{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-25-109245","form_type":"8-K","ticker":"NP","cik":"0002067129","company_name":"Neptune Insurance Holdings Inc.","filed_at":"2025-11-12T23:59:59+00:00","discovered_at":"2026-05-14T18:02:41.516542+00:00","generated_at":"2026-05-16T21:50:23.025081+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Neptune Insurance Q3 revenue up 31% to $44.4M, adj. EBITDA margin 60%; refinances debt to $260M revolver","bullets":["Revenue $44.4M (+31.2% YoY), net income $11.5M (-4.8% due to $5M IPO expenses), Adj. EBITDA $26.7M (+28.6%).","Written Premium $101.6M (+30.7%), Policy Retention 86.2%, Premium Retention 98.7%.","Post-quarter refinanced debt into $260M revolving facility, $251M outstanding, lower rate, no required amortization.","Full-year 2026 guidance: revenue $186-189M, Adj. EBITDA margin 60-61%.","Record new business sales; added 6 reinsurers to new program (now 39 providers across 7 programs)."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-25-109245","json":"https://secwatch.observer/filing/0001213900-25-109245.json","markdown":"https://secwatch.observer/filing/0001213900-25-109245.md","text":"https://secwatch.observer/filing/0001213900-25-109245.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2067129/000121390025109245/0001213900-25-109245-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2067129/000121390025109245/ea0265271-8k_neptune.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T21:50:23.025081+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}