Every 10-Q that Neptune Insurance Holdings Inc. (NP) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow NP and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full NP filings page.
Neptune Insurance Holdings Inc., a data-driven flood and earthquake Managing General Agent, reported strong growth and profitability for the quarter ended June 30, 2026. Revenue rose to $55.9 million, up 32.8% year over year, driven by higher policy counts and premium volume, with both commission and fee income growing over 30%. Net income increased to $15.8 million from $11.6 million, and Adjusted EBITDA grew 36.5% to $34.5 million, yielding a 61.7% Adjusted EBITDA margin.
Premium in force grew 31.8%, policies in force 29.0%, policy retention was 86.0%, premium retention 92.1%, and written premium rose 31.1%. For the first half of 2026, operating cash flow reached $43.4 million, supporting capital returns and debt service. The company carries a $240.0 million balance on its Amended 2025 Revolver (with a subsequent $7.0 million repayment) and remains in a stockholders’ deficit position, but continues to generate solid earnings. Neptune repurchased and retired 1.22 million Class A shares for $31.9 million in the quarter, while RSU grants led to $13.9 million of first-half share-based compensation expense and a sizable future compensation overhang.
Neptune Insurance Holdings reports solid Q1 2026 growth with a new stock repurchase plan. Revenue rose to $37.8M, up 28.8% year over year, driven by higher written premium and policy renewals. Net income was $7.3M versus $9.9M a year ago, as share-based compensation increased sharply following the IPO. Adjusted EBITDA grew 26.0% to $21.6M, keeping margins above 50%.
Premium in force reached $388.7M and policies in force were 295,029, supported by an 86.2% policy retention rate and 92.9% premium retention. The company continues to operate as a capital-light MGA, using a $260M revolving credit facility with $227M outstanding and $33M available at quarter-end. After quarter close, the board authorized up to $100.0M of Class A share repurchases and the company repaid an additional $5M on the revolver.
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.