Intapp reported strong second quarter results with accelerating SaaS revenue growth and improved non-GAAP operating income, driven by new client acquisition and expansion of existing accounts. The company also saw significant growth in Cloud ARR, indicating a strong shift towards its cloud offerings.
SaaS revenue increased 28% year-over-year to $102.5 million.
positiveCloud ARR grew 31% year-over-year to $433.6 million, representing 81% of total ARR.
positiveNon-GAAP operating income increased to $27.7 million from $18.9 million in the prior year's quarter.
positiveNon-GAAP diluted net income per share rose to $0.33 from $0.21 in the prior year's quarter.
positiveTrailing twelve months' cloud net revenue retention rate was 124%.
positiveGAAP operating loss was $(7.2) million, compared to a GAAP operating loss of $(10.2) million in the prior year's quarter, indicating continued GAAP unprofitability.
attentionGAAP net loss was $(5.9) million, compared to a GAAP net loss of $(10.2) million in the prior year's quarter.
attentionNet cash provided by operating activities for the six months ended December 31, 2025 was $36.7 million, a decrease from $49.7 million for the same period in the prior year.
attentionCash and cash equivalents decreased to $191.2 million from $313.1 million in the prior quarter.
attentionRepurchased 3.4 million shares for $150.1 million in the six months ended December 31, 2025, which contributed to the decrease in cash.
attentionMargin expansion indicates improving profitability and operational efficiency. Measured in basis points (bps): 100 bps = 1.0%.
| Segment | Current | Prior Yr | YoY | % Total |
|---|---|---|---|---|
SaaS | N/A | — | — | — |
License | N/A | — | — | — |
Professional services | N/A | — | — | — |
| Total Revenue | $0.00M | — | — | 100.0% |
Segment performance shows business unit health and growth drivers.
Forward-looking guidance is subject to change and does not constitute a guarantee. Actual results may differ materially from these estimates.
Strong second quarter supported by new client additions and expansion of existing client accounts.
Results reflect proficiency in serving enterprise clients, a growing partner ecosystem, and demand for new AI-driven solutions.
Cloud ARR represented 81% of total ARR as of December 31, 2025, indicating a strong shift towards cloud offerings.
Commentary excerpts from earnings call transcripts provide management's perspective on performance, strategy, and outlook. Always review full transcripts for complete context.
Operational metrics provide insight into business drivers and customer engagement beyond traditional financial measures.