Neptune Insurance Posts 12c Q3 EPS, Record $59.6M Revenue, Raises 2026 Outlook
NP sits 100% above its 52-week low of $14.78.
Summary
Neptune reported Q3 EPS of 12 cents alongside record revenue of $59.6M, up 34% year over year, and $36.8M of Adjusted EBITDA. The company raised its 2026 revenue guidance to $204M, extending the pattern from Q2, when it also posted 33% growth and lifted its full-year outlook. This is the second straight quarter of roughly mid-30s revenue growth with a guidance raise, which is the core of the bull case for a ~$4B insurer. The results land alongside a steady stream of insider selling — the CFO, a corporate development director, and officer Matthew Duffy have all filed Form 144s since August, and 10% holders FTV VII and BSIV sold at $33.22 in late July. Watch whether the stock holds above that $33.22 level where the large holders exited; the shares closed at $29.49 ahead of this release.
At the time of this announcement, NP was trading at $29.49 on NYSE in the Finance sector, with a market capitalization of approximately $4B. The 52-week trading range was $14.78 to $35.15. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Dow Jones Newswires.