Intapp announces fourth quarter and fiscal year 2025 financial results

Fourth quarter SaaS revenue of $90.2 million, up 27% year-over-year Cloud annual recurring revenue (ARR) of $383.1 million, up 29% year-over-year Trailing twelve months cloud net revenue retention rate as of June 30, 2025 was 120%

PALO ALTO, Calif., August 12, 2025--(BUSINESS WIRE)--Intapp, Inc. (NASDAQ: INTA), a leading global provider of AI-powered solutions for professionals at advisory, capital markets, and legal firms, announced financial results for its fiscal fourth quarter and fiscal year ended June 30, 2025. Intapp also provided its outlook for the first quarter and the full fiscal year 2026.

"We are pleased to report a solid fourth quarter to cap off a strong and exciting year," said John Hall, CEO of Intapp. "Our fiscal year 2025 results are reflective of the hard work we've done to launch innovative new AI solutions, expand our client base around the globe, forge new partnerships, and help firms move to the cloud. We're excited to enter the new year with momentum."

Fourth Quarter of Fiscal Year 2025 Financial Highlights

SaaS revenue was $90.2 million, a 27% year-over-year increase compared to the fourth quarter of fiscal year 2024. Total revenue was $135.0 million, an 18% year-over-year increase compared to the fourth quarter of fiscal year 2024. Cloud ARR was $383.1 million as of June 30, 2025, a 29% year-over-year increase compared to Cloud ARR as of June 30, 2024. Cloud ARR represented 79% of total ARR as of June 30, 2025, compared to 73% as of June 30, 2024. Total ARR was $485.4 million as of June 30, 2025, a 20% year-over-year increase compared to total ARR as of June 30, 2024. GAAP operating loss was $(4.2) million, compared to a GAAP operating income of $0.3 million in the fourth quarter of fiscal year 2024. Non-GAAP operating income was $21.3 million, compared to a non-GAAP operating income of $13.5 million in the fourth quarter of fiscal year 2024. GAAP net loss was $(0.5) million, compared to a GAAP net loss of $(0.6) million in the fourth quarter of fiscal year 2024. Non-GAAP net income was $23.0 million, compared to a non-GAAP net income of $11.9 million in the fourth quarter of fiscal year 2024. GAAP net loss per share was $(0.01), compared to a GAAP net loss per share of $(0.01) in the fourth quarter of fiscal year 2024. Non-GAAP diluted net income per share was $0.27, compared to a non-GAAP diluted net income per share of $0.15 in the fourth quarter of fiscal year 2024.

Fiscal Year 2025 Financial Highlights

SaaS revenue was $331.9 million, a 28% year-over-year increase compared to fiscal year 2024. Total revenue was $504.1 million, a 17% year-over-year increase compared to fiscal year 2024. GAAP operating loss was ($27.4) million, compared to a GAAP operating loss of ($32.2) million in fiscal year 2024. Non-GAAP operating income was $75.6 million, compared to a non-GAAP operating income of $38.7 million in fiscal year 2024. GAAP net loss was ($18.2) million, compared to a GAAP net loss of ($32.0) million in fiscal year 2024. Non-GAAP net income was $78.9 million compared to a non-GAAP net income of $36.4 million in fiscal year 2024. GAAP net loss per share was $(0.23), compared to a GAAP net loss per share of $(0.45) in fiscal year 2024. Non-GAAP diluted net income per share was $0.94, compared to a non-GAAP diluted net income per share of $0.45 in fiscal year 2024. Cash and cash equivalents were $313.1 million as of June 30, 2025, compared to $208.4 million as of June 30, 2024. For the fiscal year ended June 30, 2025, net cash provided by operating activities was $123.5 million, compared to net cash provided by operating activities of $67.2 million for the fiscal year ended June 30, 2024.

Story Continues

Business Highlights

As of June 30, 2025, we served more than 2,700 clients, 795 of which each had contracts greater than $100,000 of ARR. In addition, at fiscal year ended June 30, 2025, we had 109 clients with more than $1.0 million of ARR, up from 73 such clients at the prior fiscal year end. We upsold and cross-sold our existing clients such that our trailing twelve months’ cloud net revenue retention rate as of June 30, 2025 was 120%. We continued to add new clients and expand existing accounts including law firms Blank Rome, Colin Biggers & Paisley, and Sills Cummis & Gross. We continued to develop our partner ecosystem and announced new or expanded partnerships with MSCI, Snowflake, and SUBSCRIBE. We revealed the results of our 2025 Technology Perceptions original research study, which found that 72% of accounting, consulting, legal, and private capital professionals are using AI at work, compared to just 48% in 2024.

