Stock-Based Compensation (Tables)

3 Months Ended

Sep. 30, 2025

Share-Based Payment Arrangement [Abstract]

Stock option activity under the Company’s equity incentive plans during the three months ended September 30, 2025 was as follows (in thousands, except per share data):


	Number of Options	Weighted- Average Exercise Price		Weighted- Average Remaining Contractual Term (in years)	Aggregate Intrinsic Value (1)
Balance as of June 30, 2025	2,628	$	11.42	3.8	$	105,632
Exercised	(340)	8.25

Balance as of September 30, 2025	2,288	$	11.89	3.8	$	66,380
Vested and exercisable as of September 30, 2025	2,288	$	11.89	3.8	$	66,380
Vested and expected to vest as of September 30, 2025	2,288	$	11.89	3.8	$	66,380

(1)Aggregate intrinsic value for stock options represents the difference between the exercise price and the per share fair value of the Company’s common stock as of the end of the period, multiplied by the number of stock options outstanding.

Schedule of PSU Activity

PSU activity during the three months ended September 30, 2025 was as follows (in thousands, except per share data):


	Number of Shares	Weighted- Average Grant Date Fair Value
Balance as of June 30, 2025	2,010	$	37.98
Granted	886	46.77
Vested	(228)	31.49
Forfeited	(87)	40.48
Balance as of September 30, 2025	2,581	$	41.48

Schedule of RSU Activity

RSU activity during the three months ended September 30, 2025 was as follows (in thousands, except per share data):


	Number of Shares	Weighted- Average Grant Date Fair Value
Balance as of June 30, 2025	3,306	$	41.27
Granted	1,375	42.49
Vested	(355)	35.30
Forfeited	(138)	40.30
Balance as of September 30, 2025	4,188	$	42.20

Summary of Stock-Based Compensation Expense

The Company recorded stock-based compensation expense in the unaudited condensed consolidated statements of operations as follows (in thousands):


	Three Months Ended September 30,
		2025		2024
Cost of revenues
Cost of SaaS		$	786	$	664
Cost of license		177		189
Cost of professional services		1,425		1,379
Research and development		7,987		4,624
Sales and marketing		7,893		5,738
General and administrative		9,019		7,395
Total stock-based compensation		$	27,287	$	19,989

Intapp, Inc. 10-Q