Core Viewpoint - Intapp, Inc. reported strong financial results for the third quarter of fiscal year 2025, highlighting significant growth in SaaS revenue and cloud annual recurring revenue (ARR) driven by increased client adoption of its AI-powered solutions [2][4][5]. Financial Highlights - Third quarter SaaS revenue reached $84.9 million, representing a 28% year-over-year increase [4][5]. - Total revenue for the third quarter was $129.1 million, a 17% year-over-year increase [5]. - Cloud ARR was $351.8 million as of March 31, 2025, also up 28% year-over-year, accounting for 77% of total ARR [5]. - Total ARR increased to $454.7 million, a 19% year-over-year growth [5]. - GAAP operating loss narrowed to $(5.7) million from $(7.4) million in the same quarter last year [5]. - Non-GAAP operating income was $20.3 million, up from $11.2 million year-over-year [5]. Business Highlights - As of March 31, 2025, Intapp served over 2,650 clients, with 748 clients having contracts exceeding $100,000 in ARR [3]. - The trailing twelve months' cloud net revenue retention rate was 119% as of March 31, 2025, indicating strong client retention and upselling [4][8]. - The company announced the acquisition of TermSheet, enhancing its capabilities in real assets software [8]. - Intapp DealCloud Activator was launched, integrating AI into daily workflows for business development [8]. Outlook - For the fourth quarter of fiscal year 2025, Intapp expects SaaS revenue between $89.0 million and $90.0 million and total revenue between $131.5 million and $132.5 million [6]. - The full fiscal year 2025 outlook includes total revenue projected between $500.6 million and $501.6 million [6].

Core Insights - Intapp has launched the DealCloud Activator, an AI-powered growth platform aimed at enhancing business development practices for professionals in advisory, legal, and capital markets firms [1][2]. Product Features - DealCloud Activator utilizes AI and behavioral science to align business development efforts with strategic goals, integrate new partners, and drive firmwide growth [2]. - The platform provides real-time insights and actionable nudges to support client relationships throughout the client lifecycle without disrupting daily routines [3]. - Key features include relationship and opportunity signals, behavioral nudges, tech stack integration, holistic data pictures, network management and visualization, personalized updates, Activator coaching, and performance metrics [6]. Market Position - Intapp's software is designed to help professionals unlock knowledge, relationships, and operational insights, thereby increasing value for their firms [5]. - The company serves top firms across various sectors, including accounting, consulting, investment banking, legal, private capital, and real assets, leveraging applied AI for competitive advantage [5].