Ludwig Enterprises (LUDG) Retained Earnings (2022 - 2026)
Ludwig Enterprises' (LUDG) quarterly Retained Earnings came in at -$9.3 million in Q1 2026, down 18.93% on a YoY basis from -$11.4 million in Q1 2025, and up 2.3% quarter-over-quarter from -$9.5 million in Q4 2025.
Analysis
Ludwig Enterprises (LUDG) Retained Earnings (2022 - 2026) Analysis & Trends
Ludwig Enterprises (LUDG) has reported Retained Earnings for 5 consecutive years, with -$9.3 million the latest figure, recorded in Q1 2026.
- For the quarter ending Q1 2026, Retained Earnings fell 18.93% year-over-year to -$9.3 million; the trailing twelve-month figure through Mar 2026 stood at -$9.3 million (down 18.93% YoY), and the FY2025 full-year result was -$9.5 million, down 30.81% from the prior year.
- Retained Earnings grew to -$9.3 million in Q1 2026 per LUDG's latest filing, from -$9.5 million in the prior quarter.
- Across five years, Retained Earnings topped out at -$1.8 million in Q4 2022 and bottomed at -$9.5 million in Q4 2025.
- Historically, Retained Earnings has averaged -$6.6 million across 5 years, with a median of -$7.2 million in 2024.
- The sharpest annual moves came in 2023 and 2025: Retained Earnings slumped 137.55% in 2023, then dropped 18.51% in 2025.
- Over 5 years, Retained Earnings stood at -$1.8 million in 2022, then slumped by 137.55% to -$4.2 million in 2023, then tumbled by 71.11% to -$7.3 million in 2024, then plunged by 30.81% to -$9.5 million in 2025, then increased by 2.3% to -$9.3 million in 2026.
- According to Business Quant data, Retained Earnings over the past three periods registered -$9.3 million, -$9.5 million, and -$8.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Natera | 47.16 Bn | 46.06 Bn | 486.15 Mn | -2.93 Bn |
| 2 | Labcorp Holdings | 26.30 Bn | 26.15 Bn | 1.11 Bn | 8.70 Bn |
| 3 | Quest Diagnostics | 26.05 Bn | 25.42 Bn | 1.03 Bn | 10.37 Bn |
| 4 | Guardant Health | 21.87 Bn | 20.81 Bn | 219.03 Mn | -3.23 Bn |
| 5 | Tempus AI | 11.19 Bn | 10.38 Bn | 274.25 Mn | -2.52 Bn |
| 6 | Caris Life Sciences | 6.93 Bn | 6.13 Bn | 182.38 Mn | 3.14 Bn |
| 7 | Sotera Health | 5.21 Bn | 4.86 Bn | 177.96 Mn | 1.27 Bn |
| 8 | BillionToOne | 4.73 Bn | 4.18 Bn | 77.11 Mn | 787.32 Mn |
| 9 | iRhythm Holdings | 3.96 Bn | 3.37 Bn | 163.21 Mn | -817.76 Mn |
| 10 | Ludwig Enterprises | 1.67 Mn | 1.67 Mn | - | -9.28 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | -9.28 Mn |
| Dec 31, 2025 | -9.50 Mn |
| Sep 30, 2025 | -8.42 Mn |
| Jun 30, 2025 | -8.45 Mn |
| Mar 31, 2025 | -7.80 Mn |
| Dec 31, 2024 | -7.26 Mn |
| Sep 30, 2024 | -7.10 Mn |
| Jun 30, 2024 | -6.22 Mn |
| Mar 31, 2024 | -5.85 Mn |
| Dec 31, 2023 | -4.24 Mn |
| Sep 30, 2023 | -3.79 Mn |
| Dec 31, 2022 | -1.79 Mn |