Neptune Insurance Holdings Inc. (NP) Financial Statements

Income statement

Metric	TTM	2025	2024	2023
Revenue
Total Revenue	137.4M	159.6M	119.3M	84.9M
Cost of Revenue	45.2M	56.5M	40.1M	30.4M
Gross Profit	92.3M	103.1M	79.2M	54.5M
Operating Expenses
R&D Expense	—	—	—	—
SG&A Expense	2.1M	10.0M	7.8M	6.9M
General & Admin Expense	2.1M	10.0M	7.8M	6.9M
Selling & Marketing Expense	—	—	—	—
Other Expenses	15.7M	13.2M	3.0M	2.2M
Total Operating Expenses	17.9M	23.2M	10.8M	9.1M
Cost and Expenses	63.0M	79.7M	50.9M	39.4M
Operating Income (EBIT)	74.4M	79.9M	68.4M	45.4M
Non-Operating
Interest Income	934.0K	923.0K	880.0K	308.0K
Interest Expense	17.1M	18.2M	17.5M	21.3M
Net Interest Income	(16.2M)	(17.3M)	(16.6M)	(21.0M)
Other Non-Op Income/Expense	(16.6M)	(26.2M)	(22.1M)	(21.6M)
Non-Operating Income (excl Interest)	(5.3M)	8.0M	4.5M	248.0K
EBT (Pre-Tax Income)	57.8M	53.6M	46.4M	23.9M
Income Tax Expense	18.8M	16.2M	11.8M	6.0M
Bottom Line
Net Income	39.0M	37.4M	34.6M	17.9M
Earnings from Cont. Ops	39.0M	37.4M	34.6M	17.9M
Earnings from Discont. Ops	—	—	—	—
Bottom Line Net Income	39.0M	37.4M	14.7M	9.8M
Per Share
Basic EPS	$1.42	$0.27	$1.58	$1.04
Diluted EPS	$1.37	$0.27	$1.58	$1.04
Revenue Per Share	$1.00	$1.15	$12.78	$9.07
Shares
Basic Shares Outstanding	137.8M	138.2M	9.3M	9.4M
Diluted Shares Outstanding	146.2M	138.2M	9.3M	9.4M
Profitability Metrics
EBITDA	82.6M	75.6M	66.9M	47.4M
D&A	2.9M	3.7M	3.0M	2.2M
EBIT	79.6M	71.9M	63.9M	45.2M

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026