NASDAQ$RPRX

Royalty Pharma PLC · Q4 2025 earnings

Q4 2025 earnings · · Before market open · Investor relations

Briefing

Royalty Pharma reported Q4 2025 Portfolio Receipts of $874M (+18% YoY) and net income attributable to Royalty Pharma of $214M.

Portfolio Receipts grew 18% to $874 million; Royalty Receipts rose 17% to $856 million. Net income attributable to Royalty Pharma was $214 million. The company repurchased shares and guided 2026 Portfolio Receipts to $3.275B–$3.425B.

  • Portfolio Receipts $874M (+18%).
  • Royalty Receipts $856M (+17%).
  • 2026 Portfolio Receipts guide $3.28B–$3.43B.
  • Dividend increased 7% for Q1 2026.

Headline financials

Total Revenue

$874M

Previous: $594M+47.1%
EPS (adj)

$1.47

Previous: $1.16+26.7%
Net Income

$214M

Previous: $208M+2.9%
Operating Income

$388M

Previous: $362M+7.2%

Revenue & EPS history

Royalty Pharma · Revenue · Quarterly

$874M

Q4 2025+47.1%vs Q4 2024
Beat estimate in 3 of 15 quarters(20%)
ActualEstimate

Revenue by segment

Royalty Pharma · $687M total across 13 segments · Q3 2023

  • Cystic Fibrosis Franchise
    $238M+14.4%
  • Tysabri
    $87M-4.4%
  • Imbruvica
    $62M-16.2%
  • Trelegy
    $58M+34.9%
  • Promacta
    $54M+8.0%
  • Xtandi
    $47M+2.2%
  • Other Products
    $46M-37.0%
  • Tremfya
    $27M+28.6%
  • Cabometyx/Cometriq
    $17M+13.3%
  • Evrysdi
    $16M+60.0%
  • Spinraza
    $15M
  • Trodelvy
    $11M+83.3%
  • Erleada
    $9M+50.0%

Forward guidance

Royalty Pharma expects 2026 Portfolio Receipts of $3.275B–$3.425B with Royalty Receipts growth of 3%–8%.

Tailwinds

  • Robust royalty transaction pipeline.
  • Pivotal readouts for pipeline assets in 2026.
  • Active share repurchases.

Headwinds

  • Royalty Receipt growth moderating vs 2025.
  • Clinical trial binary risks on key assets.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2025

Historical avgQ4 2025

-0.6%

Avg return

Earnings day

+0.1%

Avg return

5 days after

+0.9%

Avg return

30 days after

43%

10 / 23 earnings

Positive

+6.8%

Q3 2025

Best reaction

-8.1%

Q1 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-1.0%+2.4%+10.7%
Q4 2025+0.1%+2.2%+3.3%
Q3 2025+6.8%+1.8%+5.0%
Q1 2025+0.9%+0.2%+3.1%
Q4 2024+1.7%+2.0%+3.0%
Q3 2024-3.7%-4.3%-5.9%
Q2 2024-3.6%-1.4%+5.3%
Q1 2024+0.4%+0.3%-1.9%
Q4 2023+2.1%+3.4%+2.7%
Q3 2023-0.5%-1.6%+3.7%
Q2 2023-0.9%-1.1%-6.4%
Q1 2023-4.7%-2.7%-2.8%
Q4 2022-2.0%-0.4%-8.8%
Q3 2022+1.6%+3.7%-0.1%
Q2 2022-0.9%+1.9%-1.8%
Q1 2022-8.1%-12.8%-6.2%
Q4 2021+3.6%+0.8%+1.7%
Q3 2021+1.5%+5.3%-4.6%
Q2 2021+2.7%+5.0%+5.6%
Q1 2021-2.2%-1.8%+12.4%
Q4 2020-2.1%+1.1%-1.5%
Q3 2020-1.6%+2.8%+10.3%
Q2 2020-3.0%-4.2%-5.9%
Q1 2020
Q4 2019
Q3 2019
Q2 2019
Q1 2019
Q3 2017
Q2 2017
Q1 2017
Q4 2016
Q3 2016
Q2 2016
Q1 2016
Q4 2015
Q3 2015
Q2 2015
Q1 2015
Q4 2014
Q3 2014
Q2 2014
Q1 2014
Q4 2013
Q3 2013
Q2 2013
Q1 2013
Q4 2012
Q3 2012
Q2 2012

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