Intapp, Inc., through its subsidiary, Integration Appliance, Inc., provides AI-powered solutions in the United States, the United Kingdom, and internationally. It provides ...
Intapp, Inc. is a publicly traded application-software company listed on the Nasdaq under the symbol INTA. Founded in 2000 and headquartered in Palo Alto, California, the company was originally associated with the name Tsunami Software and was formerly known as LegalApp Holdings before adopting the Intapp name in 2021. John ...Intapp, Inc. is a publicly traded application-software company listed on the Nasdaq under the symbol INTA. Founded in 2000 and headquartered in Palo Alto, California, the company was originally associated with the name Tsunami Software and was formerly known as LegalApp Holdings before adopting the Intapp name in 2021. John Hall is the chairman and chief executive officer. Thad Jampol is a co-founder and chief product officer, while Dan Harsell and Vera Newman are also identified in company history as co-founders.
The company develops industry-specific, cloud-based software for firms whose operations depend heavily on professional relationships, confidential information, regulatory controls, and complex client and transaction workflows. Its principal customer groups include private-equity and other private-capital firms, investment banks, law firms, accounting firms, consulting organizations, and real-assets businesses. Rather than selling general-purpose consumer software, Intapp focuses on specialized workflows and data structures used by professional organizations.
A major product area is DealCloud, which helps firms manage client relationships, prospective opportunities, investments, transactions, engagements, and relationship intelligence. Intapp also provides compliance products designed to support business acceptance, client onboarding, conflicts and risk review, and ongoing relationship monitoring. Its time-management products use AI-enabled capabilities to improve time capture, billing processes, and compliance with client billing requirements. Collaboration products integrate with Microsoft 365, Teams, and SharePoint and help organize emails, documents, chats, tasks, and other client-related work.
Intapp is increasingly incorporating applied artificial intelligence through capabilities such as Intapp Assist and the newer Celeste agentic AI platform. These technologies are intended to combine machine learning, natural-language processing, firm-specific data, and workflow automation to help professionals find opportunities, make decisions, complete administrative work, and maintain compliance controls. The company's technology foundation includes cloud architecture, low-code configurability, personalized user experiences, industry-specific data models, and embedded AI.
The business is primarily software and subscription based, so it does not have a conventional physical-product bill of materials or manufacturing cost structure. Its key cost areas are personnel, research and development, sales and marketing, cloud hosting, customer support, acquisitions, and stock-based compensation. Supplied trailing-twelve-month data indicates a gross margin of approximately 75.8%, reflecting the generally high-margin nature of enterprise software. At the same time, reported operating and net margins are negative, with research and development and sales, general, and administrative spending representing significant portions of revenue. The company generated positive trailing free cash flow of approximately $136 million, although profitability metrics remain pressured by operating investments and non-cash expenses.
Intapp had approximately 1,336 full-time employees according to the supplied financial-company data, placing it in the 1,001-2,000 employee category. The company operates in the United States, the United Kingdom, and international markets. Its stated strategic opportunity is to help professional firms convert relationships, institutional knowledge, and operational data into revenue growth, better execution, lower risk, and more efficient work. Key execution priorities include expanding AI adoption, increasing cross-selling across its product portfolio, retaining enterprise customers, improving operating leverage, and continuing to integrate industry-specific data with compliant automation.
YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength.
QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes.
RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three).
$577.8M
+14.6%
+4.4%
Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day.
$-41.3M
-126.8%
+64.3%
Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials.
+75.8%
+2.4%
+2.5%
Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on).
-6.9%
-27.9%
+71.6%
Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales.
-7.1%
-97.8%
+65.8%
Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock.
$136.4M
+11.9%
-25.1%
FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine.
+23.6%
-2.4%
-28.3%
Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe.
5.0%
+61.1%
+14.8%
Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking.
0.78x
-40.4%
+1.5%
Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground.
Operator: Hello, everyone. Thank you for joining us, and welcome to the Intapp Fiscal Fourth Quarter 2026 webcast. [Operator Instructions] I will now hand the conference over to David Trone, Senior Vice President, Investor Relations. Please go ahead.
David Trone: Thank you. Welcome to Intapp's Fiscal Fourth Quarter and Year-end 2026 Financial Results. On the call with me today are John Hall, Chairman and CEO of Intapp; and David Morton, Chief Financial Officer. During the course of this conference call, we may make forward-looking statements regarding trends, strategies and the anticipated performance of our business, including guidance provided for our fiscal first quarter and full year 2027. These forward-looking statements are based on management's current views and expectations, entail certain assumptions made as of today's date and are subject to various risks and uncertainties, including those described in our SEC filings and other publicly available documents that are difficult to predict and could cause actual results to differ materially from those expressed or implied by such forward-looking statements. Intapp disclaims any obligation to update or revise any forward-looking statements, except as required by law. Further on today's call, we will also discuss non-GAAP metrics that we believe aid in the understanding of our financial results, including non-GAAP gross margin, non-GAAP operating expenses, non-GAAP operating income, non-GAAP diluted net income per share, free cash flow and free cash flow margin. Our GAAP financial results, along with reconciliations of GAAP to non-GAAP financial measures can be found in today's earnings release and its supplemental financial tables, which is available on our website and as an exhibit to the Form 8-K furnished with the SEC prior to this call or a supplemental financial presentation, which is available on our website. With that, I'll hand the conversation over to John.
John Hall: Thanks, David. Good afternoon, everyone. Thank you for joining us. Q4 was another strong quarter, closing out a defining year for Intapp. This was the year that we took Firm AI from thesis to category. We launched Celeste, and we saw real proof that firms are ready to transform their business on it. Today, I'll share our fourth quarter and full year results, walk through what's happened with Firm AI and Celeste since Amplify, talk about our growing ecosystem and close with the wins that show our strategy working in the market. Heading into fiscal 2027, our position is strong and getting stronger. Celeste is now generally available across the highly regulated industries we serve. And I'll touch on specific wins in legal, accounting, private capital and investment banking later in the call. Our advantage is 25 years of firm-specific data, workflows and compliance infrastructure that a new entrant can't shortcut their way into. And our lead compounds every quarter as more firms move on to the Intapp platform. That's the …
