Phytochemical investigation of the roots of Patrinia rupestris afforded a new triterpenoid patrirupin A (1) and a new iridoid patrirupin B (2), as well as three known triterpenoids: 3‐oxo‐olean‐12‐en‐28‐oic acid (3), ursolic acid (4), α‐amyrin (5), three known iridoids: isovaltratum (6), 11‐ethoxyviburtinal (7), homobaldrinal (8), five known steroids: ergosterol (9), ergost‐6,22‐diene‐3β,5α,8α‐triol (10), 6‐hydroxenone (11), β‐sitosterol (12), daucosterol (13), and two known flavones: 1‐hydroxy‐5‐methoxy xanthen‐9‐one (14), 3′,4′,5,7‐tetrahydroxyflavanone (15). The new compounds were characterized by means of spectroscopic methods including UV, IR, 1D, 2D NMR and HRESIMS, and the known ones were established on the basis of comparing their NMR data with those of the corresponding compounds in the literature.