Neptune Insurance Holdings Inc.

NP Financial Insurance Brokers

Neptune Insurance Holdings Inc.’s revenue for fiscal 2025 (year ended December 2025) was $159.6 million, up 33.7% from fiscal 2024.

Revenue
+34.3%
EPS
+116.7%
Free cash flow
+66.5%
Total debt
−18.1%

Quarter to September 2026, against a year earlier

26.86 1.07 −3.83%
Market cap
$3.9B
P/E
86.7×
Fwd P/E
77.9×
Dividend yield
—
F-score
n/a
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Neptune Insurance Holdings Inc. (NP) Operating margin

Alert me on Operating margin

Neptune Insurance Holdings Inc.'s operating margin over the twelve months to 30 September 2026 was 41.3%, down 3.2 percentage points from fiscal 2025 (44.5%). That is above the Insurance Brokers industry median of 15.8% and above the Financial sector median of 0.00%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 44.5% (12.90)
FY2024 57.4% 3.84
FY2023 53.5% —

Quarterly newest first

Period Operating margin Change (points)
Sep 2026 47.0% (0.57)
Jun 2026 47.5% 11.96
Mar 2026 35.6% 5.08
Dec 2025 30.5% (16.18)
4 more quarters

Operating margin against peers

Company Operating margin
NP Neptune Insurance Holdings Inc. 41.3%
GSHD Goosehead Insurance compare 23.3%
ARX Accelerant Holdings compare 21.2%
ERIE Erie Indemnity Company compare 17.9%
TWFG TWFG, Inc. compare 17.3%
CRVL CorVel Corp. compare 15.9%
RYAN Ryan Specialty Holdings Inc. compare 15.6%
LIFE Ethos Technologies Inc. compare −4.30%
BWIN Baldwin Insurance Group, Inc. compare −6.88%
Insurance Brokers industry median 15.8%
Financial sector median 0.00%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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