{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-26-048999","form_type":"8-K","ticker":"NP","cik":"0002067129","company_name":"Neptune Insurance Holdings Inc.","filed_at":"2026-07-21T20:13:59+00:00","discovered_at":"2026-07-21T20:15:00.323175+00:00","generated_at":"2026-07-21T20:15:12.177233+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Neptune Insurance Q2 revenue $55.9M (+33%), Adj. EBITDA $34.5M (+36.5%), raises FY outlook","bullets":["Q2 revenue $55.9M (record, +33% YoY); net income $15.8M (+36%); adjusted EBITDA $34.5M (+36.5%)","Written premium $126.9M (+31% YoY); lifetime written loss ratio improved to 19.5% from 24.7% a year ago","Raised FY2026 guidance: revenue ~$199M (+25% YoY), adjusted EBITDA margin 60-61%","Repurchased 1.22M shares in Q2; debt $240M, net leverage 2.1x; subsequent paydown $7M","Renewed two largest capacity programs on improved terms; capacity partners now 45; launched commercial/condo earthquake products"],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-26-048999","json":"https://secwatch.observer/filing/0001628280-26-048999.json","markdown":"https://secwatch.observer/filing/0001628280-26-048999.md","text":"https://secwatch.observer/filing/0001628280-26-048999.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2067129/000162828026048999/0001628280-26-048999-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2067129/000162828026048999/np-20260721.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-07-21T20:15:12.177233+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"}