Intapp

INTA · Nasdaq · Information Technology · Financials, fiscal 2020 to 2026

INTA · Last close · November 6, 2026

$43.73

Intapp's revenue rose 14.6% to $578 million in fiscal 2026. Its operating margin was −6.9%, down from −5.4% a year earlier. Free cash flow was $145 million, up 18.8%. It paid out $275 million in dividends and buybacks, 190% of free cash flow. The diluted share count rose 1.1%.

Intapp, Inc. Latest fiscal year ended June 30, 2026 10-K filed August 14, 2026 · 0001565687-26-000073 Updated November 6, 2026

Revenue

$578M

14.6%

Operating margin

−6.9%

1.5 pts

Net income

−$41M

Free cash flow

$145M

18.8%

Return on equity

−9.9%

5.9 pts

Market cap

$3.3B

Nov 6 close

P/E

—

Loss: no P/E

Operating margin is operating income as a share of revenue. Free cash flow is cash from operations minus capital spending. Return on equity is net income as a share of shareholders' equity. Market cap is the last closing share price times the latest diluted share count, so it is approximate. P/E is the last close divided by diluted earnings per share over the last four quarters, or the latest fiscal year where the quarters aren't available; there is none when the company made a loss.

Charts show fiscal years, from the 10-K filings.

What Intapp does

Intapp sells cloud software to professional firms in accounting, consulting, investment banking, law, private capital and real assets. Its programs help these firms with winning and onboarding clients, checking conflicts of interest, managing the deal pipeline, reporting to investors and clients, and meeting compliance rules. It has added artificial intelligence (AI) features that use a firm's own data.

It earns money mainly from subscriptions to its software, and recognizes that revenue over the length of each contract. Customers are large, partner-led firms in heavily regulated fields.

Intapp says it competes with software that firms build themselves, older programs installed on their own computers, and general-purpose software that has to be heavily customized. It says it has 25 years of experience in these industries.

Its biggest risks, as it describes them

Data breaches at its software or at its outside cloud providers.
Most revenue comes from firms in a handful of professional industries.
Its new AI products may not work as hoped or win customers.
It has a history of losses and may not stay profitable.
Customers may not renew or expand their subscriptions.

From Intapp's annual report on Form 10-K, filed August 14, 2026, in our words; the 10-K has the full description and every risk factor. Updated with each new annual report.

Income statement

Revenue and net income

US$ billions, fiscal years; net losses in red. Revenue on the left axis, net income on the right; zero is the same line on both.

Revenue (left axis)Net income (right axis)

Gross profit, R&D and operating income

US$ billions, fiscal years. Gross profit is revenue minus the cost of what was sold; research and development is one of the costs paid from it; what remains after all operating costs is operating income. Losses in red.

Gross profitResearch and developmentOperating income

Margins

Percent of revenue

GrossOperatingNetFree cash flow

Intapp lost money in fiscal 2026: a net loss of $41 million.

Diluted earnings per share

US$ per share, fiscal years, restated for any stock splits; loss years in red.

Returns on capital

Return on capital and on equity

Percent. Return on capital is after-tax operating income over the money invested in the business (debt plus equity, minus cash); return on equity is net income over shareholders' equity. Both use the average of opening and closing balances.

Return on capitalReturn on equity

Balance sheet

Cash and debt

US$ billions, at each fiscal year end. Debt includes finance leases.

Cash and short-term investmentsDebt

Assets, liabilities and equity

US$ billions, at each fiscal year end. Assets equal liabilities plus equity; negative equity in red.

Total assetsTotal liabilitiesShareholders' equity

Debt and liquidity ratios

Times. Debt to equity, current assets over current liabilities, and net debt over EBITDA (a full year's).

Debt to equityCurrent ratioNet debt to EBITDA

Five years at a glance

Fiscal year end	FY22	FY23	FY24	FY25	FY26
Cash and short-term investments	51	130	208	313	163
Debt incl. finance leases	—	—	—	—	—
Net debt (negative means net cash)	—	—	—	—	—
Net debt to EBITDA	—	—	—	—	—
Debt to equity	—	—	—	—	—
Interest coverage	−363.0x	−444.0x	−32,191.0x	—	—
Current ratio	0.7x	1.0x	1.1x	1.3x	0.8x
Quick ratio	0.7x	1.0x	1.1x	1.3x	0.8x

US$ millions unless stated, at each fiscal year end. Net debt to EBITDA is debt minus cash, divided by operating income before depreciation and amortization: roughly how many years of those earnings the net debt equals. Debt to equity is debt as a multiple of shareholders' equity. Interest coverage is operating income divided by interest expense. The current ratio is current assets over current liabilities; the quick ratio leaves out inventory.

