fiscal year

noun

Definition of fiscal year

: an accounting period of 12 months

Examples of fiscal year in a Sentence

Sales were up in the last fiscal year. Our fiscal year runs from October 1 to September 30.
Recent Examples on the Web The reporting period is considered a transition quarter as Under Armour shifts its fiscal year end from Dec. 31 to March 31. Lorraine Mirabella, Baltimore Sun, 6 May 2022 That’s because year-over-year comparisons will no longer be kind to BKE—the pros expect profits to retreat by double digits in its current fiscal year, on tepid top-line growth. Brett Owens, Forbes, 25 Apr. 2022 The biggest maker of computer networking equipment will rejigger compensation packages at the start of its new fiscal year in August, according to the company. Washington Post, 18 Apr. 2022 In its fourth-quarter fiscal year 2021, Adobe (Nasdaq: ADBE) reported that creative revenue grew to $2.48 billion, 19% growth from the same time last year. Sheryl Estrada, Fortune, 25 Feb. 2022 Home Depot last quarter recorded sales of $35.7 billion to close its fiscal year with $151.2 billion as the giant hardware chain continued its pandemic surge to a record result, the company reported Tuesday. Michael E. Kanell, ajc, 22 Feb. 2022 The University of Maryland athletics program lost more than a third of its revenue because of spectator bans and other issues related to COVID-19 during its most recent fiscal year, ending $20.9 million in the red, records show. Jeff Barker, baltimoresun.com, 16 Feb. 2022 Brown University finished its fiscal year with an operating budget deficit of $52.2 million, despite its record endowment growth over the last year. Alexa Gagosz, BostonGlobe.com, 27 Jan. 2022 Also, last week builder KB Home reported results for its fiscal fourth quarter ended in November that came in well ahead of analyst estimates and, perhaps more important, provided a strong outlook for its current fiscal year. Justin Lahart, WSJ, 19 Jan. 2022 See More

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'fiscal year.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

First Known Use of fiscal year

1843, in the meaning defined above

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Time Traveler for fiscal year

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The first known use of fiscal year was in 1843

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fiscal stamp

fiscal year

Fischer

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Last Updated

8 May 2022

Cite this Entry

“Fiscal year.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/fiscal%20year. Accessed 16 May. 2022.

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More Definitions for fiscal year

fiscal year

noun

Legal Definition of fiscal year

: an accounting period of 12 months

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