Intapp (INTA) Q1 2026 earnings summary

Executive summary

• Cloud ARR reached $401.4M, up 30% year-over-year, with total ARR at $504.1M and SaaS revenue up 27% to $97.5M, now 70% of total revenue.

• Total revenue for Q1 FY26 was $139M, up 17% year-over-year, with a client base of 2,750 and 813 clients generating at least $100K ARR.

• Expanded AI capabilities, including new generative AI product launches and deepened Microsoft partnership, driving client adoption and cloud migration.

• Non-GAAP operating income was $20.9M, with a 15% non-GAAP operating margin and non-GAAP diluted EPS of $0.24.

• Repurchased 1.1M shares for $50M under a $150M program, ending the quarter with $273.4M in cash and equivalents.

Financial highlights

• Cloud ARR grew 30% year-over-year to $401.4M (80% of total ARR); total ARR was $504.1M, up 21% year-over-year.

• Total revenue was $139M, up 17% year-over-year; SaaS revenue was $97.5M, license revenue $29.2M, and professional services revenue $12.3M.

• Non-GAAP gross margin was 77.7%; GAAP gross margin was 75%.

• Free cash flow was $13.2M, with a free cash flow margin of 9.5%.

• Remaining performance obligations (RPO) reached $715.2M, up 30% year-over-year.

Outlook and guidance

• FY26 total revenue guidance: $569.3M–$573.3M; SaaS revenue: $412M–$416M.

• FY26 non-GAAP operating income: $97.7M–$101.7M; non-GAAP diluted EPS: $1.15–$1.19.

• Q2 FY26 total revenue guidance: $137.6M–$138.6M; SaaS revenue: $100M–$101M; non-GAAP operating income: $21.4M–$22.4M; non-GAAP EPS: $0.25–$0.27.

• Guidance excludes significant stock-based compensation and amortization of intangibles.