Bridgeline Digital, Inc. (NASDAQ: BLIN) reported third-quarter 2026 revenue of $3.9 million, up 2% from a year earlier, but still below Wall Street expectations of $4.8 million. Gross profit came in at $2.5 million, essentially flat year over year, as higher sales costs weighed on results.
The company remained in the red, with an operating loss of $470,000 and a net loss attributable to common shareholders of $468,000. Diluted earnings per share were ($0.04), compared with a smaller loss a year earlier.
Cash generation also softened. Bridgeline produced $155,000 in operating cash flow and ended the quarter with $1.5 million in cash and cash equivalents, while total liabilities stood at $6.4 million. Shares fell 6.19% after the close following the report.
- Revenue: $3.9 million
- Gross profit: $2.5 million
- Operating loss: $470,000
- Net loss: $468,000
- Cash and cash equivalents: $1.5 million
Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.
Bridgeline Digital, Inc. Insider Trading Activity
Bridgeline Digital, Inc. insiders have traded $BLIN stock on the open market 8 times in the past 6 months. Of those trades, 8 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $BLIN stock by insiders over the last 6 months:
- ROGER E. KAHN (President and CEO) has made 3 purchases buying 54,301 shares for an estimated $42,205 and 0 sales.
- MICHAEL KETSLAKH has made 5 purchases buying 21,353 shares for an estimated $18,150 and 0 sales.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
Bridgeline Digital, Inc. Hedge Fund Activity
We have seen 2 institutional investors add shares of Bridgeline Digital, Inc. stock to their portfolio, and 13 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- CITADEL ADVISORS LLC removed 61,753 shares (-52.4%) from their portfolio in Q1 2026, for an estimated $49,217
- DRW SECURITIES, LLC removed 54,438 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $43,387
- BARD ASSOCIATES INC removed 47,503 shares (-4.4%) from their portfolio in Q2 2026, for an estimated $55,103
- VIRTU FINANCIAL LLC removed 12,278 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $9,785
- SUSQUEHANNA INTERNATIONAL GROUP, LLP removed 8,067 shares (-25.9%) from their portfolio in Q1 2026, for an estimated $6,429
- LPL FINANCIAL LLC added 3,000 shares (+15.8%) to their portfolio in Q2 2026, for an estimated $3,479
- XTX TOPCO LTD removed 2,551 shares (-9.7%) from their portfolio in Q1 2026, for an estimated $2,033
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
