Neptune Insurance Holdings NP
NYSE NP
$31.63 -0.42 (-1.31%)
As of: Sep 9, 2026 · 3:59 PM EDT

Neptune Insurance Holdings (NP) Operating Expenses (2024 - 2026)

Neptune Insurance Holdings' (NP) quarterly Operating Expenses came in at $29.3 million in Q2 2026, up 41.13% year-over-year from $20.8 million in Q2 2025, and up 20.4% quarter-over-quarter from $24.4 million in Q1 2026.

Analysis

Neptune Insurance Holdings (NP) Operating Expenses (2024 - 2026) Analysis & Trends

Neptune Insurance Holdings has disclosed Operating Expenses across 3 years of filings, most recently posting $29.3 million for Q2 2026.

  • In Q2 2026, Operating Expenses rose 41.13% year-over-year to $29.3 million; the TTM figure through Jun 2026 stood at $107.8 million (up 74.88% YoY), while the FY2025 annual figure was $88.6 million, up 74.22% from the prior year.
  • Operating Expenses came in at $29.3 million for Q2 2026 at Neptune Insurance Holdings, up from $24.4 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $30.4 million in Q4 2025 to a low of $13.1 million in Q4 2024.
  • Average Operating Expenses over 3 years is $21.2 million, with a median of $22.2 million recorded in 2025.
  • Year-over-year, Operating Expenses jumped 132.05% in 2025 and soared 41.13% in 2026.
  • Over 3 years, Operating Expenses stood at $13.1 million in 2024, then surged by 132.05% to $30.4 million in 2025, then slipped by 3.64% to $29.3 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $29.3 million in Q2 2026, $24.4 million in Q1 2026, and $30.4 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Marsh & Mclennan Companies 85.01 Bn 72.80 Bn 6.04 Bn 5.51 Bn
2 Aon 65.00 Bn 63.73 Bn - 3.33 Bn
3 Arthur J. Gallagher 62.74 Bn 61.35 Bn - 3.59 Bn
4 Willis Towers Watson 29.53 Bn 27.87 Bn 2.09 Bn 2.10 Bn
5 Brown & Brown 22.19 Bn 21.27 Bn 1.41 Bn 1.29 Bn
6 XChange TEC.INC 17.23 Bn 17.23 Bn - -
7 Erie Indemnity 11.26 Bn 10.91 Bn - 885.67 Mn
8 Ryan Specialty Holdings 4.93 Bn 4.79 Bn - 736.33 Mn
9 Neptune Insurance Holdings 4.36 Bn 4.34 Bn - 29.32 Mn
10 Baldwin Insurance 2.60 Bn 2.42 Bn - 501.28 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 29.32 Mn
Mar 31, 2026 24.35 Mn
Dec 31, 2025 30.43 Mn
Sep 30, 2025 23.67 Mn
Jun 30, 2025 20.78 Mn
Mar 31, 2025 13.73 Mn
Dec 31, 2024 13.11 Mn
Sep 30, 2024 14.01 Mn