Intapp (INTA) Q3 2026 earnings summary

Executive summary

• Q3 FY26 delivered strong results with SaaS revenue of $107.9M, up 27% year-over-year, and total revenue of $146M, up 13–15% year-over-year, driven by cloud and AI offerings, notably the Celeste platform, which contributed over 15% of net new bookings.

• Cloud ARR reached $459.3M–$485.4M, up 31% year-over-year, now representing 82% of total ARR, which totaled $559.9M–$560M.

• Celeste, the AI-native agentic platform, launched in limited availability, drove significant client engagement and early monetization, and rearchitected core applications to run as expert agents.

• Expanded client base with over 1,375 clients generating $50K+ ARR and 858 clients at $100K+ ARR, representing 95% of total ARR.

• Strategic alliances with Microsoft, Anthropic, and Harvey reinforced leadership in regulated enterprise AI.

Financial highlights

• SaaS revenue was $107.9M, up 27% year-over-year, now nearly three-quarters of total revenue; license revenue declined 22% to $24.8M; professional services revenue rose 7% to $13.4M.

• Non-GAAP gross margin was 78.8%, up from 77.9% a year ago; GAAP gross margin was 75.7–76%.

• Non-GAAP operating income was $25.7M, up from $20.3M last year; non-GAAP diluted EPS was $0.29.

• Free cash flow for Q3 FY26 was $22.2M, with $98.8M–$100.6M for the nine months ended March 31, 2026.

• Ended Q3 with $146.8M in cash and cash equivalents; net cash provided by operating activities for nine months was $100.6M.

Outlook and guidance

• Q4 FY26 guidance: SaaS revenue $113.1M–$114.1M; total revenue $149.1M–$150.1M; non-GAAP operating income $28.4M–$29.4M; non-GAAP EPS $0.36–$0.38.

• FY26 guidance: SaaS revenue $421M–$422M; total revenue $574.3M–$575.3M; non-GAAP operating income $102.7M–$103.7M; non-GAAP EPS $1.22–$1.24.

• Guidance excludes stock-based compensation and amortization of intangible assets, expected at $119.3M and $10.6M for FY26.

• Path to $1B ARR driven by Celeste, cloud migrations, new clients, partnerships, and acquisitions.