Intapp 2025 Q3 Earnings Narrowing Losses with 55.6% EPS Improvement

Intapp (INTA) reported its fiscal 2025 Q3 earnings on May 06th, 2025. The company beat FactSet's revenue expectations, reporting $129.1 million against the estimate of $128.7 million. Intapp raised its guidance for Q4, projecting SaaS revenue between $89 million and $90 million, and total revenue between $131.5 million and $132.5 million. For the full fiscal year 2025, Intapp expects SaaS revenue between $330.8 million and $331.8 million, with total revenue ranging from $500.6 million to $501.6 million, reflecting confidence in its growth trajectory.

Revenue
Intapp's total revenue for Q3 2025 grew by 16.7%, reaching $129.07 million compared to the previous year's $110.64 million. The SaaS segment experienced a strong performance, generating $84.91 million in revenue. The license segment contributed $31.68 million, while the professional services segment added $12.47 million. This combined effort resulted in a total revenue of $129.07 million for the quarter.

Earnings/Net Income
Intapp narrowed its losses to $0.04 per share in Q3 2025 from $0.09 per share in Q3 2024, marking a 55.6% improvement. The company also reduced its net loss to $2.95 million, a 57.2% improvement from the $6.89 million loss in the previous year. Despite ongoing losses, the improvement in EPS indicates positive progress.

Post-Earnings Price Action Review
Over the past five years, Intapp's strategy of purchasing shares following quarters with revenue increases and holding them for 30 days has shown moderate returns. This approach achieved a compound annual growth rate (CAGR) of 6.71%, demonstrating a reasonable risk-adjusted return with a Sharpe ratio of 0.84. Despite these gains, the maximum drawdown of -8.07% underscores the importance of risk management during market downturns. Investors should remain vigilant and consider broader market conditions when adopting this strategy.

CEO Commentary
John Hall, Chairman & CEO, expressed satisfaction with Intapp's robust quarterly results, highlighting a strong Cloud ARR growth of 28% year-over-year, reaching $352 million. He emphasized innovations such as the AI-enabled Intapp DealCloud Activator and the transformed Intapp Time product, which enhance business development and timekeeping. Hall noted the strategic acquisition of TermSheet to deepen expertise in real assets and stressed the importance of partnerships, with a growing network of over 140 partners. He conveyed optimism about continued growth opportunities, asserting, "We see continued opportunity both to add new clients across a broad TAM and to deliver greater value by expanding our existing client base."

Guidance
For the fourth quarter of fiscal 2025, Intapp expects SaaS revenue between $89 million and $90 million, with total revenue anticipated in the range of $131.5 million to $132.5 million. Non-GAAP operating income is projected between $20 million and $21 million, and non-GAAP EPS is expected to be between $0.22 and $0.24. For the full fiscal year 2025, SaaS revenue guidance is set between $330.8 million and $331.8 million, with total revenue expected between $500.6 million and $501.6 million, and non-GAAP EPS ranging from $0.88 to $0.90.

Additional News
Intapp's recent acquisition of TermSheet marks a strategic expansion into the real assets sector, enhancing its AI capabilities and sector-specific expertise. This acquisition aims to create a comprehensive operating system tailored for real assets investors, advisors, and operators. Additionally, Intapp's introduction of the AI-enabled DealCloud Activator demonstrates its commitment to embedding AI into daily professional workflows, aligning with enterprise preferences for practical AI applications. These developments reinforce Intapp's strategy to deepen expertise in targeted professional services sectors, further solidifying its position in the market.