Ludwig Enterprises (LUDG) Research & Development (2023 - 2026)
Ludwig Enterprises (LUDG) posted Research & Development of $9300.0 for Q1 2026, up 844.16% on a QoQ basis from $985.0 in Q4 2025, and down 87.47% year-over-year from $74234.0 in Q1 2025.
Ludwig Enterprises (LUDG) Research & Development (2023 - 2026) Analysis & Trends
Ludwig Enterprises' Research & Development history runs 4 years deep, the most recent figure standing at $9300.0 for Q1 2026.
- Quarterly Research & Development fell 87.47% year-over-year to $9300.0 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $166659.0 (down 4.78% YoY) and the FY2025 annual result came in at $231593.0, up 129.75% from the prior year.
- Research & Development was $9300.0 for Q1 2026 at Ludwig Enterprises, up from $985.0 in the prior quarter.
- Across five years, Research & Development topped out at $80318.0 in Q3 2025 and bottomed at -$17694.0 in Q4 2023.
- A 4-year average of $32139.4 and a median of $38299.0 in 2023 frame the typical range for Research & Development.
- Annual changes were most pronounced in 2024 — Research & Development jumped 552.75% — and 2026, when it slumped 87.47%.
- Ludwig Enterprises' Research & Development stood at -$17694.0 in 2023, then advanced by 27.31% to -$12862.0 in 2024, then jumped by 107.66% to $985.0 in 2025, then jumped by 844.16% to $9300.0 in 2026.
- Business Quant data shows LUDG's Research & Development at $9300.0 in Q1 2026, $985.0 in Q4 2025, and $80318.0 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 201.40 Bn | 194.75 Bn | 6.27 Bn | 767.00 Mn |
| 2 | Stryker | 122.29 Bn | 119.41 Bn | 3.81 Bn | 413.00 Mn |
| 3 | Medtronic | 105.01 Bn | 96.40 Bn | 6.41 Bn | 671.00 Mn |
| 4 | Boston Scientific | 64.81 Bn | 63.59 Bn | 3.61 Bn | 516.00 Mn |
| 5 | Edwards Lifesciences | 55.28 Bn | 51.60 Bn | 1.29 Bn | 263.30 Mn |
| 6 | Dexcom | 29.06 Bn | 27.94 Bn | 750.30 Mn | 145.30 Mn |
| 7 | Koninklijke Philips | 29.02 Bn | 25.93 Bn | 2.07 Bn | -461.27 Mn |
| 8 | GE HealthCare Technologies | 28.27 Bn | 26.20 Bn | 1.98 Bn | 345.00 Mn |
| 9 | Smith & Nephew | 25.80 Bn | 25.22 Bn | - | - |
| 10 | Ludwig Enterprises | 3.27 Mn | 3.27 Mn | - | 9,300.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 9,300.00 |
| Dec 31, 2025 | 985.00 |
| Sep 30, 2025 | 80,318.00 |
| Jun 30, 2025 | 76,056.00 |
| Mar 31, 2025 | 74,234.00 |
| Dec 31, 2024 | -12,862.00 |
| Sep 30, 2024 | 42,100.00 |
| Jun 30, 2024 | 71,562.00 |
| Mar 31, 2024 | 42,982.00 |
| Dec 31, 2023 | -17,694.00 |
| Sep 30, 2023 | 34,498.00 |
| Jun 30, 2023 | -15,806.00 |