Ludwig Enterprises (LUDG) Research & Development (2023 - 2026)
Ludwig Enterprises (LUDG) reported Research & Development of $9300.0 for Q1 2026, down 87.47% on a YoY basis from $74234.0 in Q1 2025, and up 844.16% quarter-over-quarter from $985.0 in Q4 2025.
Ludwig Enterprises (LUDG) Research & Development (2023 - 2026) Analysis & Trends
Ludwig Enterprises has reported Research & Development for 4 years, with the latest figure at $9300.0 in Q1 2026.
- For the quarter ending Q1 2026, Research & Development fell 87.47% year-over-year to $9300.0; the trailing twelve-month figure through Mar 2026 stood at $166659.0 (down 4.78% YoY), and the FY2025 full-year result was $231593.0, up 129.75% from the prior year.
- Research & Development for Q1 2026 stood at $9300.0, up from $985.0 in the prior quarter.
- The five-year high for Research & Development was $80318.0 in Q3 2025, with the low at -$17694.0 in Q4 2023.
- Historically, Research & Development has averaged $31153.7 across 4 years, with a median of $34498.0 in 2023.
- Annual changes were most pronounced in 2024 — Research & Development jumped 552.75% — and 2026, when it tumbled 87.47%.
- Ludwig Enterprises' Research & Development stood at -$17694.0 in 2023, then rose by 27.31% to -$12862.0 in 2024, then surged by 107.66% to $985.0 in 2025, then surged by 844.16% to $9300.0 in 2026.
- The last three Research & Development figures came in at $9300.0 (Q1 2026), $985.0 (Q4 2025), and $80318.0 (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 154.42 Bn | 147.76 Bn | 6.27 Bn | 767.00 Mn |
| 2 | Stryker | 118.12 Bn | 115.25 Bn | 3.81 Bn | 413.00 Mn |
| 3 | Medtronic | 101.72 Bn | 93.55 Bn | 5.76 Bn | 722.00 Mn |
| 4 | Boston Scientific | 67.19 Bn | 65.98 Bn | 3.61 Bn | 516.00 Mn |
| 5 | Edwards Lifesciences | 50.69 Bn | 47.02 Bn | 1.29 Bn | 263.30 Mn |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | -461.27 Mn |
| 7 | Dexcom | 28.09 Bn | 26.97 Bn | 750.30 Mn | 145.30 Mn |
| 8 | GE HealthCare Technologies | 28.08 Bn | 26.02 Bn | 1.98 Bn | 345.00 Mn |
| 9 | Steris | 19.80 Bn | 19.37 Bn | 697.10 Mn | 28.80 Mn |
| 10 | Ludwig Enterprises | - | - | - | 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 |
| Dec 31, 2023 | -17,694.00 |
| Sep 30, 2023 | 34,498.00 |
| Jun 30, 2023 | -15,806.00 |