Neptune Insurance (NP) revenue breakdown

Financial Services · Insurance Brokers · Market cap $3.9B

By product, Commission income is the largest at 76% of fiscal 2025 revenue, growing 38% a year over 2 years.

Revenue by product

Fiscal years, as Neptune Insurance reports them in its 10-K filings; fiscal 2025 total $160M.

Products202320242025Share
Commission income$64M$90M$122M 76%
Fee income$21M$29M$38M 24%
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Questions

Where does Neptune Insurance make its money?

In fiscal 2025, by product: Commission income $122M, Fee income $38M.

From Neptune Insurance's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.