Intapp (NASDAQ:INTA) Posts Earnings Results, Beats Estimates By $0.07 EPS

Intapp (NASDAQ:INTA) posted its quarterly earnings data on Tuesday. The company reported $0.33 earnings per share for the quarter, topping analysts’ consensus estimates of $0.26 by $0.07, FiscalAI reports. The firm had revenue of $140.21 million during the quarter, compared to analysts’ expectations of $138.20 million. Intapp had a negative net margin of 5.35% and a negative return on equity of 1.58%. The firm’s quarterly revenue was up 15.7% on a year-over-year basis. During the same quarter last year, the company posted $0.21 EPS. Intapp updated its FY 2026 guidance to 1.200-1.240 EPS and its Q3 2026 guidance to 0.270-0.290 EPS.

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

• Cloud ARR reached $434M (up 31% YoY); cloud now represents 81% of total ARR, SaaS revenue was $102.5M (up 28% YoY) and total revenue was $140.2M (up 16% YoY).
• Partner ecosystem—especially Microsoft—continues to drive large enterprise wins, with partners involved in 7 of the 10 largest deals and meaningful Azure Marketplace/co-sell acceleration.
• Profitability and capital returns improved: non-GAAP gross margin rose to 78.1%, non-GAAP operating income was $27.7M, free cash flow was $22.2M, the company repurchased $100M in Q2 and the board authorized an additional $200M.
• Company is doubling down on applied, industry-specific AI and previewing a major product release at Intapp Amplify, while guiding to incremental Q3 investments in AI and marketing that may temper near-term operating income.

Intapp Stock Down 12.9%

Shares of Intapp stock opened at $29.31 on Wednesday. Intapp has a 52-week low of $28.78 and a 52-week high of $77.74. The company has a market capitalization of $2.40 billion, a P/E ratio of -81.41, a P/E/G ratio of 56.57 and a beta of 0.68. The company has a 50 day moving average of $42.22 and a 200 day moving average of $41.62.

Intapp News Roundup

Here are the key news stories impacting Intapp this week:

• Positive Sentiment: Q2 results beat expectations — Intapp reported $0.33 EPS vs. a $0.26 consensus and revenue of $140.21M vs. $138.2M; revenue grew ~15.7% year-over-year. Strong top- and bottom-line beats are a direct bullish catalyst. Intapp announces second quarter fiscal year 2026 financial results
• Positive Sentiment: Management lifted guidance — Q3 EPS guide raised to $0.270–$0.290 (vs. $0.20 consensus) and FY2026 EPS guide to $1.200–$1.240 (above $1.17 consensus); revenue guides are roughly in line. Upward guidance typically supports multiple expansion and investor confidence. Intapp announces second quarter fiscal year 2026 financial results
• Positive Sentiment: $200 million share repurchase — Board authorized buybacks (~7.3% of shares), signaling management thinks the stock is undervalued and providing direct support to EPS and share price. Intapp announces $200 million stock repurchase program
• Neutral Sentiment: Earnings call transcript and materials are available — investors can review management commentary and the slide deck for details on client wins, AI product cadence and margin drivers. Useful for confirming durability of guidance. Intapp, Inc. (INTA) Q2 2026 Earnings Call Transcript
• Neutral Sentiment: Analyst write-ups (Zacks et al.) highlight the beat and detail metric-level performance — helpful context but largely restating the press release. Intapp (INTA) Q2 Earnings and Revenues Beat Estimates
• Negative Sentiment: Profitability and valuation remain concerns — Intapp still shows a negative net margin (~-5.35%) and negative ROE; GAAP profitability and cash-conversion trends will be scrutinized even after the beat.
• Negative Sentiment: Technical/valuation headwinds — shares are trading below the 50- and 200-day moving averages and nearer the 52-week low than the high, which can limit upside until positive momentum sustains.

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 reacquire 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 research firms have recently commented on INTA. Piper Sandler set a $33.00 price target on Intapp in a research report on Wednesday. Weiss Ratings restated a “sell (d-)” rating on shares of Intapp in a report on Monday, December 29th. Stifel Nicolaus set a $50.00 price target on shares of Intapp in a research note on Wednesday, November 5th. UBS Group reduced their price target on shares of Intapp from $72.00 to $62.00 and set a “buy” rating on the stock in a research report on Wednesday, November 5th. Finally, JPMorgan Chase & Co. dropped their price objective on shares of Intapp from $80.00 to $70.00 and set an “overweight” rating for the company in a report on Wednesday, November 5th. Four analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, Intapp has a consensus rating of “Hold” and a consensus target price of $52.43.

Insiders Place Their Bets

In other Intapp news, CFO David H. Morton, Jr. sold 10,000 shares of Intapp stock in a transaction dated Monday, November 24th. The stock was sold at an average price of $40.76, for a total transaction of $407,600.00. Following the completion of the sale, the chief financial officer directly owned 43,765 shares of the company’s stock, valued at $1,783,861.40. The trade was a 18.60% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO John T. Hall sold 8,000 shares of the stock in a transaction dated Monday, December 29th. The shares were sold at an average price of $47.48, for a total value of $379,840.00. Following the completion of the transaction, the chief executive officer owned 5,711,668 shares in the company, valued at approximately $271,189,996.64. The trade was a 0.14% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 48,243 shares of company stock worth $2,070,785 over the last 90 days. Company insiders own 11.21% of the company’s stock.

Hedge Funds Weigh In On Intapp

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Natixis Advisors LLC raised its holdings in Intapp by 2.2% during the third quarter. Natixis Advisors LLC now owns 11,603 shares of the company’s stock worth $475,000 after purchasing an additional 250 shares in the last quarter. Caxton Associates LLP grew its position in shares of Intapp by 6.9% in the 2nd quarter. Caxton Associates LLP now owns 5,982 shares of the company’s stock valued at $309,000 after buying an additional 388 shares during the last quarter. Russell Investments Group Ltd. raised its stake in Intapp by 208.0% during the 2nd quarter. Russell Investments Group Ltd. now owns 1,848 shares of the company’s stock worth $95,000 after acquiring an additional 1,248 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Intapp by 4.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 31,737 shares of the company’s stock worth $1,853,000 after acquiring an additional 1,379 shares in the last quarter. Finally, Creative Planning lifted its position in Intapp by 16.3% in the third quarter. Creative Planning now owns 11,137 shares of the company’s stock valued at $456,000 after acquiring an additional 1,557 shares during the last quarter. 89.96% of the stock is owned by institutional investors and hedge funds.

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.