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Neptune Insurance Holdings Inc.(NP)Earnings, Financials & Key Ratios
NP•NYSE
$24.98
$2.37B mkt cap·Price updated May 6, 2026
AboutA data-driven managing general agent for flood insurance. Sells residential and commercial flood insurance (primary & excess), and parametric earthquake insurance. Uses AI and machine learning platforms (e.g. underwriting engine "Triton", policy management "Poseidon"), distributes via agency network, and does not take balance sheet risk or handle claims themselves; rather, insurance and reinsurance carriers do.Show more
- Revenue$160M+33.7%
- EBITDA$84M+16.9%
- Net Income$37M+8.2%
- EPS (Diluted)-0.20-112.7%
- Gross Margin64.59%-2.7%
- EBITDA Margin52.39%-12.6%
- Operating Margin50.06%-12.8%
- Net Margin23.45%-19.1%
- ROIC1340.07%
- Interest Coverage3.94+8.0%
NP Key Insights
Neptune Insurance Holdings Inc. (NP) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓FCF machine: 29.9% free cash flow margin
- ✓High quality earnings: Operating CF exceeds net income
- ✓Healthy dividend yield of 5.1%
- ✓Healthy 5Y average net margin of 24.5%
- ✓Efficient asset utilization: 2.4x turnover
✗Weaknesses
- ✗Dividend payout exceeds 100% of earnings
- ✗Shares diluted 100.0% in last year
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
NP Price & Volume
Neptune Insurance Holdings Inc. (NP) stock price & volume — 10-year historical chart
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NP Growth Metrics
Neptune Insurance Holdings Inc. (NP) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years-
3 Years-
TTM-
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM-
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM-
Return on Capital
10 Years936.59%
5 Years936.59%
3 Years936.59%
Last Year1321.01%
NP Recent Earnings
Neptune Insurance Holdings Inc. (NP) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 8/12 qtrs (67%)●Beat Revenue 10/12 qtrs (83%)
Q2 2026Latest
Apr 22, 2026EPS
$0.09
Est $0.09
-0.9%
Revenue
$38M
Est $37M
+1.9%
Q1 2026
Feb 18, 2026EPS
$0.11
Est $0.10
+11.5%
Revenue
$44M
Est $39M
+11.0%
Q4 2025
Nov 12, 2025EPS
$0.11
Est $0.11
-0.7%
Revenue
$44M
Est $43M
+4.3%
Q2 2022
May 4, 2022EPS
$0.63
Est $0.38
+65.8%
Revenue
$285M
Est $241M
+18.1%
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 22, 2026 | $0.09vs $0.09-0.9% | $38Mvs $37M+1.9% |
| Q1 2026 | Feb 18, 2026 | $0.11vs $0.10+11.5% | $44Mvs $39M+11.0% |
| Q4 2025 | Nov 12, 2025 | $0.11vs $0.11-0.7% | $44Mvs $43M+4.3% |
| Q2 2022 | May 4, 2022 | $0.63vs $0.38+65.8% | $285Mvs $241M+18.1% |
Based on last 12 quarters of dataView full earnings history →
NP Peer Comparison
Neptune Insurance Holdings Inc. (NP) competitors in Financial services and insurance software — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 HCI | 2B | 154.14 | 6.20 | 20.21% | 33.16% | 36.22% | 0.06 | |
 UPC | 1.59M | 2.82 | -0.00 | -22.44% | -30.33% | -27.02% | 0.16 | |
 HRTG | 887.78M | 28.72 | 14.29 | 11.08% | 17.72% | 41.44% | 0.49 | |
 ALL | 56.1B | 217.92 | 5.71 | 4.64% | 18.09% | 42.74% | 0.24 | |
 TRV | 65.22B | 301.59 | 10.99 | 5.17% | 12.88% | 19.12% | 0.28 | |
 CB | 125.61B | 321.90 | 12.51 | 6.47% | 17.25% | 13.62% | 0.28 | |
 PGR | 115.34B | 196.80 | 13.67 | 21.36% | 12.58% | 30.23% | 0.27 | |
 CINF | 24.98B | 160.43 | 10.58 | 11.41% | 21.34% | 17.98% | 0.06 |
Compare NP vs Peers
Neptune Insurance Holdings Inc. (NP) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
NP Income Statement
Neptune Insurance Holdings Inc. (NP) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|
| Sales/Revenue | 84.87M | 119.3M | 159.55M |
| Revenue Growth % | - | 40.57% | 33.74% |
| Cost of Goods Sold | 30.36M | 40.07M | 56.49M |
| COGS % of Revenue | 35.77% | 33.59% | 35.41% |
| Gross Profit | 54.51M▲ 0% | 79.23M▲ 45.4% | 103.06M▲ 30.1% |