Fiscal 2026 Outlook First Quarter Fiscal Year (in millions, except per share data) SaaS revenue $95.7 - $96.7 $411.4 - $415.4 Total revenue $134.8 - $135.8 $566.7 - $570.7 Non-GAAP operating income $16.0 - $17.0 $96.0 - $100.0 Non-GAAP diluted net income per share $0.18 - $0.20 $1.09 - $1.13

The guidance provided above constitutes forward-looking statements and actual results may differ materially. Refer to the "Forward-Looking Statements" safe harbor section below for information on the factors that could cause our actual results to differ materially from these forward-looking statements.

The information presented in this press release includes non-GAAP financial measures such as "non-GAAP operating income," "non-GAAP net income," and "non-GAAP diluted net income per share." Refer to "Non-GAAP Financial Measures and Other Metrics" for a discussion of these measures and the financial tables below for reconciliations of each non-GAAP financial measure to the most directly comparable GAAP financial measure.

The guidance regarding non-GAAP operating income excludes known pre-tax charges related to estimated stock-based compensation of $25.6 million for the first quarter of fiscal year 2026 and $109.4 million for fiscal year 2026 and amortization of intangible assets of $2.9 million for the first quarter of fiscal year 2026 and $10.6 million for fiscal year 2026. The guidance regarding non-GAAP diluted net income per share excludes known pre-tax charges related to estimated stock-based compensation of $0.30 per share for the first quarter of fiscal year 2026 and $1.26 per share for fiscal year 2026 and amortization of intangible assets of $0.03 per share for the first quarter of fiscal year 2026 and $0.12 per share for fiscal year 2026. The Company has not included a quantitative reconciliation of its guidance for non-GAAP operating income and non-GAAP diluted net income per share to their most directly comparable GAAP financial measures, other than stock-based compensation and amortization of intangible assets, because certain of these reconciling items, including expenses associated with acquisition-related contingent and deferred liabilities, transaction costs, restructuring and other costs and income tax effect of non-GAAP adjustments, could be highly variable and cannot be reasonably predicted without unreasonable effort. This is due to the inherent difficulty of forecasting the timing of certain events that have not yet occurred and are out of the Company’s control and the amounts of associated reconciling items. Please note that the unavailable reconciling items could significantly impact the Company’s GAAP operating results.

Corporate Presentation

A supplemental financial presentation and other information will be accessible through Intapp’s investor relations website at https://investors.intapp.com/.

Webcast

Intapp will host a conference call for analysts and investors on Tuesday, August 12, 2025, beginning at 2:00 p.m. PT (5:00 p.m. ET). The call will be webcast live via the "Investors" section of the Intapp company website at https://investors.intapp.com/. A replay of the call will be available through the Intapp website for 90 days.

About Intapp

Intapp software helps professionals unlock their teams’ knowledge, relationships, and operational insights to increase value for their firms. Using the power of Applied AI, we make firm and market intelligence easy to find, understand, and use. With Intapp’s portfolio of vertical SaaS solutions, professionals can apply their collective expertise to make smarter decisions, manage risk, and increase competitive advantage. The world’s top firms — across accounting, consulting, investment banking, legal, private capital, and real assets — trust Intapp’s industry-specific platform and solutions to modernize and drive new growth.

