Neptune Insurance Holdings

About Neptune Insurance Holdings

Neptune Insurance Holdings Inc is a high-growth, profitable, data-driven MGA that offers residential and commercial insurance products, including primary flood insurance, excess flood insurance and parametric earthquake insurance, distributed through a nationwide network of agencies in the United States. The company underwrites and administers the issuance of insurance policies on behalf of a diverse panel of insurance and reinsurance companies and does not take any balance sheet insurance risk or have claims handling responsibility relating to the policies it sells.

Ticker

$NP

Sector

Finance

Primary listing

NYSE

Employees

62

Headquarters

Saint Petersburg, United States

Website

www.neptuneflood.com

NP Metrics

BasicAdvanced

$4.3bn

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-$0.21

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Bulls say / Bears say

First quarter 2026 revenue grew 29% year-over-year to $37.8 million, driven by record new business sales and strong agency distribution, signaling robust top-line momentum (Business Wire)

Neptune surpassed 300,000 policies in force and $400 million in premium in force, affirming its market leadership and accelerating adoption of private flood insurance (Business Wire)

Launched Atlas+, an AI-powered agent platform experience, embedding generative AI into the quoting workflow to boost agent productivity and drive competitive differentiation (Business Wire)

Q1 2026 net income declined 26% year-over-year to $7.3 million, reflecting margin pressure as the company absorbed public-company and platform scaling costs (Business Wire)

Net income for Q4 2025 plunged 63% year-over-year to $4.3 million, driven largely by $4.6 million of IPO-related and transaction expenses, underscoring one-off earnings volatility (Nasdaq)

Leverage remains elevated at roughly 2.2× trailing adjusted EBITDA, which may constrain financial flexibility amid rising interest rates and potential recessionary risks (The Motley Fool)

Data summarised monthly by Lightyear AI. Last updated on 29 Jun 2026.

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