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Side-by-side financial comparison of Neptune Insurance Holdings Inc. (NP) and ATRenew Inc. (RERE). Click either name above to swap in a different company.

ATRenew Inc. is the larger business by last-quarter revenue ($43.2M vs $37.8M, roughly 1.1× Neptune Insurance Holdings Inc.). ATRenew Inc. runs the higher net margin — 16.9% vs 0.1%, a 16.8% gap on every dollar of revenue.

Neptune Insurance Holdings Inc. is a specialty insurance holding company that offers a broad portfolio of property and casualty insurance products, with a core focus on residential and commercial flood insurance for customers across the United States. It serves both individual consumers and small to mid-sized business clients, using advanced data analytics to support accurate policy pricing and robust risk management.

ATRenew Inc. operates a leading pre-owned consumer electronics transaction and servicing ecosystem primarily in China. Its core services include end-to-end device recycling, professional quality inspection, certified refurbishment, and resale of smartphones, laptops, tablets and other digital products, serving both individual consumers and enterprise clients across domestic and select Southeast Asian markets.

NP vs RERE — Head-to-Head

Bigger by revenue
RERE
RERE
1.1× larger
RERE
$43.2M
$37.8M
NP
Higher net margin
RERE
RERE
16.8% more per $
RERE
16.9%
0.1%
NP

Income Statement — Q1 FY2026 vs Q1 FY2023

Metric
NP
NP
RERE
RERE
Revenue
$37.8M
$43.2M
Net Profit
$50.0K
$7.3M
Gross Margin
Operating Margin
Net Margin
0.1%
16.9%
Revenue YoY
28.8%
Net Profit YoY
0.0%
EPS (diluted)
$0.05

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
NP
NP
RERE
RERE
Q1 26
$37.8M
Q3 25
$44.4M
Q3 24
$33.8M
Q1 23
$43.2M
Net Profit
NP
NP
RERE
RERE
Q1 26
$50.0K
Q3 25
$11.5M
Q3 24
$12.1M
Q1 23
$7.3M
Operating Margin
NP
NP
RERE
RERE
Q1 26
Q3 25
46.7%
Q3 24
58.6%
Q1 23
Net Margin
NP
NP
RERE
RERE
Q1 26
0.1%
Q3 25
25.9%
Q3 24
35.8%
Q1 23
16.9%
EPS (diluted)
NP
NP
RERE
RERE
Q1 26
$0.05
Q3 25
$0.06
Q3 24
$0.06
Q1 23

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
NP
NP
RERE
RERE
Cash + ST InvestmentsLiquidity on hand
$228.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$557.1M
Total Assets
$722.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NP
NP
RERE
RERE
Q1 26
Q3 25
$12.2M
Q3 24
Q1 23
$228.0M
Total Debt
NP
NP
RERE
RERE
Q1 26
Q3 25
$247.6M
Q3 24
Q1 23
Stockholders' Equity
NP
NP
RERE
RERE
Q1 26
Q3 25
$-509.5M
Q3 24
$-374.3M
Q1 23
$557.1M
Total Assets
NP
NP
RERE
RERE
Q1 26
Q3 25
$89.6M
Q3 24
Q1 23
$722.9M

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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