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quarteryear

Quarter-year, commonly referred to as a calendar quarter or fiscal quarter, is a period of three consecutive months that represents one quarter of a year. The term is used in business, finance, and statistics to segment the year for planning, reporting, and analysis. While "quarter" is the more common term, "quarter-year" emphasizes the annual proportion and may appear in certain data sets or planning documents.

The calendar quarters align with the standard Gregorian calendar: Q1 is January through March, Q2 is April

In practice, quarter-year reporting supports quarterly financial statements, budget cycles, performance dashboards, and trend analysis. It

Note: The term quarter-year is less standardized than calendar or fiscal quarter, and in many contexts the

through
June,
Q3
is
July
through
September,
and
Q4
is
October
through
December.
Fiscal
quarters,
by
contrast,
depend
on
an
organization's
fiscal
year,
which
may
begin
in
any
month;
for
example,
a
fiscal
year
starting
in
July
would
have
Q1
as
July–September,
Q2
as
October–December,
Q3
as
January–March,
and
Q4
as
April–June.
helps
smooth
out
monthly
fluctuations
and
facilitates
comparisons
across
periods.
Data
labeled
by
quarter-year
are
often
combined
into
annual
totals
or
seasonally
adjusted
series.
word
quarter
suffices.