Shares of Intapp, Inc. (NASDAQ: INTA) surged 23.56% in after-hours trading on Tuesday following the company's release of impressive fourth-quarter results, optimistic fiscal year 2026 guidance, and the announcement of a $150 million stock repurchase program.

The cloud software provider for professional and financial services firms reported a stellar performance for its fiscal fourth quarter ended June 30, 2025. Intapp's adjusted earnings per share (EPS) came in at $0.27, significantly beating the analyst consensus estimate of $0.23. This represents an 80% increase from $0.15 per share in the same period last year. The company's total revenue reached $135.039 million, up 18.07% year-over-year and surpassing the analyst expectations of $132.005 million.

Key highlights from the earnings report include: - SaaS revenue increased by 27% year-over-year to $90.2 million - Cloud annual recurring revenue (ARR) grew by 29% year-over-year to $383.1 million - The company expanded its $1 million-plus ARR client base by 49% year-over-year to 109 accounts - Cloud net revenue retention rate for the trailing twelve months was 120%

Adding to investor enthusiasm, Intapp provided an optimistic outlook for fiscal year 2026. The company projects SaaS revenue between $411.4 million and $415.4 million, with total revenue expected to range from $566.7 million to $570.7 million. The forecast for non-GAAP diluted net income per share is between $1.09 and $1.13, surpassing the consensus estimate of $1.04.

Furthermore, Intapp's Board of Directors authorized a $150 million stock repurchase program, signaling confidence in the company's financial position and future prospects. This move is likely to be well-received by investors, as it demonstrates the company's commitment to enhancing shareholder value.

CEO John Hall attributed the strong performance to the successful launch of innovative new AI solutions, positioning Intapp for continued growth in the professional services technology market. The company's focus on cloud migration and AI-powered solutions appears to be paying off, as evidenced by the robust growth in cloud ARR and SaaS revenue.

The combination of strong financial results, positive future guidance, and the stock buyback announcement has driven significant investor interest, resulting in the substantial after-hours stock price increase for Intapp.