Growth Metrics

Ludwig Enterprises (LUDG) Retained Earnings (2022 - 2026)

Ludwig Enterprises posted quarterly Retained Earnings of -$9.5 million for Q4 2025, down 30.81% year-on-year from -$13.7 million in Q4 2024, and down 12.8% on a QoQ basis from -$8.4 million in Q3 2025.

Ludwig Enterprises (LUDG) has 4 years of Retained Earnings data on file, last reported at -$9.5 million in Q4 2025.

  • For the quarter ending Q4 2025, Retained Earnings fell 30.81% year-over-year to -$9.5 million; the trailing twelve-month figure through Dec 2025 stood at -$9.5 million (down 30.81% YoY), and the FY2025 full-year result was -$9.5 million, down 30.81% from the prior year.
  • Retained Earnings for Q4 2025 stood at -$9.5 million, down from -$8.4 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.
  • The 4-year median for Retained Earnings is -$7.1 million (2024), against an average of -$6.4 million.
  • The widest annual swing landed in 2023, when Retained Earnings tumbled 137.55%; it then slipped 18.51% in 2025.
  • A 4-year view of Retained Earnings shows it stood at -$1.8 million in 2022, then tumbled by 137.55% to -$4.2 million in 2023, then plunged by 71.11% to -$7.3 million in 2024, then sank by 30.81% to -$9.5 million in 2025.
  • The last three Retained Earnings figures came in at -$9.5 million (Q4 2025), -$8.4 million (Q3 2025), and -$8.4 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Retained Earnings (Qtr)
1 Abbott Laboratories 152.82 Bn 146.17 Bn 6.27 Bn 49.96 Bn
2 Stryker 115.07 Bn 112.19 Bn 3.81 Bn -583.00 Mn
3 Medtronic 95.25 Bn 87.08 Bn 5.76 Bn 32.30 Bn
4 Boston Scientific 71.38 Bn 70.17 Bn 3.61 Bn -398.00 Mn
5 Edwards Lifesciences 51.08 Bn 47.41 Bn 1.29 Bn -221.30 Mn
6 Koninklijke Philips 29.38 Bn 26.07 Bn 2.07 Bn -
7 Dexcom 28.84 Bn 27.72 Bn 750.30 Mn 106.20 Mn
8 GE HealthCare Technologies 28.56 Bn 26.49 Bn 1.98 Bn 5.65 Bn
9 Steris 20.71 Bn 20.30 Bn 697.10 Mn -113.10 Mn
10 Ludwig Enterprises - - - -9.28 Mn

Historic Data

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DateValue
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