Royalty Pharma (RPRX) Net Margin (2019 - 2026)
Royalty Pharma (RPRX) posted Net Margin of 74.26% for Q1 2026, up 29.77% sequentially from 57.22% in Q4 2025, and down 219.0% YoY from 62.4% in Q1 2025.
Powered by 
Analysis
Royalty Pharma (RPRX) Net Margin (2019 - 2026) Analysis & Trends
Royalty Pharma has reported Net Margin for 8 years, with the latest figure at 74.26% in Q1 2026.
- Quarterly Net Margin fell 219.0% year-over-year to 74.26% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 55.69% (down 2248.0% YoY) and the FY2025 annual result came in at 55.68%, down 311.0% from the prior year.
- Net Margin grew to 74.26% in Q1 2026 per RPRX's latest filing, from 57.22% in the prior quarter.
- Over five years, Net Margin peaked at 142.8% in Q3 2024 and troughed at 107.83% in Q4 2022.
- A 5-year average of 50.53% and a median of 57.22% in 2025 frame the typical range for Net Margin.
- The sharpest annual moves came in 2022 and 2023: Net Margin tumbled 11715 bps in 2022, then jumped 22821 bps in 2023.
- Over 5 years, Net Margin stood at 107.83% in 2022, then soared by 212 bps to 120.39% in 2023, then tumbled by 53 bps to 56.32% in 2024, then increased by 2 bps to 57.22% in 2025, then gained by 30 bps to 74.26% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 74.26%, 57.22%, and 72.91% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 139.76 Bn | 131.91 Bn | 2.84 Bn | 32.99% |
| 2 | Regeneron Pharmaceuticals | 85.72 Bn | 77.72 Bn | 3.93 Bn | 30.23% |
| 3 | Argenx Se | 63.56 Bn | 58.38 Bn | 1.37 Bn | 31.16% |
| 4 | Moderna | 57.87 Bn | 52.73 Bn | 52.00 Mn | -539.31% |
| 5 | Revolution Medicines | 44.06 Bn | 44.06 Bn | - | - |
| 6 | BeOne Medicines | 40.08 Bn | 34.98 Bn | 1.53 Bn | 13.90% |
| 7 | Alnylam Pharmaceuticals | 35.50 Bn | 32.20 Bn | 992.69 Mn | 12.74% |
| 8 | Royalty Pharma | 28.54 Bn | 27.70 Bn | - | 12.09% |
| 9 | Insmed | 27.49 Bn | 26.33 Bn | 358.27 Mn | -3.12% |
| 10 | Incyte | 25.59 Bn | 21.06 Bn | 1.57 Bn | 34.98% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 12.09% |
| Mar 31, 2026 | 74.26% |
| Dec 31, 2025 | 57.22% |
| Sep 30, 2025 | 72.91% |
| Jun 30, 2025 | 16.01% |
| Mar 31, 2025 | 76.45% |
| Dec 31, 2024 | 56.32% |
| Sep 30, 2024 | 142.80% |
| Jun 30, 2024 | 36.18% |
| Mar 31, 2024 | -0.75% |
| Dec 31, 2023 | 120.39% |
| Sep 30, 2023 | 22.76% |
| Jun 30, 2023 | 65.28% |
| Mar 31, 2023 | 74.43% |
| Dec 31, 2022 | -107.83% |
| Sep 30, 2022 | 38.44% |
| Jun 30, 2022 | 91.72% |
| Mar 31, 2022 | 22.79% |
| Dec 31, 2021 | 9.32% |
| Sep 30, 2021 | 37.86% |