BLIN

MKT CAP:$13M

Bridgeline Digital, Inc.

Market Cap

$13M

Technology·Software - Infrastructure·🇺🇸 United States·NASDAQ

Technology·Software Infra·🇺🇸·NASDAQ

Stock Price

$0.89+$0.05 (+5.95%)

Apr 21, 2026

Company Details

Bridgeline Digital, Inc. operates as a digital engagement company in the United States. The company's Bridgeline's Unbound platform enables companies and developers to create websites, web applications, and online stores. It offers Bridgeli...

CEO

Roger E. Kahn

IPO Date

Jun 29, 2007

Website

www.bridgeline.com

Key Metrics TTM

Revenue

$16M

+0.7% YoY

Net Income

-$2M

EPS (Diluted)

-$0.20

Free Cash Flow

-$1M

Revenue / Share

$1.29

Gross Margin

66.4%

Operating Margin

-13.5%

Net Margin

-12.7%

FCF Margin

-8.7%

P/S

0.8x

P/E

—

Earnings Reports

Q2 2026

May 14, 2026

PENDING

Q1 2026

Feb 12, 2026

$4M+3.2%EPS -$0.01

FY 2025

Dec 18, 2025

$15M+0.2%EPS -$0.25

Q4 2025

Dec 18, 2025

$4M+0.2%EPS -$0.03

Q3 2025

Aug 14, 2025

$4M-2.3%EPS -$0.07

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q2 22	$4M	$3M	-$606.0K
Q3 22	$4M	$3M	-$403.0K
Q4 22	$4M	$3M	-$409.0K
Q1 23	$4M	$3M	-$362.0K
Q2 23	$4M	$3M	-$662.0K
Q3 23	$4M	$3M	-$665.0K
Q4 23	$4M	$3M	-$8M
Q1 24	$4M	$3M	-$635.0K
Q2 24	$4M	$3M	-$519.0K
Q3 24	$4M	$3M	-$383.0K
Q4 24	$4M	$3M	-$482.0K
Q1 25	$4M	$3M	-$511.0K
Q2 25	$4M	$3M	-$745.0K
Q3 25	$4M	$3M	-$689.0K
Q4 25	$4M	$3M	-$482.0K
Q1 26	$4M	$3M	-$171.0K

Valuation

Quarter	P/S	P/E
Q2 22	0.8x	—
Q3 22	0.8x	10.2x
Q4 22	0.8x	6.0x
Q1 23	0.8x	66.2x
Q2 23	0.8x	—
Q3 23	0.8x	—
Q4 23	0.8x	—
Q1 24	0.8x	—
Q2 24	0.8x	—
Q3 24	0.8x	—
Q4 24	0.8x	—
Q1 25	0.8x	—
Q2 25	0.8x	—
Q3 25	0.8x	—
Q4 25	0.8x	—
Q1 26	0.8x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q2 22	-$962.0K	-$974.0K
Q3 22	-$115.0K	-$206.0K
Q4 22	$864.0K	$836.0K
Q1 23	-$82.0K	-$88.0K
Q2 23	$613.0K	$603.0K
Q3 23	-$182.0K	-$189.0K
Q4 23	-$72.0K	-$74.0K
Q1 24	-$896.0K	-$896.0K
Q2 24	-$86.0K	-$91.0K
Q3 24	$0	-$19.0K
Q4 24	$217.0K	$212.0K
Q1 25	$178.0K	$173.0K
Q2 25	-$372.0K	-$374.0K
Q3 25	-$565.0K	-$570.0K
Q4 25	-$345.0K	-$351.0K
Q1 26	-$39.0K	-$56.0K

Capital Expenditures

Quarter	CapEx
Q2 22	$12.0K
Q3 22	$91.0K
Q4 22	$28.0K
Q1 23	$6.0K
Q2 23	$10.0K
Q3 23	$7.0K
Q4 23	$2.0K
Q1 24	$0
Q2 24	$5.0K
Q3 24	$19.0K
Q4 24	$5.0K
Q1 25	$5.0K
Q2 25	$2.0K
Q3 25	$5.0K
Q4 25	$6.0K
Q1 26	$17.0K

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q2 22	+43.2%	+57.4%
Q3 22	+22.1%	+13.5%
Q4 22	+2.6%	-2.2%
Q1 23	-4.7%	-6.7%
Q2 23	-0.6%	+0.7%
Q3 23	-7.0%	-0.7%
Q4 23	-9.8%	+160.3%
Q1 24	-8.0%	-1.2%
Q2 24	-7.1%	-9.1%
Q3 24	+0.7%	-5.6%
Q4 24	+1.7%	-63.9%
Q1 25	+1.0%	-2.0%
Q2 25	+1.9%	+6.9%
Q3 25	-2.3%	+5.0%
Q4 25	+0.2%	+0.2%
Q1 26	+3.2%	-5.1%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q2 22	$52.0K	1.3%
Q3 22	$249.0K	5.9%
Q4 22	$114.0K	2.7%
Q1 23	$93.0K	2.3%
Q2 23	$84.0K	2.1%
Q3 23	$99.0K	2.5%
Q4 23	$295.0K	7.8%
Q1 24	$112.0K	3.0%
Q2 24	$182.0K	4.8%
Q3 24	$127.0K	3.2%
Q4 24	$137.0K	3.5%
Q1 25	$107.0K	2.8%
Q2 25	$107.0K	2.8%
Q3 25	$274.0K	7.1%
Q4 25	$94.0K	2.4%
Q1 26	$78.0K	2.0%

