📊 BLIN Key Takeaways
Is Bridgeline Digital, Inc. (BLIN) a Good Investment?
Bridgeline Digital is a structurally unprofitable software company with stagnant revenue growth and concerning liquidity metrics that threaten near-term viability. Despite a healthy gross margin of 65.2%, the company cannot control operating expenses, resulting in negative earnings and free cash flow burn that is depleting its limited cash runway.
Bridgeline Digital shows a decent software-style gross margin and very low leverage, but fundamentals remain weak because revenue is essentially flat, operating profitability is still negative, and free cash flow remains slightly negative. The balance sheet is not heavily indebted, yet sub-1.0 liquidity ratios and limited cash reduce financial flexibility and make the business vulnerable if growth or collections weaken.
Bridgeline Digital, Inc. Key Strengths (BLIN)
- High gross margin of 65.2% demonstrates strong product economics and pricing power
- Low debt burden (Debt/Equity: 0.02x) provides financial flexibility for restructuring without solvency concerns
- Positive stockholders equity of $9.2M provides a capital cushion
- Gross margin of 66.1% indicates solid underlying software economics
- Very low debt burden with debt-to-equity of 0.02x limits leverage risk
- Net loss and revenue trends have improved modestly year over year, suggesting some stabilization
BLIN Stock Risks: Bridgeline Digital, Inc. Investment Risks
- Negative operating margin of -7.6% and unprofitable operations with no clear path to profitability
- Current ratio of 0.67x signals liquidity stress and potential inability to meet near-term obligations
- Negative free cash flow of -103K combined with only $1.4M cash indicates limited runway given current burn rate
- Revenue growth of 0.2% YoY is stagnant and insufficient to drive future profitability scaling
- Current and quick ratios of 0.71x indicate tight near-term liquidity
- Operating margin is still negative and operating cash flow remains below break-even
- Revenue growth of only 0.2% suggests weak growth quality and limited operating leverage
Key Metrics to Watch
- Quarterly operating cash flow trend - must stabilize and return to positive within 2-3 quarters
- Revenue growth rate acceleration - need YoY growth >10% to support profitability thesis
- Operating expense reduction and margin expansion - SG&A ratio relative to revenue
- Cash balance trajectory - monthly burn rate and remaining runway in months
- Sustainable positive operating cash flow and free cash flow
- Revenue growth acceleration alongside improvement in operating margin
Bridgeline Digital, Inc. (BLIN) Financial Metrics & Key Ratios
💡 AI Analyst Insight
The current ratio below 1.0x warrants monitoring of short-term liquidity.
BLIN Profit Margin, ROE & Profitability Analysis
BLIN vs Technology Sector: How Bridgeline Digital, Inc. Compares
How Bridgeline Digital, Inc. compares to Technology sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is Bridgeline Digital, Inc. Stock Overvalued? BLIN Valuation Analysis 2026
Based on fundamental analysis, Bridgeline Digital, Inc. has mixed fundamental signals relative to the Technology sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
Bridgeline Digital, Inc. Balance Sheet: BLIN Debt, Cash & Liquidity
BLIN Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: Bridgeline Digital, Inc.'s revenue has grown significantly by 16% over the 5-year period, indicating strong business expansion. The most recent EPS of $-0.19 indicates the company is currently unprofitable.
BLIN Revenue Growth, EPS Growth & YoY Performance
BLIN Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q2 2026 | $3.9M | -$86.0K | $-0.04 |
| Q1 2026 | $3.8M | -$86.0K | $-0.01 |
| Q3 2025 | $3.8M | -$305.0K | $-0.03 |
| Q2 2025 | $3.8M | -$602.0K | $-0.06 |
| Q1 2025 | $3.8M | -$622.0K | $-0.06 |
| Q3 2024 | $3.9M | -$80.0K | $-0.03 |
| Q2 2024 | $3.8M | -$80.0K | $-0.05 |
| Q1 2024 | $3.8M | -$80.0K | $-0.01 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
Bridgeline Digital, Inc. Dividends, Buybacks & Capital Allocation
BLIN SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for Bridgeline Digital, Inc. (CIK: 0001378590)
📋 Recent SEC Filings
❓ Frequently Asked Questions about BLIN
What is the AI rating for BLIN?
Bridgeline Digital, Inc. (BLIN) has a Combined AI Grade of C from Claude (C) and ChatGPT (C) with 76% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are BLIN's key strengths?
Claude: High gross margin of 65.2% demonstrates strong product economics and pricing power. Low debt burden (Debt/Equity: 0.02x) provides financial flexibility for restructuring without solvency concerns. ChatGPT: Gross margin of 66.1% indicates solid underlying software economics. Very low debt burden with debt-to-equity of 0.02x limits leverage risk.
What are the risks of investing in BLIN?
Claude: Negative operating margin of -7.6% and unprofitable operations with no clear path to profitability. Current ratio of 0.67x signals liquidity stress and potential inability to meet near-term obligations. ChatGPT: Current and quick ratios of 0.71x indicate tight near-term liquidity. Operating margin is still negative and operating cash flow remains below break-even.
What is BLIN's revenue and growth?
Bridgeline Digital, Inc. reported revenue of $7.8M.
Does BLIN pay dividends?
Bridgeline Digital, Inc. does not currently pay dividends.
Where can I find BLIN SEC filings?
Official SEC filings for Bridgeline Digital, Inc. (CIK: 0001378590) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is BLIN's EPS?
Bridgeline Digital, Inc. has a diluted EPS of $-0.04.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.
What is BLIN's fundamental grade?
Based on our AI fundamental analysis in June 2026, Bridgeline Digital, Inc. has a C grade with 76% confidence. Review the strengths and risks sections above for full context. This is not investment advice.
Is BLIN stock overvalued or undervalued?
Valuation metrics for BLIN: ROE of -5.6% (sector avg: 22%), net margin of -6.6% (sector avg: 18%). Compare these metrics with sector averages to assess valuation.
What is BLIN's AI grade for 2026?
Our dual AI analysis gives Bridgeline Digital, Inc. a combined C grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is BLIN's free cash flow?
Bridgeline Digital, Inc.'s operating cash flow is $-79.0K, with capital expenditures of $24.0K. FCF margin is -1.3%.
How does BLIN compare to other Technology stocks?
Vs Technology sector averages: Net margin -6.6% (avg: 18%), ROE -5.6% (avg: 22%), current ratio 0.67 (avg: 2.5).