Neptune Insurance Holdings Earnings Call Transcripts
Fiscal Year 2026
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Q3 revenue rose 34% and Adjusted EBITDA rose 38%, with a 61.7% margin, despite weak housing and quiet weather. FY2026 guidance increased to $204M revenue; FY2027 guidance calls for ~$238M and a ~61% Adjusted EBITDA margin.
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Record quarterly results with 33% revenue growth, 36% adjusted EBITDA growth, and a 62% margin, driven by technology, expanded distribution, and AI-powered agent tools. Raised 2026 guidance to $199 million revenue and 60%-61% EBITDA margin, with strong policy retention and loss ratio improvement.
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Record Q1 results with 29% revenue growth and strong profitability driven by AI-powered innovations and agent network expansion. Full-year guidance raised to $195M revenue and 60%-61% EBITDA margin, with a $100M stock repurchase program announced.
Fiscal Year 2025
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Delivered record Q4 and 2025 results with 39% revenue growth and 60%+ EBITDA margins, driven by AI-powered underwriting, expanded capacity, and strong agent distribution. Raised 2026 guidance and maintained high retention, while prioritizing debt reduction and capital flexibility.
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Q3 2025 saw record revenue and profitability, driven by strong new business and retention, with 2026 guidance targeting $186–$189 million in revenue and a 60–61% EBITDA margin. The company expanded nationwide, added new capacity partners, and benefited from NFIP disruptions.