Intapp (NASDAQ:INTA) Posts Quarterly Earnings Results, Beats Estimates By $0.04 EPS

27 Oct 2026, 23:12 by Mitch Edgeman · The Markets Daily

Intapp (NASDAQ:INTA – Get Free Report) issued its quarterly earnings results on Tuesday. The company reported $0.44 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.40 by $0.04, FiscalAI reports. Intapp had a negative return on equity of 3.30% and a negative net margin of 7.15%.

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

Celeste adoption is accelerating: Intapp said its qualified Celeste pipeline increased approximately 2.5 times sequentially, with Firm AI representing more than 40% of net new bookings in Q1. Demand is reportedly coming from senior firm leaders, existing-client expansions, and new logos across legal, accounting, consulting, financial services, and real assets.
Cloud momentum and financial performance remained strong, with subscription revenue up 29% year over year to $125.5 million, cloud ARR up 28% to $515.3 million, 123% cloud net revenue retention, and free cash flow more than doubling to $28.1 million. Non-GAAP operating margin expanded to 22% from 15% a year ago.
Intapp is expanding its AI ecosystem and monetization opportunities through integrations with OpenAI, Anthropic, Harvey, Legora, Microsoft, and other partners. The company expects to monetize Firm AI through existing-customer upgrades, Celeste-led new sales, and governance of third-party AI tools via Walls for AI.
The transition from on-premises licensing to cloud is pressuring near-term reported results, with license revenue down 21% year over year and second-quarter total revenue guidance implying a sequential decline. Management also acknowledged that Celeste deployment demand is currently exceeding its implementation capacity, creating a potential near-term execution constraint.

Intapp Trading Down 8.9%

Intapp stock traded down $4.20 during midday trading on Tuesday, reaching $42.95. 1,271,390 shares of the stock traded hands, compared to its average volume of 959,434. The firm has a market cap of $3.29 billion, a PE ratio of -82.60, a price-to-earnings-growth ratio of 18.53 and a beta of 0.34. The company has a 50-day simple moving average of $39.92 and a two-hundred day simple moving average of $30.28. Intapp has a 12-month low of $19.01 and a 12-month high of $48.19.

Key Headlines Impacting Intapp

Here are the key news stories impacting Intapp this week:

Positive Sentiment: Intapp reported adjusted earnings of $0.44 per share, exceeding the FactSet consensus estimate of $0.40. Earnings Flash: Intapp Posts Q1 Adjusted EPS Above Estimates
Positive Sentiment: Cloud annual recurring revenue represented 85% of total ARR, while reported profit nearly doubled, signaling continued migration toward Intapp’s cloud-based software and improving operating leverage. Intapp Q1 2027 Earnings
Neutral Sentiment: Although profitability improved, Intapp continued to report a negative net margin of 7.15% and negative return on equity of 3.30%, indicating that GAAP profitability remains a concern for investors.
Neutral Sentiment: October short-interest data showed zero reported shares short and a 0.0-day short-interest ratio. This provides little evidence of meaningful short-covering or short-selling pressure, though the figure may reflect a reporting-data limitation.
Negative Sentiment: The main pressure on INTA came from weak second-quarter guidance. Reports indicated the outlook was below investor expectations, prompting a sharp selloff despite the quarterly earnings beat. Intapp Shares Tumble on Weak Second-Quarter Guidance

Insiders Place Their Bets

In other news, insider Thad Jampol sold 4,800 shares of the firm’s stock in a transaction that occurred on Tuesday, October 13th. The shares were sold at an average price of $40.39, for a total value of $193,872.00. Following the completion of the transaction, the insider owned 928,585 shares of the company’s stock, valued at approximately $37,505,548.15. This trade represents a 0.51% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO John T. Hall sold 3,000 shares of Intapp stock in a transaction that occurred on Monday, October 19th. The shares were sold at an average price of $44.35, for a total transaction of $133,050.00. Following the completion of the transaction, the chief executive officer owned 5,814,808 shares of the company’s stock, valued at $257,886,734.80. This trade represents a 0.05% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 146,184 shares of company stock worth $6,126,106 over the last three months. Company insiders own 11.87% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on INTA shares. Zacks Research upgraded shares of Intapp from a “strong sell” rating to a “hold” rating in a report on Friday, August 28th. Barclays upped their price objective on Intapp from $29.00 to $38.00 and gave the company an “underweight” rating in a report on Monday, October 12th. Wall Street Zen upgraded Intapp from a “hold” rating to a “buy” rating in a report on Saturday, August 15th. UBS Group increased their price objective on Intapp from $40.00 to $46.00 and gave the stock a “buy” rating in a research report on Monday, September 21st. Finally, Piper Sandler raised their target price on Intapp from $25.00 to $34.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 5th. Four investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, Intapp has a consensus rating of “Hold” and a consensus price target of $39.14.

Check Out Our Latest Research Report on Intapp

About Intapp

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Intapp, Inc develops cloud-based software for professional and financial services firms. Its platform is designed to help organizations manage client and relationship data, business development, risk and compliance processes, collaboration, time tracking, billing, and operational workflows.