What is Quarter to Date (QTD)?

Quarter to date refers to the three-month period extending from the beginning of the quarter to the end of the quarter. In the finance world, quarter 1 usually spans January 1-March 31; quarter 2 usually spans April 1-June 30; quarter 3 usually spans July 1-September 30; and quarter 4 usually spans October 1-December 31.

How Does Quarter to Date (QTD) Work?

Let's assume Company XYZ's first quarter began on January 1 and ends on March 31. Today is March 31. During this time, Company XYZ recorded the following:

Quarter to Date

By adding the revenue for the three months of the first quarter, we can calculate that Company XYZ's quarter-to-date revenue is $4,500,000.

Why Does Quarter to Date (QTD) Matter?

Quarter-to-date information is useful in looking for trends or measuring performance against goals.

Comparing quarter-to-date information among companies with different fiscal-year start dates can distort an analysis: The time included may vary and seasonal factors may become skewed. It is also important to remember that the extra day in leap years may distort quarter-to-date comparisons.

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Paul Tracy
Paul Tracy

Paul has been a respected figure in the financial markets for more than two decades. Prior to starting InvestingAnswers, Paul founded and managed one of the most influential investment research firms in America, with more than 3 million monthly readers.

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