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Royalty Pharma RPRX Payments For Milestones

Payments For Milestones at other companies

Insmed logo
InsmedINSM
$15M
Insmed logo
InsmedINSM
$15M
OS Therapies logo
OS TherapiesOSTX
$22.38M0.0%
OS Therapies logo
OS TherapiesOSTX
$22.38M0.0%
CTO
Citius Oncology, Inc.CTOR
$70M+155%
Climb Bio, Inc. logo
Climb Bio, Inc.CLYM
$8M

Other financials

Income statement

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Revenue$630.6M+11.0%
Operating income$563.0M+5.4%
Net income$294.7M+23.1%
EPS (diluted)$0.67+21.8%

Balance sheet

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Cash & equivalents$586.4M-46.1%
Total debt$9.0B+17.8%
Total equity$9.9B+1.6%
Total assets$19.8B+12.5%

Cash flow

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Operating cash flow$718.2M+20.5%

Valuation

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Market cap$24.85B+72.3%
Enterprise value$33.24B+52.8%
P/E30×+15.9×
P/S10.2×+3.9×

Profitability

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Operating margin65.1%-18.9pp
Net margin33.9%-14.4pp

Returns & leverage

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Return on equity8.4%-2.7pp
Debt / equity0.9×+0.1×
Current ratio2.7×+1.1×

Where this comes from

Reported directly by Royalty Pharma in its filing.

Tagged under the XBRL concept rprx:PaymentsForMilestones.

The official record: Royalty Pharma’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Royalty Pharma's payments for milestones?
Royalty Pharma (RPRX) reported payments for milestones of $50M in Q1 2026.
How has Royalty Pharma's payments for milestones changed year-over-year?
Royalty Pharma's payments for milestones decreased by 0.0% year-over-year, from $50M to $50M.
What is the long-term trend for Royalty Pharma's payments for milestones?
Over 3 years (2021 to 2025), Royalty Pharma's payments for milestones has grown at a 144.3% compound annual growth rate (CAGR), from $18.6M to $271.31M.
What does payments for milestones mean?
Cash payments made to partners or developers upon the achievement of specific clinical or regulatory milestones. This is a critical component of royalty-based business models, representing the cost of securing future revenue streams from development-stage assets.