NP financial statements
The full income statement, balance sheet, and cash-flow statement for Neptune Insurance Holdings Inc. (NP), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
| Line item | Trend | FY2025 | FY2024 | FY2023 |
|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | |
| Revenue | 160M+33.7% | 119M+40.6% | 84.9M | |
| 88.6M+74.2% | 50.9M+28.9% | 39.4M | ||
| Selling, general & administrative | 10.0M+29.2% | 7.76M+12.5% | 6.90M | |
| General & administrative | 10.0M+29.2% | 7.76M+12.5% | 6.90M | |
| Amortization of intangibles | 73.0K+2.8% | 71.0K+1.4% | 70.0K | |
| Operating income | 71.0M+3.7% | 68.4M+50.7% | 45.4M | |
| Interest expense | 18.2M+4.1% | 17.5M-17.8% | 21.3M | |
| Interest & investment income | 923K+4.9% | 880K+185.7% | 308K | |
| Pre-tax income | 53.6M+15.6% | 46.4M+94.4% | 23.9M | |
| Income tax | 16.2M+37.6% | 11.8M+97.4% | 5.97M | |
| 37.4M+8.2% | 34.6M+93.4% | 17.9M | ||
| Preferred dividends | — | 19.6M | — | |
| Net income to common | -27.2M-284.8% | 14.7M+50.9% | 9.75M | |
| -$0.26-262.5% | $0.16+60.0% | $0.10 | ||
| EPS (basic) | -$0.26-262.5% | $0.16+60.0% | $0.10 | |
| Weighted-avg shares (basic) | 105M+11.9% | 93.3M-0.2% | 93.5M | |
| Weighted-avg shares (diluted) | 105M+11.9% | 93.3M-0.2% | 93.5M | |
| Dividends per share | $1.67 | — | $3.63 | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | |
| 52.5M+48.9% | 35.2M | — | ||
| Cash & equivalents | 8.04M+13.3% | 7.09M-70.8% | 24.3M | |
| Prepaid expenses | 1.31M+189.6% | 452K | — | |
| 65.3M+35.6% | 48.2M | — | ||
| Goodwill | 3.79M+0.0% | 3.79M | — | |
| Intangible assets | 466K-2.1% | 476K | — | |
| Deferred tax assets | 802K-71.4% | 2.80M | — | |
| 52.8M+8.7% | 48.6M | — | ||
| Accounts payable | 10.1M+41.5% | 7.17M | — | |
| Accrued liabilities | 977K+105.7% | 475K | — | |
| Deferred revenue | 18.9M+60.4% | 11.8M | — | |
| Short-term & current debt | 0.00-100.0% | 8.55M | — | |
| 293M+68.6% | 174M | — | ||
| Long-term debt | 0.00-100.0% | 125M | — | |
| -227M+37.8% | -366M+5.6% | -388M | ||
| Common stock | — | 1.00K | — | |
| Additional paid-in capital | 287M+85020.5% | 337K | — | |
| Retained earnings | -514M-40.4% | -366M | — | |
| Total liabilities & equity | 65.3M+35.6% | 48.2M | — | |
| Common shares issued | — | 93.3M | — | |
| Common shares outstanding | — | 93.3M | — | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | |
| 51.7M+3.5% | 49.9M+167.7% | 18.6M | ||
| Intangible amortization | 73.0K+2.8% | 71.0K+1.4% | 70.0K | |
| Share-based compensation | 11.4M+3758.1% | 296K+622.0% | 41.0K | |
| Deferred income taxes | 2.00M+427.0% | -612K+72.1% | -2.19M | |
| Change in payables | 2.98M+58.9% | 1.87M+20.4% | 1.56M | |
| -3.98M-7.1% | -3.71M+7.9% | -4.03M | ||
| Acquisitions | 0.00 | 0.00 | 0.00 | |
| -35.2M+17.1% | -42.5M-330.4% | -9.87M | ||
| Long-term debt issued | 0.00 | 0.00 | 0.00 | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 0.00 | 0.00-100.0% | 10.0M | |
| Common stock repurchased | 0.00 | 0.00-100.0% | 10.0M | |
| Dividends paid | 175M | 0.00-100.0% | 339M | |
| Interest paid | 17.1M+0.4% | 17.1M-15.1% | 20.1M | |
| Income taxes paid | 20.2M+175.7% | 7.31M-15.0% | 8.60M | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | |
| Market cap | 4.02B | — | — | |
| P/E | 107.5× | — | — | |
| P/S | 25.2× | — | — | |
| Earnings yield | 0.93% | — | — | |
| Dividend yield | 5.7% | — | — | |
| Source filing | 10-K | 10-K | 10-K |
About this data
Source: NP’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all NP filings on SEC EDGAR → Not investment advice.