Intapp (NASDAQ:INTA) Announces Quarterly Earnings Results, Beats Expectations By $0.01 EPS

Intapp (NASDAQ:INTA) announced its quarterly earnings results on Tuesday. The company reported $0.29 EPS for the quarter, topping the consensus estimate of $0.28 by $0.01, FiscalAI reports. Intapp had a negative net margin of 4.37% and a negative return on equity of 0.62%. The firm had revenue of $146.04 million for the quarter, compared to analyst estimates of $144.32 million. During the same period last year, the business earned $0.26 EPS. Intapp’s revenue for the quarter was up 13.1% compared to the same quarter last year. 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 Trading Up 1.7%

Shares of NASDAQ:INTA traded up $0.41 during midday trading on Tuesday, hitting $24.08. The stock had a trading volume of 751,200 shares, compared to its average volume of 783,751. The company has a market capitalization of $1.94 billion, a PE ratio of -80.27, a P/E/G ratio of 84.54 and a beta of 0.49. The stock has a 50 day moving average price of $23.96 and a two-hundred day moving average price of $33.60. Intapp has a 1 year low of $19.24 and a 1 year high of $58.84.

Intapp announced that its Board of Directors has authorized a stock buyback plan on Tuesday, February 3rd that permits the company to repurchase $200.00 million in outstanding shares. This repurchase authorization permits the company to buy up to 7.3% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company’s leadership believes its shares are undervalued.

Analysts Set New Price Targets

Several equities research analysts recently commented on INTA shares. Oppenheimer reiterated a “market perform” rating on shares of Intapp in a research note on Thursday, February 26th. Citigroup dropped their price objective on shares of Intapp from $49.00 to $36.00 and set a “neutral” rating on the stock in a research note on Thursday, February 5th. Wall Street Zen lowered shares of Intapp from a “strong-buy” rating to a “buy” rating in a research note on Sunday, April 19th. JPMorgan Chase & Co. dropped their price objective on shares of Intapp from $70.00 to $58.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 4th. Finally, UBS Group dropped their price objective on shares of Intapp from $54.00 to $46.00 and set a “buy” rating on the stock in a research note on Thursday, April 23rd. Three equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $36.43.

Intapp News Summary

Here are the key news stories impacting Intapp this week:

• Positive Sentiment: Q3 results beat expectations — Intapp reported $0.29 EPS vs. ~$0.28 consensus and revenue of $146.04M vs. ~$144.3M; revenue was up ~13.1% year‑over‑year. Intapp announces third quarter fiscal year 2026 financial results
• Positive Sentiment: Management raised guidance materially above Street forecasts — FY2026 EPS guide of $1.220–1.240 vs. consensus ~0.98, and Q4 EPS guide of $0.360–0.380 vs. ~0.30; revenue guides modestly above consensus. This upward guidance is driving optimism about margin and earnings trajectory. Intapp announces third quarter fiscal year 2026 financial results
• Positive Sentiment: Company highlighted new client adds and expansion of product mix across sectors — a signal of durable demand and cross‑sell potential for its governed AI platform. Intapp announces third quarter fiscal year 2026 financial results
• Neutral Sentiment: Analyst write‑ups and metric comparisons are available — Zacks and others contextualize the beat and provide deeper metric comparisons vs. Wall Street and year‑ago figures. Useful for modeling the raise vs. prior expectations. Intapp (INTA) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
• Neutral Sentiment: Company provided investor materials — press release, slide deck and conference call transcript are posted for details on assumptions behind the guidance and margin outlook. Intapp earnings materials
• Negative Sentiment: Profitability remains a concern — Intapp reported a negative net margin (~‑4.37%) and negative ROE (~‑0.62%), so improved GAAP profitability still depends on scaling revenue and controlling costs. Intapp earnings details
• Negative Sentiment: Street estimates still vary — some published forecasts remain cautious (one dataset shows consensus near break‑even for the current fiscal year), so the stock could reprice if management’s execution or macro conditions deviate from the new, higher targets. INTA Tops Q3 Earnings and Revenue Estimates

Institutional Trading of Intapp

A number of institutional investors have recently added to or reduced their stakes in the stock. Strive Financial Group LLC purchased a new stake in Intapp during the fourth quarter worth about $28,000. Mercer Global Advisors Inc. ADV purchased a new stake in Intapp during the fourth quarter worth about $320,000. State of Tennessee Department of Treasury boosted its holdings 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 worth $259,000 after buying an additional 770 shares in the last quarter. Fuller & Thaler Asset Management Inc. boosted its holdings in Intapp by 10.6% during the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 1,134,697 shares of the company’s stock worth $51,992,000 after buying an additional 108,939 shares in the last quarter. Finally, XTX Topco Ltd boosted its holdings in Intapp by 211.0% during the fourth quarter. XTX Topco Ltd now owns 19,856 shares of the company’s stock worth $910,000 after buying an additional 13,472 shares in the last quarter. Hedge funds and other institutional investors 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.