Fiscal quarters refer to the three-month periods that make up a company’s financial year. The fiscal year is divided into four quarters: Q1 (first quarter), Q2 (second quarter), Q3 (third quarter), and Q4 (fourth quarter).
Fiscal quarters are used by companies to report their financial performance, including revenue, profits, and expenses. Companies are typically required to report their financial results for each fiscal quarter, as well as for the full fiscal year.
Here’s a breakdown of the fiscal quarters:
- Q1: The first quarter of the fiscal year typically runs from January 1 to March 31.
- Q2: The second quarter of the fiscal year typically runs from April 1 to June 30.
- Q3: The third quarter of the fiscal year typically runs from July 1 to September 30.
- Q4: The fourth quarter of the fiscal year typically runs from October 1 to December 31.
By understanding the concept of fiscal quarters, investors and analysts can track the financial performance of a company over time and compare it to industry benchmarks and the company’s own historical performance. It’s always a good idea to carefully review a company’s financial results and consult with a financial professional before making any investment decisions.