Ludwig Enterprises (LUDG) Shares Outstanding (Diluted Average) (2023 - 2025)

Ludwig Enterprises (LUDG) has 3 years of Shares Outstanding (Diluted Average) data on file, last reported at $161.8 million in Q4 2025.

• For the quarter ending Q4 2025, Shares Outstanding (Diluted Average) rose 2.03% year-over-year to $161.8 million; the trailing twelve-month figure through Dec 2025 stood at $161.8 million (up 2.03% YoY), and the FY2025 full-year result was $161.8 million, up 2.03% from the prior year.
• Shares Outstanding (Diluted Average) for Q4 2025 stood at $161.8 million, down from $862.0 million in the prior quarter.
• Across five years, Shares Outstanding (Diluted Average) topped out at $862.0 million in Q3 2025 and bottomed at $155.5 million in Q1 2024.
• The 3-year median for Shares Outstanding (Diluted Average) is $161.6 million (2025), against an average of $263.5 million.
• The widest annual swing landed in 2024, when Shares Outstanding (Diluted Average) sank 50.21%; it then jumped 445.75% in 2025.
• A 3-year view of Shares Outstanding (Diluted Average) shows it stood at $286.6 million in 2023, then slumped by 44.65% to $158.6 million in 2024, then advanced by 2.03% to $161.8 million in 2025.
• The last three Shares Outstanding (Diluted Average) figures came in at $161.8 million (Q4 2025), $862.0 million (Q3 2025), and $161.6 million (Q2 2025), per Business Quant data.

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