Security
Neptune Insurance Holdings Inc. · NP
NPNYSECommon stockCurrentCIK 2067129Updated Nov 2, 2026
Name history
Neptune Insurance Holdings, Inc. · through Sep 3, 2025
NP price & chart
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NYSE:NP on TradingView ↗About the company
Neptune is a leading, high-growth, highly profitable, data-driven managing general agent that is revolutionizing the way homeowners and businesses protect against the growing risks of flooding. We offer a range of easy-to-purchase residential and commercial insurance products — including primary flood insurance, excess flood insurance, and parametric earthquake insurance — distributed through a nationwide network of agencies. Neptune does not take any balance sheet insurance risk or have claims handling responsibility relating to the policies we sell. We underwrite and administer the issuance of insurance policies on behalf of a diverse panel of insurance and reinsurance companies, whom we refer to as capacity providers, that manage both this risk and the associated claims handling. From day one, we have built our business on a foundation of advanced data science and AI, leveraging proprietary ML algorithms, which has led to superior underwriting results, outsized growth, recurring revenue, and robust margins, including delivering a lifetime written loss ratio of just 24.7% to our capacity providers from our inception through June 30, 2025. In addition, for the year ended December …
In the news
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Recent filings
4 filing
144 filing
10-Q filing
Results of Operations and Financial Condition · Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Items 2.02, 5.02, 9.01
4 filing
Show 5 more recent filings
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q1 2026 | Q1 2025 | FY 2025 | FY 2024 |
|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||
| AssetsUSD | 89,627,000Source | — | 102,214,000Source | — | 85,296,000Source | — | 65,299,000Source | 48,152,000Source |
| GoodwillUSD | 3,793,000Source | — | 3,793,000Source | — | 3,793,000Source | — | 3,793,000Source | 3,793,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 486,000Source | — | — | — | 447,000Source | — | 466,000Source | 476,000Source |
| Current assets: | ||||||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 12,184,000Source | — | 17,553,000Source | 11,697,000Source | 10,542,000Source | 16,499,000Source | 8,036,000Source | 7,094,000Source |
| Assets, CurrentUSD | 76,317,000Source | — | 89,015,000Source | — | 72,465,000Source | — | 52,462,000Source | 35,225,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 638,000Source | — | 773,000Source | — | 1,236,000Source | — | 1,309,000Source | 452,000Source |
| LIABILITIES AND EQUITY | ||||||||
| LiabilitiesUSD | 348,299,000Source | — | 324,455,000Source | — | 298,654,000Source | — | 292,793,000Source | 173,667,000Source |
| Stockholders’ equity: | ||||||||
| Additional Paid in CapitalUSD | — | — | 268,964,000Source | — | 293,643,000Source | — | 286,856,000Source | 337,000Source |
| Retained Earnings (Accumulated Deficit)USD | -518,660,000Source | — | -491,206,000Source | — | -507,002,000Source | — | -514,351,000Source | -366,326,000Source |
| Stockholders' Equity Attributable to ParentUSD | -509,549,000Source | -374,272,000Source | -222,241,000Source | -526,090,000Source | -213,358,000Source | -359,346,000Source | -227,494,000Source | -365,988,000Source |
| Liabilities and EquityUSD | 89,627,000Source | — | 102,214,000Source | — | 85,296,000Source | — | 65,299,000Source | 48,152,000Source |
| Current liabilities: | ||||||||
| Liabilities, CurrentUSD | 85,132,000Source | — | 84,455,000Source | — | 71,654,000Source | — | 52,793,000Source | 48,566,000Source |
| Accounts Payable, CurrentUSD | 11,246,000Source | — | 10,995,000Source | — | 8,690,000Source | — | 10,141,000Source | 7,165,000Source |
| Additional Financial Items | ||||||||
| Accrued Liabilities, CurrentUSD | 1,458,000Source | — | 1,047,000Source | — | 800,000Source | — | 977,000Source | 475,000Source |
| Long-term Debt, Current MaturitiesUSD | 15,050,000Source | — | — | — | — | — | 0Source | 8,550,000Source |
| Long-term Debt, Excluding Current MaturitiesUSD | 247,589,000Source | — | — | — | — | — | 0Source | 125,101,000Source |
| Common Stock, Value, Issued | —Source | — | — | — | — | — | — | — |
| Additional Paid in Capital, Common Stock | —Source | — | — | — | — | — | — | — |
| Other Liabilities, Noncurrent | —Source | — | — | — | — | — | — | — |
| Long-term Debt, Excluding Current Maturities | —Source | — | — | — | — | — | — | — |
