Neptune Insurance Holdings Inc. Reports Third Quarter 2026 Results
ST. PETERSBURG, Fla., October 20, 2026--Neptune Insurance Holdings Inc. (the "Company") (NYSE: NP), the parent company of Neptune Flood Incorporated, has released its financial results for the third quarter of 2026 by posting an update on its Investor Relations website. The earnings presentation can be viewed by clicking here or visiting investors.neptuneflood.com.
Third Quarter 2026 Highlights
Revenue growth of 34% to a record $59.6 million
Net income increase of 50% to a record $17.3 million
Net income margin of 29%
Adjusted net income* growth of 52% to a record $24.3 million
Adjusted EBITDA* growth of 38% to a record $36.8 million
Adjusted EBITDA margin of 62%, matching our record high to date
Written Premium* growth of 31% to a record $132.7 million
Record new business sales
Third Quarter 2026 per share of Class A and Class B common stock
| Basic | Diluted | |||||||
| Net income | $ | 0.13 | $ | 0.12 | ||||
| Adjusted net income* | $ | 0.18 | $ | 0.17 | ||||
| Adjusted EBITDA* | $ | 0.27 | $ | 0.25 |
* See discussion of Non-GAAP Financial Measures and Key Performance Indicators below
Neptune management will host a live conference call and webcast at 5:00 PM ET on Tuesday, October 20th.
When: Tuesday, October 20, 2026
Time: 5:00 p.m. Eastern Time
Dial-in Number: (800) 715-9871 or (646) 307-1963 (international)
Q3 2026 Earnings Presentation: View here
Webcast: View here
Investor Relations: View here
The webcast will be archived on the Company's website following the call.
Effectiveness of Information
The targets included in our earnings presentation and the statements made during the earnings conference call, each of which is available on the Company's investor relations website at investors.neptuneflood.com (collectively, the "Earnings Materials"), represent the Company's expectations and beliefs as of October 20, 2026. Although these Earnings Materials will remain available on the Company's website through the date of the earnings call for the third quarter of fiscal 2027, their continued availability does not mean that the Company is reaffirming or confirming their continued validity. The Company undertakes no obligation to update any forward-looking statements, whether as a result of new information or future events, or to otherwise update the targets given in the Earnings Materials, except as required by law.
About Neptune Insurance Holdings Inc.
Neptune Insurance Holdings Inc. (NYSE: NP) is the parent company of Neptune Flood Incorporated ("Neptune"). Neptune is a leading, AI-native managing general agent offering a range of easy-to-purchase residential and commercial insurance products, including primary and excess flood insurance, distributed through a nationwide network of agencies. Leveraging proprietary artificial intelligence and advanced data science, Neptune delivers fast and accessible coverage for residential and commercial properties across the United States. The Company operates without human underwriters, using Triton®, its cutting-edge platform to streamline underwriting, pricing, and policy issuance.