NASDAQ$INTA

Intapp Inc · Q1 2023 earnings

Q1 2023 earnings · · Investor relations

Briefing

Intapp's Q1 2023 financial results were announced, showing growth in SaaS and total revenue.

Intapp reported a strong start to fiscal year 2023, with SaaS and support revenue up 31% year-over-year and total revenue up 28% year-over-year. The company's Cloud ARR reached $176.2 million, a 41% increase year-over-year.

  • SaaS and support revenue increased by 31% year-over-year, reaching $56.8 million.
  • Total revenue grew by 28% year-over-year, amounting to $79.5 million.
  • Cloud ARR increased 41% year-over-year to $176.2 million.
  • Total ARR was $284.3 million, a 24% increase year-over-year.

Headline financials

Total Revenue

$79.5M

Previous: $62.2M+27.9%
EPS (adj)

$0.01

Previous: -$0.04+125.0%
Capital Expenditures

-$1.67M

Previous: -$32K-5112.5%
Free Cash Flow

-$21.7M

Previous: -$25.2M+13.7%
Net Income

-$20.1M

Previous: -$25.1M+20.2%
Operating Income

-$19.1M

Previous: -$23.6M+19.0%
Gross Profit

$54.2M

Previous: $39.8M+36.1%
Cash & Equivalents

$40.3M

Previous: $54.9M-26.6%
Total Assets

$489M

Previous: $448M+9.2%
Stock-Based Comp

$15.8M

Previous: $19M-17.1%

Revenue & EPS history

Intapp · Revenue · Quarterly

$79.5M

Q1 2023+27.9%vs Q1 2022
Beat estimate in 11 of 15 quarters(73%)
ActualEstimate

Revenue by segment

Intapp · $67.3M total across 2 segments · Q1 2023

  • SaaS
    $56.8M+30.6%
  • Professional services
    $10.5M+29.1%

Forward guidance

Intapp provided its outlook for the second quarter and full fiscal year 2023.

Tailwinds

  • Second quarter SaaS and support revenue is expected to be between $59.0 million and $60.0 million.
  • Second quarter total revenue is expected to be between $80.0 million and $81.0 million.
  • Full fiscal year SaaS and support revenue is expected to be between $241.5 million and $245.5 million.
  • Full fiscal year total revenue is expected to be between $332.0 million and $336.0 million.

Headwinds

  • Second quarter non-GAAP operating profit (loss) is expected to be between ($1.5) million and ($0.5) million.
  • Full fiscal year non-GAAP operating profit (loss) is expected to be between ($1.0) million and $3.0 million.
  • Second quarter non-GAAP net loss per share is expected to be between ($0.04) and ($0.02).
  • Full fiscal year non-GAAP net loss per share is expected to be between ($0.07) and ($0.03).

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2023

Historical avgQ1 2023

+3.7%

Avg return

Earnings day

+5.3%

Avg return

5 days after

+6.5%

Avg return

30 days after

65%

13 / 20 earnings

Positive

+17.6%

Q4 2024

Best reaction

-25.8%

Q2 2026

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2026-4.7%-1.1%+1.2%
Q2 2026-25.8%-16.8%-5.1%
Q1 2026+6.1%+8.4%+16.5%
Q3 2025-6.2%-1.5%+1.8%
Q2 2025-1.2%-3.3%-16.9%
Q1 2025+2.0%+20.0%+36.5%
Q4 2024+17.6%+27.9%+35.0%
Q3 2024+12.2%+17.1%+8.7%
Q2 2024-11.8%-7.4%-19.9%
Q1 2024+14.5%+13.2%+6.0%
Q4 2023-6.3%-8.4%-4.9%
Q3 2023+16.0%+16.2%+14.4%
Q2 2023+15.8%+17.5%+43.4%
Q1 2023+7.9%+7.6%+9.3%
Q4 2020+9.5%+0.8%+21.8%
Q4 2022+16.2%+27.2%+41.4%
Q3 2022-6.7%-4.8%-22.9%
Q2 2022+6.9%+4.7%+13.0%
Q1 2022+8.3%-5.4%-16.3%
Q4 2021+3.3%-5.3%-33.4%
Q3 2021
Q2 2021
Q1 2021
Q3 2020
Q2 2020
Q1 2020

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