{"schema_version":"secwatch.filing_event.v1","accession":"0002067129-26-000003","form_type":"8-K","ticker":"NP","cik":"0002067129","company_name":"Neptune Insurance Holdings Inc.","filed_at":"2026-02-18T23:59:59+00:00","discovered_at":"2026-05-14T18:02:37.149785+00:00","generated_at":"2026-05-16T02:11:33.714481+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 Q4 revenue +39% to $43.8M; adjusted net income +25% to $15.3M","bullets":["Q4 GAAP net income $4.3M (-63% YoY) due to $4.6M IPO-related costs; adjusted net income $15.3M (+25%).","Full-year 2025 revenue $159.6M (+34%); adjusted EBITDA $95.0M (+32%) at 60% margin.","Written Premium Q4 $100.3M (+41%); full-year $367.3M (+34%); policies in force +27% to 280,200.","Policy retention improved 180bps to 86.1%; revenue retention +100bps to 91.7%.","Refinanced term loans into $260M revolver ($240M drawn); operating cash flow $49.8M."],"urls":{"canonical":"https://secwatch.observer/filing/0002067129-26-000003","json":"https://secwatch.observer/filing/0002067129-26-000003.json","markdown":"https://secwatch.observer/filing/0002067129-26-000003.md","text":"https://secwatch.observer/filing/0002067129-26-000003.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2067129/000206712926000003/0002067129-26-000003-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2067129/000206712926000003/np-20260218.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T02:11:33.714481+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"}