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Nasdaq · Healthcare

Royalty Pharma plc (RPRX)

As-reported financials and SEC filings for Royalty Pharma plc. The latest annual period is FY2025. The latest reported quarter is Q2 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About Royalty Pharma plc

Royalty Pharma plc is a company that buys biopharmaceutical royalties and funds innovation in the biopharmaceutical industry. It holds a portfolio of royalties on over 35 commercial products and 20 development-stage candidates, receiving payments based on the sales of these therapies. The company works with academic institutions, biotechnology firms, and global pharmaceutical companies to invest in and acquire royalties on approved and late-stage drug candidates.

Snapshot

Revenue
$2.38B
Revenue growth (YoY)
5.1%
Net income
$770.9M
Diluted EPS
$1.78
Gross margin
—
Operating margin
65.6%
Net margin
32.4%
FCF margin
—
ROE
7.9%
net income / fiscal-year-end equity
P/E
30.1×
trailing when available, otherwise FY EPS
Market cap
$34.09B
Long-term debt / equity
0.88×
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Royalty Pharma

  • Revenue grew 5.1% to $2.4B in FY2025, after a 3.9% decline the year before.
  • Operating margin is 65.6% in FY2025, +3.1 pp against 62.5% in FY2021.
  • Most recent quarter Q2 FY2026: revenue $674M, up 16.5% from Q2 FY2025.
  • Net income fell 10.2% to $771M in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Royalty Pharma’s fundamentals sit among the 198 pharmaceutical companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Operating margin65.6%
99th percentile of 112
Net margin32.4%
87th percentile of 121
Revenue growth (YoY)+5.1%
42nd percentile of 188
ROE7.9%
72nd percentile of 167
P/E30.1×
67th percentile of 50
Long-term debt / equity0.88×
76th percentile of 64
Short interest4.44d
39th percentile of 197

Royalty Pharma’s operating margin of 65.6% ranks in the 99th percentile of the 112 pharmaceutical companies reporting it. Royalty Pharma’s net margin of 32.4% ranks in the 87th percentile of the 121 pharmaceutical companies reporting it.

No reported insider purchases (code P) in the last 90 days; 7 insider sales totaling $13.0M. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among industry peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
code P
Bought (90d)
—
code P value
Sells (90d)
7
$13.0M
Reported activity
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-10-05
Marshall UristEVP, Research & InvestmentsSell4.1K$57.10$236K
2026-09-28
filed 2026-09-30
Marshall UristEVP, Research & InvestmentsSell4.1K$57.88$239K
2026-09-22
filed 2026-09-24
Christopher HiteEVP & Chairman, PartneringSell96.1K$58.51$5.6M
2026-09-22
filed 2026-09-24
Christopher HiteEVP & Chairman, PartneringSell3.9K$58.93$231K
2026-08-18
filed 2026-08-19
Christopher HiteEVP & Chairman, PartneringSell100.0K$59.97$6.0M
2026-08-13
filed 2026-08-17
Terrance P. CoyneEVP & CFOSell9.2K$58.59$541K
2026-08-13
filed 2026-08-17
Terrance P. CoyneEVP & CFOSell1.8K$59.14$105K
2026-07-01
filed 2026-07-02
Marshall UristEVP, Research & InvestmentsSell9.1K$55.88$508K
2026-06-30
filed 2026-07-02
Christopher HiteEVP & Chairman, PartneringSell97.4K$56.50$5.5M
2026-06-30
filed 2026-07-02
Christopher HiteEVP & Chairman, PartneringSell29.4K$56.44$1.7M
2026-06-30
filed 2026-07-02
Christopher HiteEVP & Chairman, PartneringSell2.6K$57.10$146K
2026-06-30
filed 2026-07-02
Christopher HiteEVP & Chairman, PartneringSell600$57.09$34K

Reported non-derivative purchases and sales (codes P/S), which may be open-market or private. Excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
12.9M
settled 2026-09-30
Change vs prior
+10.6%
vs previous settlement
Days to cover
4.44
at avg daily volume
Avg daily volume
2.9M
FINRA reported
SettlementShares shortChangeDays to cover
2026-09-3012.9M+10.6%4.44
2026-09-1511.6M-2.1%3.25
2026-08-3111.9M+2.6%5.05
2026-08-1411.6M+8.8%3.77
2026-07-3110.7M-12.1%4.07
2026-07-1512.1M-2.5%4.44
2026-06-3012.4M+11.8%2.98
2026-06-1511.1M-3.9%3.04

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$2.38B$2.26B$2.35B$2.24B$2.29B
Gross profit—————
Operating income$1.56B$1.29B$1.49B$307.1M$1.43B
Net income$770.9M$859.0M$1.13B$42.8M$619.7M
Diluted EPS$1.78$1.91$2.53$0.10$1.49

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Full details: where the numbers come from.

Balance sheet (as reported)

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$2.49B$2.77B$2.99B$2.14B$2.02B
Capital expenditure—————
Free cash flow—————

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Full details: where the numbers come from.

Quarterly trend

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$674.1M16.5%$17.9M$0.04
Q1 FY2026$630.6M11.0%$294.7M$0.67
Q4 FY20254.8%
Q3 FY2025$609.3M7.9%$288.2M$0.67
Q2 FY2025$578.7M7.7%$32.2M$0.07
Q1 FY2025$568.2M0.0%$239.3M$0.55
Q4 FY2024-0.4%
Q3 FY2024$564.7M5.3%$544.0M$1.21

Latest 8 quarters, from company XBRL filings on SEC EDGAR. A dotted underline marks a fourth-quarter figure we calculated from the full year and the first nine months. Revenue YoY is our calculation too: each quarter against the same quarter a year earlier.

Company facts

ExchangeNasdaq
SectorHealthcare
SIC industryPharmaceutical Preparations
Latest annual periodFY2025 (ended December 31, 2025)
Latest reported quarterQ2 FY2026 (ended June 30, 2026)
Oldest indexed filing2020
SEC CIK1802768

Selected SEC filings

10-K2026-02-11
View on EDGAR →
10-K2025-02-12
View on EDGAR →
10-Q2026-08-05
View on EDGAR →
10-Q2026-05-06
View on EDGAR →
10-Q2025-11-05
View on EDGAR →
10-Q2025-08-06
View on EDGAR →
8-K2026-08-05
View on EDGAR →
8-K2026-06-04
View on EDGAR →

Largest pharmaceutical peers

All pharmaceutical stocks →All Healthcare companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.