Apple’s Fiscal Calendar 2023

Apple Fiscal Calendar for 2022

Apple Fiscal Calendar for 2024

What is Apple’s fiscal year?

Apple fiscal year is a four-quarter calendar used for scheduling orderly payments for mobile app developers.

So, why do we have to care about it?

Once you upload your mobile app to the Apple Store, you’ll start getting payments on designated days. And Apple’s fiscal calendar becomes your go-to resource for keeping track of those days. Apple’s fiscal year differs from what we usually refer to as a fiscal year, so we’ll see what peculiarities and rules it has.

Here’s the calendar for 2023 with exact payment dates:

How Apple Fiscal Calendar works

The rules are as follows:

1. The year always starts on the last Sunday of September.
2. The calendar year is divided into four quarters, each of which consists of three months.
3. The first fiscal month of each quarter always has 35 days, while the other two are 28 days long.
4. The year consists of 364 days, that is why each five years they add an extra week.
5. It’s also important to remember that the company uses the US calendar version, meaning that weeks start on Sunday and end on Saturday.
6. The beginning and the end of each period are always on the same day of the week. And most importantly, Apple payment dates usually come 33 days after the end of the previous fiscal month.

Payment dates in Apple Fiscal Year Calendar 2023

Apple’s fiscal quarters this year look like this:

Q1 – Sep 25 – Dec 31

Q2 – Jan 1 – Apr 1

Q3 – Apr 2 – Jul 2

Q4 – Jul 2 – Sep 30

Now let’s see how exactly this fiscal calendar works. Following the rule that the first month consists of 35 days, and the payment terms are NET 33 we can predict that the September payment (which is the term Aug 28 – Sep 24 of the previous fiscal year) will be provided on Sep 27 on Thursday, while the October payment (Sep 25 – Oct 29) should be sent on Dec 1, and so on.

Feel free to check the Adapty estimation of Apple Fiscal Calendar 2023. Please, pay attention to the colors of the periods: each corresponds to a concrete day.

Why it’s so important

Funding Gap

You cannot consider the money from the App Store yours until Apple actually sends it. The funds on your Developer Account aren’t the funds you may use. These 33-day delays may affect the economics of your app and lead to funding gaps. May be a rather crucial mistake to wrongly plan your finances while your app is promoted through paid traffic only. Google and Facebook never care about your finances, they’re gonna bill you anyway 🙂

Billing issues and non-paid ads

As previously mentioned, Ad networks want their services to get paid on time, while Apple pays with a delay. Your ad campaigns optimize not as fast, so it’s not a good idea to stop your ads and restart them in the future. If you set campaigns on hold for a long period, they won’t perform as they used to. So, if you purchase installs at a reasonable cost, try to keep them working as long as possible. And don’t even think of having your ads unpaid and leaving your ad accounts with debts.

Funds and Numbers

What’s plain and simple often gets missed. Don’t forget to match your results and your earnings the right way. Don’t look at payments, look at the stats you have. For example, your December payment will be related to Nov 27 – Dec 31, while the December costs will be for the period Dec 1 – 31. Just keep it in mind and don’t consider “monthly payment” as payment for a fiscal month 🙂

Subscription app’s economics is built mostly on a “zero-profit” basis. That means CAC = LTV almost all the time. Even a small disorder may cause your business to die. Subscription recovery is long term, and having an app based on in-app subscriptions is a long term business itself! That’s why under any circumstances try to have some extra resources: if you learn to deal with Apple’s delays, your business will have the chance to survive.

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FAQs

When does the Apple’s fiscal calendar 2023 start and end?

The 2023 calendar for Apple begins on September 25, 2022, and ends on September 30, 2023.

How are the quarters divided in Apple’s fiscal year in 2023?

The calendar is divided into four quarters, with each quarter consisting of 13 weeks. Here is the breakdown:

 

• Q1: September 25, 2022 – December 24, 2022
• Q2: December 25, 2022 – March 25, 2023
• Q3: March 26, 2023 – June 24, 2023
• Q4: June 25, 2023 – September 30, 2023

When will Apple release its quarterly financial results?

Apple typically releases its quarterly financial results in the month following the end of each quarter. The specific dates for each quarter’s release are announced by Apple in advance.

How does Apple’s fiscal calendar differ from the standard calendar year?

Apple’s fiscal calendar differs from the standard calendar year as it starts in September and ends in September of the following year. This is in contrast to the standard calendar year, which starts in January and ends in December.