Royalty Pharma RPRX
NASDAQ RPRX
$58.61 -0.14 (-0.24%)
At close: Sep 11, 2026 · 4:00 PM EDT

Royalty Pharma (RPRX) Operating Expenses (2019 - 2026)

Royalty Pharma's (RPRX) quarterly Operating Expenses came in at $541.0 million in Q2 2026, up 46.67% year-over-year from $368.9 million in Q2 2025, and up 701.06% quarter-over-quarter from $67.5 million in Q1 2026.

Analysis

Royalty Pharma (RPRX) Operating Expenses (2019 - 2026) Analysis & Trends

Royalty Pharma has disclosed Operating Expenses across 8 years of filings, most recently posting $541.0 million for Q2 2026.

  • In Q2 2026, Operating Expenses rose 46.67% year-over-year to $541.0 million; the TTM figure through Jun 2026 stood at $1.0 billion (up 120.43% YoY), while the FY2025 annual figure was $818.7 million, down 15.7% from the prior year.
  • Operating Expenses came in at $541.0 million for Q2 2026 at Royalty Pharma, up from $67.5 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $1.0 billion in Q4 2022 to a low of -$170.4 million in Q3 2024.
  • Average Operating Expenses over 5 years is $288.4 million, with a median of $250.6 million recorded in 2024.
  • The largest YoY upside for Operating Expenses was 1479.41% in 2024 against a maximum downside of 144.27% in 2024.
  • Over 5 years, Operating Expenses stood at $1.0 billion in 2022, then sank by 101.61% to -$16.8 million in 2023, then jumped by 1479.41% to $232.1 million in 2024, then climbed by 0.64% to $233.6 million in 2025, then soared by 131.59% to $541.0 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $541.0 million in Q2 2026, $67.5 million in Q1 2026, and $233.6 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Orix 45.10 Bn 45.43 Bn 4.68 Bn 4.66 Bn
2 Royalty Pharma 33.70 Bn 35.82 Bn - 541.02 Mn
3 Royal Gold 21.36 Bn 21.23 Bn 390.45 Mn 173.18 Mn
4 OR Royalties 6.74 Bn 6.66 Bn 82.22 Mn -19.41 Mn
5 Encore Capital 2.09 Bn 1.91 Bn 455.04 Mn 304.97 Mn
6 Atlanticus Holdings 1.43 Bn 873.35 Mn 686.46 Mn 157.57 Mn
7 Jefferson Capital 1.23 Bn 1.21 Bn - 95.35 Mn
8 Upbound 1.07 Bn 962.16 Mn 594.84 Mn 540.58 Mn
9 Lufax Holding 1.06 Bn -1.22 Bn - -1.93 Bn
10 Burford Capital 957.39 Mn 1.61 Bn - 47.44 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 541.02 Mn
Mar 31, 2026 67.54 Mn
Dec 31, 2025 233.61 Mn
Sep 30, 2025 182.14 Mn
Jun 30, 2025 368.87 Mn
Mar 31, 2025 34.07 Mn
Dec 31, 2024 232.13 Mn
Sep 30, 2024 -170.38 Mn
Jun 30, 2024 267.64 Mn
Mar 31, 2024 641.75 Mn
Dec 31, 2023 -16.83 Mn
Sep 30, 2023 384.87 Mn
Jun 30, 2023 289.36 Mn
Mar 31, 2023 205.00 Mn
Dec 31, 2022 1.05 Bn
Sep 30, 2022 381.25 Mn
Jun 30, 2022 158.16 Mn
Mar 31, 2022 342.33 Mn
Dec 31, 2021 422.28 Mn
Sep 30, 2021 282.72 Mn