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

Intapp (NASDAQ:INTA) posted its quarterly earnings data on Tuesday. The company reported $0.41 EPS for the quarter, beating analysts’ consensus estimates 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 company had revenue of $152.53 million for the quarter, compared to analyst estimates of $149.75 million. During the same period in the previous year, the business posted $0.27 earnings per share. Intapp’s quarterly revenue 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 Stock Down 1.9%

Shares of Intapp stock traded down $0.62 during trading hours on Tuesday, hitting $32.78. 1,187,307 shares of the company’s stock traded hands, compared to its average volume of 1,089,090. Intapp has a twelve month low of $19.01 and a twelve month high of $47.93. The stock has a 50 day simple moving average of $25.82 and a 200-day simple moving average of $25.74. The company has a market cap of $2.52 billion, a PE ratio of -71.26, a PEG ratio of 4.97 and a beta of 0.42.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on INTA shares. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Intapp in a report on Friday, June 5th. UBS Group cut 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. Zacks Research cut shares of Intapp from a “hold” rating to a “strong sell” rating in a research note on Thursday, July 30th. JPMorgan Chase & Co. cut their target price on shares of Intapp from $58.00 to $47.00 and set an “overweight” rating for the company in a research report on Wednesday, May 6th. Finally, Barclays upped their price target on shares of Intapp from $20.00 to $25.00 and gave the company an “underweight” rating in a report on Wednesday, May 6th. Three equities research 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. According to MarketBeat, Intapp currently has a consensus rating of “Hold” and a consensus target price of $34.57.

Insider Activity

In other Intapp news, insider Michele Murgel sold 14,591 shares of the firm’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 directly owned 233,632 shares of the company’s stock, valued at $5,845,472.64. This trade represents a 5.88% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 11.21% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Intapp

Several large investors have recently bought and sold shares of the stock. Natixis Advisors LLC raised its stake in shares of Intapp by 2.2% in the 3rd quarter. Natixis Advisors LLC now owns 11,603 shares of the company’s stock worth $475,000 after buying an additional 250 shares in the last quarter. Caxton Associates LLP raised its position in shares of Intapp by 6.9% during the second quarter. Caxton Associates LLP now owns 5,982 shares of the company’s stock worth $309,000 after purchasing an additional 388 shares during the period. Strive Financial Group LLC purchased a new position in Intapp in the 4th quarter worth about $28,000. State of Wyoming raised its holdings in Intapp by 75.7% during the 4th quarter. State of Wyoming now owns 1,597 shares of the company’s stock worth $73,000 after buying an additional 688 shares during the period. Finally, State of Tennessee Department of Treasury lifted its stake in Intapp by 15.8% during the fourth quarter. State of Tennessee Department of Treasury now owns 5,646 shares of the company’s stock valued at $259,000 after buying an additional 770 shares in the last quarter. Institutional investors and hedge funds own 89.96% of the company’s stock.

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.