Logo

INTA

Intapp, Inc.

INTA

Intapp, Inc. NASDAQ
$43.19 1.38% (+0.59)

Market Cap $3.54 B
52w High $77.74
52w Low $35.51
Dividend Yield 0%
P/E -123.4
Volume 324.20K
Outstanding Shares 81.93M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q1-2026 $129.067M $102.108M $-2.952M -2.287% $-0.04 $3.063M
Q4-2025 $129.067M $102.108M $-2.952M -2.287% $-0.04 $-321K
Q3-2025 $129.067M $102.108M $-2.952M -2.287% $-0.037 $-321K
Q2-2025 $121.209M $98.924M $-10.217M -8.429% $-0.13 $-4.536M
Q1-2025 $118.805M $94.125M $-4.52M -3.805% $-0.06 $-1.507M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q1-2026 $323.206M $813.505M $321.205M $492.3M
Q4-2025 $313.109M $894.161M $374.396M $519.765M
Q3-2025 $323.206M $813.505M $321.205M $492.3M
Q2-2025 $285.631M $800.587M $332.197M $468.39M
Q1-2025 $253.847M $742.422M $300.302M $442.12M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q1-2026 $-10.217M $25.239M $-1.977M $10.613M $31.784M $25.177M
Q4-2025 $-4.52M $24.446M $-2.785M $21.531M $45.477M $24.092M
Q3-2025 $-2.952M $35.501M $-2.425M $3.555M $37.575M $33.076M
Q2-2025 $-10.217M $25.239M $-1.977M $10.613M $31.784M $23.262M
Q1-2025 $-4.52M $24.446M $-2.785M $21.531M $45.477M $24.092M

Revenue by Products

Product Q2-2025Q3-2025Q4-2025Q1-2026
License
License
$30.00M $30.00M $30.00M $30.00M
Professional Services
Professional Services
$10.00M $10.00M $10.00M $10.00M
SaaS
SaaS
$80.00M $80.00M $90.00M $100.00M

Five-Year Company Overview

Income Statement

Income Statement Revenue has grown steadily each year, and gross profits have scaled with it, showing a healthy core business model. However, the company is still reporting accounting losses at the operating and net income levels, even though those losses have narrowed meaningfully over time. Profitability is moving in the right direction, with earnings per share becoming less negative, but the company has not yet reached consistent GAAP profitability. The overall story is one of strong growth with improving, but still incomplete, profit conversion.


Balance Sheet

Balance Sheet The balance sheet has strengthened over the past few years. Total assets have increased, and cash now makes up a sizable portion of those assets, giving the company a financial cushion. Debt levels are very low, especially compared with earlier years, and shareholder equity has moved from slightly negative to clearly positive and growing. This suggests a cleaner, more resilient capital structure, with more room to absorb shocks and continue investing in the business.


Cash Flow

Cash Flow Cash generation has improved from slightly negative to clearly positive. Operating cash flow has climbed gradually, indicating that the underlying business is starting to fund itself rather than relying on external capital. Because the company spends relatively little on physical assets, free cash flow closely tracks operating cash flow and is now positive. This is a favorable pattern for a software company: still unprofitable on paper, but increasingly cash-generative in practice.


Competitive Edge

Competitive Edge Intapp operates in a focused niche: software for professional and financial services firms, such as law, accounting, private equity, and investment banking. Its products are deeply tailored to the workflows, regulations, and relationship-driven nature of these industries, which creates high switching costs once a client is onboarded. A strong roster of blue-chip firms, a unified cloud platform, and tight integration across client, deal, and compliance processes all reinforce its position. However, it still competes indirectly with large horizontal platforms and faces the usual risks of serving demanding, cyclical, and reputation-sensitive clients.


Innovation and R&D

Innovation and R&D The company leans heavily on innovation, especially around its “Connected Firm” vision and long-running investment in applied artificial intelligence. Tools like DealCloud, Intapp Assist, and Time Horizon embed AI into everyday tasks—summarizing meetings, surfacing relationship insights, automating timekeeping, and tightening compliance controls. Intapp is also pushing harder into the cloud, reserving many of its most advanced AI capabilities for cloud clients, and is expanding into adjacent areas like real assets through acquisitions. The partnership with Microsoft deepens its technical and commercial reach, but it also raises execution risk around integration and continued product differentiation.


Summary

Overall, Intapp shows a pattern of strong top-line growth, high gross margins, and a clear path toward better profitability, though it is not yet consistently profitable on a GAAP basis. The balance sheet and cash flows have moved to a healthier, more self-sustaining position, giving it financial flexibility. Strategically, the company benefits from deep specialization in professional and financial services, embedded workflows that are hard to replace, and a clear bet on AI-enabled, cloud-delivered solutions. Key things to watch include its ability to fully translate growth into lasting profits, maintain its edge against broader software platforms, successfully migrate clients to the cloud, and integrate new acquisitions while continuing to innovate at a high pace.