4.00% | 4.00% |  |  |  |  |
Continuing Investors Partnerships | RP Holdings |  |  |  |  |  |  |  |  |  |
Class of Stock [Line Items] |  |  |  |  |  |  |  |  |  |
Noncontrolling interest (as percent) | 19.00% |  |  | 19.00% | 19.00% |  | 25.00% |  |  |
RP Holdings | RP Holdings Class E Interests Holders |  |  |  |  |  |  |  |  |  |
Class of Stock [Line Items] |  |  |  |  |  |  |  |  |  |
Number of equity shares issued (in shares) | 24,200,000 |  |  |  |  |  |  |  |  |
Share exchange basis |  |  |  | 1 |  |  |  |  |  |
Equity Performance Awards |  |  |  |  |  |  |  |  |  |
Class of Stock [Line Items] |  |  |  |  |  |  |  |  |  |
Decrease from distributions to noncontrolling interest holders | $ |  |  |  | $ 33,500,000 |  |  | $ 41,500,000 |  |  |
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) | 427,355,000 |  |  | 427,355,000 | 427,355,000 |  | 394,513,000 | 411,475,000 |  | 392,255,000
Class A Ordinary Shares |  |  |  |  |  |  |  |  |  |
Class of Stock [Line Items] |  |  |  |  |  |  |  |  |  |
Common shares outstanding (in shares) | 443,628,000 |  |  | 443,628,000 | 443,628,000 |  |  | 428,669,000 |  |
Stock repurchased and retired during period (in shares) |  |  |  | 1,100,000 |  |  |  |  |  |
Stock repurchased and retired value during the period | $ |  |  |  | $ 50,100,000 |  |  |  |  |  |
Dividends paid (in dollars per share) | $ / shares |  |  |  | $ 0.235 |  |  | $ 0.22 |  |  |
Class B Ordinary Shares |  |  |  |  |  |  |  |  |  |
Class of Stock [Line Items] |  |  |  |  |  |  |  |  |  |
Common shares outstanding (in shares) | 132,558,000 |  |  | 132,558,000 | 132,558,000 |  |  | 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 |  |
Shares, outstanding (in shares) | 50,000 |  |  | 50,000 | 50,000 |  |  |  |  |
Redeemable stock, redemption price (in pound per share) | £ / shares |  |  |  |  | $ 1 |  |  |  |  |

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