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Dec 31, 2021
Intapp Q2 2022 Earnings Report
Intapp reported strong second-quarter results, marking the third consecutive quarter of strong performance since its IPO.
Key Takeaways
Intapp announced its financial results for the second quarter of fiscal year 2022, reporting a 30% year-over-year increase in total revenue and a 36% year-over-year increase in SaaS and support revenue. Cloud ARR increased 52% year-over-year, representing 56% of total ARR.
SaaS and support revenue was $47.0 million, up 36% year-over-year.
Total revenue was $64.7 million, up 30% year-over-year.
Cloud ARR was $135.3 million, up 52% year-over-year.
Total ARR was $240.0 million, up 27% year-over-year.
Intapp
Intapp
Intapp Revenue by Segment
Revenue by Segment
SaaS and Support Revenue
CapyFin.comProfessional Services Revenue
CapyFin.com Forward Guidance
Intapp provided its outlook for the third quarter of fiscal year 2022, while raising its guidance for the full fiscal year of 2022.
Positive Outlook
- Third Quarter Fiscal Year SaaS and support revenue (in millions) $47.0 - $48.0
- Third Quarter Total revenue (in millions) $65.0 - $66.0
- Fiscal Year SaaS and support revenue (in millions) $185.0 - $189.0
- Fiscal Year Total revenue (in millions) $258.0 - $262.0
Challenges Ahead
- Third Quarter Non-GAAP operating loss (in millions) $5.0 - $6.0
- Third Quarter Non-GAAP net loss per share $0.09 - $0.11
- Fiscal Year Non-GAAP operating loss (in millions) $11.0 - $15.0
- Fiscal Year Non-GAAP net loss per share $0.24 - $0.28
Revenue & Expenses
Visualization of income flow from segment revenue to net income