Neptune Insurance Q3 revenue rises 34% to $59.6 million; raises 2026 revenue outlook
Neptune Insurance Holdings reported record third-quarter 2026 revenue of $59.6 million, up 34%, and net income of $17.3 million, up 49.9%, and raised its full-year 2026 revenue expectation to $204 million. The filing also says CFO Jim Steiner will resign after the 2026 Form 10-K is filed, with director Cristian Melej named as his successor.
Key points
- Q3 2026 revenue $59.6 million, up 34.3% from $44.4 million; Adjusted EBITDA $36.8 million, up 37.5%
- Full-year 2026 revenue expectation raised to $204 million; initial 2027 revenue guidance set at $238 million
- CFO Jim Steiner to resign effective after the 2026 Form 10-K filing; Cristian Melej, a board member, to become CFO, with compensation terms not yet determined
The filing
Written by AI on Nov 9, 2026, 11:46 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 20, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.