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How many quarters are in a year?

The calendar year can be divided into four quarters, often abbreviated as Q1, Q2, Q3, and Q4. Since they are three months each, they are also called trimesters. In the Gregorian calendar :

What is a state quarter?

The third state quarter of the year is July 1 to September 30. The fourth and final state quarter of the year is October 1 to December 31. A company’s financial reporting schedule determines fiscal quarters. For instance, a retailer that operates on a fiscal year ending in January will have its first fiscal quarter ending April 30.

When is the first quarter of the year?

The first federal quarter of the year is January 1 to March 31. The second federal quarter of the year is April 1 to June 30. The third federal quarter of the year is July 1 to September 30. The fourth and final federal quarter of the year is October 1 to December 31.

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