Welcome to our dedicated page for Neptune Insurance Holdings SEC filings (Ticker: NP), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Neptune Insurance Holdings Inc. (NYSE: NP) SEC filings page on Stock Titan provides access to the company’s regulatory disclosures, including current reports on Form 8-K and other documents filed with the U.S. Securities and Exchange Commission. Neptune has filed Form 8-K reports describing material events such as the announcement of quarterly financial results and the adoption of its second amended and restated certificate of incorporation and bylaws in connection with its initial public offering of Class A common stock.
Through these filings, Neptune identifies itself as an emerging growth company and outlines key aspects of its capital structure and corporate governance. The Form 8-K dated October 7, 2025, for example, describes the filing of its amended and restated certificate of incorporation and bylaws and references the related prospectus for additional detail on its capital stock. Another Form 8-K dated November 12, 2025, furnishes a press release announcing financial results for the quarter ended September 30, 2025.
For investors analyzing Neptune’s business as a data-driven managing general agent, SEC filings complement the company’s press releases by providing formal descriptions of governance documents, offering structure, and status as an emerging growth company. They also reference non-GAAP measures and key performance indicators discussed in accompanying exhibits, such as Adjusted EBITDA, Adjusted Net Income, written premium, and retention metrics.
On Stock Titan, these filings are updated as they are made available through EDGAR, and AI-powered tools summarize the contents to highlight the most important sections. Users can quickly understand what each filing covers, how it relates to Neptune’s MGA model, and where it fits within the company’s broader financial and corporate reporting history.
Neptune Insurance Holdings presents itself as a fast-growing, highly profitable, data-driven managing general agent focused on U.S. flood insurance. The company uses its proprietary AI platforms Triton (underwriting) and Poseidon (policy management) to underwrite policies on behalf of 40 third‑party insurers and reinsurers, so it carries no balance sheet insurance risk or claims obligations.
For the year ended December 31, 2025, Neptune generated $159.6 million in revenue, $37.4 million in net income, and $95.0 million in Adjusted EBITDA, implying a 23.4% net income margin and 59.5% Adjusted EBITDA margin. Organic revenue grew 33.7% year‑over‑year, with premium in force rising to $370.2 million and lifetime written loss ratio to capacity providers held at 24.7% through June 30, 2025.
Management highlights strong retention and scalability: 2025 policy retention was 86.1%, premium retention 98.0%, and revenue retention 91.8%, supported by a lean team of 62 employees and extensive agency distribution. Since inception, Neptune has paid approximately $605.0 million in dividends, contributing to negative book value per share despite robust operating cash flow of $51.7 million in 2025.
Neptune Insurance Holdings Inc. director Michael Warren Vostrizansky bought Class A common stock in the open market. He acquired 23,000 shares at a weighted average price of $21.4963 per share, leaving him with 23,000 shares held directly after the transaction. The purchase was executed through multiple trades within a price range of $21.35 to $21.67 per share.
Neptune Insurance Holdings reported strong growth for 2025, with revenue rising 33.7% to
Fourth quarter revenue grew 38.9% to
Written premium grew 34% for the year to
Neptune Insurance Holdings Inc. (NP)119,050 shares of Class A Common Stock at $20 per share through a directed share program tied to the company’s initial public offering. Following this transaction, the insider directly beneficially owned 4,384,715 shares of Neptune’s Class A Common Stock.
Neptune Insurance Holdings Inc. (NP)$20 per share through a directed share program connected to the company’s initial public offering of Class A Common Stock. After this transaction, the director is shown with direct ownership of 653,500 shares.
The filing also reports substantial indirect holdings. One trust holds 4,599,000 shares of Class A Common Stock, with the director and Steve Wynne serving as trustees. Another trust dated May 7, 2024 holds 511,000 shares, with the director and Alexis Carlon as trustees. The filing is submitted by one reporting person in the capacity of director.
Neptune Insurance Holdings Inc. (NP)50,000 shares of Class A common stock at $20 per share in a directed share program connected to the company’s initial public offering. Following this transaction, he beneficially owns 2,032,964 shares of Neptune Insurance Class A common stock held directly.
Neptune Insurance Holdings Inc. shareholder Jonathan Carlon filed a Schedule 13G reporting his beneficial ownership of the company’s Class A common stock. He reports beneficial ownership of 5,685,000 shares, representing 5.91% of the Class A shares. This total includes 575,000 shares held directly, 4,599,000 shares held through the JWC Irrevocable Trust, and 511,000 shares held through the Carlon Family Trust dated May 7, 2024. Carlon shares voting and dispositive power over the JWC Irrevocable Trust with Steve Wynne and over the Carlon Family Trust with Alexis Carlon. The percentage ownership is based on 96,185,000 Class A shares outstanding as of September 30, 2025, as disclosed by the company.
Neptune Insurance Holdings Inc. (NP)
Neptune Insurance Holdings (NP) reported strong top-line growth and key capital events. Q3 revenue was $44,365 (thousands), up from $33,820 a year ago. Income from operations was $20,700 and net income was $11,511, with diluted EPS of $0.06 on 97,262,548 shares. For the nine months, revenue reached $115,784 and net income was $33,070.
Net income available to common was impacted by capital structure items: a $175,000 cash dividend approved on April 10, 2025, accretion to redeemable preferred stock, and an earlier $54,170 preferred dividend in the nine-month period, resulting in a nine‑month net loss to common of $(31,504).
Debt increased to a $264,000 2025 Term Loan at ~7.2% with $37,000 repaid year‑to‑date; on November 10, 2025, the company replaced it with a $260,000 revolving facility, with $251,000 outstanding. On October 2, 2025, certain stockholders sold 21,184,210 Class A shares at $20.00 in a secondary IPO; the company received no proceeds. All 41,850,000 convertible preferred shares converted to common, and a ten‑for‑one stock split occurred on September 9, 2025.
Neptune Insurance Holdings Inc. filed a current report to note that it issued a press release announcing its financial results for the quarter ended September 30, 2025. The press release is provided as Exhibit 99.1 to the report and contains the detailed quarterly figures and commentary. The company states that this information is being furnished, not filed, so it is not subject to certain liability provisions and will only be incorporated into other SEC documents if specifically referenced.