NASDAQ$INTA

Intapp Inc · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

Intapp reported strong second-quarter results, marking the third consecutive quarter of strong performance since its IPO.

Intapp announced its financial results for the second quarter of fiscal year 2022, reporting a 30% year-over-year increase in total revenue and a 36% year-over-year increase in SaaS and support revenue. Cloud ARR increased 52% year-over-year, representing 56% of total ARR.

  • SaaS and support revenue was $47.0 million, up 36% year-over-year.
  • Total revenue was $64.7 million, up 30% year-over-year.
  • Cloud ARR was $135.3 million, up 52% year-over-year.
  • Total ARR was $240.0 million, up 27% year-over-year.

Headline financials

Total Revenue

$64.7M

Previous: $49.6M+30.5%
EPS (adj)

-$0.40

Previous: -$0.37-7.6%
Capital Expenditures

-$116K

No prior period
Free Cash Flow

-$24.3M

No prior period
Net Income

-$24.2M

Previous: -$10.3M-134.5%
Operating Income

-$24.3M

Previous: -$4.9M-396.2%
Gross Profit

$41.1M

Previous: $32.2M+27.9%
Cash & Equivalents

$56M

No prior period
Total Assets

$457M

No prior period
Stock-Based Comp

$20.4M

No prior period

Revenue & EPS history

Intapp · Revenue · Quarterly

$64.7M

Q2 2022+30.5%vs Q2 2021
Beat estimate in 7 of 8 quarters(88%)
ActualEstimate

Revenue by segment

Intapp · $55.4M total across 2 segments · Q2 2022

  • SaaS
    $47M+35.6%
  • Professional services
    $8.4M

Forward guidance

Intapp provided its outlook for the third quarter of fiscal year 2022, while raising its guidance for the full fiscal year of 2022.

Tailwinds

  • Third Quarter Fiscal Year SaaS and support revenue (in millions) $47.0 - $48.0
  • Third Quarter Total revenue (in millions) $65.0 - $66.0
  • Fiscal Year SaaS and support revenue (in millions) $185.0 - $189.0
  • Fiscal Year Total revenue (in millions) $258.0 - $262.0

Headwinds

  • Third Quarter Non-GAAP operating loss (in millions) $5.0 - $6.0
  • Third Quarter Non-GAAP net loss per share $0.09 - $0.11
  • Fiscal Year Non-GAAP operating loss (in millions) $11.0 - $15.0
  • Fiscal Year Non-GAAP net loss per share $0.24 - $0.28

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 Q2 2022

Historical avgQ2 2022

+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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