cash flow · annual statements
| Line item | Q4 2025 | Q4 2024 | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q1 2026 | Q1 2025 | FY 2025 | FY 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||
| Share-based Payment Arrangement, Noncash ExpenseUSD | — | — | — | — | — | — | 6,877,000Source | 84,000Source | 11,420,000Source | 296,000Source |
| Changes in operating assets and liabilities: | ||||||||||
| Increase (Decrease) in Accounts PayableUSD | — | — | — | — | — | — | -1,452,000Source | -1,480,000Source | 2,976,000Source | 1,873,000Source |
| Deferred Income Tax Expense (Benefit)USD | — | — | — | — | — | — | 9,000Source | -3,000Source | 2,001,000Source | -612,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | — | — | — | — | — | — | 16,691,000Source | 14,315,000Source | 51,670,000Source | 49,926,000Source |
| Cash flows from investing activities: | ||||||||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | — | — | — | — | — | — | -1,096,000Source | -910,000Source | -3,977,000Source | -3,713,000Source |
| Cash flows from financing activities: | ||||||||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | — | — | — | — | — | — | 4,251,000Source | 11,223,000Source | -35,210,000Source | -42,468,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | — | — | 59,045,000Source | 43,164,000Source | 77,046,000Source | 58,452,000Source | 60,394,000Source | 52,693,000Source | 40,548,000Source | 28,065,000Source |
| Supplemental disclosure of cash flow information: | ||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | — | — | — | — | — | — | — | — | 17,131,000Source | 17,067,000Source |
| Income Taxes Paid, NetUSD | — | — | — | — | — | — | — | — | 20,152,000Source | 7,310,000Source |
| Additional Financial Items | ||||||||||
| Amortization of Deferred ChargesUSD | — | — | — | — | 1,017,000Source | 912,000Source | 1,004,000Source | 874,000Source | 3,713,000Source | 3,027,000Source |
| Amortization of Debt Issuance CostsUSD | — | — | — | — | — | — | — | — | 562,000Source | 871,000Source |
| Amortization of Intangible AssetsUSD | — | — | — | — | — | — | — | — | 73,000Source | 71,000Source |
| Capitalized Computer Software, AmortizationUSD | — | — | — | — | — | — | — | — | 3,640,000Source | 2,956,000Source |
| Gain (Loss) on Extinguishment of DebtUSD | — | — | — | — | — | — | — | — | 0Source | -5,426,000Source |
| General and Administrative ExpenseUSD | — | — | 2,138,000Source | 1,931,000Source | 3,351,000Source | 5,600,000Source | 3,580,000Source | 2,507,000Source | 10,023,000Source | 7,757,000Source |
| GoodwillUSD | — | — | 3,793,000Source | — | 3,793,000Source | — | 3,793,000Source | — | 3,793,000Source | 3,793,000Source |
| Income Tax Expense (Benefit)USD | — | — | 3,952,000Source | 4,201,000Source | 7,391,000Source | 4,049,000Source | 2,726,000Source | 3,456,000Source | 16,222,000Source | 11,788,000Source |
| InterestExpenseNonoperatingUSD | — | — | 5,518,000Source | 3,771,000Source | 3,626,000Source | 5,868,000Source | 3,531,000Source | 2,401,000Source | 18,243,000Source | 17,520,000Source |
| Investment Income, InterestUSD | — | — | 281,000Source | 256,000Source | 262,000Source | 247,000Source | 165,000Source | 169,000Source | 923,000Source | 880,000Source |
| Net Income (Loss) Attributable to ParentUSD | — | — | 11,511,000Source | 12,093,000Source | 15,796,000Source | 11,620,000Source | 7,349,000Source | 9,939,000Source | 37,413,000Source | 34,592,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | — | 5,493,000Source | 6,030,000Source | 15,796,000Source | -46,017,000Source | 7,349,000Source | 4,528,000Source | -27,195,000Source | 14,719,000Source |
| Operating ExpensesUSD | — | — | 23,665,000Source | 14,011,000Source | 29,321,000Source | 20,776,000Source | 24,354,000Source | 13,726,000Source | 88,596,000Source | 50,853,000Source |
| Payments of Financing CostsUSD | — | — | — | — | — | — | — | — | 939,000Source | 3,727,000Source |
| Proceeds from Issuance of Common StockUSD | — | — | — | — | — | — | — | — | 0Source | 0Source |
| Proceeds from Stock Options ExercisedUSD | — | — | — | — | — | — | 1,047,000Source | 0Source | 15,714,000Source | 0Source |
| Depreciation and amortization | — | — | —Source | —Source | — | — | — | — | — | — |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | — | — | — | — | — | —Source | —Source | — | — |
| Amortization | — | — | —Source | — | — | — | — | — | — | — |
| Share-based Payment Arrangement, Expense | — | — | —Source | —Source | — | — | — | — | — | — |
income statement · annual statements
