Bridgeline Digital reported total revenue of $3.9 million for the third quarter of fiscal 2026, a slight increase from $3.8 million in the prior year. The results were driven by continued momentum in the company's AI-powered "Core" product suite, which now represents 62% of total revenue. While the company remains in a loss position, it narrowed its quarterly net loss to $0.5 million compared to $0.8 million in the same period last year.
Key Highlights
- Core product revenue grew 13% over the trailing 12 months, reaching $2.4 million for the quarter.
- New sales activity included 19 subscription contracts totaling $1.7 million in total contract value and $370,000 in Annual Recurring Revenue (ARR).
- Core Net Revenue Retention (NRR) remained strong at 106%, reflecting successful expansion and retention within the HawkSearch and AI agent customer base.