Cash flow

Cash from operations, capital spending and free cash flow

US$ billions, fiscal years. Free cash flow is cash from operations minus capital spending; negative years in red.

Cash from operationsCapital spendingFree cash flow

Stock-based compensation and buybacks

US$ billions, fiscal years. Shares paid to employees (stock-based compensation, a cost that uses no cash) against cash spent buying shares back. Buybacks that only match it leave the share count roughly where it was.

Stock-based compensationShare buybacks

Dividends and buybacks

US$ billions, cash paid in each fiscal year

DividendsShare buybacks

Diluted share count

Weighted-average diluted shares, millions

Projections

Project Intapp's revenue, net income and earnings per share five years ahead in a bull, a base and a bear case with your own figures, and see the share prices your P/E estimates give them, or value it with a discounted cash flow model. Every projected figure is yours: it is not a forecast of ours.

Open Intapp's projections

Insider trades

Over the 12 months between November 7, 2025 and November 6, 2026, no insider bought Intapp shares on the open market, and 8 insiders sold $18.7 million, all of it under trading plans set up in advance.

Buys and sells by month

US$ millions, open-market purchases (up) and sales (down) by officers, directors and 10% owners in each month.

BoughtSold

Date	Insider	Trade	Shares	Price	Value	Filing
Sep 21, 2026	John T HallChief Executive Officer, Director	Sold plan	3,000	$36.74	$110,220	Form 4
Sep 14, 2026	John T HallChief Executive Officer, Director	Sold plan	3,000	$37.93	$113,790	Form 4
Sep 8, 2026	John T HallChief Executive Officer, Director	Sold plan	3,000	$39.59	$118,770	Form 4
Sep 2, 2026	Thad JampolChief Product Officer	Sold plan	5,000	$41.80	$209,006	Form 4
Aug 31, 2026	John T HallChief Executive Officer, Director	Sold plan	3,000	$43.27	$129,810	Form 4
Aug 24, 2026	John T HallChief Executive Officer, Director	Sold plan	65,802	$41.19	$2.7 million	Form 4
Aug 24, 2026	David H Morton JrChief Financial Officer	Sold plan	10,000	$40.88	$408,800	Form 4
Aug 24, 2026	Dustin de Forest SedgwickChief Marketing Officer	Sold plan	1,474	$41.21	$60,751	Form 4
Aug 19, 2026	George R NebleDirector	Sold plan	2,624	$40.00	$104,960	Form 4
Aug 17, 2026	John T HallChief Executive Officer, Director	Sold plan	3,000	$39.06	$117,181	Form 4
Aug 13, 2026	Thad JampolChief Product Officer	Sold plan	25,000	$40.76	$1.0 million	Form 4
Aug 13, 2026	David H Morton JrChief Financial Officer	Sold plan	20,000	$40.72	$814,360	Form 4

The latest 12 of 29 trades. Open-market purchases and sales by officers, directors and 10% owners, from their Form 4 filings with the SEC: one row per person, day and filing, at the day's average price. Grants, option exercises and shares withheld for tax aren't counted. Insiders buy and sell for many reasons, such as taxes, spreading their savings or a plan set up months earlier, so a trade on its own says little about where a company is heading. For information only, not investment advice. Insider trades at all companies

Indicators

Four widely used measures, worked out from the company's filings. The cutoffs are the ones their authors or users go by, not a verdict of ours.

Indicator	FY24	FY25	FY26
Piotroski F-score	—	—	—
Rule of 40	37.8%	41.3%	39.7%
Altman Z''	−0.80	0.19	−3.94
Accruals ratio	−14.6%	−17.4%	−22.8%

Piotroski F-score: how many of nine simple tests of profitability, funding and efficiency the company passed in the year (Piotroski, 2000); 8 or 9 is strong, 0 to 2 weak. Rule of 40: revenue growth plus free cash flow margin; software investors treat 40% or more as the bar. Altman Z'': working capital, retained earnings, operating income and equity weighed against assets and liabilities (Altman, 1995); Altman puts above 2.6 in the safe zone and below 1.1 in the distress zone. Accruals ratio: net income minus cash from operations, over average total assets; lower means profit is backed by cash.

