> ## Content Index > Fetch the complete content index at: https://www.bullished.co/llms.txt > Use this file to discover other available public pages before exploring further. # Intapp's Cash Flow Doubled, But A $47.1 Million Collection Did The Heavy Lifting - URL: https://www.bullished.co/intapps-cash-flow-doubled-but-a-47-1-million-collection-did-the-heavy-lifting-6af7b3f5/ - Published: 2026-10-27T21:24:01.000Z - Updated: 2026-10-27T21:24:01.000Z - Description: Operating cash flow hit $28.4 million as receivables unwound, while employee tax bills took $16.8 million and buybacks halved. - Author: Matteo Parrino - Tags: SEC Filings, INTA, Industry: Technology [Intapp](https://www.bullished.co/tag/inta/), which makes cloud software for accounting, legal, consulting and investment banking firms, generated [$28.4 million](https://www.sec.gov/Archives/edgar/data/0001565687/000156568726000128/inta-20260930.htm?ref=bullished.co) in operating cash in its fiscal first quarter, up from $13.8 million a year earlier. Most of the lift came from a $47.1 million drop in accounts receivable, the company said in its 10-Q filed Tuesday, while the quarter still ended with a $1.3 million net loss. ## Where the cash came from The company attributed the receivables decline to timing of billing and collections. Against it, deferred revenue fell $27.3 million, which the filing ties to timing of client invoicing, and accounts payable and accrued liabilities fell $27.9 million. Non-cash charges of $38.8 million, mainly stock compensation, depreciation and amortization, also bridged the gap between the loss and the cash figure. Cash and equivalents ended September 30 at $147.7 million, down from $162.8 million at June 30. Revenue itself was strong. Total revenue was $161.3 million, up 16%, with subscription revenue up 29% to $125.5 million. Annual recurring revenue reached $607.1 million, up 20%, and the [earnings release](https://www.sec.gov/Archives/edgar/data/0001565687/000156568726000125/inta-20260930xex991.htm?ref=bullished.co) put cloud ARR at $515.3 million, up 28%. ## Tax bills and a slower buyback Financing activities used $41.4 million. Intapp paid $16.8 million in employee payroll tax withholding on vested equity awards, with no such payment in the year-earlier quarter. Stock-based compensation rose to $33.1 million from $27.3 million, and unrecognized cost on unvested awards stood at $248.4 million as of September 30, to be recognized over about 2.3 years. Buybacks fell to $25.0 million, about 0.6 million shares, from $50.0 million a year earlier. The [prior 10-Q](https://www.sec.gov/Archives/edgar/data/0001565687/000156568726000037/inta-20260331.htm?ref=bullished.co) showed $100.0 million repurchased in the March quarter. Of the $200.0 million authorization approved in January, $50.0 million remains. ## A new credit line, still undrawn On July 7, Intapp entered a five-year, $150 million revolving credit facility led by UBS and ended its JPMorgan-led agreement. Nothing has been borrowed under it. The company says cash plus the facility should cover needs for the next twelve months and beyond. The company's 10-K, filed August 14, had already [described the UBS facility](https://www.sec.gov/Archives/edgar/data/0001565687/000156568726000073/inta-20260630.htm?ref=bullished.co). Intapp guided second-quarter total revenue to $158.8 million to $159.8 million, below this quarter's $161.3 million. ### Sources - [10-Q Filing — Intapp (INTA)](https://www.sec.gov/Archives/edgar/data/0001565687/000156568726000128/inta-20260930.htm?ref=bullished.co) — SEC EDGAR - [10-Q Filing — Intapp (INTA), Q3 FY2026 filed 2026-05-05 (comparison basis)](https://www.sec.gov/Archives/edgar/data/0001565687/000156568726000037/inta-20260331.htm?ref=bullished.co) — SEC EDGAR - [10-K Filing — Intapp (INTA), filed 2026-08-14 (earlier disclosure)](https://www.sec.gov/Archives/edgar/data/0001565687/000156568726000073/inta-20260630.htm?ref=bullished.co) — SEC EDGAR - [Earnings release (8-K Item 2.02, inta-20260930xex991.htm) — Intapp, filed 2026-10-27](https://www.sec.gov/Archives/edgar/data/0001565687/000156568726000125/inta-20260930xex991.htm?ref=bullished.co) — SEC EDGAR - [Intapp Non-GAAP EPS of $0.44 beats by $0.04, revenue of $161.2M beats by $1.57M (INTA:NASDAQ) | Seeking Alpha](https://seekingalpha.com/news/4658390-intapp-non-gaap-eps-of-0%5F44-beats-by-0%5F04-revenue-of-161%5F2m-beats-by-1%5F57m?ref=bullished.co) — seekingalpha.com - [Oppenheimer names top SMID software stocks ahead of Q3 earnings](https://uk.finance.yahoo.com/news/oppenheimer-names-top-smid-software-054410482.html?ref=bullished.co) — Yahoo Finance - [Oppenheimer點名Q3財報季前最看好的中小型軟件股](https://hk.finance.yahoo.com/news/oppenheimer%E9%BB%9E%E5%90%8Dq3%E8%B2%A1%E5%A0%B1%E5%AD%A3%E5%89%8D%E6%9C%80%E7%9C%8B%E5%A5%BD%E7%9A%84%E4%B8%AD%E5%B0%8F%E5%9E%8B%E8%BB%9F%E4%BB%B6%E8%82%A1-061256398.html?ref=bullished.co) — Yahoo Finance ### More on Intapp - [Intapp Cuts Quarterly Loss To $1.3 Million As Subscription Revenue Climbs 29%](https://www.bullished.co/intapp-cuts-quarterly-loss-to-1-3-million-as-subscription-revenue-climbs-29-2c7acef8/) - [Intapp's Proxy Shows 220,000 AI-Program Stock Units For CEO John Hall, Plus A $1 Million Cash Bonus](https://www.bullished.co/intapps-proxy-shows-220-000-ai-program-stock-units-for-ceo-john-hall-plus-a-1-million-cash-73a439e3/) [All Intapp (INTA) coverage →](https://www.bullished.co/tag/inta/)