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

Neptune Insurance Holdings' (NP) quarterly Operating Margin came in at 35.56% in Q1 2026, down 1768.0% year-on-year from 2.13% in Q1 2025, and up 16.7% quarter-over-quarter from 30.48% in Q4 2025.

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

Neptune Insurance Holdings has disclosed Operating Margin across 3 years of filings, most recently posting 35.56% for Q1 2026.

  • Operating Margin for Q1 2026 came in at 35.56%, down 1768.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 40.64% (changed N/A YoY), and the FY2025 annual result was 44.47%, down 1290.0% from the prior year.
  • Operating Margin came in at 35.56% for Q1 2026 at Neptune Insurance Holdings, up from 30.48% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 58.57% in Q3 2024 to a low of 30.48% in Q4 2025.
  • The 3-year median for Operating Margin is 49.95% (2025), against an average of 47.15%.
  • Peak annual rise in Operating Margin reached 1191 bps in 2025, while the deepest fall reached 2790 bps in 2025.
  • Neptune Insurance Holdings' Operating Margin stood at 58.38% in 2024, then slumped by 48 bps to 30.48% in 2025, then rose by 17 bps to 35.56% in 2026.
  • The last three Operating Margin figures came in at 35.56% (Q1 2026), 30.48% (Q4 2025), and 46.66% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Marsh & Mclennan Companies 78.48 Bn 66.97 Bn 5.88 Bn 23.09%
2 Aon 68.22 Bn 66.83 Bn - 34.07%
3 Arthur J. Gallagher 55.14 Bn 53.75 Bn - -
4 Willis Towers Watson 24.26 Bn 22.48 Bn 1.98 Bn 18.96%
5 Brown & Brown 19.77 Bn 18.79 Bn 1.61 Bn 83.90%
6 XChange TEC.INC 6.99 Bn 6.98 Bn - -
7 Neptune Insurance Holdings 4.02 Bn 4.01 Bn - 35.56%
8 Corvel 3.00 Bn 2.66 Bn 54.92 Mn 13.68%
9 Accelerant Holdings 2.87 Bn 1.36 Bn 48.00 Mn 9.32%
10 Baldwin Insurance 1.90 Bn 2.34 Bn - -19.15%

Historic Data

Download Data
DateValue
Mar 31, 2026 35.56%
Dec 31, 2025 30.48%
Sep 30, 2025 46.66%
Mar 31, 2025 53.24%
Dec 31, 2024 58.38%
Sep 30, 2024 58.57%