Intapp 10-K: FY2026 net loss widens to $41.3M despite 15% revenue growth; $275M in buybacks
INTA has more than doubled off its 52-week low of $19.01.
Summary
Intapp's 10-K shows widening losses despite strong revenue growth, significant share buybacks, and a new credit facility. The company has large authorized share headroom and continues to invest heavily in AI.
Key Events · Earnings and Guidance · INTA
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FY2026 Net Loss Widens
Net loss increased to $41.3 million from $18.2 million in FY2025, despite total revenue growing 15% to $577.8 million.
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Aggressive Share Repurchases
Company repurchased $275.2 million of stock in FY2026, reducing cash to $162.8 million. $75 million remains authorized under the current program.
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New Credit Facility
Entered into a $150 million revolving credit facility with UBS on July 7, 2026, replacing the prior JPMorgan facility. No amounts are currently drawn.
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Significant Dilution Headroom
598,058,392 shares authorized but unissued as of August 6, 2026, representing substantial potential future dilution.
Analysis · INTA · Technology
Intapp's annual report confirms a net loss of $41.3 million for fiscal 2026, more than double the prior year's loss, even as total revenue grew 15% to $577.8 million. The company spent $275.2 million repurchasing shares, reducing cash to $162.8 million. The filing also details a new $150 million credit facility with UBS, replacing the prior JPMorgan facility. With 598 million authorized but unissued shares, there is substantial potential dilution headroom. The company remains unprofitable and is investing heavily in AI, with stock-based compensation rising to $120 million.
At the time of this filing, INTA was trading at $41.49 on NASDAQ in the Technology sector, with a market capitalization of approximately $3.2B. The 52-week trading range was $19.01 to $47.93. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.