Intapp (NASDAQ:INTA) Announces Quarterly Earnings Results, Beats Expectations By $0.05 EPS

Intapp (NASDAQ:INTA) posted its quarterly earnings results on Tuesday. The company reported $0.41 earnings per share for the quarter, beating the consensus estimate of $0.36 by $0.05, FiscalAI reports. Intapp had a negative net margin of 6.48% and a negative return on equity of 2.28%. The business had revenue of $152.53 million during the quarter, compared to analysts’ expectations of $149.75 million. During the same quarter in the prior year, the company posted $0.27 EPS. The business’s revenue for the quarter was up 13.0% on a year-over-year basis. Intapp updated its Q1 2027 guidance to 0.390-0.410 EPS and its FY 2027 guidance to 1.580-1.620 EPS.

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

• Cloud and subscription growth remained strong: Q4 cloud ARR increased 29% year over year to $495.7 million, while subscription revenue rose 27% and cloud net revenue retention held at 123%. Cloud migrations reached a quarterly record, with more than 30 signed in Q4.
• Celeste and Firm AI gained early traction: AI represented more than 20% of net new bookings in Q4, and bookings doubled sequentially during the quarter despite Celeste being in limited availability. Management said the product is attracting senior firm leaders, winning competitive evaluations, and became generally available on July 15.
• Profitability and cash flow improved materially: Q4 non-GAAP operating income rose to $34.3 million from $21.3 million, while full-year free cash flow reached $144.7 million, or 25% of revenue. The company also repurchased 8.4 million shares during the year and has approximately $75 million remaining under its authorization.
• On-premise revenue continues to decline as customers migrate: Q4 license revenue fell 25% year over year as clients shortened on-premise contracts ahead of cloud moves, creating near-term pressure on license revenue and total remaining performance obligations. Management views the trend as strengthening the longer-term subscription and Celeste opportunity.
• Fiscal 2027 guidance calls for continued growth and leverage: The company expects subscription revenue of $528.7 million to $532.7 million, total revenue of $656.5 million to $660.5 million, and non-GAAP EPS of $1.58 to $1.62. Management attributed its confidence to cloud growth, expanding Celeste monetization, and operating leverage.

Intapp Price Performance

Shares of INTA traded up $4.35 during midday trading on Wednesday, reaching $37.13. The stock had a trading volume of 738,466 shares, compared to its average volume of 1,085,901. The company has a market cap of $2.86 billion, a price-to-earnings ratio of -80.72, a PEG ratio of 5.08 and a beta of 0.42. The company’s fifty day simple moving average is $26.08 and its two-hundred day simple moving average is $25.68. Intapp has a 1-year low of $19.01 and a 1-year high of $47.93.

Insider Activity at Intapp

In related news, insider Michele Murgel sold 14,591 shares of the business’s stock in a transaction on Friday, June 26th. The shares were sold at an average price of $25.02, for a total transaction of $365,066.82. Following the completion of the transaction, the insider owned 233,632 shares in the company, valued at approximately $5,845,472.64. The trade was a 5.88% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 11.21% of the company’s stock.

Institutional Trading of Intapp

Institutional investors have recently bought and sold shares of the business. Wellington Management Group LLP increased its holdings in shares of Intapp by 143.7% in the 3rd quarter. Wellington Management Group LLP now owns 1,891,556 shares of the company’s stock valued at $77,365,000 after acquiring an additional 1,115,392 shares during the last quarter. Alliancebernstein L.P. lifted its stake in Intapp by 7.4% during the third quarter. Alliancebernstein L.P. now owns 1,810,883 shares of the company’s stock worth $74,065,000 after purchasing an additional 124,978 shares during the last quarter. Praesidium Investment Management Company LLC boosted its holdings in Intapp by 26.2% in the third quarter. Praesidium Investment Management Company LLC now owns 1,743,083 shares of the company’s stock valued at $71,292,000 after purchasing an additional 361,691 shares in the last quarter. Price T Rowe Associates Inc. MD boosted its holdings in Intapp by 65.0% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 1,478,394 shares of the company’s stock valued at $67,741,000 after purchasing an additional 582,419 shares in the last quarter. Finally, State Street Corp boosted its holdings in Intapp by 5.5% in the fourth quarter. State Street Corp now owns 1,367,990 shares of the company’s stock valued at $62,681,000 after purchasing an additional 71,696 shares in the last quarter. 89.96% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have commented on INTA shares. JPMorgan Chase & Co. decreased their target price on shares of Intapp from $58.00 to $47.00 and set an “overweight” rating on the stock in a research report on Wednesday, May 6th. Weiss Ratings restated a “sell (e+)” rating on shares of Intapp in a report on Friday, June 5th. Truist Financial set a $45.00 price target on shares of Intapp in a research report on Wednesday. Barclays lifted their target price on Intapp from $25.00 to $29.00 and gave the company an “underweight” rating in a report on Wednesday. Finally, Zacks Research lowered Intapp from a “hold” rating to a “strong sell” rating in a research report on Thursday, July 30th. Three analysts have rated the stock with a Buy rating, three have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat, Intapp has an average rating of “Hold” and a consensus target price of $36.57.

Trending Headlines about Intapp

Here are the key news stories impacting Intapp this week:

• Positive Sentiment: Fiscal Q4 results exceeded expectations. Intapp reported adjusted earnings of $0.41 per share, compared with the $0.36 consensus estimate and $0.27 a year earlier. Revenue rose 13% year over year to $152.5 million, surpassing estimates of approximately $149.8 million. Intapp Q4 Earnings and Revenues Top Estimates
• Positive Sentiment: Fiscal 2027 earnings guidance was substantially above consensus. Intapp forecast full-year EPS of $1.58-$1.62, well above the $1.29 analyst estimate. Revenue guidance of $656.5 million-$660.5 million was broadly in line with the $656.4 million consensus, suggesting the upside is primarily tied to profitability and operating leverage. Intapp Announces Fourth Quarter and Fiscal Year 2026 Financial Results
• Positive Sentiment: Near-term guidance also topped expectations. Intapp expects first-quarter fiscal 2027 EPS of $0.39-$0.41 versus consensus of $0.28, while revenue guidance of $159.3 million-$160.3 million exceeds the $157.4 million estimate. Intapp Fiscal 2027 Guidance
• Neutral Sentiment: Investors are assessing execution risks following the rally. Although operating results improved, Intapp still reported a negative net margin and negative return on equity. The stock’s valuation and ability to convert its AI investments into sustained profit growth may remain important considerations. Intapp Q4 2026 Earnings Call Transcript

About Intapp

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.