NP Q3 FY2026 earnings: results, stock reaction and implied move

Reported results

Total revenues $59.6 million, up 34% year-over-year (GAAP)
Net income $17.3 million, up 50% year-over-year (GAAP)
Adjusted net income $24.3 million, up 52% year-over-year (non-GAAP)
Adjusted EBITDA $36.8 million, up 38% year-over-year (non-GAAP), with adjusted EBITDA margin of 62%
Written premium $132.7 million, up 31% year-over-year (non-GAAP KPI)
Basic diluted net income per share $0.12 (GAAP); Adjusted diluted earnings per share $0.17 (non-GAAP)

Notes

This press release contains non-GAAP financial measures (Adjusted EBITDA, Adjusted net income, Adjusted earnings per share, Written Premium) reconciled to GAAP measures in accompanying tables. The company completed its IPO on October 2, 2025. Company undertakes no obligation to update forward-looking statements.

Price and volatility reaction

The stock moved -3.7% on the print. No front-expiry chain was on file, so there is no straddle expected move.

Measure	Value	Basis
Close before release	29.49	2026-10-20
Close after release	28.39	2026-10-21
Realised move	-3.7%	close to close

Price and volatility reaction. Closes either side of the release. No front-expiry chain on file for a straddle expected move. SharpeIQ — listed option chain and price_history

Source

The figures above come from the earnings release the company filed with the SEC on 2026-10-20 (8-K, Item 2.02). Read the original filing on sec.gov.

Neptune Insurance Holdings Inc. (NP) Q3 FY2026 earnings