Q1, or the first quarter, refers to the initial three months of a fiscal or calendar year. For most companies, Q1 includes January, February, and March. This period is crucial for businesses as they set financial goals and assess performance against their annual plans. During Q1, organizations often release their earnings reports, providing insights into their financial health. Investors and analysts closely monitor these reports to gauge a company's performance and make informed decisions. Understanding Q1 is essential for stakeholders, including investors, employees, and management, as it sets the tone for the rest of the year.