OpEx Breakdown

Quarter	R&D	G&A	S&M
Q2 22	$865.0K	$775.0K	$1M
Q3 22	$771.0K	$812.0K	$1M
Q4 22	$722.0K	$927.0K	$1M
Q1 23	$747.0K	$832.0K	$1M
Q2 23	$926.0K	$756.0K	$1M
Q3 23	$936.0K	$779.0K	$1M
Q4 23	$1M	$806.0K	$965.0K
Q1 24	$1M	$781.0K	$913.0K
Q2 24	$1M	$766.0K	$941.0K
Q3 24	$1M	$878.0K	$949.0K
Q4 24	$1M	$857.0K	$912.0K
Q1 25	$1M	$786.0K	$982.0K
Q2 25	$1M	$783.0K	$1M
Q3 25	$961.0K	$774.0K	$1M
Q4 25	$880.0K	$806.0K	$1M
Q1 26	$792.0K	$711.0K	$1M

Rule of 40

Quarter	Rev Growth %	EBITDA Margin %	Rule of 40
Q2 22	43.2%	-3.0%	40.2
Q3 22	22.1%	-0.7%	21.4
Q4 22	2.6%	-0.3%	2.3
Q1 23	-4.7%	0.5%	-4.2
Q2 23	-0.6%	-2.5%	-3.1
Q3 23	-7.0%	-6.7%	-13.7
Q4 23	-9.8%	-6.4%	-16.2
Q1 24	-8.0%	-6.0%	-14.1
Q2 24	-7.1%	-6.2%	-13.3
Q3 24	0.7%	-3.2%	-2.5
Q4 24	1.7%	-6.9%	-5.2
Q1 25	1.0%	-11.2%	-10.2
Q2 25	1.9%	-13.4%	-11.5
Q3 25	-2.3%	-12.5%	-14.8
Q4 25	0.2%	-13.1%	-12.9
Q1 26	3.2%	2.8%	6.0

Rule of 40

Revenue Segments

Quarter	Hosting	Maintenance	Service	Subscription and Circulation	Perpetual Licenses	Subscription
Q2 22	$233.0K	$120.0K	$811.0K	$3M	—	—
Q3 22	$207.0K	$129.0K	$812.0K	$3M	$36	—
Q4 22	$267.0K	$135.0K	$767.0K	$3M	$100	—
Q1 23	$261.0K	$136.0K	$854.0K	$3M	—	—
Q2 23	$258.0K	$146.0K	$821.0K	$3M	—	—
Q1 24	$256.0K	$124.0K	$669.0K	$3M	—	—
Q2 24	$248.0K	$110.0K	$794.0K	$3M	—	—
Q3 24	$242.0K	$105.0K	$923.0K	$3M	—	—
Q4 24	$252.0K	$98.0K	$838.0K	$3M	—	—
Q1 25	$301.0K	$110.0K	$743.0K	$3M	—	—
Q2 25	$330.0K	$98.0K	$823.0K	$3M	—	—
Q3 25	$445.0K	$104.0K	$724.0K	$3M	—	—
Q1 26	—	—	$758.0K	—	—	$3M

Revenue by Geography

Quarter	Non-US	United States
Q2 22	$996.0K	$3M
Q3 22	$881.0K	$3M
Q4 22	$814.0K	$3M
Q1 23	$788.0K	$3M
Q2 23	$763.0K	$3M
Q1 24	$658.0K	$3M
Q2 24	$605.0K	$3M
Q3 24	$701.0K	$3M
Q4 24	$570.0K	$3M
Q1 25	$599.0K	$3M
Q2 25	$625.0K	$3M

War Chest

Quarter	Cash	Short-term Investments	Total
Q2 22	$5M	$0	$5M
Q3 22	$4M	$0	$4M
Q4 22	$3M	$0	$3M
Q1 23	$3M	$0	$3M
Q2 23	$3M	$0	$3M
Q3 23	$3M	$0	$3M
Q4 23	$2M	$0	$2M
Q1 24	$1M	$0	$1M
Q2 24	$1M	$0	$1M
Q3 24	$1M	$0	$1M
Q4 24	$1M	$0	$1M
Q1 25	$1M	$0	$1M
Q2 25	$3M	$0	$3M
Q3 25	$2M	$0	$2M
Q4 25	$2M	$0	$2M
Q1 26	$1M	$0	$1M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q2 22	10M	-2.7%	+106.8%
Q3 22	10M	-0.7%	+72.9%
Q4 22	10M	+0.9%	+23.7%
Q1 23	10M	+0.6%	-1.8%
Q2 23	10M	-0.0%	+0.9%
Q3 23	10M	-0.1%	+1.4%
Q4 23	10M	0.0%	+0.5%
Q1 24	10M	0.0%	-0.1%
Q2 24	10M	+0.1%	-0.0%
Q3 24	10M	+0.0%	+0.1%
Q4 24	10M	-0.1%	0.0%
Q1 25	10M	0.0%	0.0%
Q2 25	11M	+0.9%	+0.7%
Q3 25	12M	+13.7%	+14.5%
Q4 25	12M	+2.3%	+17.3%
Q1 26	12M	-1.4%	+15.7%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q2 22	$68.6K	60
Q3 22	$70.1K	60
Q4 22	$70.2K	60
Q1 23	$68.0K	60
Q2 23	$68.2K	60
Q3 23	$65.2K	60
Q4 23	$69.1K	55
Q1 24	$68.3K	55
Q2 24	$69.2K	55
Q3 24	$71.6K	55
Q4 24	$70.2K	55
Q1 25	$68.9K	55
Q2 25	$70.5K	55
Q3 25	$69.9K	55
Q4 25	$96.8K	40
Q1 26	$97.8K	40

Revenue / Employee