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

UiPath, Inc. is the larger business by last-quarter revenue ($411.1M vs $403.8M, roughly 1.0× International General Insurance Holdings Ltd.). UiPath, Inc. runs the higher net margin — 48.4% vs 26.0%, a 22.3% gap on every dollar of revenue.

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.

UiPath Inc. is a global software company that develops artificial intelligence (AI) and agentic automation and orchestration software. The company's software enables the building and orchestration of AI agents to automate complex processes and workflows.

IGIC vs PATH — Head-to-Head

Bigger by revenue
PATH
PATH
1.0× larger
PATH
$411.1M
$403.8M
IGIC
Higher net margin
PATH
PATH
22.3% more per $
PATH
48.4%
26.0%
IGIC

Income Statement — Q3 FY2025 vs Q3 FY2026

Metric
IGIC
IGIC
PATH
PATH
Revenue
$403.8M
$411.1M
Net Profit
$105.1M
$198.8M
Gross Margin
83.3%
Operating Margin
3.2%
Net Margin
26.0%
48.4%
Revenue YoY
15.9%
Net Profit YoY
1966.2%
EPS (diluted)
$2.31
$0.37

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
IGIC
IGIC
PATH
PATH
Q4 25
$411.1M
Q3 25
$403.8M
$361.7M
Q2 25
$261.9M
$356.6M
Q1 25
$423.6M
Q4 24
$354.7M
Q3 24
$369.6M
$316.3M
Q2 24
$265.8M
$335.1M
Q1 24
$405.3M
Net Profit
IGIC
IGIC
PATH
PATH
Q4 25
$198.8M
Q3 25
$105.1M
$1.6M
Q2 25
$61.4M
$-22.6M
Q1 25
$51.8M
Q4 24
$-10.7M
Q3 24
$-134.4M
$-86.1M
Q2 24
$70.7M
$-28.7M
Q1 24
$33.9M
Gross Margin
IGIC
IGIC
PATH
PATH
Q4 25
83.3%
Q3 25
82.2%
Q2 25
82.1%
Q1 25
84.8%
Q4 24
82.0%
Q3 24
80.0%
Q2 24
83.5%
Q1 24
86.8%
Operating Margin
IGIC
IGIC
PATH
PATH
Q4 25
3.2%
Q3 25
-5.6%
Q2 25
24.2%
-4.6%
Q1 25
7.9%
Q4 24
-12.2%
Q3 24
-32.7%
Q2 24
-73.3%
-14.8%
Q1 24
3.7%
Net Margin
IGIC
IGIC
PATH
PATH
Q4 25
48.4%
Q3 25
26.0%
0.4%
Q2 25
23.5%
-6.3%
Q1 25
12.2%
Q4 24
-3.0%
Q3 24
-36.4%
-27.2%
Q2 24
26.6%
-8.6%
Q1 24
8.4%
EPS (diluted)
IGIC
IGIC
PATH
PATH
Q4 25
$0.37
Q3 25
$2.31
$0.00
Q2 25
$1.36
$-0.04
Q1 25
$0.09
Q4 24
$-0.02
Q3 24
$1.82
$-0.15
Q2 24
$1.55
$-0.05
Q1 24
$0.07

Balance Sheet & Financial Strength

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

Metric
IGIC
IGIC
PATH
PATH
Cash + ST InvestmentsLiquidity on hand
$244.7M
$1.4B
Total DebtLower is stronger
Stockholders' EquityBook value
$654.8M
$1.9B
Total Assets
$2.0B
$2.9B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IGIC
IGIC
PATH
PATH
Q4 25
$1.4B
Q3 25
$244.7M
$1.4B
Q2 25
$164.8M
$1.6B
Q1 25
$1.6B
Q4 24
$1.6B
Q3 24
$219.2M
$1.7B
Q2 24
$237.3M
$1.9B
Q1 24
$1.9B
Stockholders' Equity
IGIC
IGIC
PATH
PATH
Q4 25
$1.9B
Q3 25
$654.8M
$1.7B
Q2 25
$662.3M
$1.7B
Q1 25
$1.8B
Q4 24
$1.7B
Q3 24
$540.5M
$1.8B
Q2 24
$588.2M
$2.0B
Q1 24
$2.0B
Total Assets
IGIC
IGIC
PATH
PATH
Q4 25
$2.9B
Q3 25
$2.0B
$2.6B
Q2 25
$2.1B
$2.6B
Q1 25
$2.9B
Q4 24
$2.7B
Q3 24
$1.8B
$2.7B
Q2 24
$2.0B
$2.8B
Q1 24
$3.0B

Cash Flow & Capital Efficiency

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

Metric
IGIC
IGIC
PATH
PATH
Operating Cash FlowLast quarter
$28.3M
Free Cash FlowOCF − Capex
$25.1M
FCF MarginFCF / Revenue
6.1%
Capex IntensityCapex / Revenue
0.8%
Cash ConversionOCF / Net Profit
0.14×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IGIC
IGIC
PATH
PATH
Q4 25
$28.3M
Q3 25
$41.6M
Q2 25
$27.2M
$119.0M
Q1 25
$146.1M
Q4 24
$28.1M
Q3 24
$46.4M
Q2 24
$120.7M
$100.0M
Q1 24
$145.6M
Free Cash Flow
IGIC
IGIC
PATH
PATH
Q4 25
$25.1M
Q3 25
Q2 25
$26.8M
$106.2M
Q1 25
$138.7M
Q4 24
$23.2M
Q3 24
$45.0M
Q2 24
$119.8M
$98.8M
Q1 24
$141.8M
FCF Margin
IGIC
IGIC
PATH
PATH
Q4 25
6.1%
Q3 25
Q2 25
10.2%
29.8%
Q1 25
32.7%
Q4 24
6.5%
Q3 24
14.2%
Q2 24
45.1%
29.5%
Q1 24
35.0%
Capex Intensity
IGIC
IGIC
PATH
PATH
Q4 25
0.8%
Q3 25
0.0%
Q2 25
0.2%
3.6%
Q1 25
1.7%
Q4 24
1.4%
Q3 24
0.4%
Q2 24
0.3%
0.4%
Q1 24
0.9%
Cash Conversion
IGIC
IGIC
PATH
PATH
Q4 25
0.14×
Q3 25
26.25×
Q2 25
0.44×
Q1 25
2.82×
Q4 24
Q3 24
Q2 24
1.71×
Q1 24
4.29×

Financial Flow Comparison

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

Revenue Breakdown by Segment

IGIC
IGIC

Segment breakdown not available.

PATH
PATH

Subscription Services$247.6M60%
License$150.0M36%
Professional Services And Other$13.5M3%

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