When Is Q2? – Starting And Ending Dates | Important Facts About Fiscal Quarters

When Is Q2? And what do fiscal quarters mean? Fiscal quarters are sequential, three-month time periods in the firm’s financial year (also known as the annual financial year). The fiscal quarter is used by publicly traded companies to plan the publication of financial statements and pay dividends to stockholders.

The Q2 always happens in three consecutive months. Still, it doesn’t always follow the April-May-June period because each company’s reporting period is different, and they can decide to alter the Q2 period to match their financial activities.

What Is Considered Q2?

Find out the definition of Q2 fiscal quarter here!

What months are Q2?

The fiscal year coincides with a typical calendar year, and the months in Q2 are April, May, and June. In general, if the fiscal quarter isn’t applied in a specified environment or company, this order doesn’t change. But, according to each company’s policy and financial activities, Q2 may start in February or May instead of April.

The fiscal year coincides with a typical calendar year
The fiscal year coincides with a typical calendar year

When does Q2 start?

Q2 started on the 1st of April, and it’s the same every year. The fact that a year is common or leap year doesn’t change the starting date of the fiscal quarter Q2.

When does Q2 end?

Q2 ends on the 30th of June in standard cases (when not taken into consideration of any company or business’s financial report period).

When Is Q2?

When is Q2 in recent years like 2020, 2021, and 2022? Find out below.

Q2 2024

Q2 2023 starts on the 1st of April and ends on the 30th of June.

Q2 2024

Q2 2024 starts on the 1st of April and ends on the 30th of June.

Q2 2025

Q2 2025 starts on the 1st of April and ends on the 30th of June.

Q2 2026

Q2 2026 starts on the 1st of April and ends on the 30th of June.

Q2 2027

Q2 2027 starts on the 1st of April and ends on the 30th of June.

Q2 2028

Q2 2028 starts on the 1st of April and ends on the 30th of June.

Q2 2029

Q2 2029 starts on the 1st of April and ends on the 30th of June.

Q2 2030

Q2 2030 starts on the 1st of April and ends on the 30th of June.

Q2 2031

Q2 2031 starts on the 1st of April and ends on the 30th of June.

Q2 2032

Q2 2032 starts on the 1st of April and ends on the 30th of June.

What does Q2 2022 mean?

In 2022, the Q2 fiscal quarter starts on the first of April and ends on the 30th of June. This period coincides with spring and summer in the US. And when do other fiscal quarters start?

  • Q1 starts on the 1st of January
  • Q2 starts on the 1st of April
  • Q3 starts on the 1st of July
  • Q3 starts on the 1st of October

When does Q2 end 2022?

In 2022, Q2 ends on the 30th of June. What about the other fiscal quarters? When do they end?

  • Q1 ends on the 31st of March
  • Q2 ends on the 30th of June
  • Q3 ends on the 30th of September
  • Q4 ends on the 31st of December

When does Q2 start 2021?

Q2 starts on the same day every year. So the starting day of Q2 in 2021 is the same as that of 2022 or the years before, on the 1st of April.

For companies, the starting date of Q2 in 2021 may be different. For example, the quarter starts on the 1st of January for Apple and the 1st of November for Microsoft.

When does Q2 end 2021?

Q2 ended on the 30th of June in 2021. However, for companies, the ending date of Q2 this year can be different. For example, Microsoft ended its Q2 on the 25th of January 2021.

Microsoft ended its Q2 on the 25th of January 2021
Microsoft ended its Q2 on the 25th of January 2021

Q2 2020 dates

Q2 in 2020 started on the 1st of April and ended on the 30th of June.

The Use Of Fiscal Quarters And Non-Standard Fiscal Quarters

How do companies manage their annual financial year using fiscal quarters? Find out some fun facts about fiscal quarters in the business field.

Fiscal quarters

Publicly-traded companies publish reports when each quarter comes to an end. They include the accounts which provide their financial statements for the period. These statements allow companies to keep track of their business’s performance and make comparisons. Besides, they also serve tax planning. As a result, companies don’t always publish their fiscal-quarter reports.

Suppose a company follows the fiscal quarters’ order. In that case, it will release its financial report around: the 31st of March, 30th of June, 30th of September, and 31st of December.

Non-standard fiscal quarters

If a company’s fiscal quarterly dates do not align with calendar year fiscal years, it uses non-standard fiscal quarters timestamps to report its business performance over the year.

These non-standard fiscal periods are typical for businesses that make most of their earnings during certain year periods. For example, a Christmas present business revenues mostly during the last months of the year, so they tend to file a report in January or even February of the next year, which is also the ending month of their Q4 period.

Shifting the fiscal quarters helps the companies deal with taxes and avoid losing too much money in the Q4 while the other fiscal quarters don’t revenue much capital.

Shifting the fiscal quarters helps the companies plan taxes better
Shifting the fiscal quarters helps the companies plan taxes better

FAQs

What are the dates for Q1, Q2, Q3, and Q4?

Q1: January 1 – March 31
Q2: April 1 – June 30
Q3: July 1 – September 30
Q4: October 1 – December 31

When does Q1 end?

Q1 ends on the 31st of March.

When is Q4?

Q4 starts on October 1st and ends on December 31st.

Do Quarters Always coincide With the Calendar Year?

The quarters don’t always align in the normal calendar. For example, suppose a company starts its fiscal year in March rather than January. In that case, the first quarter or Q1 will consist of March, April, and May.

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