Forward-Looking Statements

This press release contains express and implied "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding our financial outlook for the first quarter and full fiscal year 2026, growth strategy, business plans and market position. In some cases, you can identify forward-looking statements by terms such as "anticipate," "believe," "estimate," "expect," "intend," "may," "might," "plan," "project," "would," "should," "could," "can," "predict," "potential," "target," "explore," "continue," "expand," "outlook" or the negative of these terms, and similar expressions intended to identify forward-looking statements. By their nature, these statements are subject to numerous uncertainties and risks, including factors beyond our control, that could cause actual results, performance, or achievement to differ materially and adversely from those anticipated or implied in the statements, including: our ability to continue our growth at or near historical rates; our future financial performance and ability to be profitable; the effect of global events on the U.S. and global economies, our business, our employees, our results of operations, our financial condition, demand for our products, sales and implementation cycles, and the health of our clients’ and partners’ businesses; our ability to prevent and respond to data breaches, unauthorized access to client data or other disruptions of our solutions; our ability to effectively manage U.S. and global market and economic conditions, including inflationary pressures, economic and market downturns and volatility in the financial services industry, particularly adverse to our targeted industries; the effect on our customers of the imposition of additional tariffs, duties, or taxes, changes to existing trade agreements, and other charges or barriers to trade and any resulting impact to global stock markets, foreign currency exchange rates, and existing inflationary pressures; the length and variability of our sales cycle; our ability to attract and retain clients; our ability to attract and retain talent; our ability to compete in highly competitive markets, including AI products; our ability to manage the implementation of AI into our products and services and to comply with U.S. and global laws and regulations regarding AI; our ability to manage additional complexity, burdens, and volatility in connection with our international sales and operations; the successful assimilation or integration of the businesses, technologies, services, products, personnel or operations of acquired companies; our ability to incur indebtedness in the future and the effect of conditions in credit markets; the sufficiency of our cash and cash equivalents to meet our liquidity needs; and our ability to maintain, protect, and enhance our intellectual property rights. Additional risks and uncertainties that could cause actual outcomes and results to differ materially from those contemplated by the forward-looking statements are included under the caption "Risk Factors" and elsewhere in our Annual Report on Form 10-K, our Quarterly Reports on Form 10-Q, and any subsequent public filings. Moreover, we operate in a very competitive and rapidly changing environment, and new risks may emerge from time to time. It is not possible for us to predict all risks, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results or outcomes to differ materially from those contained in any forward-looking statements we may make. Forward-looking statements speak only as of the date the statements are made and are based on information available to us at the time those statements are made and/or management’s good faith belief as of that time with respect to future events. We assume no obligation to update forward-looking statements to reflect events or circumstances after the date they were made, except as required by law.

Presentation Changes Related to SaaS and License Revenue

Effective July 1, 2024, the Company adjusted the classification of support services related to subscription license to be included within "license" on the consolidated statements of operations. Prior to July 1, 2024, support services related to subscription license was included in a line item entitled "SaaS and Support." Accordingly, effective July 1, 2024, SaaS revenues include subscription fees from clients accessing our SaaS solutions, premium support services related to SaaS, and updates, if any, to the subscribed service during the subscription term. There was no change to the Company's revenue recognition policy, except for the change in classification noted herein.

The presentation of cost of revenues has been conformed to reflect the changes related to the presentation of revenues. Such reclassifications related to the presentation of revenues and cost of revenues did not affect total revenues, operating income, or net income.

Non-GAAP Financial Measures and Other Metrics

This press release contains the following non-GAAP financial measures: non-GAAP gross profit, non-GAAP gross margin, non-GAAP operating expenses, non-GAAP operating income, non-GAAP net income, and non-GAAP diluted net income per share. These non-GAAP measures exclude the impact of stock-based compensation, amortization of intangible assets, expenses associated with acquisition-related contingent and deferred liabilities, transaction costs, restructuring and other costs and the income tax effect of non-GAAP adjustments. Stock-based compensation includes the net effects of capitalization and amortization of stock-based compensation related to capitalized internal-use software costs. See below for a reconciliation of each non-GAAP financial measure to the most directly comparable GAAP financial measure.

Free cash flow is a non-GAAP financial measure, and a supplemental liquidity measure that management uses to evaluate our core operating business and our ability to meet our current and future financing and investing needs. It consists of net cash provided by operating activities less cash paid for purchases of property and equipment. See below for a reconciliation of each non-GAAP financial measure to the most directly comparable GAAP financial measure.

Other metrics include total ARR, Cloud ARR and Cloud net revenue retention rate. Total ARR represents the annualized recurring value of all active SaaS and on-premise license contracts at the end of a reporting period. Cloud ARR is the portion of the annualized recurring value of our active SaaS contracts at the end of a reporting period. Contracts with a term other than one year are annualized by taking the committed contract value for the current period divided by number of days in that period, then multiplying by 365. Cloud net revenue retention rate is the portion of our net revenue retention rate, which represents the net revenue retention of our SaaS contracts. We calculate Cloud net revenue retention by starting with the Cloud ARR from the cohort of all clients as of the twelve months prior to the applicable fiscal period, or prior period Cloud ARR. We then calculate the Cloud ARR from these same clients as of the current fiscal period, or current period Cloud ARR. We then divide the current period Cloud ARR by the prior period Cloud ARR to calculate the Cloud net revenue retention.