| Gross Margin % | 64.23% | 66.41% | 64.59% |
| Gross Profit Growth % | - | 45.35% | 30.08% |
| Operating Expenses | 9.08M | 10.78M | 23.19M |
| OpEx % of Revenue | 10.7% | 9.04% | 14.54% |
| Selling, General & Admin | 6.9M | 7.76M | 10.02M |
| SG&A % of Revenue | 8.13% | 6.5% | 6.28% |
| Research & Development | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - |
| Other Operating Expenses | 2.18M | 3.03M | 13.17M |
| Operating Income | 45.43M▲ 0% | 68.45M▲ 50.7% | 79.87M▲ 16.7% |
| Operating Margin % | 53.53% | 57.37% | 50.06% |
| Operating Income Growth % | - | 50.66% | 16.69% |
| EBITDA | 47.61M | 71.47M | 83.58M |
| EBITDA Margin % | 56.1% | 59.91% | 52.39% |
| EBITDA Growth % | - | 50.11% | 16.94% |
| D&A (Non-Cash Add-back) | 2.18M | 3.03M | 3.71M |
| EBIT | 45.18M | 63.9M | 71.88M |
| Net Interest Income | -21.02M | -16.64M | -17.32M |
| Interest Income | 308K | 880K | 923K |
| Interest Expense | 21.33M | 17.52M | 18.24M |
| Other Income/Expense | -21.57M | -22.07M | -26.23M |
| Pretax Income | 23.86M▲ 0% | 46.38M▲ 94.4% | 53.63M▲ 15.6% |
| Pretax Margin % | 28.11% | 38.88% | 33.62% |
| Income Tax | 5.97M | 11.79M | 16.22M |
| Effective Tax Rate % | 25.03% | 25.42% | 30.25% |
| Net Income | 17.89M▲ 0% | 34.59M▲ 93.4% | 37.41M▲ 8.2% |
| Net Margin % | 21.07% | 29% | 23.45% |
| Net Income Growth % | - | 93.4% | 8.16% |
| Net Income (Continuing) | 17.89M | 34.59M | 37.41M |
| Discontinued Operations | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 |
| EPS (Diluted) | 1.04▲ 0% | 1.58▲ 51.9% | -0.20▼ 112.7% |
| EPS Growth % | - | 51.92% | -112.66% |
| EPS (Basic) | 1.04 | 1.58 | -0.20 |
| Diluted Shares Outstanding | 9.35M | 9.34M | 138.15M |
| Basic Shares Outstanding | 9.35M | 9.34M | 138.15M |
| Dividend Payout Ratio | 1895.47% | - | 467.75% |
NP Balance Sheet
Neptune Insurance Holdings Inc. (NP) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|
| Total Current Assets | 29.86M | 35.23M | 52.46M |
| Cash & Short-Term Investments | 8.13M | 7.09M | 8.04M |
| Cash Only | 8.13M | 7.09M | 8.04M |
| Short-Term Investments | 0 | 0 | 0 |
| Accounts Receivable | 4.88M | 6.71M | 0 |
| Days Sales Outstanding | 20.97 | 20.52 | - |
| Inventory | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - |
| Other Current Assets | 16.85M | 21.42M | 44.43M |
| Total Non-Current Assets | 11.81M | 12.93M | 12.84M |
| Property, Plant & Equipment | 0 | 0 | 0 |
| Fixed Asset Turnover | - | - | - |
| Goodwill | 3.79M | 3.79M | 3.79M |
| Intangible Assets | 5.54M | 6.23M | 466K |
| Long-Term Investments | 0 | 0 | 0 |
| Other Non-Current Assets | 279K | 99K | 7.78M |
| Total Assets | 41.67M▲ 0% | 48.15M▲ 15.6% | 65.3M▲ 35.6% |
| Asset Turnover | 2.04x | 2.48x | 2.44x |
| Asset Growth % | - | 15.56% | 35.61% |
| Total Current Liabilities | 29.11M | 48.57M | 52.79M |
| Accounts Payable | 7.4M | 9.69M | 10.14M |
| Days Payables Outstanding | 88.91 | 88.3 | 65.52 |
| Short-Term Debt | 1.9M | 8.55M | 0 |
| Deferred Revenue (Current) | 0 | 0 | 0 |
| Other Current Liabilities | 8.4M | 11.81M | 42.65M |
| Current Ratio | 1.03x | 0.73x | 0.99x |
| Quick Ratio | 1.03x | 0.73x | 0.99x |
| Cash Conversion Cycle | - | - | - |
| Total Non-Current Liabilities | 400.16M | 365.57M | 240M |
| Long-Term Debt | 172.96M | 125.1M | 240M |
| Capital Lease Obligations | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 |
| Other Non-Current Liabilities | 227.2M | 240.47M | 0 |
| Total Liabilities | 429.27M | 414.14M | 292.79M |
| Total Debt | 174.86M | 133.65M | 240M |
| Net Debt | 166.73M | 126.56M | 231.96M |
| Debt / Equity | - | - | - |
| Debt / EBITDA | 3.67x | 1.87x | 2.87x |
| Net Debt / EBITDA | 3.50x | 1.77x | 2.78x |
| Interest Coverage | 2.12x | 3.65x | 3.94x |
| Total Equity | -387.6M▲ 0% | -365.99M▲ 5.6% | -227.49M▲ 37.8% |
| Equity Growth % | - | 5.58% | 37.84% |
| Book Value per Share | -41.44 | -39.21 | -1.65 |
