Neptune Insurance Holdings Inc. (NP) Revenue History
Annual and quarterly revenue from 2023 to present
NP Revenue Over Time (2023–2025)
NP Revenue Growth History
2 of 2 years with positive growth- FY2023 revenue growth
- N/A
- FY2024 revenue growth
- +40.6%
- FY2025 revenue growth
- +33.7%
| Quarter | Revenue | YoY |
|---|---|---|
| Q1 2026 | $37.8M | +28.8% |
| Q4 2025 | $43.8M | — |
| Q3 2025 | $0 | — |
| Q2 2025 | $42.1M | — |
| Q1 2025 | $29.4M | — |
Multi-year avg. share of annual revenue by fiscal quarter
Revenue Breakdown (FY 2025)
NP's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
NP Revenue Analysis (2023–2025)
Current Revenue & Growth
As of June 30, 2026, Neptune Insurance Holdings Inc. (NP) generated trailing twelve-month (TTM) revenue of $123.6 million, reflecting exceptional growth of +28.8% year-over-year. The most recent quarter (Q1 2026) recorded $37.8 million in revenue, down 13.6% sequentially.
Historical Growth Trajectory
NP's historical revenue data shows various trends over time. Neptune Insurance Holdings Inc.'s highest annual revenue of $159.6 million was recorded in 2025, an all-time high.
Revenue by Segment
NP's revenue is primarily driven by Commission Income (76%), and Fee Income (24%). With over half of revenue concentrated in Commission Income, the company has a focused business model while developing other growth vectors.
Peer Comparison
Compared to Technology sector peers — including HCI (+22.0% YoY), UPC (-43.6% YoY), and HRTG (-7.4% YoY) — NP has outperformed the peer group in revenue growth. Compare NP vs HCI →
NP Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| NPCurrent | $124M | +28.8% | - | 50.1% | |
 HCI | $901M | +22.0% | +26.7% | 47.7% | |
 UPC | $18M | -43.6% | -10.3% | -16.3% | |
 HRTG | $847M | -7.4% | +7.4% | 30.6% | |
 ALL | $66.5B | +3.7% | +9.8% | 19.8% | |
 TRV | $48.8B | +4.1% | +8.8% | 16.0% |
NP Historical Revenue Data (2023–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $159.6M | +33.7% | $103.1M | 64.6% | $79.9M | 50.1% |
| 2024 | $119.3M | +40.6% | $79.2M | 66.4% | $68.4M | 57.4% |
| 2023 | $84.9M | - | $54.5M | 64.2% | $45.4M | 53.5% |
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
3+ years return with dividends reinvested.
DCA Calculator
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Peer Comparison
Compare growth, multiples, and margins vs sector.
NP — Frequently Asked Questions
Quick answers to the most common questions about buying NP stock.
Is NP's revenue growth accelerating or slowing?
NP revenue growth is accelerating. TTM revenue reached $124M, up +28.8% year-over-year — ahead of the 5-year CAGR of N/A. This indicates the business is expanding faster than its historical baseline.
What is NP's revenue history from 2023 to 2026?
Neptune Insurance Holdings Inc. (NP) revenue history spans 2023 to 2026. TTM revenue as of 2026 is $124M, growing at +28.8% YoY. The 5-year CAGR is N/A. Complete annual and quarterly revenue figures are available on this page, including gross profit, operating income, and margin trends.
What is NP's long-term revenue growth rate (CAGR)?
Neptune Insurance Holdings Inc.'s 5-year revenue CAGR of N/A reflects the sustained nature of its business expansion. As of 2026, the current YoY growth rate of +28.8% is above this long-term average. CAGR is the most reliable measure of sustained revenue momentum for NP.
Why does NP's quarterly revenue fluctuate?
NP quarterly revenue can fluctuate significantly between periods. A quarter-over-quarter (QoQ) change does not always indicate a trend; comparing the same quarter year-over-year (YoY) is a more reliable signal for underlying growth. Neptune Insurance Holdings Inc.'s revenue data from 2023 to 2026 shows full historical quarterly detail on this page.
How is NP's revenue distributed by segment?
NP reports revenue broken down by product line and geographic region. The segment breakdown on this page shows which business units contribute the most to total revenue as of the latest fiscal year. Concentration in a single segment above 50% indicates category dependence, while a diversified mix signals more resilient revenue streams.
How does NP's revenue compare to industry peers?
Neptune Insurance Holdings Inc. (NP) with TTM revenue of $124M and +28.8% YoY growth can be benchmarked against sector peers using the comparison table on this page. Revenue growth relative to peers indicates market share gains or losses. The peer section shows TTM revenue, YoY growth, and operating margin for direct comparisons.