AI solutions provider Intapp's Q2 revenue beats estimates

Intapp

03/02/2026 21:13

Overview

AI solutions provider's fiscal Q2 revenue rose 16%, beating analyst expectations

Adjusted EPS for fiscal Q2 beat analyst expectations

Company repurchased 3.4 mln shares for $150.1 mln

Outlook

Intapp projects third-quarter SaaS revenue between $105 mln and $106 mln

Company expects full-year SaaS revenue between $415 mln and $419 mln

Intapp anticipates full-year non-GAAP diluted EPS of $1.20 to $1.24

Result Drivers

CLIENT EXPANSION - Intapp's results were supported by new client additions and expansion of existing accounts, according to CEO John Hall

AI SOLUTIONS DEMAND - Demand for Intapp's AI-driven solutions in regulated industries contributed to quarterly performance

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$140.21 mln
$138.18 mln (10 Analysts)
Q2 Adjusted EPS
Beat
$0.33
$0.26 (10 Analysts)
Q2 EPS
-$0.07
Q2 Adjusted Net Income
Beat
$27.60 mln
$22.07 mln (10 Analysts)
Q2 Net Income
-$5.93 mln
Q2 Adjusted Operating Profit
Beat
$27.70 mln
$22.14 mln (10 Analysts)

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", 4 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the software peer group is "buy"

Wall Street's median 12-month price target for Intapp Inc is $56.00, about 66.5% above its February 2 closing price of $33.64

The stock recently traded at 26 times the next 12-month earnings vs. a P/E of 32 three months ago

Press Release: ID:nBw152fWBa

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)