The values
- 2020: 159
- 2021: 184
- 2022: 231
- 2023: 250
- 2024: 244
- 2025: 265
Where it comes from
Our calculation from other records in the trainer’s notes
The line in the source
Royalty expense for 2025, 2024, and 2023 was $264.6 million, $244.1 million, and $249.8 million, respectively.