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

Royalty Pharma's (RPRX) quarterly Operating Margin came in at 89.29% in Q1 2026, down 472.0% year-on-year from 24.0% in Q1 2025, and up 43.0% quarter-over-quarter from 62.44% in Q4 2025.

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

Royalty Pharma has disclosed Operating Margin across 8 years of filings, most recently posting 89.29% for Q1 2026.

  • Operating Margin for Q1 2026 came in at 89.29%, down 472.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 65.08% (down 1886.0% YoY), and the FY2025 annual result was 65.58%, up 848.0% from the prior year.
  • Operating Margin came in at 89.29% for Q1 2026 at Royalty Pharma, up from 62.44% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 130.17% in Q3 2024 to a low of 85.31% in Q4 2022.
  • The 5-year median for Operating Margin is 60.9% (2024), against an average of 52.09%.
  • Across the five-year window, Operating Margin sank 11196 bps in 2022 and soared 18814 bps in 2023, its largest moves.
  • Royalty Pharma's Operating Margin stood at 85.31% in 2022, then surged by 221 bps to 102.82% in 2023, then tumbled by 41 bps to 60.9% in 2024, then increased by 3 bps to 62.44% in 2025, then surged by 43 bps to 89.29% in 2026.
  • The last three Operating Margin figures came in at 89.29% (Q1 2026), 62.44% (Q4 2025), and 70.11% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - -
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - -
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - -
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn -6.43%
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - -
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - -
7 Psyence Biomedical 212.16 Bn 212.16 Bn - -
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn 38.10%
9 Abivax 91.96 Bn 91.96 Bn - -
10 Royalty Pharma 23.13 Bn 25.57 Bn - 89.29%

Historic Data

Download Data
DateValue
Mar 31, 2026 89.29%
Dec 31, 2025 62.44%
Sep 30, 2025 70.11%
Jun 30, 2025 36.26%
Mar 31, 2025 94.01%
Dec 31, 2024 60.90%
Sep 30, 2024 130.17%
Jun 30, 2024 50.19%
Mar 31, 2024 -12.99%
Dec 31, 2023 102.82%
Sep 30, 2023 28.24%
Jun 30, 2023 46.24%
Mar 31, 2023 70.03%
Dec 31, 2022 -85.31%
Sep 30, 2022 33.52%
Jun 30, 2022 70.49%
Mar 31, 2022 39.09%
Dec 31, 2021 26.65%
Sep 30, 2021 51.74%
Jun 30, 2021 134.23%