Intapp (INTA) Q4 2026 earnings summary

Executive summary

• Fiscal Q4 2026 capped a defining year with the launch and adoption of Celeste, an AI-native agentic platform, and the Firm AI strategy targeting highly regulated industries.

• Cloud ARR grew 29% year-over-year to $495.7 million, now representing 84% of total ARR, with 20 consecutive quarters of cloud ARR growth above 25% since IPO.

• Client base expanded to 897 clients over $100K ARR and 142 clients over $1M ARR, up 13% and 30% year-over-year, respectively.

• AI bookings doubled sequentially in Q4, now over 20% of net new bookings, and cloud migration reached a record pace with 95% of clients on cloud.

• The partner ecosystem, especially with Microsoft and Moody's, drove significant co-sell wins and accelerated deal cycles.

Financial highlights

• Q4 total revenue was $152.5 million, up 13% year-over-year; full year revenue reached $577.8 million, up 15%.

• Subscription/SaaS revenue for Q4 was $115 million, up 27% year-over-year; FY26 SaaS revenue was $422.8 million, up 27%.

• Non-GAAP gross margin for Q4 was 79.4%, up from 78% a year ago; full year non-GAAP gross margin was 78.5%.

• Non-GAAP operating income for Q4 was $34.3 million (up from $21.3M); full year was $108.6 million (up from $75.6M).

• Non-GAAP diluted EPS for Q4 was $0.41 (up from $0.27); full year was $1.27 (up from $0.94).

• Free cash flow for Q4 was $45.9 million, up over 20% year-over-year; full year was $144.7 million, or 25% of total revenue.

• Clients with $1M+ ARR grew to 142 (from 109), a 30% increase; $100K+ ARR clients reached 897.

Outlook and guidance

• FY27 Q1 guidance: subscription/SaaS revenue $123.7–$124.7M, total revenue $159.3–$160.3M, non-GAAP operating income $33.4–$34.4M, non-GAAP EPS $0.39–$0.41.

• FY27 full year guidance: subscription/SaaS revenue $528.7–$532.7M, total revenue $656.5–$660.5M, non-GAAP operating income $134.7–$138.7M, non-GAAP EPS $1.58–$1.62.

• Confidence in reaching $1 billion ARR long-term, driven by cloud growth, Celeste monetization, and operating leverage.