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Q2, or the second quarter, refers to the accounting period of April, May and June. Any financial statements you receive from April 1 to June 30 are for Q2 of the fiscal quarter system.
In financial accounting the accounting period is determined by regulation and is usually 12 months. The beginning of the accounting period differs according to jurisdiction. For example, one entity may follow the calendar year, January to December, while another may follow April to March as the accounting period. The International Financial ...
In Australia, a fiscal year is commonly called a "financial year" (FY) and starts on 1 July and ends on the next 30 June. Financial years are designated by the calendar year of the second half of the period. For example, financial year 2025 is the 12-month period ending on 30 June 2025 and can be referred to as FY2024/25.
The 4–4–5 calendar is a method of managing accounting periods, and is a common calendar structure for some industries such as retail and manufacturing.It divides a year into four quarters of 13 weeks, each grouped into two 4-week "months" and one 5-week "month".
The calendar year can be divided into four quarters, [3] often abbreviated as Q1, Q2, Q3, and Q4. Since they are three months each, they are also called trimesters. In the Gregorian calendar: First quarter, Q1: January 1 – March 31 (90 days or 91 days in leap years) [4] Second quarter, Q2: April 1 – June 30 (91 days)
To figure out how to earn $500 monthly from Macy’s, we start with the yearly target of $6,000 ($500 x 12 months). Next, we take this amount and divide it by Macy’s $0.6948 dividend: $6,000 ...
Q1, Q2, Q3, Q4 – quarters of the accounting year, calendar year or fiscal year; QC – Quality control or Quality costs; QoQ – Quarter on quarter; QPR – Quarterly Performance Report; QRP – Qualified Retirement Plan; q/q – Quarter on quarter; QTD – Quarter-to-date
Q1 2025 has two fewer days than Q4 2024 and one fewer day than Q1 2024, which should be considered when comparing sequential and year-over-year revenue growth and AOI margins.