The financials
Neptune Insurance Holdings Inc. by the numbers
Neptune Insurance Holdings Inc. (NP) reported revenue of $38M in Q1 2026 (quarter ended Mar 31, 2026), up 29% from the same quarter a year earlier. That came with net income of $7.3M (19% of revenue). For the full year FY2025, revenue was $160M (+34% year on year) and net income $37M. Its largest product in Jun 2026 was Commission Income at $43M, 76% of the disclosed total, well ahead of Fee Income at 24%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $38M | $29M | +29% |
| Operating income | $13M | $16M | −14% |
| Net income | $7.3M | $9.9M | −26% |
| Diluted EPS | $0.05 | $0.05 | 0.0% |
| Product | Revenue | Share |
|---|---|---|
| Commission Income | $43M | 76% |
| Fee Income | $13M | 24% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Jun 2026Total $55.9M (+48%)
Segment Latestquarter on quarteryear on year
- Commission Income$42.5M$42.5MQoQ +46%year on year +33%+46%+33%
- Fee Income$13.3M$13.3MQoQ +52%year on year +33%+52%+33%
Insurance Brokers
The closest names by size in the same industry