Neptune Insurance Holdings (NP) Operating Margin (2024 - 2026)
Neptune Insurance Holdings (NP) reported Operating Margin of 35.56% for Q1 2026, down 1768.0% on a YoY basis from 2.13% in Q1 2025, and down 26.89% sequentially from 48.64% in Q4 2025.
Neptune Insurance Holdings (NP) Operating Margin (2024 - 2026) Analysis & Trends
Neptune Insurance Holdings (NP) has 3 years of Operating Margin data on file, last reported at 35.56% in Q1 2026.
- For the quarter ending Q1 2026, Operating Margin fell 1768.0% year-over-year to 35.56%; the trailing twelve-month figure through Mar 2026 stood at 45.76% (changed N/A YoY), and the FY2025 full-year result was 44.47%, down 1290.0% from the prior year.
- Operating Margin slipped to 35.56% in Q1 2026, from 48.64% 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 35.56% in Q1 2026.
- A 3-year average of 50.18% and a median of 50.94% in 2025 frame the typical range for Operating Margin.
- Across the five-year window, Operating Margin tumbled 973 bps in 2025 and sank 1768 bps in 2026, its largest moves.
- Tracing NP's Operating Margin over 3 years: stood at 58.38% in 2024, then fell by 17 bps to 48.64% in 2025, then declined by 27 bps to 35.56% in 2026.
- Business Quant data shows NP's Operating Margin at 35.56% in Q1 2026, 48.64% in Q4 2025, and 46.66% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Marsh & Mclennan Companies | 84.27 Bn | 72.32 Bn | 6.04 Bn | 25.65% |
| 2 | Aon | 75.99 Bn | 74.60 Bn | - | 34.07% |
| 3 | Arthur J. Gallagher | 62.23 Bn | 60.85 Bn | - | - |
| 4 | Willis Towers Watson | 27.24 Bn | 25.46 Bn | 1.98 Bn | 18.96% |
| 5 | Brown & Brown | 23.60 Bn | 22.62 Bn | 1.61 Bn | 12.84% |
| 6 | Neptune Insurance Holdings | 4.12 Bn | 4.11 Bn | 26.44 Mn | 35.56% |
| 7 | Accelerant Holdings | 3.06 Bn | 1.55 Bn | 48.00 Mn | 9.32% |
| 8 | Corvel | 3.03 Bn | 2.68 Bn | 54.92 Mn | 13.68% |
| 9 | Baldwin Insurance | 2.43 Bn | 2.87 Bn | - | -3,001.36% |
| 10 | Goosehead Insurance | 1.31 Bn | 1.20 Bn | - | 23.45% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 35.56% |
| Dec 31, 2025 | 48.64% |
| Sep 30, 2025 | 46.66% |
| Mar 31, 2025 | 53.24% |
| Dec 31, 2024 | 58.38% |
| Sep 30, 2024 | 58.57% |