We believe these non-GAAP financial measures and metrics provide useful information to investors as they are used by management to manage the business, make planning decisions, evaluate our performance, and allocate resources and provide useful information regarding certain financial and business trends relating to our financial condition and results of operations. These non-GAAP financial measures, which may be different than similarly-titled measures used by other companies, should not be considered a substitute for, or superior to, the financial information prepared and presented in accordance with GAAP.

Guidance for non-GAAP financial measures excludes stock-based compensation expense, amortization of intangible assets, expenses associated with acquisition-related contingent and deferred liabilities, transaction costs, restructuring and other costs and the income tax effect of non-GAAP adjustments. Non-GAAP diluted net income per share is calculated by dividing non-GAAP net income by the estimated diluted weighted average shares outstanding for the period.

INTAPP, INC. CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited, in thousands, except per share data and percentages) Three Months Ended
June 30, Year Ended
June 30, 2025 2024 2025 2024 Revenues SaaS $ 90,186 $ 70,835 $ 331,948 $ 259,256 License 31,831 30,254 120,024 117,386 Professional services 13,022 13,287 52,148 53,881 Total revenues 135,039 114,376 504,120 430,523 Cost of revenues SaaS 18,207 14,611 66,714 53,487 License 1,363 1,489 6,256 6,344 Professional services 14,512 14,638 58,178 63,830 Total cost of revenues 34,082 30,738 131,148 123,661 Gross profit 100,957 83,638 372,972 306,862 Gross margin 74.8 % 73.1 % 74.0 % 71.3 % Operating expenses: Research and development 37,919 29,838 137,760 113,634 Sales and marketing 43,037 33,232 163,846 138,176 General and administrative 24,216 20,266 98,723 87,243 Total operating expenses 105,172 83,336 400,329 339,053 Operating (loss) income (4,215 ) 302 (27,357 ) (32,191 ) Interest and other income, net 4,615 413 11,219 2,285 Net income (loss) before income taxes 400 715 (16,138 ) (29,906 ) Income tax expense (928 ) (1,312 ) (2,079 ) (2,115 ) Net loss $ (528 ) $ (597 ) $ (18,217 ) $ (32,021 ) Net loss per share, basic and diluted $ (0.01 ) $ (0.01 ) $ (0.23 ) $ (0.45 ) Weighted-average shares used to compute net loss per share, basic and diluted 81,281 73,898 78,710 71,488

INTAPP, INC. CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited, in thousands) June 30, 2025 June 30, 2024 Assets Current assets: Cash and cash equivalents $ 313,109 $ 208,370 Restricted cash 200 200 Accounts receivable, net 89,667 95,103 Unbilled receivables, net 19,462 13,300 Other receivables, net 5,866 2,743 Prepaid expenses 11,971 9,031 Deferred commissions, current 15,605 13,907 Total current assets 455,880 342,654 Property and equipment, net 23,157 18,944 Operating lease right-of-use assets 18,139 21,382 Goodwill 326,260 285,969 Intangible assets, net 40,699 40,293 Deferred commissions, noncurrent 20,761 18,495 Other assets 9,265 5,262 Total assets $ 894,161 $ 732,999 Liabilities and Stockholders’ Equity Current liabilities: Accounts payable $ 16,497 $ 13,348 Accrued compensation 51,654 42,066 Accrued expenses 12,647 12,040 Deferred revenue, net 256,994 218,923 Other current liabilities 12,066 14,270 Total current liabilities 349,858 300,647 Deferred tax liabilities 1,716 1,336 Deferred revenue, noncurrent 2,002 3,563 Operating lease liabilities, noncurrent 16,114 19,605 Other liabilities 4,706 4,610 Total liabilities 374,396 329,761 Stockholders’ equity: Common stock 82 75 Additional paid-in capital 1,025,712 891,681 Accumulated other comprehensive loss (630 ) (1,336 ) Accumulated deficit (505,399 ) (487,182 ) Total stockholders’ equity 519,765 403,238 Total liabilities and stockholders’ equity $ 894,161 $ 732,999

