How did Intapp's revenue and expenses trend in Q2 2025?
5/9/2025 00:38am
Intapp's revenue and expenses in Q2 2025 are not currently available. However, we can analyze the available data to understand the company's financial trends.
1. **Revenue Trend in Q2 2025**:
- Intapp reported a revenue of $129.07 million for the quarter ended March 2025, which represents a 16.7% increase from the same period last year.
- The company's revenue exceeded the Zacks Consensus Estimate of $128.78 million, indicating a positive performance.
2. **Expense Trend in Q2 2025**:
- The reported gross profit for the SaaS segment was $68.01 million, compared to the average estimate of $69.83 million from analysts, which suggests a slight shortfall in this segment.
- The gross profit for professional services was -$1.78 million, compared to the estimated -$1.18 million, indicating a wider loss in this segment.
- The company's non-GAAP operating income was $20.3 million, up from $11.2 million in the prior year period, which suggests improved operational efficiency.
3. **Overall Financial Health**:
- Intapp's non-GAAP gross margin improved to 77.9% from 75.1% in the prior year, driven by professional services efficiencies.
- The company's free cash flow reached $35.1 million, representing 27% of total revenue, which is a positive indicator of financial health.
- Looking ahead, the company projects SaaS revenue between $89 million and $90 million for Q4 FY 2025, reflecting a 26%-27% year-over-year growth.
In conclusion, Intapp showed strong revenue growth in Q2 2025, with a slight shortfall in the SaaS segment's gross profit. The company's operational efficiency and financial health are improving, as evidenced by the increase in non-GAAP operating income and gross margin. The free cash flow and revenue projections for the upcoming quarter also suggest a positive outlook.