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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