---
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"
generated_at: "2026-10-20T20:17:14.297098+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Neptune Insurance Q3 revenue up 34% to $59.6M, net income $17.3M; CFO Steiner to exit after 2026 10-K

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 5.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-066494
- JSON: https://secwatch.observer/filing/0001628280-26-066494.json
- Plain text: https://secwatch.observer/filing/0001628280-26-066494.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.