The nine F-score tests

Test	FY24	FY25	FY26
Net income is positive	Fail	Fail	Fail
Cash from operations is positive	Pass	Pass	Pass
Return on assets rose	Pass	Pass	Fail
Cash from operations exceeds net income	Pass	Pass	Pass
Debt fell relative to assets	—	—	—
Current ratio rose	Pass	Pass	Fail
Share count didn't rise	Fail	Fail	Fail
Gross margin rose	Pass	Pass	Pass
Revenue rose relative to assets	Fail	Pass	Fail
F-score	—	—	—

Companies that report no gross profit are scored on the other eight.

Compare

Put Intapp side by side with any other company we cover: revenue, growth, margins, cash flow and returns, with ten years of charts.

Similar companies

Company	Year	Revenue growth	Operating margin	Free cash flow margin	Return on capital	Net debt to EBITDA	F-score	Compare
Intapp	FY26	14.6%	−6.9%	25.0%	—	—	—
Digital Turbine	FY26	15.2%	6.0%	2.0%	5.2%	3.1x	7	Compare
nCino	FY26	10.0%	0.6%	13.9%	—	—	—	Compare
Varonis Systems	FY25	13.2%	−23.5%	21.6%	−29.1%	—	5	Compare
JFrog	FY25	24.1%	−17.3%	26.8%	—	—	—	Compare

Each company's latest fiscal year. Fiscal years end in different months, so the periods don't line up exactly. Free cash flow margin is free cash flow as a share of revenue. Net debt to EBITDA is explained under the balance sheet, and the F-score under Indicators.

7 years of figures

Fiscal year	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Income statement
Revenue	187	215	272	351	430	504	578
Revenue growth	—	14.9%	26.8%	29.0%	22.7%	17.1%	14.6%
Gross profit	116	140	173	239	307	373	438
Research and development	42	51	74	94	114	138	167
Operating income	−17	−23	−100	−69	−32	−27	−40
Net income	−46	−47	−100	−69	−32	−18	−41
Diluted EPS (US$)	−2.23	−2.23	−1.63	−1.08	−0.45	−0.23	−0.52
Diluted shares (millions)	24	28	61	64	72	79	80
Cash flow
Cash from operations	−1	−10	14	28	67	124	147
Capital expenditure	3	2	1	2	2	2	2
Free cash flow	−4	−12	14	25	65	122	145
Dividends paid	0	0	0	0	0	0	0
Share buybacks	0	0	0	0	0	0	275
Acquisitions	0	21	2	7	11	52	0
Stock-based compensation	3	18	78	68	60	88	120
Balance sheet at fiscal year end
Cash and short-term investments	42	38	51	130	208	313	163
Debt incl. finance leases	—	276	—	—	—	—	—
Total assets	—	460	494	629	733	894	754
Total liabilities	—	473	238	288	330	374	436
Shareholders' equity	−171	−158	256	341	403	520	318
Margins and ratios
Gross margin	61.9%	65.3%	63.6%	68.2%	71.3%	74.0%	75.8%
Operating margin	−9.0%	−10.7%	−36.6%	−19.7%	−7.5%	−5.4%	−6.9%
Net margin	−24.6%	−21.8%	−36.6%	−19.8%	−7.4%	−3.6%	−7.2%
Free cash flow margin	−2.2%	−5.7%	5.0%	7.2%	15.1%	24.2%	25.0%
Rule of 40 (growth + FCF margin)	—	9.2%	31.8%	36.2%	37.8%	41.3%	39.7%
Return on capital	—	—	—	—	—	—	—
Return on equity	—	—	−202.8%	−23.2%	−8.6%	−4.0%	−9.9%
Return on assets	—	—	−20.9%	−12.4%	−4.7%	−2.2%	−5.0%
Net debt to EBITDA	—	—	—	—	—	—	—

US$ millions unless stated. Where a later 10-K restated a year, the latest filed figure is shown. Download all figures (CSV, US$ millions)

Source: Intapp's Form 10-K filings, from SEC EDGAR. For information only, not investment advice. The Filing Desk is not affiliated with Intapp.