“B idgeli e delive ed a othe eco d qua te fo ew logo sales i additio to existi g HawkSea ch custome s fu the expa di g thei i vestme t i ou AI-powe ed p oduct discove y solutio s,” said A i Kah , B idgeli e’s P eside t a d Chief Executive Office . “Co e p oduct eve ue had 13% g owth i the t aili g 12 mo ths a d ow accou ts fo 62% of total eve ue a d 66% of subsc iptio eve ue.”
Total eve ue, comp ised of SaaS Subsc iptio a d Se vices eve ue, was $3.9M fo the qua te e ded Ju e 30, 2026, a i c ease f om the p io qua te a d the p io yea compa able qua te .
Co e eve ue fo the 9 mo ths e ded Ju e 30, 2026 was $7.1M, a i c ease f om $6.3M i the p io yea compa able pe iod.
I the thi d qua te of fiscal yea 2026, B idgeli e delive ed a eco d-tyi g ew logo qua te with 9 ew custome wi s a d 10 sales i to the existi g custome -base fo 19 subsc iptio co t acts totali g $1,700,000 i total co t act value a d mo e tha $370,000 i A ual Recu i g Reve ue (“ARR”).
The followi g i ovatio s we e made i the HawkSea ch p oduct suite:
HawkSea ch Ra ked #1 fo B2B Sea ch i Ga t e C itical Capabilities Repo t HawkSea ch was a ked #1 fo the B2B Sea ch use case i Ga t e ‘s C itical Capabilities fo Sea ch a d P oduct Discove y 2026 epo t fo the seco d co secutive yea , validati g the platfo m’s st e gth i suppo ti g complex B2B comme ce e vi o me ts with la ge p oduct catalogs, adva ced me cha disi g, a d AI-powe ed p oduct discove y.
Accele atio of Co ve satio al Comme ce a d AI Sea ch Age ts B idgeli e co ti ued adva ci g its Hawk AI Shoppi g Age t a d co ve satio al comme ce oadmap. The platfo m ow combi es co ve satio al sea ch, Sma t Respo se, ge e ative a swe s, me cha disi g co t ols, a alytics, a d custome -specific busi ess ules to suppo t i tellige t p oduct discove y a d buyi g expe ie ces ac oss B2B a d B2C comme ce e vi o me ts.
Expa ded Au a AI Age t f amewo k B idgeli e expa ded its Au a AI Age t Platfo m, exte di g i tellige t buyi g expe ie ces beyo d sea ch to suppo t p oduct discove y, o de histo y, p ici g, e titleme ts, a d comme ce wo kflows. Au a powe s the compa y’s g owi g po tfolio of Hawk AI Age ts, c eati g ew oppo tu ities fo custome e gageme t a d digital self-se vice.Hawk AI Age ts Gai Comme cial T actio B idgeli e expa ded adoptio of its Hawk AI Age ts, with multiple custome sales a d a g owi g pipeli e fo Shoppi g Assista t, A alytics Assista t, a d AI-powe ed comme ce oppo tu ities.
A U.S.-based wholesale dist ibuto of pet, fa m a d ga de , a d home p oducts selected HawkSea ch fo its BigComme ce eComme ce platfo m followi g a 14-day sales cycle, suppo ti g app oximately 25,500 p oducts a d va ia ts a d mo e tha 450,000 mo thly sessio s.
A leadi g home a d ga de supplie lau ched the fi st two of five co t acted HawkSea ch deployme ts ac oss its B2B a d di ect-to-co sume eComme ce po tfolio, cove i g app oximately 80,000 SKUs, with th ee additio al deployme ts scheduled.
A plumbi g a d heati g dist ibuto adopted HawkSea ch o its U ilog eComme ce platfo m fo a catalog spa i g mo e tha o e millio SKUs ac oss multiple p oduct catego ies, ma ki g the fi st custome secu ed th ough B idgeli e’s pa t e ship with Impaqx.
A global tech ology ma ufactu e lau ched HawkSea ch ac oss its co po ate co te t a d ca ee s expe ie ce i 10 la guages, demo st ati g the platfo m’s ability to suppo t multili gual sea ch a d global audie ces.
Total eve ue, which is comp ised of SaaS Subsc iptio a d Se vices eve ue, was $3.9 millio fo the qua te e ded Ju e 30, 2026, as compa ed to $3.8 millio fo the same pe iod last yea .
Subsc iptio eve ue, which is comp ised of SaaS lice ses, mai te a ce a d hosti g eve ue, was $3.1 millio fo the qua te e ded Ju e 30, 2026, as compa ed to $3.1 millio fo the same pe iod last yea . As a pe ce tage of total eve ue, Subsc iptio eve ue was 79% of total eve ue fo the qua te e ded Ju e 30, 2026, as compa ed to 81% fo the same pe iod last yea .
Se vices eve ue was $0.8 millio fo the qua te e ded Ju e 30, 2026, as compa ed to $0.7 millio fo the same pe iod last yea . As a pe ce tage of total eve ue, Se vices eve ue accou ted fo 21% of total eve ue fo the qua te e ded Ju e 30, 2026, as compa ed to 19% fo the same pe iod last yea .
