Ludwig Enterprises (LUDG) Operating Expenses (2023 - 2026)
Ludwig Enterprises (LUDG) posted Operating Expenses of $564,979 for Q1 2026, up 7.6% from $524,921 a year earlier and up 93.0% from the prior quarter.
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Analysis
Ludwig Enterprises (LUDG) Operating Expenses (2023 - 2026) Analysis & Trends
For the trailing twelve months through Mar 31, 2026, Operating Expenses at Ludwig Enterprises was $1.81 million, up 24.5% year-over-year; for FY2025, it was $1.77 million, up 36.7% from FY2024.
- In prior years, Ludwig Enterprises' Operating Expenses was $1.3 million in FY2024 (-5.6%) and $1.38 million in FY2023.
- Quarterly Operating Expenses has run from a low of $101,725 in Q4 2023 to a high of $585,622 in Q2 2025 over five years.
- On a year-over-year basis, Operating Expenses has increased in each of the last eight quarters, with growth averaging 52.4% over the last eight quarters.
- Across the past five years, year-over-year growth in Operating Expenses ran from 4.7% in Q3 2025 to 172.0% in Q4 2024.
- According to Business Quant data, Operating Expenses for the three prior quarters was $292,773 (Q4 2025), $371,364 (Q3 2025) and $585,622 (Q2 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 94.29 Bn | 93.74 Bn | - | 17.74 Bn |
| 2 | Natera | 59.14 Bn | 54.82 Bn | 485.19 Mn | 828.54 Mn |
| 3 | Quest Diagnostics | 26.23 Bn | 24.66 Bn | 1.03 Bn | 2.58 Bn |
| 4 | Labcorp Holdings | 25.04 Bn | 22.81 Bn | 1.11 Bn | 582.30 Mn |
| 5 | Guardant Health | 23.69 Bn | 19.76 Bn | 219.03 Mn | 464.10 Mn |
| 6 | Tenet Healthcare | 20.77 Bn | 11.92 Bn | - | - |
| 7 | Tempus AI | 14.91 Bn | 11.94 Bn | 246.50 Mn | 458.40 Mn |
| 8 | Encompass Health | 12.24 Bn | 12.70 Bn | - | 1.31 Bn |
| 9 | Davita | 11.39 Bn | 10.15 Bn | 1.16 Bn | 2.98 Bn |
| 10 | Ludwig Enterprises | 1.67 Mn | 1.67 Mn | - | 564,979.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 564,979.00 |
| Dec 31, 2025 | 292,773.00 |
| Sep 30, 2025 | 371,364.00 |
| Jun 30, 2025 | 585,622.00 |
| Mar 31, 2025 | 524,921.00 |
| Dec 31, 2024 | 276,722.00 |
| Sep 30, 2024 | 354,747.00 |
| Jun 30, 2024 | 301,348.00 |
| Mar 31, 2024 | 365,589.00 |
| Dec 31, 2023 | 101,725.00 |
| Sep 30, 2023 | 195,570.00 |
| Jun 30, 2023 | 273,752.00 |
API Access
Ludwig Enterprises Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=LUDG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "LUDG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=LUDG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();