| Line item | Q4 2025 | Q4 2024 | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q1 2026 | Q1 2025 | FY 2025 | FY 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total RevenueUSD | — | — | 44,365,000Source | 33,820,000Source | 55,872,000Source | 42,066,000Source | 37,795,000Source | 29,353,000Source | 159,551,000Source | 119,299,000Source |
| Operating Income (Loss)USD | — | — | 20,700,000Source | 19,809,000Source | 26,551,000Source | 21,290,000Source | 13,441,000Source | 15,627,000Source | 70,955,000Source | 68,446,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | — | — | 15,463,000Source | 16,294,000Source | 23,187,000Source | 15,669,000Source | 10,075,000Source | 13,395,000Source | 53,635,000Source | 46,380,000Source |
| Income Tax Expense (Benefit)USD | — | — | 3,952,000Source | 4,201,000Source | 7,391,000Source | 4,049,000Source | 2,726,000Source | 3,456,000Source | 16,222,000Source | 11,788,000Source |
| Net Income (Loss) Attributable to ParentUSD | — | — | 11,511,000Source | 12,093,000Source | 15,796,000Source | 11,620,000Source | 7,349,000Source | 9,939,000Source | 37,413,000Source | 34,592,000Source |
| Earnings Per Share, BasicUSD per share | — | — | 0.06Source | 0.06Source | 0.11Source | -0.49Source | 0.05Source | 0.05Source | -0.26Source | 0.16Source |
| Earnings Per Share, DilutedUSD per share | — | — | 0.06Source | 0.06Source | 0.11Source | -0.49Source | 0.05Source | 0.05Source | -0.26Source | 0.16Source |
| Weighted Average Number of Shares Outstanding, Basicshares | — | — | 93,350,000Source | 93,350,000Source | 137,803,040Source | 93,350,000Source | 138,240,994Source | 93,350,000Source | 104,502,838Source | 93,350,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | — | — | 97,262,548Source | 93,350,000Source | 146,193,258Source | 93,350,000Source | 145,756,044Source | 93,350,000Source | 104,502,838Source | 93,350,000Source |
| Interest Expense (non-operating)USD | — | — | 5,518,000Source | 3,771,000Source | 3,626,000Source | 5,868,000Source | 3,531,000Source | 2,401,000Source | 18,243,000Source | 17,520,000Source |
| Additional Financial Items | ||||||||||
| Amortization of Intangible AssetsUSD | — | — | — | — | — | — | — | — | 73,000Source | 71,000Source |
| Capitalized Computer Software, AmortizationUSD | — | — | — | — | — | — | — | — | 3,640,000Source | 2,956,000Source |
| Current Income Tax Expense (Benefit)USD | — | — | — | — | — | — | — | — | 14,221,000Source | 12,400,000Source |
| General and Administrative ExpenseUSD | — | — | 2,138,000Source | 1,931,000Source | 3,351,000Source | 5,600,000Source | 3,580,000Source | 2,507,000Source | 10,023,000Source | 7,757,000Source |
| Investment Income, InterestUSD | — | — | 281,000Source | 256,000Source | 262,000Source | 247,000Source | 165,000Source | 169,000Source | 923,000Source | 880,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | — | 5,493,000Source | 6,030,000Source | 15,796,000Source | -46,017,000Source | 7,349,000Source | 4,528,000Source | -27,195,000Source | 14,719,000Source |
| Operating ExpensesUSD | — | — | 23,665,000Source | 14,011,000Source | 29,321,000Source | 20,776,000Source | 24,354,000Source | 13,726,000Source | 88,596,000Source | 50,853,000Source |
| Preferred Stock Dividends, Income Statement ImpactUSD | — | — | 2,463,000Source | 2,703,000Source | 0Source | 0Source | 0Source | 2,030,000Source | 0Source | 6,599,000Source |
| Depreciation, Depletion and Amortization, Nonproduction | — | — | —Source | —Source | — | — | — | — | — | — |
| Interest Expense | — | — | —Source | —Source | — | — | — | — | — | — |
| Other Income | — | — | —Source | —Source | — | — | — | — | — | — |
| Preferred Stock Dividends and Other Adjustments | — | — | —Source | —Source | — | — | — | — | — | — |
Offerings
Registration 333-295765
- Deal price
- 27.5
- Offering price
- $27.50
- Ticker
- NP
Registration 333-295865
Registration 333-289995
- Gross proceeds
- 368421060.0
- Net proceeds
- 345394744.0
- Deal price
- 20.0
- Shares
- 18421053
- Offering amount
- $368,421,060
- Offering price
- $20.00
- Ticker
- NP
Filing attachments
ea026527101ex99-1_neptune.htm · 8-K · 2025-11-12
EX-99.1 2 ea026527101ex99-1_neptune.htm PRESS RELEASE ISSUED BY NEPTUNE INSURANCE HOLDINGS INC. ON NOVEMBER 12, 2025. Exhibit 99.1 Neptune Insurance Holdings Inc. Reports Third Quarter 2025 Results November 12, 2025 ST. PETERSBURG, Fla., Nov. 12, 2025 -- Neptune Insurance Holdings Inc. (“Neptune” or the “Company”) (NYSE: NP), the parent company of Neptune Flood Incorporated, today reported revenue of $44.4 million for the third quarter of 2025, up 31.2% from the third quarter of 2024. The…
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