Cost of eve ue was $1.4 millio fo the qua te e ded Ju e 30, 2026, as compa ed to $1.3 millio fo the same pe iod last yea .
G oss p ofit was $2.5 millio fo the qua te e ded Ju e 30, 2026, as compa ed to $2.5 millio fo the same pe iod last yea .
G oss ma gi was 64% fo the qua te e ded Ju e 30, 2026, as compa ed to 66% fo the same pe iod last yea . Subsc iptio g oss ma gi was 69% fo th ee mo ths e ded Ju e 30, 2026, as compa ed to 70% fo the same pe iod last yea . Se vices g oss ma gi was 47% fo the th ee mo ths e ded Ju e 30, 2026, as compa ed to 50% fo the same pe iod last yea .
Ope ati g expe ses we e $3.0 millio fo the qua te e ded Ju e 30, 2026, as compa ed to $3.2 millio fo the same pe iod last yea .
Ope ati g loss fo the qua te e ded Ju e 30, 2026 was $0.5 millio , as compa ed to $0.7 millio fo the same pe iod last yea .
Net loss fo the qua te e ded Ju e 30, 2026, was $0.5 millio , as compa ed to a et loss of $0.8 millio fo the same pe iod last yea .
Total eve ue, which is comp ised of SaaS Subsc iptio a d Se vices eve ue, was $11.8 millio fo the 9 mo ths e ded Ju e 30, 2026, as compa ed to $11.5 millio fo the same pe iod last yea .
Subsc iptio eve ue, which is comp ised of SaaS lice ses, mai te a ce a d hosti g eve ue was $9.4 millio fo the 9 mo ths e ded Ju e 30, 2026, as compa ed to $9.2 millio fo the same pe iod last yea . As a pe ce tage of total eve ue, Subsc iptio eve ue was 80% of total eve ue fo the 9 mo ths e ded Ju e 30, 2026, co siste t with 80% fo the same pe iod last yea .
Se vices eve ue was $2.4 millio fo the 9 mo ths e ded Ju e 30, 2026, as compa ed to $2.3 millio fo the same pe iod last yea . As a pe ce tage of total eve ue, Se vices eve ue accou ted fo 20% of total eve ue fo the 9 mo ths e ded Ju e 30, 2026, co siste t with to 20% fo the same pe iod last yea .
Cost of eve ue was $4.1 millio fo the 9 mo ths e ded Ju e 30, 2026, as compa ed to $3.8 millio fo the same pe iod last yea .
G oss p ofit was $7.6 millio fo the 9 mo ths e ded Ju e 30, 2026, as compa ed to $7.7 millio fo the same pe iod last yea .
G oss ma gi was 65% fo the 9 mo ths e ded Ju e 30, 2026, as compa ed to 67% fo the same pe iod last yea . Subsc iptio g oss ma gi was 69% fo the 9 mo ths e ded Ju e 30, 2026, as compa ed to 71% fo the same pe iod last yea . Se vices g oss ma gi was 50% fo the 9 mo ths e ded Ju e 30, 2026, as compa ed to 51% fo the same pe iod last yea .
Ope ati g expe ses we e $8.7 millio fo the 9 mo ths e ded Ju e 30, 2026, as compa ed to $9.6 millio fo the same pe iod last yea .
Ope ati g loss fo the 9 mo ths e ded Ju e 30, 2026, was $1.1 millio , as compa ed to a ope ati g loss of $1.9 millio fo the same pe iod last yea .
Net loss fo the 9 mo ths e ded Ju e 30, 2026, was $1.0 millio , as compa ed to a et loss of $2.2 millio fo the same pe iod last yea .
B idgeli e Digital, I c. will hold a co fe e ce call today, Thu sday, August 13, 2026, at 4:30 p.m. Easte Time to discuss these esults. The Compa y’s P eside t a d Chief Executive Office , A i Kah , a d Chief Fi a cial Office , Thomas Wi dhause , will host the call, followed by a questio -a d-a swe pe iod. The details of the co fe e ce call webcast a d eplay a e as follows:
This p ess elease co tai s efe e ces to Adjusted EBITDA, a No -GAAP fi a cial measu e.
Adjusted EBITDA is defi ed as ea i gs befo e i te est, taxes, dep eciatio , amo tizatio , stock-based compe satio expe se, impai me t of goodwill a d i ta gible assets, o -cash wa a t elated i come/expe se, cha ges i fai value of co ti ge t co side atio , est uctu i g a d acquisitio – elated costs, amo tizatio of debt discou ts, p efe ed stock divide ds a d a y elated tax effects. B idgeli e uses Adjusted EBITDA as a suppleme tal measu e of ou pe fo ma ce that is ot equi ed by, o p ese ted i acco da ce with, accou ti g p i ciples ge e ally accepted i the U ited States (“GAAP”).
