📊 BLIN Key Takeaways
Is Bridgeline Digital, Inc. (BLIN) a Good Investment?
Bridgeline Digital faces structural profitability challenges with negative operating margins and negative free cash flow despite maintaining a healthy 66% gross margin, indicating operational inefficiency. The company's liquidity position is severely stressed with a current ratio of 0.71x and minimal cash generation, while revenue growth of just 0.2% YoY demonstrates a stagnant market position with limited momentum.
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.
Why Buy Bridgeline Digital, Inc. Stock? BLIN Key Strengths
- Strong gross margin of 66.1% indicates healthy underlying product economics and pricing power
- Conservative capital structure with low debt-to-equity ratio of 0.02x provides financial flexibility
- Positive stockholders' equity of 9.6M provides some cushion against further losses
- 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 cash flow of -39K combined with -46K free cash flow indicates the company is burning cash and not self-sustaining
- Current ratio of 0.71x signals acute liquidity stress and potential difficulty meeting short-term obligations
- Stagnant revenue growth of 0.2% YoY paired with operating losses suggests competitive pressure and inability to achieve profitable scale
- Negative operating margins of -4.4% with deteriorating EPS indicate fundamental business model challenges beyond temporary headwinds
- 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
- Operating cash flow trend - must turn positive for viability
- Revenue growth acceleration - 0.2% is insufficient; need >5% to justify turnaround narrative
- Operating margin improvement - pathway to profitability is critical
- Cash burn rate and runway - monitor quarterly cash depletion relative to 1.5M cash balance
- Customer retention and customer acquisition costs - determine if gross margin sustainability is at risk
- 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 |
|---|---|---|---|
| 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 |
| Q3 2023 | $3.9M | -$80.0K | $0.04 |
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 Rating of SELL from Claude (SELL) and ChatGPT (SELL) with 79% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are BLIN's key strengths?
Claude: Strong gross margin of 66.1% indicates healthy underlying product economics and pricing power. Conservative capital structure with low debt-to-equity ratio of 0.02x provides financial flexibility. 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 cash flow of -39K combined with -46K free cash flow indicates the company is burning cash and not self-sustaining. Current ratio of 0.71x signals acute liquidity stress and potential difficulty meeting short-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 $3.9M.
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 $-0.01.
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 rating reflects both perspectives for balanced insights.
Is BLIN a good stock to buy right now?
Based on our AI fundamental analysis in April 2026, Bridgeline Digital, Inc. has a SELL rating with 79% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.
Is BLIN stock overvalued or undervalued?
Valuation metrics for BLIN: ROE of -0.9% (sector avg: 22%), net margin of -2.2% (sector avg: 18%). Compare these metrics with sector averages to assess valuation.
Should I buy BLIN stock in 2026?
Our dual AI analysis gives Bridgeline Digital, Inc. a combined SELL rating 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 $-39.0K, with capital expenditures of $7.0K. FCF margin is -1.2%.
How does BLIN compare to other Technology stocks?
Vs Technology sector averages: Net margin -2.2% (avg: 18%), ROE -0.9% (avg: 22%), current ratio 0.71 (avg: 2.5).