Intapp (INTA) 4 Nov 24 2025 Q1 Earnings call transcript
2min read In Intapp's recent fiscal first quarter earnings call for 2025, executives John Hall, David Morton, and David Trone discussed the company's strong performance, strategic partnerships, and new applied AI capabilities that are driving growth and innovation. Here are some key takeaways from the call.
Strong Financial Performance and Growth Drivers
Intapp reported a strong Q1 performance, with cloud ARR growing by 27% to $309 million, and cloud now representing 74% of the company's total ARR of $417 million. The company also saw a 30% year-over-year increase in SaaS revenue to $77 million, and a 17% increase in total revenue to $119 million. These growth figures are attributed to a number of factors, including cloud adoption, new products, and strategic partnerships.
Applied AI Innovations
Intapp's applied AI strategy is a major driver of growth and innovation for the company. In Q1, the company introduced two new AI-powered features for Intapp Assist for DealCloud, which helps professionals make sourcing recommendations and analyze and organize communications and meeting notes. These features are gaining traction, with rising client adoption validating Intapp's applied AI strategy. The company also expanded the Intapp Assist product brand with the general availability of Intapp Assist for Terms, which makes it easier for legal professionals to comply with client terms in Microsoft Teams.
Strategic Partnerships and Market Expansion
Intapp's strategic partnership with Microsoft continues to be a major growth driver, with the company earning top-tier and global ISV partner status based on strong joint go-to-market activity and co-sell success. The company also saw a significant increase in transactions through the Azure marketplace, with clients in all verticals and for both land and expand deals. New partnerships and client wins, including a nationally recognized restructuring and financial advisory firm, a top-ranked venture capital firm, and a law firm in the Baltic states, are expanding Intapp's reach and footprint.
Looking Ahead
Intapp is optimistic about its continued growth opportunities, with a focus on expanding its compliance footprint and delivering greater value to clients through AI and cloud adoption. The company expects to see significant growth in the compliance checking market, particularly for accounting firms, and is investing in its partner ecosystem to drive growth and innovation. For the second quarter of fiscal 2025, Intapp expects SaaS revenue to be between $79.5 million and $80.5 million, with a year-over-year growth outlook of 26% to 28%.
In summary, Intapp's fiscal first quarter earnings call highlights the company's strong financial performance, strategic partnerships, and applied AI innovations that are driving growth and positioning it for continued success in the future. The company's focus on expanding its compliance footprint and delivering greater value to clients through AI and cloud adoption is a testament to its commitment to innovation and its ability to adapt to the evolving needs of the professional services industry.