NASDAQ$INTA

Intapp Inc · Q3 2024 earnings

Q3 2024 earnings · · Investor relations

Briefing

Reported strong Q3 2024 financial results with revenue growth and advancements in AI capabilities.

Intapp reported a strong third quarter with a 20% year-over-year increase in total revenue, driven by a 22% increase in SaaS and support revenue. The company also saw significant growth in cloud ARR, and released several new AI capabilities.

  • SaaS and support revenue was $80.8 million, up 22% year-over-year.
  • Total revenue reached $110.6 million, reflecting a 20% increase year-over-year.
  • Cloud ARR grew to $274.2 million, a 33% increase year-over-year, representing 72% of total ARR.
  • GAAP operating loss improved to $(7.4) million, compared to $(18.2) million in the same quarter of the previous year.

Headline financials

Total Revenue

$111M

Previous: $92M+20.2%
EPS

-$0.09

Previous: $0.03-400.0%
Capital Expenditures

-$1.73M

Previous: -$2.05M+15.9%
Free Cash Flow

-$8.62M

Previous: -$20.2M+57.3%
Net Income

-$6.89M

Previous: -$18.1M+62.0%
Operating Income

-$7.45M

Previous: -$18.2M+59.2%
Gross Profit

$80.1M

Previous: $63.5M+26.0%
R&D Expense

$27.3M

No prior period
Stock-Based Comp

$14M

Previous: $18.8M-25.2%

Revenue & EPS history

Intapp · Revenue · Quarterly

$111M

Q3 2024+20.2%vs Q3 2023
Beat estimate in 11 of 15 quarters(73%)
ActualEstimate

Revenue by segment

Intapp · $87.7M total across 2 segments · Q1 2024

  • SaaS
    $73.1M+28.6%
  • Professional services
    $14.6M+39.5%

Forward guidance

Intapp provided its outlook for the fourth quarter and updated outlook for the full fiscal year of 2024.

Tailwinds

  • SaaS and support revenue (in millions) $83.5 - $84.5
  • Total revenue (in millions) $111.0 - $112.0
  • Non-GAAP operating profit (in millions) $10.5 - $11.5
  • Non-GAAP diluted net income per share $0.11 - $0.13

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 Q3 2024

Historical avgQ3 2024

+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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