Neptune Insurance Holdings Inc. (NP)

NP Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023
Cash & Equivalents	10.54	8.04	7.09	8.13
Cash & Short-Term Investments	10.54	8.04	7.09	8.13
Cash Growth	48.60%	13.28%	-12.78%	-
Accounts Receivable	4.73	4.08	2.61	0.94
Other Receivables	-	1.15	-	0.46
Receivables	4.73	5.23	2.61	1.4
Prepaid Expenses	1.24	1.31	0.45	0.66
Restricted Cash	49.85	32.51	20.97	16.19
Other Current Assets	6.1	5.38	4.1	3.47
Total Current Assets	72.47	52.46	35.23	29.86
Goodwill	3.79	3.79	3.79	3.79
Other Intangible Assets	6.59	6.5	6.23	5.55
Long-Term Deferred Tax Assets	0.79	0.8	2.8	2.19
Long-Term Deferred Charges	1.66	1.75	0.1	0.28
Total Assets	85.3	65.3	48.15	41.67
Accounts Payable	8.69	10.14	7.17	5.29
Accrued Expenses	5.46	4.77	3	2.17
Current Portion of Long-Term Debt	-	-	8.55	1.9
Current Income Taxes Payable	1.55	-	4.78	0.09
Current Unearned Revenue	31.54	18.94	11.81	8.4
Other Current Liabilities	24.42	18.95	13.26	11.26
Total Current Liabilities	71.65	52.79	48.57	29.11
Long-Term Debt	227	240	125.1	172.96
Total Liabilities	298.65	292.79	173.67	202.07
Common Stock	0	0	0	-
Additional Paid-In Capital	293.64	286.86	0.34	0.04
Retained Earnings	-507	-514.35	-366.33	-387.64
Total Common Equity	-213.36	-227.49	-365.99	-387.6
Shareholders' Equity	-213.36	-227.49	-125.52	-160.4
Total Liabilities & Equity	85.3	65.3	48.15	41.67
Total Debt	227	240	133.65	174.86
Net Cash (Debt)	-216.46	-231.96	-126.56	-166.73
Net Cash Per Share	-1.87	-2.22	-1.36	-1.78
Filing Date Shares Outstanding	138.3	138.15	93.35	93.52
Total Common Shares Outstanding	138.3	138.15	93.35	93.52
Working Capital	0.81	-0.33	-13.34	0.75
Book Value Per Share	-1.54	-1.65	-3.92	-4.14
Tangible Book Value	-223.74	-237.78	-376.01	-396.94
Tangible Book Value Per Share	-1.62	-1.72	-4.03	-4.24

Updated Mar 31, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q