Fiscal quarters are quarterly intervals utilized by firms and governments for monetary reporting and budgeting functions. A fiscal quarter is usually three months lengthy, and there are 4 fiscal quarters in a fiscal 12 months.
The fiscal 12 months for many firms and governments begins on January 1 and ends on December 31. Nonetheless, some firms and governments use a unique fiscal 12 months, corresponding to the tutorial 12 months (July 1 to June 30) or the calendar 12 months (January 1 to December 31). The fiscal 12 months for 2025 will start on January 1, 2025, and finish on December 31, 2025.