| Total Shareholders' Equity | -387.6M | -365.99M | -227.49M |
| Common Stock | 0 | 0 | 1K |
| Retained Earnings | -387.64M | -366.32M | -514.35M |
| Treasury Stock | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 |
NP Cash Flow Statement
Neptune Insurance Holdings Inc. (NP) cash flow — operating, investing & free cash flow history
| Line item | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|
| Cash from Operations | 18.65M | 49.93M | 51.67M |
| Operating CF Margin % | 21.97% | 41.85% | 32.38% |
| Operating CF Growth % | - | 167.74% | 3.49% |
| Net Income | 17.89M | 34.59M | 37.41M |
| Depreciation & Amortization | 2.18M | 3.03M | 3.71M |
| Stock-Based Compensation | 41K | 296K | 11.42M |
| Deferred Taxes | -2.19M | -612K | 2M |
| Other Non-Cash Items | 1.78M | 6.33M | 632K |
| Working Capital Changes | -1.05M | 6.29M | -3.51M |
| Change in Receivables | -903K | -1.21M | -2.62M |
| Change in Inventory | 0 | 0 | 0 |
| Change in Payables | 2.07M | 2.3M | 4.24M |
| Cash from Investing | -4.03M | -3.71M | -3.98M |
| Capital Expenditures | -4.03M | -3.71M | -3.98M |
| CapEx % of Revenue | 4.75% | 3.11% | 2.49% |
| Acquisitions | 0 | 0 | 0 |
| Investments | - | - | - |
| Other Investing | 0 | 0 | 0 |
| Cash from Financing | -9.87M | -42.47M | -35.21M |
| Debt Issued (Net) | 108.65M | -43.52M | 105M |
| Equity Issued (Net) | 219.06M | 0 | 15.71M |
| Dividends Paid | -339.02M | 0 | -175M |
| Share Repurchases | -10M | 0 | 0 |
| Other Financing | 1.44M | 1.06M | 19.08M |
| Net Change in Cash | 4.75M▲ 0% | 3.75M▼ 21.2% | 12.48M▲ 233.3% |
| Free Cash Flow | 14.62M▲ 0% | 46.21M▲ 216.2% | 47.69M▲ 3.2% |
| FCF Margin % | 17.22% | 38.74% | 29.89% |
| FCF Growth % | - | 216.16% | 3.2% |
| FCF per Share | 1.56 | 4.95 | 0.35 |
| FCF Conversion (FCF/Net Income) | 1.04x | 1.44x | 1.38x |
| Interest Paid | 20.1M | 17.07M | 17.13M |
| Taxes Paid | 8.6M | 7.31M | 20.15M |
NP Key Ratios
Neptune Insurance Holdings Inc. (NP) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2023 | 2024 | 2025 |
|---|---|---|---|
| Return on Invested Capital (ROIC) | - | - | 1340.07% |
| Gross Margin | 64.23% | 66.41% | 64.59% |
| Net Margin | 21.07% | 29% | 23.45% |
| Interest Coverage | 2.12x | 3.65x | 3.94x |
| FCF Conversion | 1.04x | 1.44x | 1.38x |
| Revenue Growth | - | 40.57% | 33.74% |
NP SEC Filings & Documents
Neptune Insurance Holdings Inc. (NP) SEC filings — annual & quarterly reports (10-K, 10-Q)
NP Frequently Asked Questions
Neptune Insurance Holdings Inc. (NP) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Neptune Insurance Holdings Inc. (NP) reported $115.2M in revenue for fiscal year 2025. This represents a 36% increase from $84.9M in 2023.
Neptune Insurance Holdings Inc. (NP) grew revenue by 33.7% over the past year. This is strong growth.
Yes, Neptune Insurance Holdings Inc. (NP) is profitable, generating $37.4M in net income for fiscal year 2025 (23.4% net margin).
Dividend & Returns
Yes, Neptune Insurance Holdings Inc. (NP) pays a dividend with a yield of 5.07%. This makes it attractive for income-focused investors.
Neptune Insurance Holdings Inc. (NP) generated $51.7M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
Explore More NP
Neptune Insurance Holdings Inc. (NP) financial analysis — history, returns, DCA and operating performance tools
Total Return Calculator
Historical returns with dividends reinvested
DCA Calculator
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Dividend History
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Earnings History
EPS trends, net income & profitability
Price History
Long-term charts & historical price data
Revenue History
Sales growth patterns & revenue breakdown
Financial Ratios
30 years of market, efficiency and balance-sheet ratios
Valuation
DCF intrinsic value, peer multiples & estimates