Intapp Q1 Subscription Revenue Jumps 29%, Cloud ARR Tops $515M
INTA has more than doubled off its 52-week low of $19.01.
Summary
Intapp's fiscal Q1 2027 came in strong: subscription revenue rose 29% to $125.5 million and total revenue grew 16% to $161.3 million. Cloud ARR reached $515.3 million, up 28%, and now makes up 85% of total ARR of $607.1 million. Profitability improved sharply — non-GAAP operating income nearly doubled to $35.4 million from $20.9 million, and non-GAAP diluted EPS came in at $0.44 versus $0.24 a year ago, while the GAAP net loss narrowed to $1.3 million from $14.4 million. Management guided FY2027 total revenue to $658.2-$662.2 million with non-GAAP EPS of $1.64-$1.68, and Q2 revenue to $158.8-$159.8 million. The company also bought back 0.6 million shares for $25.0 million in the quarter, following the $200 million repurchase authorization disclosed earlier this year. The earnings call is scheduled for today at 5:00 p.m. ET.
At the time of this announcement, INTA was trading at $42.95 on NASDAQ in the Technology sector, with a market capitalization of approximately $3.3B. The 52-week trading range was $19.01 to $48.19. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: BusinessWire.