INTAPP, INC. CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited, in thousands) Three Months Ended
June 30, Year Ended
June 30, 2025 2024 2025 2024 Cash Flows from Operating Activities: Net loss $ (528 ) $ (597 ) $ (18,217 ) $ (32,021 ) Adjustments to reconcile net loss to net cash provided by operating activities: Depreciation and amortization 4,680 4,698 17,672 16,704 Amortization of operating lease right-of-use assets 1,253 1,259 5,039 4,781 Accounts receivable allowances 481 916 1,973 3,711 Stock-based compensation 19,971 10,604 88,086 59,895 Change in fair value of contingent consideration (23 ) (1,565 ) (1,027 ) (3,290 ) Deferred income taxes 833 302 448 (22 ) Other 53 124 389 239 Changes in operating assets and liabilities: Accounts receivable (30,268 ) (15,239 ) 1,170 (5,138 ) Unbilled receivables, current (1,896 ) 3,165 (6,162 ) (2,639 ) Prepaid expenses and other assets (1,302 ) (1,605 ) (8,003 ) (5,740 ) Deferred commissions (4,412 ) (2,302 ) (3,716 ) (4,066 ) Accounts payable and accrued liabilities 14,683 3,172 13,491 9,438 Deferred revenue, net 35,335 23,328 35,327 28,261 Operating lease liabilities (1,448 ) (783 ) (5,132 ) (4,266 ) Other liabilities 931 1,602 2,191 1,384 Net cash provided by operating activities 38,343 27,079 123,529 67,231 Cash Flows from Investing Activities: Purchases of property and equipment (878 ) (729 ) (1,673 ) (2,457 ) Capitalized internal-use software costs (1,875 ) (1,181 ) (7,370 ) (6,398 ) Business combinations, net of cash acquired (50,935 ) (10,973 ) (51,832 ) (10,973 ) Purchase of strategic investments (2,000 ) — (2,000 ) — Net cash used in investing activities (55,688 ) (12,883 ) (62,875 ) (19,828 ) Cash Flows from Financing Activities: Payments for deferred offering costs — — — (781 ) Proceeds from stock option exercises 4,706 5,539 40,845 30,726 Proceeds from employee stock purchase plan 2,110 1,706 4,080 3,431 Payments of contingent consideration and holdback associated with acquisitions (1,332 ) (500 ) (3,742 ) (3,051 ) Net cash provided by financing activities 5,484 6,745 41,183 30,325 Effect of foreign currency exchange rate changes on cash and cash equivalents 1,764 3 2,902 (343 ) Net (decrease) increase in cash, cash equivalents and restricted cash (10,097 ) 20,944 104,739 77,385 Cash, cash equivalents and restricted cash - beginning of period 323,406 187,626 208,570 131,185 Cash, cash equivalents and restricted cash - end of period $ 313,309 $ 208,570 $ 313,309 $ 208,570

INTAPP, INC. RECONCILIATION OF GAAP TO NON-GAAP FINANCIAL MEASURES (Unaudited, in thousands, except per share data and percentages)

The following tables reconcile the specific items excluded from GAAP in the calculation of non-GAAP financial measures for the periods indicated below:

Non-GAAP Gross Profit Three Months Ended
June 30, Year Ended
June 30, 2025 2024 2025 2024 GAAP gross profit $ 100,957 $ 83,638 $ 372,972 $ 306,862 Adjusted to exclude the following: Stock-based compensation 2,356 1,474 9,909 7,322 Amortization of intangible assets 1,952 1,614 6,541 4,778 Restructuring and other costs 21 342 123 342 Non-GAAP gross profit $ 105,286 $ 87,068 $ 389,545 $ 319,304 Non-GAAP gross margin 78.0 % 76.1 % 77.3 % 74.2 %

