Quarter-on-quarter or quarter-over-quarter is a
term of art
Jargon is the specialized terminology associated with a particular field or area of activity. Jargon is normally employed in a particular communicative context and may not be well understood outside that context. The context is usually a particu ...
in
accounting,
finance and
economics
Economics () is the social science that studies the production, distribution, and consumption of goods and services.
Economics focuses on the behaviour and interactions of economic agents and how economies work. Microeconomics analyzes ...
. It may refer to a comparison of data in the current quarter to the same data in the previous quarter.
For example, if the volume of sales was 105 units in 2019Q2, 100 units in 2020Q1, and 102 units in 2020Q2, then the sale volume has in increased in 2020Q2 quarter-over-quarter (i.e., comparing it to 2020Q1), but it has decreased year-over-year (i.e., comparing it to 2019Q2).
The term also applies to a comparison of data in a period of the current quarter to the same period in the previous quarter. For example, the comparison of sales in April (i.e., the first month of Q2) to sales in January would be a quarter-over-quarter comparison.
It is sometimes abbreviated as
q/q.
See also
year-over-year
References
{{reflist
Accounting terminology
Financial reporting