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Side-by-side financial comparison of Gitlab Inc. (GTLB) and International General Insurance Holdings Ltd. (IGIC). Click either name above to swap in a different company.

International General Insurance Holdings Ltd. is the larger business by last-quarter revenue ($403.8M vs $244.4M, roughly 1.7× Gitlab Inc.). International General Insurance Holdings Ltd. runs the higher net margin — 26.0% vs -3.4%, a 29.4% gap on every dollar of revenue.

GitLab Inc. is an American company that operates and develops GitLab, an open-core DevOps software package that can develop, secure, and operate software. GitLab includes a distributed version control system based on Git, including features such as access control, bug tracking, software feature requests, task management, and wikis for every project, as well as snippets.

China Taiping Insurance Holdings Company Limited (CTIH) formerly China Insurance International Holdings Company Limited (CIIH), is a Chinese insurance conglomerate. The company has strong Chinese Central Government background despite being incorporated in Hong Kong. It is considered as a red chip company.

GTLB vs IGIC — Head-to-Head

Bigger by revenue
IGIC
IGIC
1.7× larger
IGIC
$403.8M
$244.4M
GTLB
Higher net margin
IGIC
IGIC
29.4% more per $
IGIC
26.0%
-3.4%
GTLB

Income Statement — Q3 FY2026 vs Q3 FY2025

Metric
GTLB
GTLB
IGIC
IGIC
Revenue
$244.4M
$403.8M
Net Profit
$-8.3M
$105.1M
Gross Margin
86.8%
Operating Margin
-5.1%
Net Margin
-3.4%
26.0%
Revenue YoY
24.6%
Net Profit YoY
-128.0%
EPS (diluted)
$-0.05
$2.31

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
GTLB
GTLB
IGIC
IGIC
Q4 25
$244.4M
Q3 25
$236.0M
$403.8M
Q2 25
$214.5M
$261.9M
Q1 25
$211.4M
Q4 24
$196.0M
Q3 24
$182.6M
$369.6M
Q2 24
$169.2M
$265.8M
Q1 24
$163.8M
Net Profit
GTLB
GTLB
IGIC
IGIC
Q4 25
$-8.3M
Q3 25
$-9.2M
$105.1M
Q2 25
$-35.9M
$61.4M
Q1 25
$5.8M
Q4 24
$29.6M
Q3 24
$12.9M
$-134.4M
Q2 24
$-54.6M
$70.7M
Q1 24
$-36.5M
Gross Margin
GTLB
GTLB
IGIC
IGIC
Q4 25
86.8%
Q3 25
87.9%
Q2 25
88.3%
Q1 25
89.2%
Q4 24
88.7%
Q3 24
88.3%
Q2 24
88.9%
Q1 24
90.2%
Operating Margin
GTLB
GTLB
IGIC
IGIC
Q4 25
-5.1%
Q3 25
-7.8%
Q2 25
-16.1%
24.2%
Q1 25
-9.1%
Q4 24
-14.7%
Q3 24
-22.5%
Q2 24
-31.7%
-73.3%
Q1 24
-21.3%
Net Margin
GTLB
GTLB
IGIC
IGIC
Q4 25
-3.4%
Q3 25
-3.9%
26.0%
Q2 25
-16.7%
23.5%
Q1 25
2.7%
Q4 24
15.1%
Q3 24
7.1%
-36.4%
Q2 24
-32.3%
26.6%
Q1 24
-22.3%
EPS (diluted)
GTLB
GTLB
IGIC
IGIC
Q4 25
$-0.05
Q3 25
$-0.06
$2.31
Q2 25
$-0.22
$1.36
Q1 25
$0.05
Q4 24
$0.18
Q3 24
$0.08
$1.82
Q2 24
$-0.35
$1.55
Q1 24
$-0.23

Balance Sheet & Financial Strength

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

Metric
GTLB
GTLB
IGIC
IGIC
Cash + ST InvestmentsLiquidity on hand
$224.2M
$244.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$922.7M
$654.8M
Total Assets
$1.6B
$2.0B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GTLB
GTLB
IGIC
IGIC
Q4 25
$224.2M
Q3 25
$261.4M
$244.7M
Q2 25
$255.7M
$164.8M
Q1 25
$227.6M
Q4 24
$176.6M
Q3 24
$438.6M
$219.2M
Q2 24
$420.3M
$237.3M
Q1 24
$288.0M
Stockholders' Equity
GTLB
GTLB
IGIC
IGIC
Q4 25
$922.7M
Q3 25
$866.6M
$654.8M
Q2 25
$808.3M
$662.3M
Q1 25
$775.9M
Q4 24
$724.7M
Q3 24
$642.8M
$540.5M
Q2 24
$567.8M
$588.2M
Q1 24
$571.2M
Total Assets
GTLB
GTLB
IGIC
IGIC
Q4 25
$1.6B
Q3 25
$1.5B
$2.0B
Q2 25
$1.4B
$2.1B
Q1 25
$1.4B
Q4 24
$1.3B
Q3 24
$1.4B
$1.8B
Q2 24
$1.3B
$2.0B
Q1 24
$1.3B

Cash Flow & Capital Efficiency

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

Metric
GTLB
GTLB
IGIC
IGIC
Operating Cash FlowLast quarter
$31.4M
Free Cash FlowOCF − Capex
$28.4M
FCF MarginFCF / Revenue
11.6%
Capex IntensityCapex / Revenue
1.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$242.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GTLB
GTLB
IGIC
IGIC
Q4 25
$31.4M
Q3 25
$49.4M
Q2 25
$106.3M
$27.2M
Q1 25
$63.2M
Q4 24
$-177.0M
Q3 24
$11.7M
Q2 24
$38.1M
$120.7M
Q1 24
$24.9M
Free Cash Flow
GTLB
GTLB
IGIC
IGIC
Q4 25
$28.4M
Q3 25
$46.5M
Q2 25
$105.4M
$26.8M
Q1 25
$62.1M
Q4 24
$-178.1M
Q3 24
$10.8M
Q2 24
$37.4M
$119.8M
Q1 24
$24.5M
FCF Margin
GTLB
GTLB
IGIC
IGIC
Q4 25
11.6%
Q3 25
19.7%
Q2 25
49.1%
10.2%
Q1 25
29.4%
Q4 24
-90.8%
Q3 24
5.9%
Q2 24
22.1%
45.1%
Q1 24
15.0%
Capex Intensity
GTLB
GTLB
IGIC
IGIC
Q4 25
1.2%
Q3 25
1.2%
Q2 25
0.4%
0.2%
Q1 25
0.5%
Q4 24
0.5%
Q3 24
0.5%
Q2 24
0.4%
0.3%
Q1 24
0.2%
Cash Conversion
GTLB
GTLB
IGIC
IGIC
Q4 25
Q3 25
Q2 25
0.44×
Q1 25
10.89×
Q4 24
-5.99×
Q3 24
0.90×
Q2 24
1.71×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

GTLB
GTLB

Subscription And Circulation$146.4M60%
Subscription Software As A Service$76.9M31%
License$15.5M6%
Professional Services And Other$5.6M2%

IGIC
IGIC

Segment breakdown not available.

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