International General Insurance Holdings Ltd. (IGIC) Income Statement
IGIC 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsIGIC revenue and net income
Where IGIC's revenue goes
2025Each bar shows an amount and its share of revenue. IGIC kept 24.6% of revenue as net income.
IGIC profit margins
IGIC growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −1.8% | +9.4% | +10.9% | +11.9% |
| Gross profit | +30.7% | +21.8% | +28.4% | +6.0% |
| Operating income | −3.8% | +11.3% | +34.1% | +12.9% |
| Net income | −5.9% | +12.5% | +36.1% | +13.8% |
| EPS (diluted) | −11.9% | +10.6% | +44.7% | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
IGIC quarterly EPS vs estimates
International General Insurance beat the analyst EPS estimate in 1 of the last 8 quarters. Next report: November 3, 2026 (estimate $0.70).
IGIC income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $516.7M | $526.0M | $477.1M | $394.4M | $347.0M | $308.3M | $249.9M | $208.0M | $179.5M | $184.7M |
| Cost of revenue | $215.8M | $295.6M | $264.1M | $227.8M | $232.7M | $222.2M | $177.4M | $144.1M | $139.9M | $121.8M |
| Gross profit | $300.9M | $230.3M | $213.0M | $166.6M | $114.3M | $86.1M | $72.5M | $63.9M | $39.6M | $184.7M |
| Sales, general & admin | $97.0M | $91.8M | $81.4M | $70.2M | $59.6M | $48.0M | $42.6M | $34.3M | $29.7M | $32.2M |
| Total operating expenses | $173.7M | $98.0M | $87.0M | $74.4M | $65.7M | $56.7M | $47.3M | $38.3M | $32.6M | $152.7M |
| Operating income | $127.2M | $132.3M | $126.0M | $92.2M | $48.6M | $29.3M | $25.3M | $25.6M | $7.0M | $30.7M |
| Interest income | $55.3M | $52.1M | $40.7M | $21.1M | $14.8M | $12.9M | $12.0M | $10.7M | $10.1M | $1.2M |
| Interest expense | — | — | — | $132,000 | $358,000 | $325,000 | $108,426 | $153,000 | $129,750 | $0 |
| Income before taxes | $127.2M | $132.3M | $126.0M | $92.2M | $48.6M | $29.3M | $25.3M | $25.6M | $7.0M | $32.0M |
| Income taxes | — | −$2.9M | $7.9M | $2.9M | $1.8M | $2.1M | $1.7M | $62,000 | −$14,422 | −$932,129 |
| Net income | $127.2M | $135.2M | $118.2M | $89.2M | $46.8M | $27.3M | $23.6M | $25.5M | $7.0M | $32.9M |
| EBITDA | $130.8M | $135.7M | $128.6M | $90.9M | $48.6M | $32.1M | $27.3M | $27.0M | $8.5M | $183.9M |
| EPS (diluted) | $2.60 | $2.95 | $2.89 | $1.92 | $1.07 | $0.41 | −$0.18 | −$0.04 | — | — |
| Gross margin | 58.2% | 43.8% | 44.7% | 42.2% | 33.0% | 27.9% | 29.0% | 30.7% | 22.1% | 100.0% |
| Operating margin | 24.6% | 25.2% | 26.4% | 23.4% | 14.0% | 9.5% | 10.1% | 12.3% | 3.9% | 16.6% |
| Net margin | 24.6% | 25.7% | 24.8% | 22.6% | 13.5% | 8.8% | 9.4% | 12.3% | 3.9% | 17.8% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $142.5M | $125.6M | $126.4M | $122.5M | $143.0M | $136.2M | $135.2M | $145.0M | $135.2M | $123.7M | $122.5M | $94.8M |
| Cost of revenue | $95.5M | $54.8M | $46.9M | $63.3M | $79.9M | $84.9M | $0 | $84.7M | $76.5M | $62.5M | $0 | $59.2M |
| Gross profit | $47.0M | $70.8M | $79.5M | $59.2M | $63.0M | $51.3M | $135.2M | $60.3M | $58.7M | $61.2M | $122.5M | $35.6M |
| Sales, general & admin | $23.4M | $25.6M | $26.8M | $24.4M | $24.2M | $22.2M | $22.1M | $23.8M | $23.8M | $22.5M | $22.6M | $20.5M |
| Total operating expenses | $26.0M | $48.8M | $48.8M | $26.1M | $28.3M | $22.6M | $21.8M | $24.7M | $25.1M | $23.8M | $40.0M | $23.3M |
