vs

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

Tyler Technologies is the larger business by last-quarter revenue ($575.2M vs $403.8M, roughly 1.4× International General Insurance Holdings Ltd.). International General Insurance Holdings Ltd. runs the higher net margin — 26.0% vs 11.4%, a 14.6% 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.

Tyler Technologies, Inc. is an American technology company based in Plano, Texas, that provides proprietary software to the U.S. public sector. Tyler Technologies has offices in 17 states and one in Toronto, Ontario, Canada.

IGIC vs TYL — Head-to-Head

Bigger by revenue
TYL
TYL
1.4× larger
TYL
$575.2M
$403.8M
IGIC
Higher net margin
IGIC
IGIC
14.6% more per $
IGIC
26.0%
11.4%
TYL

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
IGIC
IGIC
TYL
TYL
Revenue
$403.8M
$575.2M
Net Profit
$105.1M
$65.5M
Gross Margin
45.5%
Operating Margin
13.0%
Net Margin
26.0%
11.4%
Revenue YoY
6.3%
Net Profit YoY
0.5%
EPS (diluted)
$2.31
$1.50

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
TYL
TYL
Q4 25
$575.2M
Q3 25
$403.8M
$595.9M
Q2 25
$261.9M
$596.1M
Q1 25
$565.2M
Q4 24
$541.1M
Q3 24
$369.6M
$543.3M
Q2 24
$265.8M
$541.0M
Q1 24
$512.4M
Net Profit
IGIC
IGIC
TYL
TYL
Q4 25
$65.5M
Q3 25
$105.1M
$84.4M
Q2 25
$61.4M
$84.6M
Q1 25
$81.1M
Q4 24
$65.2M
Q3 24
$-134.4M
$75.9M
Q2 24
$70.7M
$67.7M
Q1 24
$54.2M
Gross Margin
IGIC
IGIC
TYL
TYL
Q4 25
45.5%
Q3 25
47.2%
Q2 25
45.8%
Q1 25
47.3%
Q4 24
43.8%
Q3 24
43.7%
Q2 24
44.0%
Q1 24
43.7%
Operating Margin
IGIC
IGIC
TYL
TYL
Q4 25
13.0%
Q3 25
16.4%
Q2 25
24.2%
16.0%
Q1 25
15.8%
Q4 24
13.2%
Q3 24
15.2%
Q2 24
-73.3%
14.4%
Q1 24
13.1%
Net Margin
IGIC
IGIC
TYL
TYL
Q4 25
11.4%
Q3 25
26.0%
14.2%
Q2 25
23.5%
14.2%
Q1 25
14.3%
Q4 24
12.1%
Q3 24
-36.4%
14.0%
Q2 24
26.6%
12.5%
Q1 24
10.6%
EPS (diluted)
IGIC
IGIC
TYL
TYL
Q4 25
$1.50
Q3 25
$2.31
$1.93
Q2 25
$1.36
$1.93
Q1 25
$1.84
Q4 24
$1.48
Q3 24
$1.82
$1.74
Q2 24
$1.55
$1.57
Q1 24
$1.26

Balance Sheet & Financial Strength

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

Metric
IGIC
IGIC
TYL
TYL
Cash + ST InvestmentsLiquidity on hand
$244.7M
$1.1B
Total DebtLower is stronger
$599.7M
Stockholders' EquityBook value
$654.8M
$3.7B
Total Assets
$2.0B
$5.6B
Debt / EquityLower = less leverage
0.16×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IGIC
IGIC
TYL
TYL
Q4 25
$1.1B
Q3 25
$244.7M
$950.8M
Q2 25
$164.8M
$892.3M
Q1 25
$807.4M
Q4 24
$768.0M
Q3 24
$219.2M
$544.3M
Q2 24
$237.3M
$258.0M
Q1 24
$196.9M
Total Debt
IGIC
IGIC
TYL
TYL
Q4 25
$599.7M
Q3 25
$599.2M
Q2 25
$598.8M
Q1 25
$598.4M
Q4 24
$597.9M
Q3 24
$597.5M
Q2 24
$597.1M
Q1 24
$596.6M
Stockholders' Equity
IGIC
IGIC
TYL
TYL
Q4 25
$3.7B
Q3 25
$654.8M
$3.6B
Q2 25
$662.3M
$3.6B
Q1 25
$3.5B
Q4 24
$3.4B
Q3 24
$540.5M
$3.3B
Q2 24
$588.2M
$3.1B
Q1 24
$3.0B
Total Assets
IGIC
IGIC
TYL
TYL
Q4 25
$5.6B
Q3 25
$2.0B
$5.5B
Q2 25
$2.1B
$5.4B
Q1 25
$5.2B
Q4 24
$5.2B
Q3 24
$1.8B
$5.0B
Q2 24
$2.0B
$4.8B
Q1 24
$4.6B
Debt / Equity
IGIC
IGIC
TYL
TYL
Q4 25
0.16×
Q3 25
0.17×
Q2 25
0.16×
Q1 25
0.17×
Q4 24
0.18×
Q3 24
0.18×
Q2 24
0.19×
Q1 24
0.20×

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
TYL
TYL
Operating Cash FlowLast quarter
$243.9M
Free Cash FlowOCF − Capex
$239.6M
FCF MarginFCF / Revenue
41.7%
Capex IntensityCapex / Revenue
0.8%
Cash ConversionOCF / Net Profit
3.72×
TTM Free Cash FlowTrailing 4 quarters
$637.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IGIC
IGIC
TYL
TYL
Q4 25
$243.9M
Q3 25
$255.2M
Q2 25
$27.2M
$98.3M
Q1 25
$56.2M
Q4 24
$224.8M
Q3 24
$263.7M
Q2 24
$120.7M
$64.3M
Q1 24
$71.8M
Free Cash Flow
IGIC
IGIC
TYL
TYL
Q4 25
$239.6M
Q3 25
$251.3M
Q2 25
$26.8M
$92.8M
Q1 25
$53.8M
Q4 24
$221.0M
Q3 24
$260.8M
Q2 24
$119.8M
$57.7M
Q1 24
$64.6M
FCF Margin
IGIC
IGIC
TYL
TYL
Q4 25
41.7%
Q3 25
42.2%
Q2 25
10.2%
15.6%
Q1 25
9.5%
Q4 24
40.8%
Q3 24
48.0%
Q2 24
45.1%
10.7%
Q1 24
12.6%
Capex Intensity
IGIC
IGIC
TYL
TYL
Q4 25
0.8%
Q3 25
0.7%
Q2 25
0.2%
0.9%
Q1 25
0.4%
Q4 24
0.7%
Q3 24
0.5%
Q2 24
0.3%
1.2%
Q1 24
1.4%
Cash Conversion
IGIC
IGIC
TYL
TYL
Q4 25
3.72×
Q3 25
3.02×
Q2 25
0.44×
1.16×
Q1 25
0.69×
Q4 24
3.45×
Q3 24
3.47×
Q2 24
1.71×
0.95×
Q1 24
1.33×

Financial Flow Comparison

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

Revenue Breakdown by Segment

IGIC
IGIC

Segment breakdown not available.

TYL
TYL

Saas Arrangements$186.1M32%
Platform Technologies Segment$143.3M25%
Maintenance$109.4M19%
Professional Services$55.3M10%
Nonrecurring Revenue$51.3M9%
Other$21.4M4%
Hardware And Other$8.4M1%

Related Comparisons