10-Q · May 14, 2026
Bridgeline Digital's Q2 fiscal 2026 showed stagnation in revenue with a total of $3.9 million, unchanged from the previous year, alongside an increase in net loss to $(0.4) million from $(0.3) million in Q2 fiscal 2025.…
Earnings analysis · 10-Q
BLIN earnings analysis
Filed August 13, 2026 · Our reading of the company's report
The latest report
Bridgeline Digital reported third-quarter revenue of $3.922 million and a diluted EPS loss of $0.04. Revenue declined approximately 2.0% from both the prior quarter and 2025 Q3, and missed the $4.7 million estimate by…
Read full summary
Bridgeline Digital reported third-quarter revenue of $3.922 million and a diluted EPS loss of $0.04. Revenue declined approximately 2.0% from both the prior quarter and 2025 Q3, and missed the $4.7 million estimate by approximately 16.6%; EPS also missed the $0.01 estimate. The 10-Q provides no quantitative outlook, and the filing states that no material risk-factor changes occurred versus the September 30, 2025 Form 10-K.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $-0.04
What stood out
-
Revenue Remained Near $4 Million
Third-quarter revenue was $3.922 million, down approximately 2.0% from $4.0 million in the prior quarter and roughly 2.0% below the $4.0 million reported in 2025 Q3.
-
EPS Improved Year Over Year
Diluted EPS was a loss of $0.04, unchanged from 2026 Q2 but improved from the $0.07 loss in 2025 Q3.
-
Revenue and EPS Missed Estimates
Revenue missed the $4.7 million estimate by $0.778 million, or approximately 16.6%, while the $0.04 EPS loss was $0.03 worse than the estimated $0.01 loss.
-
No Defaults or Unregistered Sales Reported
The filing reports no unregistered sales of equity securities and no defaults upon senior securities during the reported period.
What to watch
-
Continuing Losses and Revenue Miss
The company continues to report losses, with diluted EPS of negative $0.04 in the current quarter, following a negative $0.04 in 2026 Q2. Revenue of $3.922 million was also below the $4.7 million estimate, highlighting execution and demand risk.
-
Potential Equity Financing Dilution
A Common Stock Sales Agreement dated July 14, 2026 was entered into with WestPark Capital, Inc.; the 10-Q does not disclose the offering size, creating potential equity-financing and dilution uncertainty.
-
Prior 10-K Risks Remain Applicable
Item 1A states that there have been no material changes to the risk factors in the September 30, 2025 Form 10-K, so previously disclosed risks remain applicable.
Management's outlook
No quantitative revenue or EPS outlook was provided in the 10-Q. The filing states there were no material changes to the risk factors from the September 30, 2025 Form 10-K.
Earlier filings 4
10-Q · February 12, 2026
Bridgeline reported Q1 fiscal 2026 revenue of $3,913,000, up $122,000 (+3.2%) year-over-year but down modestly vs. the prior quarter. Gross margin remained roughly stable at ~66.1% while operating loss narrowed to…
10-Q · May 15, 2025
Bridgeline Digital reported quarter net revenue of $3,875,000 (up $71,000 vs. $3,804,000 in the prior-year quarter) but widened its operating loss to $745,000 and GAAP diluted loss per share to $(0.10). The company…
10-Q · February 14, 2025
Bridgeline Digital reported steady revenue of $3.791 million for Q1 2025, maintaining the same level as the previous quarters. Management pointed out strategic cost control measures contributing to a reduced operating…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.