Fiscal quarters are quarterly periods used by companies and governments for financial reporting and budgeting purposes. A fiscal quarter is typically three months long, and there are four fiscal quarters in a fiscal year.
The fiscal year for most companies and governments begins on January 1 and ends on December 31. However, some companies and governments use a different fiscal year, such as the academic year (July 1 to June 30) or the calendar year (January 1 to December 31). The fiscal year for 2025 will begin on January 1, 2025, and end on December 31, 2025.