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v3.26.1

Summary of Significant Accounting Policies (Details) $ in Thousands, shares in Millions |  |  | 3 Months Ended | 12 Months Ended |  |  |  |
--- | --- | --- | --- | --- | --- | --- | --- | ---
Mar. 31, 2026 USD ($) noncontrolling_interest shares | Feb. 11, 2020 | Mar. 31, 2026 USD ($) noncontrolling_interest segment | Dec. 31, 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 |  |  |  |  |
Shareholders' equity | $ 9,936,833 |  | $ 9,936,833 | $ 9,714,939 | $ 9,777,657 |  | $ 10,342,366 |
Number of reportable segments | segment |  |  | 1 |  |  |  |  |
2356318000 |  |  |  |  |  |  |  |
New Accounting Pronouncements or Change in Accounting Principle [Line Items] |  |  |  |  |  |  |  |
Shareholders' equity | $ 2,507,091 |  | $ 2,507,091 | $ 2,356,318 | $ 2,469,664 |  | 2,845,653 |
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 | 2356318000 |  |  |  |  |  |  |  |
New Accounting Pronouncements or Change in Accounting Principle [Line Items] |  |  |  |  |  |  |  |
Shareholders' equity |  |  |  |  |  | $ 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) |  |  | 31.00% | 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 | 24.2 |  |  |  |  |  |  |
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% |  |  |  |  |  |

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