Delisting risk
BLIN · NASDAQ · Software - Infrastructure

Bridgeline Digital (BLIN)

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

$0.9800
At close+0.01 (+0.52%)
Loading prices…

Bridgeline Digital, Inc.BLINInformation 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$12.3M
EPS (ttm)−$0.1129
P/E (ttm)−8.68
ROE-14.5%
P/B1.34
P/S0.7904
Dividend yieldDiv yield
Beta1.09vs XLK 0.42

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$3.9M$4.0M$4.3M$4.6M$4.7M
Surprise−0.1%−2.8%−1.3%−1.8%−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 growth

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.

Institutions17 holders · as of Mar 31, 202613.64%1.72M shares
Insiders8 holders · as of Mar 16, 202639.70%5.00M shares
Otherremainder46.66%5.88M shares

12.60M company shares as of Sep 3, 2026 · institutions as of Mar 31, 2026 · holders as of their latest filing

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesEvidence
Roger E. Kahn1,2Insiderdirector, 10 percent owner, officer: President and CEO
21.54%2.65M13Dfiled Mar 11, 2026
Bard Associates IncInstitution
8.55%1.08M13Fas of Mar 31, 2026
Per A. JacobsenInsider
6.71%845,00013Gfiled Nov 25, 2024
Roger “Ari” KahnInsider
5.90%743,89213Dfiled Aug 30, 2022
The Vanguard GroupInstitution
4.21%529,97113D/Gfiled Feb 13, 2024
See all 25
  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 another filer; it is counted once, under that filer.

13F — a manager's quarterly holdings · 13D/13G — an ownership statement filed at 5% or more

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

  • Shopify

    Native commerce search and recommendations for Shopify merchants.

  • Adobe

    SEO, CMS, and commerce experience stack after Semrush acquisition.

  • Salesforce

    Salesforce-native content and commerce experiences with product discovery.

  • Yext

    Digital presence and local SEO for multi-location organizations.

Compare

CompanyPriceChange
Bridgeline Digital$0.9800+0.52%$12.3M12.30.8+2.0%
Shopify$142.87+0.69%$184.10B95.267.813.9+32.0%
Adobe$283.63+1.39%$111.22B16.010.84.4+12.7%
Salesforce$261.42+1.74%$210.43B23.417.64.8+10.8%
Yext$6.42−1.98%$656.6M33.68.61.5−1.8%
Median28.514.24.6+11.8%