| Operating income | $21.0M | $22.0M | $30.7M | $33.1M | $34.7M | $28.7M | $113.4M | $35.6M | $33.6M | $37.4M | $82.5M | $12.3M |
| Income before taxes | $21.0M | $22.0M | $30.7M | $33.1M | $34.7M | $28.7M | $25.8M | $35.6M | $33.6M | $37.4M | $34.6M | $12.3M |
| Income taxes | $100,000 | $300,000 | −$1.6M | −$400,000 | $578,000 | $1.4M | $4.3M | $1.1M | $800,000 | −$500,000 | $1.6M | $1.4M |
| Net income | $20.9M | $21.7M | $32.3M | $33.5M | $34.1M | $27.3M | $30.1M | $34.5M | $32.8M | $37.9M | $33.0M | $10.9M |
| EBITDA | $21.0M | $22.0M | $30.7M | $33.1M | $34.7M | $28.7M | — | $35.6M | $33.6M | $37.4M | — | $12.3M |
| EPS (diluted) | $0.44 | $0.56 | $0.80 | $0.87 | $0.51 | $0.42 | $0.65 | $0.67 | $0.74 | $0.89 | $0.65 | $0.79 |
| Gross margin | 33.0% | 56.4% | 62.9% | 48.3% | 44.1% | 37.7% | 100.0% | 41.6% | 43.4% | 49.5% | 100.0% | 37.6% |
| Operating margin | 14.7% | 17.5% | 24.3% | 27.0% | 24.3% | 21.1% | 83.9% | 24.6% | 24.9% | 30.2% | 67.3% | 13.0% |
| Net margin | 14.7% | 17.3% | 25.6% | 27.3% | 23.9% | 20.0% | 22.3% | 23.8% | 24.3% | 30.6% | 26.9% | 11.5% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in IGIC's financial statements (latest annual report filed April 21, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
IGIC financial results
In fiscal year 2025 (ended December 31, 2025), International General Insurance reported revenue of $516.7 million, down 1.8% from the year before. It had net income of $127.2 million (down 5.9%), a net profit margin of 24.6%. Diluted earnings per share came to $2.60. Over five years revenue grew at an average rate of 10.9% a year.
See the IGIC stock overview for the latest quote and news, or the IGIC chart for price history and technical indicators.
IGIC income statement FAQ
What is International General Insurance's annual revenue?
International General Insurance reported total revenue of $516.7 million for fiscal year 2025, which ended on December 31, 2025. That was down 1.8% from $526.0 million the previous year.
Is International General Insurance profitable?
Yes. International General Insurance reported net income of $127.2 million in fiscal 2025, a net profit margin of 24.6%; its operating margin was 24.6%.
What is International General Insurance's gross margin?
International General Insurance's gross margin was 58.2% in fiscal 2025: for every $100 of revenue, International General Insurance kept $58 after the direct cost of its products and services.
How fast is International General Insurance growing?
Revenue grew 10.9% a year on average over the last five fiscal years, from $308.3 million to $516.7 million.
What are International General Insurance's earnings per share?
International General Insurance earned $2.60 per diluted share in fiscal 2025, compared with $2.95 a year earlier.
When will International General Insurance report its next earnings?
International General Insurance is expected to report results for the quarter ending September 30, 2026 on November 3, 2026 after the market closes.
When does International General Insurance's fiscal year end?
International General Insurance's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on April 21, 2026.