Non-GAAP Operating Expenses Three Months Ended
June 30, Year Ended
June 30, 2025 2024 2025 2024 GAAP research and development $ 37,919 $ 29,838 $ 137,760 $ 113,634 Stock-based compensation (6,504 ) (3,231 ) (24,309 ) (14,854 ) Expenses associated with acquisition-related contingent and deferred liabilities (1) (754 ) — (754 ) — Restructuring and other costs (375 ) (80 ) (546 ) (132 ) Non-GAAP research and development $ 30,286 $ 26,527 $ 112,151 $ 98,648 GAAP sales and marketing $ 43,037 $ 33,232 $ 163,846 $ 138,176 Stock-based compensation (5,320 ) (2,878 ) (24,557 ) (17,312 ) Amortization of intangible assets (1,122 ) (1,318 ) (4,696 ) (5,599 ) Expenses associated with acquisition-related contingent and deferred liabilities (1) (754 ) — (754 ) — Restructuring and other costs (41 ) (31 ) (129 ) (31 ) Non-GAAP sales and marketing $ 35,800 $ 29,005 $ 133,710 $ 115,234 GAAP general and administrative $ 24,216 $ 20,266 $ 98,723 $ 87,243 Stock-based compensation (5,791 ) (3,021 ) (29,311 ) (20,407 ) Amortization of intangible assets (128 ) (163 ) (616 ) (652 ) Expenses associated with acquisition-related contingent and deferred liabilities (1) 23 1,565 1,027 3,290 Transaction costs (2) (297 ) (536 ) (1,355 ) (2,685 ) Restructuring and other costs (111 ) (93 ) (347 ) (93 ) Non-GAAP general and administrative $ 17,912 $ 18,018 $ 68,121 $ 66,696

Non-GAAP Operating Income Three Months Ended
June 30, Year Ended
June 30, 2025 2024 2025 2024 GAAP operating loss $ (4,215 ) $ 302 $ (27,357 ) $ (32,191 ) Adjusted to exclude the following: Stock-based compensation 19,971 10,604 88,086 59,895 Amortization of intangible assets 3,202 3,095 11,853 11,029 Expenses associated with acquisition-related contingent and deferred liabilities (1) 1,485 (1,565 ) 481 (3,290 ) Transaction costs (2) 297 536 1,355 2,685 Restructuring and other costs 548 546 1,145 598 Non-GAAP operating income $ 21,288 $ 13,518 $ 75,563 $ 38,726

Non-GAAP Net Income Three Months Ended
June 30, Year Ended
June 30, 2025 2024 2025 2024 GAAP net loss $ (528 ) $ (597 ) $ (18,217 ) $ (32,021 ) Adjusted to exclude the following: Stock-based compensation 19,971 10,604 88,086 59,895 Amortization of intangible assets 3,202 3,095 11,853 11,029 Expenses associated with acquisition-related contingent and deferred liabilities (1) 1,485 (1,565 ) 481 (3,290 ) Transaction costs (2) 297 536 1,355 2,685 Restructuring and other costs 548 546 1,145 598 Income tax effect of non-GAAP adjustments (1,929 ) (766 ) (5,762 ) (2,502 ) Non-GAAP net income $ 23,046 $ 11,853 $ 78,941 $ 36,394 GAAP net loss per share, basic and diluted $ (0.01 ) $ (0.01 ) $ (0.23 ) $ (0.45 ) Non-GAAP net income per share, diluted $ 0.27 $ 0.15 $ 0.94 $ 0.45 Weighted-average shares used to compute GAAP net loss per share, basic and diluted 81,281 73,898 78,710 71,488 Weighted-average shares used to compute non-GAAP net income per share, diluted 84,984 79,967 83,832 80,312

Free Cash Flow Year Ended June 30, 2025 2024 Net cash provided by operating activities $ 123,529 $ 67,231 Adjusted for the following cash outlay: Purchases of property and equipment (1,673 ) (2,457 ) Free cash flow (3) $ 121,856 $ 64,774

(1) Consists of incremental costs, which may include, fair value adjustments on contingent liabilities and compensation expenses related to compensation arrangements entered into concurrent with the closing of an acquisition that will become payable, if at all, only upon the achievement of certain performance milestones. (2) Consists of acquisition-related transaction costs, costs related to a legal settlement incurred in connection with an acquisition and costs related to certain non-capitalized offering-related expenses. (3) Beginning with the second quarter ended December 31, 2023, we have excluded capitalized internal-use software costs and cash paid for interest from the calculation of our free cash flow, which we believe better aligns with industry standard. Our free cash flow for prior period presented were recast to conform to the updated methodology and are reflected herein for comparison purposes.

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Contacts

Investor Contact
David Trone
Senior Vice President, Investor Relations
Intapp, Inc.
[email protected]

Media Contact
Ali Robinson
Global Media Relations Director
Intapp, Inc.
[email protected]

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