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Side-by-side financial comparison of Neptune Insurance Holdings Inc. (NP) and RCI HOSPITALITY HOLDINGS, INC. (RICK). Click either name above to swap in a different company.

RCI HOSPITALITY HOLDINGS, INC. is the larger business by last-quarter revenue ($70.9M vs $37.8M, roughly 1.9× Neptune Insurance Holdings Inc.). Neptune Insurance Holdings Inc. runs the higher net margin — 0.1% vs -7.8%, a 7.9% gap on every dollar of revenue. On growth, Neptune Insurance Holdings Inc. posted the faster year-over-year revenue change (28.8% vs -3.1%).

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.

RCI Hospitality Holdings, Inc., through its subsidiaries, operates strip clubs, nightclubs, sports bars/restaurants, and a media and convention company that serves the adult club industry. RCI went public with an IPO in 1995 is listed on The NASDAQ Global Market under the symbol RICK.

NP vs RICK — Head-to-Head

Bigger by revenue
RICK
RICK
1.9× larger
RICK
$70.9M
$37.8M
NP
Growing faster (revenue YoY)
NP
NP
+31.9% gap
NP
28.8%
-3.1%
RICK
Higher net margin
NP
NP
7.9% more per $
NP
0.1%
-7.8%
RICK

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
NP
NP
RICK
RICK
Revenue
$37.8M
$70.9M
Net Profit
$50.0K
$-5.5M
Gross Margin
Operating Margin
-0.7%
Net Margin
0.1%
-7.8%
Revenue YoY
28.8%
-3.1%
Net Profit YoY
0.0%
-2354.9%
EPS (diluted)
$0.05
$-0.60

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
RICK
RICK
Q1 26
$37.8M
Q3 25
$44.4M
$70.9M
Q2 25
$71.1M
Q1 25
$65.9M
Q4 24
$71.5M
Q3 24
$33.8M
$73.2M
Q2 24
$76.2M
Q1 24
$72.3M
Net Profit
NP
NP
RICK
RICK
Q1 26
$50.0K
Q3 25
$11.5M
$-5.5M
Q2 25
$4.1M
Q1 25
$3.2M
Q4 24
$9.0M
Q3 24
$12.1M
$244.0K
Q2 24
$-5.2M
Q1 24
$774.0K
Operating Margin
NP
NP
RICK
RICK
Q1 26
Q3 25
46.7%
-0.7%
Q2 25
12.2%
Q1 25
12.4%
Q4 24
19.5%
Q3 24
58.6%
4.8%
Q2 24
-3.3%
Q1 24
6.4%
Net Margin
NP
NP
RICK
RICK
Q1 26
0.1%
Q3 25
25.9%
-7.8%
Q2 25
5.7%
Q1 25
4.9%
Q4 24
12.6%
Q3 24
35.8%
0.3%
Q2 24
-6.9%
Q1 24
1.1%
EPS (diluted)
NP
NP
RICK
RICK
Q1 26
$0.05
Q3 25
$0.06
$-0.60
Q2 25
$0.46
Q1 25
$0.36
Q4 24
$1.01
Q3 24
$0.06
$0.04
Q2 24
$-0.56
Q1 24
$0.08

Balance Sheet & Financial Strength

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

Metric
NP
NP
RICK
RICK
Cash + ST InvestmentsLiquidity on hand
$33.7M
Total DebtLower is stronger
$238.2M
Stockholders' EquityBook value
$261.1M
Total Assets
$596.9M
Debt / EquityLower = less leverage
0.91×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NP
NP
RICK
RICK
Q1 26
Q3 25
$12.2M
$33.7M
Q2 25
$29.3M
Q1 25
$32.7M
Q4 24
$34.7M
Q3 24
$32.4M
Q2 24
$34.9M
Q1 24
$20.0M
Total Debt
NP
NP
RICK
RICK
Q1 26
Q3 25
$247.6M
$238.2M
Q2 25
$243.8M
Q1 25
$244.1M
Q4 24
Q3 24
$241.1M
Q2 24
Q1 24
Stockholders' Equity
NP
NP
RICK
RICK
Q1 26
Q3 25
$-509.5M
$261.1M
Q2 25
$269.5M
Q1 25
$268.8M
Q4 24
$269.0M
Q3 24
$-374.3M
$263.4M
Q2 24
$271.2M
Q1 24
$285.8M
Total Assets
NP
NP
RICK
RICK
Q1 26
Q3 25
$89.6M
$596.9M
Q2 25
$597.4M
Q1 25
$589.8M
Q4 24
$586.2M
Q3 24
$584.4M
Q2 24
$601.0M
Q1 24
$609.9M
Debt / Equity
NP
NP
RICK
RICK
Q1 26
Q3 25
0.91×
Q2 25
0.90×
Q1 25
0.91×
Q4 24
Q3 24
0.92×
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
NP
NP
RICK
RICK
Operating Cash FlowLast quarter
$13.7M
Free Cash FlowOCF − Capex
$11.5M
FCF MarginFCF / Revenue
16.2%
Capex IntensityCapex / Revenue
3.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$34.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NP
NP
RICK
RICK
Q1 26
Q3 25
$38.9M
$13.7M
Q2 25
$13.8M
Q1 25
$8.5M
Q4 24
$13.3M
Q3 24
$15.7M
Q2 24
$15.8M
Q1 24
$10.8M
Free Cash Flow
NP
NP
RICK
RICK
Q1 26
Q3 25
$11.5M
Q2 25
$10.1M
Q1 25
$5.7M
Q4 24
$7.6M
Q3 24
$10.3M
Q2 24
$9.3M
Q1 24
$3.2M
FCF Margin
NP
NP
RICK
RICK
Q1 26
Q3 25
16.2%
Q2 25
14.2%
Q1 25
8.6%
Q4 24
10.6%
Q3 24
14.0%
Q2 24
12.3%
Q1 24
4.4%
Capex Intensity
NP
NP
RICK
RICK
Q1 26
Q3 25
3.2%
Q2 25
5.2%
Q1 25
4.3%
Q4 24
8.0%
Q3 24
7.3%
Q2 24
8.4%
Q1 24
10.6%
Cash Conversion
NP
NP
RICK
RICK
Q1 26
Q3 25
3.38×
Q2 25
3.40×
Q1 25
2.65×
Q4 24
1.48×
Q3 24
64.14×
Q2 24
Q1 24
14.00×

Financial Flow Comparison

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

Revenue Breakdown by Segment

NP
NP

Segment breakdown not available.

RICK
RICK

Transferred At Point In Time$60.8M86%
Food And Merchandise$10.4M15%

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