Intapp (NASDAQ:INTA) Posts Earnings Results, Beats Estimates By $0.01 EPS

Intapp (NASDAQ:INTA) announced its quarterly earnings data on Tuesday. The company reported $0.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.28 by $0.01, FiscalAI reports. The company had revenue of $146.04 million during the quarter, compared to the consensus estimate of $144.32 million. Intapp had a negative return on equity of 2.10% and a negative net margin of 6.48%.The firm’s revenue was up 13.1% on a year-over-year basis. During the same period in the previous year, the company posted $0.26 EPS. Intapp updated its Q4 2026 guidance to 0.360-0.380 EPS and its FY 2026 guidance to 1.220-1.240 EPS.

Here are the key takeaways from Intapp’s conference call:

• Intapp delivered a strong quarter with cloud ARR of $459.3M (up 31% YoY), SaaS revenue of $107.9M (up 27% YoY), total revenue of $146M (up 13% YoY), 123% cloud NRR, and a record free cash flow quarter of $63.4M.
• The company launched its AI-native agent platform Celeste in limited availability and says Celeste accounted for over 15% of net new bookings this quarter, with early client wins (e.g., Ropes & Gray) and a strong pipeline.
• Strategic ecosystem validation—public endorsements and deeper alliances with Microsoft, Anthropic, and others plus expanding Azure/marketplace activity are driving deal velocity and larger enterprise transactions.
• Management argues Intapp has a unique compliance-and-workflow moat that can expand TAM and enable new consumption-based pricing, but these are largely forward-looking claims tied to early-stage adoption.
• Near-term risks include declining license revenue (down 22% YoY as clients migrate to cloud), higher non-GAAP operating expenses ($89.3M), and that Celeste is still in limited availability so broader monetization is nascent.

Intapp Price Performance

Shares of NASDAQ INTA traded up $0.93 during midday trading on Thursday, reaching $24.00. 523,817 shares of the stock traded hands, compared to its average volume of 1,144,463. The company’s 50 day moving average is $24.03 and its 200 day moving average is $33.50. Intapp has a one year low of $19.24 and a one year high of $58.84. The stock has a market capitalization of $1.93 billion, a PE ratio of -52.17, a P/E/G ratio of 86.00 and a beta of 0.49.

Institutional Trading of Intapp

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Strive Financial Group LLC purchased a new stake in Intapp during the 4th quarter valued at $28,000. Federation des caisses Desjardins du Quebec raised its holdings in Intapp by 913.5% during the 4th quarter. Federation des caisses Desjardins du Quebec now owns 1,054 shares of the company’s stock valued at $48,000 after buying an additional 950 shares during the period. Advisory Services Network LLC purchased a new stake in Intapp during the 3rd quarter valued at $66,000. State of Wyoming increased its stake in Intapp by 75.7% in the fourth quarter. State of Wyoming now owns 1,597 shares of the company’s stock worth $73,000 after purchasing an additional 688 shares during the period. Finally, Russell Investments Group Ltd. increased its stake in Intapp by 208.0% in the second quarter. Russell Investments Group Ltd. now owns 1,848 shares of the company’s stock worth $95,000 after purchasing an additional 1,248 shares during the period. Hedge funds and other institutional investors own 89.96% of the company’s stock.

Analyst Ratings Changes

INTA has been the subject of several recent analyst reports. Truist Financial set a $35.00 price target on Intapp in a research note on Wednesday, February 4th. Barclays upped their price target on Intapp from $20.00 to $25.00 and gave the stock an “underweight” rating in a research note on Wednesday. UBS Group dropped their price target on Intapp from $54.00 to $46.00 and set a “buy” rating for the company in a research note on Thursday, April 23rd. Citigroup restated a “neutral” rating on shares of Intapp in a research note on Thursday. Finally, Piper Sandler dropped their price target on Intapp from $33.00 to $25.00 and set a “neutral” rating for the company in a research note on Thursday, February 26th. Three analysts have rated the stock with a Buy rating, three have assigned a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, Intapp currently has an average rating of “Hold” and a consensus target price of $35.57.

Intapp declared that its board has approved a share repurchase plan on Tuesday, February 3rd that permits the company to buyback $200.00 million in shares. This buyback authorization permits the company to purchase up to 7.3% of its stock through open market purchases. Stock buyback plans are often a sign that the company’s board believes its shares are undervalued.

Intapp Company Profile

Intapp, Inc, headquartered in Palo Alto, California, is a leading provider of cloud-based software solutions designed to meet the unique needs of professional services firms, including law firms, accounting practices, and financial institutions. The company’s integrated platform connects front-office business development with back-office risk and compliance functions, enabling organizations to streamline workflows, improve collaboration and enhance client service.

Intapp’s suite of applications—such as Intake, Conflicts, Risk, Open, Time and Flow—addresses the entire client lifecycle.