Ludwig Enterprises LUDG
OTC LUDG
$0.01 +0.00 (+0.00%)
At close: Sep 8, 2026 · 4:00 PM EDT

Ludwig Enterprises (LUDG) Research & Development (2023 - 2026)

Ludwig Enterprises' (LUDG) quarterly Research & Development came in at $9300.0 in 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.

Analysis

Ludwig Enterprises (LUDG) Research & Development (2023 - 2026) Analysis & Trends

Ludwig Enterprises (LUDG) has reported Research & Development for 4 consecutive years, with $9300.0 the latest figure, recorded 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 30.52% YoY), and the FY2025 full-year result was $231593.0, up 39.83% from the prior year.
  • Research & Development improved to $9300.0 in Q1 2026 per LUDG's latest filing, 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.
  • Historically, Research & Development has averaged $42390.9 across 4 years, with a median of $42982.0 in 2024.
  • The sharpest annual moves came in 2024 and 2025: Research & Development jumped 393.65% in 2024, then tumbled 98.1% in 2025.
  • Over 4 years, Research & Development stood at -$17694.0 in 2023, then jumped by 393.65% to $51959.0 in 2024, then sank by 98.1% to $985.0 in 2025, then jumped by 844.16% to $9300.0 in 2026.
  • According to Business Quant data, Research & Development over the past three periods registered $9300.0, $985.0, and $80318.0 for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Natera 47.02 Bn 45.92 Bn 486.15 Mn 228.07 Mn
2 Labcorp Holdings 26.15 Bn 26.01 Bn 1.11 Bn -
3 Quest Diagnostics 25.87 Bn 25.25 Bn 1.03 Bn -
4 Guardant Health 21.79 Bn 20.74 Bn 219.03 Mn 189.95 Mn
5 Tempus AI 11.20 Bn 10.38 Bn 274.25 Mn 52.64 Mn
6 Caris Life Sciences 6.94 Bn 6.15 Bn 182.38 Mn 53.76 Mn
7 Sotera Health 5.24 Bn 4.88 Bn 177.96 Mn -
8 BillionToOne 4.66 Bn 4.11 Bn 77.11 Mn 17.32 Mn
9 iRhythm Holdings 3.99 Bn 3.40 Bn 163.21 Mn 19.84 Mn
10 Ludwig Enterprises 1.67 Mn 1.67 Mn - 9,300.00
Historic Data

Historic Data

Download Data
DateValue
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 51,959.00
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