Delisting riskPopularity #4,928
BLIN · NASDAQ · Software - Infrastructure

Bridgeline Digital (BLIN)

Builds e-commerce search, SEO, and digital-experience software.

$0.8652
vs last close+0.02 (+2.39%)
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Bridgeline Digital, Inc.BLIN
Information Technology

Sells e-commerce search, product-discovery, SEO, and digital-experience software through SaaS, hosting, licenses, and services. Operates as a single Software segment, with Core HawkSearch-related products growing while legacy-product revenue declines.

Combines HawkSearch and Celebros site search, recommendations, personalization, merchandising, and product discovery with WooRank SEO, Unbound and TruPresence content and e-commerce tools, and Salesforce-native OrchestraCMS.

Sells SaaS and managed-hosting subscriptions, perpetual licenses, and implementation services to retailers, distributors, franchises, financial institutions, associations, and other enterprises. The United States is the clear majority geography, supported by field-office coverage and subsidiaries abroad.

Operates as one Software segment in a fragmented market that includes larger vendors and customers' internally built applications. Renewals, cross-selling and legacy-to-Core migrations, Amazon Web Services hosting, third-party AI models, data security, and external-capital access remain operating dependencies.

Company facts

CEORoger “Ari” Kahn
ListedJun 29, 2007
ExchangeNASDAQ
HeadquartersWoburn, MA
CountryUnited States
Employees40
CIK0001378590
ISINUS10807Q7007

Market cap$10.6M
EPS (ttm)−$0.1129
P/E (ttm)−7.48
ROE-14.5%
P/B1.20
P/S0.6815
Dividend yieldDiv yield
Beta1.07vs XLK 0.39

No analyst consensus on record.

EPSReportedEstimate

Dec '24Feb '25May '25Aug '25Dec '25Feb '26May '26Aug '26
Reported−$0.04−$0.06−$0.10−$0.07−$0.03−$0.01−$0.04−$0.04
Estimate−$0.05−$0.05−$0.04−$0.05−$0.06−$0.01−$0.01−$0.02
Surprise+20.0%−20.0%−150.0%−40.0%+50.0%0.0%−300.0%−100.0%

RevenueReportedEstimate

Dec '24Feb '25May '25Aug '25Dec '25Feb '26May '26Aug '26
Reported$3.9M$3.8M$3.9M$3.8M$3.9M$3.9M$3.9M$3.9M
Estimate$3.9M$3.9M$3.9M$4.0M$4.0M$4.3M$4.6M$4.7M
Surprise−0.1%−2.8%−1.3%−3.1%−2.0%−9.3%−13.9%−16.6%
Estimate−$0.02
Reported−$0.04−100.0%
Estimate$4.7M
Reported$3.9M−16.6%
View details

Debt to equity9.90%
Current ratio61.10%

ProfitabilityRevenueNet incomeNet margin

Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26
Revenue$3.9M$3.8M$3.9M$3.8M$3.9M$3.9M$3.9M$3.9M
Net income−$432.0K−$634.0K−$730.0K−$789.0K−$365.0K−$86.0K−$432.0K−$468.0K
Net margin0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%

GrowthOperating income

Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26
Operating income−$482.0K−$511.0K−$745.0K−$689.0K−$482.0K−$171.0K−$367.0K−$470.0K
YoY growthLoss narrowedLoss narrowedLoss widenedLoss widenedLoss narrowedLoss narrowedLoss narrowed

Balance sheet, Jun 30, 2026Cash & short-term investments $1.5M · Total debt $882.0K · Total assets $15.3M · Shareholders' equity $8.9M

Revenue
$3.9M
Operating income
−$470.0K
Net income
−$468.0K
View details

No dividends on record.

Institutions12.78%1.61M shares
15 holders · as of Jun 30, 2026
Insiders39.04%4.92M shares
7 holders · as of Mar 16, 2026
Other48.18%6.07M shares
remainder

12.60M company shares as of Sep 23, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Roger E. Kahn1,2Insiderdirector, 10 percent owner, officer: President and CEO
21.54%2.65Mfiled Mar 11, 2026
Bard Associates IncInstitution
8.18%1.03Mas of Jun 30, 2026
Per A. JacobsenInsider
6.71%845,000filed Nov 25, 2024
Roger “Ari” KahnInsider
5.90%743,892filed Aug 30, 2022
The Vanguard GroupInstitution
4.21%529,971filed Feb 13, 2024
  1. Roger E. Kahn's transaction reports restate only vehicles that traded; the 2026 ownership statement (2.65M) plus the 64.3K net shares acquired since is used instead.
  2. Roger E. Kahn reports a block also reported by Waddell & Reed Investment Management Company; it is counted once, under Waddell & Reed Investment Management Company.

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Mar 10, 2026Roger E. Kahndirector, 10 percent owner, officer: President and CEO+10,000$0.9300
Mar 2, 2026Michael Ketslakhdirector+2,487$0.8500
Mar 3, 2026Michael Ketslakhdirector+4,472$0.8500
Feb 24, 2026Michael Ketslakhdirector+2,394$0.8500
Feb 25, 2026Michael Ketslakhdirector+10,647$0.8500
View details

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Compare

CompanyPriceChange
Bridgeline Digital$0.8652+2.39%$10.6M10.80.7+2.0%
Shopify$142.45−3.58%$191.72B99.267.714.4+32.0%
Adobe$240.63+1.00%$94.70B13.39.03.6+12.9%
Salesforce$239.53+2.68%$191.06B21.316.34.3+10.8%
Yext$6.40+0.39%$638.6M32.78.41.4−1.8%
Median27.012.64.0+11.9%