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Royalty Pharma plcStock · Health Care
$58.60+$0.04 (+0.07%)as of market close, Aug 14, 2026
☾ After hours:$58.60+0.00%3:59 PM ET
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How Royalty Pharma makes money

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How does Royalty Pharma make money? This Sankey traces every dollar of revenue through the income statement — into cost of revenue, R&D, SG&A, and taxes — and shows what's left as profit. Pick any fiscal year, recent quarter, or the trailing twelve months. Straight from SEC filings.

Royalty Pharma plc · FY2025 · year ended 2025-12-31
Revenue$2.4BGross profit$2.4B · 100%Cost of revenue$0 · 0%Operating income$1.6B · 66%Operating expenses$819M · 34%R&D$452M · 19%Other opex$367M · 15%Pre-tax income$771M · 32%Other expense$789M · 33%Net income$771M · 32%Financial Royalty Assets$2.3B · 95%Royalty Income Other$117M · 5%

Each fiscal year from SEC filings. Percentages are share of revenue, so the green profit nodes read directly as gross / operating / net margin. Line items a company doesn't break out are derived from their siblings so the flows balance; small residuals show as “Other.” For informational purposes only.