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Dec 31, 2023
Intapp Q2 2024 Earnings Report
Intapp's Q2 2024 financial results were announced, demonstrating growth in SaaS and total revenue, alongside increased cloud ARR and total ARR.
Key Takeaways
Intapp reported a solid second quarter with a 23% increase in total revenue year-over-year, reaching $103.9 million. Cloud ARR grew by 34% to $256.1 million, representing 70% of total ARR. The company also saw improvements in operating and net income compared to the previous year.
SaaS and support revenue increased by 25% year-over-year to $77.1 million.
Total revenue grew by 23% year-over-year to $103.9 million.
Cloud ARR increased by 34% year-over-year, reaching $256.1 million.
Total ARR increased by 21% year-over-year, reaching $365.0 million.
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 and updated outlook for the full fiscal year of 2024.
Positive Outlook
- SaaS and support revenue (in millions): $80.0 - $81.0
- Total revenue (in millions): $107.5 - $108.5
- Non-GAAP operating profit (in millions): $6.0 - $7.0
- Non-GAAP diluted net income per share: $0.06 - $0.08
Revenue & Expenses
Visualization of income flow from segment revenue to net income