Q2 · United Kingdom Fiscal Quarter

FM4–FM6 · July 2027 – September 2027

July 2027

SunMonTueWedThuFriSat
123
45678910
11121314151617
18192021222324
25262728293031

August 2027

SunMonTueWedThuFriSat
1234567
891011121314
15161718192021
22232425Summer Bank Holiday262728
293031

September 2027

SunMonTueWedThuFriSat
1234
567891011
12131415161718
19202122232425
2627282930

What Q2 means in the United Kingdom fiscal year

Q2 is the first reforecast window. Variance from the year-end budget becomes statistically meaningful, mid-year reviews are scheduled at the close of FM6, and most finance teams produce a second formal forecast that becomes the operating baseline for the back half of the fiscal year.

For more on quarter conventions across non-calendar fiscal years see our fiscal quarter conventions guide; for year-end timing see closing the books.

Quarter at a glance

Fiscal monthCalendar monthDaysHolidaysOpen
FM4 July 2027 31 Monthly →
FM5 August 2027 31 1 Monthly →
FM6 September 2027 30 Monthly →

Operational checklist for Q2

Use this quarterly view to plan close milestones, board meetings, and reforecast deliverables. Lock the close calendar at the start of the quarter and circulate it to every function that posts journal entries. Identify the holidays in each fiscal month above and adjust accrual cutoffs accordingly so the books close cleanly without manual back-dating. See the budget cycle vs fiscal year guide for how this quarter typically intersects with the upcoming-year planning calendar.

Other quarters

Q1

April–June

Q3

October–December

Q4

January–March