{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-26-066494","form_type":"8-K","ticker":"NP","cik":"0002067129","company_name":"Neptune Insurance Holdings Inc.","filed_at":"2026-10-20T20:15:51+00:00","discovered_at":"2026-10-20T20:17:00.233733+00:00","generated_at":"2026-10-20T20:17:14.297098+00:00","sec_items":["2.02","5.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Neptune Insurance Q3 revenue up 34% to $59.6M, net income $17.3M; CFO Steiner to exit after 2026 10-K","bullets":["Q3 revenue $59.6M vs $44.4M a year ago (+34%); net income $17.3M (+50%) at a 29% margin; diluted EPS $0.12, adjusted diluted EPS $0.17.","Adjusted EBITDA $36.8M (+38%) at a 61.7% margin; adjusted net income $24.3M (+52%); written premium $132.7M (+31%) on record new business sales.","Raises FY2026 revenue outlook to $204M with Adjusted EBITDA margin above 61%; sets initial 2027 guidance of $238M revenue at a 61% margin.","Premium in force $450.3M (+32%), policies in force 336,300 (+29%); paid down $25M of revolver debt in Q3, leaving $215M outstanding at 1.7x net leverage.","CFO Jim Steiner resigned effective after the FY2026 10-K; director Cristian Melej, CFO of Hingham Institution for Savings (HIFS), succeeds him."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-26-066494","json":"https://secwatch.observer/filing/0001628280-26-066494.json","markdown":"https://secwatch.observer/filing/0001628280-26-066494.md","text":"https://secwatch.observer/filing/0001628280-26-066494.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2067129/000162828026066494/0001628280-26-066494-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2067129/000162828026066494/np-20261020.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-20T20:17:14.297098+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"}