B idgeli e’s ma ageme t does ot co side No -GAAP measu es i isolatio o as a alte ative to fi a cial measu es dete mi ed i acco da ce with GAAP. The p i cipal limitatio of No -GAAP fi a cial measu es is that they exclude sig ifica t expe ses a d i come that a e equi ed by GAAP to be eco ded i the Compa y’s fi a cial stateme ts. I additio , they a e subject to i he e t limitatio s as they eflect the exe cise of judgme ts by ma ageme t about which expe ses a d i come a e excluded o i cluded i dete mi i g these No -GAAP fi a cial measu es. To compe sate fo these limitatio s, B idgeli e ma ageme t p ese ts No -GAAP fi a cial measu es i co ectio with GAAP esults. B idgeli e u ges i vesto s to eview the eco ciliatio of its No -GAAP fi a cial measu e to the compa able GAAP fi a cial measu e, which is i cluded i this p ess elease, a d ot to ely o a y si gle fi a cial measu e to evaluate B idgeli e’s fi a cial pe fo ma ce.
Ou defi itio of No -GAAP Adjusted EBITDA may diffe f om a d the efo e may ot be compa able with simila ly titled measu es used by othe compa ies, the eby limiti g its useful ess as a compa ative measu e. As a esult of the limitatio s that Adjusted EBITDA has as a a alytical tool, i vesto s should ot co side it i isolatio , o as a substitute fo a alysis of ou ope ati g esults as epo ted u de GAAP.
Co e P oduct eve ue i cludes all subsc iptio lice se a d se vices eve ue f om HawkSea ch, WooRa k lice ses fo HawkSea ch custome s, a d AccessiBe.
Net Reve ue Rete tio (“NRR”) is measu ed as the cu e t pe iod t aili g twelve mo ths Mo thly Recu i g Reve ue (“MRR”), i cludi g C oss Sales a d Net Re ewal (expa sio less co t actio ) MRR, all divided by t aili g twelve mo ths MRR fo the p evious pe iod t aili g twelve mo ths.
All stateme ts i cluded i this p ess elease, othe tha stateme ts o cha acte izatio s of histo ical fact, a e fo wa d-looki g stateme ts. These “fo wa d-looki g stateme ts” withi the mea i g of the P ivate Secu ities Litigatio Refo m Act of 1995, a e based o ou cu e t expectatio s, estimates a d p ojectio s about ou i dust y, ma ageme t’s beliefs, a d ce tai assumptio s made by us, all of which a e subject to cha ge. Fo wa d-looki g stateme ts ca ofte be ide tified by wo ds such as “a ticipates,” “expects,” “i te ds,” “pla s,” “p edicts,” “believes,” “seeks,” “estimates,” “may,” “will,” “should,” “would,” “could,” “pote tial,” “co ti ue,” “o goi g,” simila exp essio s, a d va iatio s o egatives of these wo ds. These stateme ts appea i a umbe of places a d i clude stateme ts ega di g the i te t, belief o cu e t expectatio s of B idgeli e Digital, I c. These fo wa d-looki g stateme ts a e ot gua a tees of futu e esults a d a e subject to isks, u ce tai ties a d assumptio s, i cludi g, but ot limited to, busi ess ope atio s a d the busi ess of ou custome s, supplie s a d pa t e s; ou ability to etai a d upg ade cu e t custome s, i c easi g ou ecu i g eve ue, ou ability to att act ew custome s, ou eve ue g owth ate; ou histo y of et loss a d ou ability to achieve o mai tai p ofitability, i stability i the fi a cial ma kets, i cludi g the ba ki g secto ; ou liability fo a y u autho ized access to ou data o ou use s’ co te t, i cludi g th ough p ivacy a d data secu ity b eaches; a y decli e i dema d fo ou platfo m o p oducts; cha ges i the i te ope ability of ou platfo m ac oss devices, ope ati g systems, a d thi d pa ty applicatio s that we do ot co t ol; competitio i ou ma kets; ou ability to espo d to apid tech ological cha ges, exte d ou platfo m, develop ew featu es o p oducts, o gai ma ket accepta ce fo such ew featu es o p oducts, pa ticula ly i light of pote tial dis uptio s to the p oductivity of ou employees esulti g f om emote wo k; ou ability to ma age ou g owth o pla fo futu e g owth, a d ou acquisitio of othe busi esses a d the pote tial of such acquisitio s to equi e sig ifica t ma ageme t atte tio , dis upt ou busi ess, o dilute stockholde value; the volatility of the ma ket p ice of ou commo stock, the ability to mai tai ou listi g o the NASDAQ Capital Ma ket; o ou ability to mai tai a effective system of i te al co t ols as well as othe isks desc ibed i ou fili gs with the Secu ities a d Excha ge Commissio . A y of such isks could cause ou actual esults to diffe mate ially a d adve sely f om those exp essed i a y fo wa d-looki g stateme t. B idgeli e Digital, I c. assumes o obligatio to, a d does ot cu e tly i te d to, update a y such fo wa d-looki g stateme ts afte the date of this elease, except as equi ed by applicable law.
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B idgeli e Digital, I c.Thomas Wi dhause Chief Fi a cial Office
