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نحن لا نرسل البريد العشوائي! اقرأ سياسة الخصوصية الخاصة بنا لمزيد من المعلومات.

الربع على الربع هو مصطلح رياضي يشير إلى عملية قسمة الربع على الربع. إذا كان لدينا أي عدد يمثل ربعًا، فإن النتيجة ستكون 1، لأن أي عدد مقسوم على نفسه يساوي 1.إذا كان لديك أي استفسارات أخرى حول الرياضيات، فلا تتردد في طرحها!

When investors talk about quarter-over-quarter (QOQ) numbers, they are usually referring to an increase or decrease in a company’s revenues or earnings in a three-month quarter compared to the previous quarter.

Definition / Examples of Quarter-over-Quarter

Investors use financial reports provided by publicly traded companies on a quarterly and annual basis to assess the financial health of companies and uncover trends in overall performance.

Quarterly reports are available with the Securities and Exchange Commission (SEC) through its EDGAR database. Reports filed with the SEC after each of the first, second, and third quarters of the year are called 10-Q reports. The annual report filed with the SEC, which includes information for the full fiscal year, is called a 10-K report. Both types of reports provide similar information, although the 10-K report is usually more detailed and comprehensive.

Alternative names: quarter-over-quarter, quarter to quarter, or quarter growth rates; abbreviation: QOQ or Q/Q; alternative definition: quarter-over-quarter can also refer to broader economic performance, like the GDP report issued by the U.S. Bureau of Economic Analysis.

The formula to determine quarter-over-quarter performance is: (Current quarter number – Previous quarter number) / Previous quarter

The chart below looks at a practical example from the lodging company Airbnb, where the revenues of the second quarter of 2021 are compared to the previous quarter as well as the second quarter of 2020.

Airbnb Earnings Results

  • Q2 2021 Revenues: $1.34 billion
  • Q1 2021 Revenues: $886.1 million
  • Q2 2020 Revenues: $334.8 million

By plugging the above numbers into the formula to determine quarter-over-quarter or year-over-year change, we find that Airbnb’s revenues in the second quarter of this year grew by 50% from the first quarter of this year and by 300% from the second quarter of 2020. Of course, in the second quarter of that year, travel for Airbnb users was greatly suspended as the world entered lockdown. Travel has increased significantly since then.

How Quarter-over-Quarter Works

Continuing with our example, investors considering purchasing shares in Airbnb can review the company’s revenue growth from quarter to quarter as well as year over year to help them determine if the business is recovering sufficiently from the drop experienced during 2020.

In addition to the financial data from the company’s 10-Q and 10-K reports, other data such as marketing costs, total nights booked, and total booking value (the amount that tracks host earnings, service fees, cleaning fees, and taxes) are also important when analyzing Airbnb. These totals can also be compared quarter-over-quarter or year-over-year.

Regardless of the method used to analyze stocks, quarter-over-quarter performance – or more accurately, a series of quarter-over-quarter evaluations – is often vital information for investors.

What This Means for Investors

There are various methods to determine whether a stock is a wise and timely investment. Some investors like to ride a company’s stock when its quarterly performance peaks, while others may enter when the stock price declines in quarter-over-quarter comparisons but has the potential to bounce back.

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Sources:

  • Airbnb. “Airbnb Second Quarter 2021 Financial Results.” Accessed Sept. 9, 2021.
  • Airbnb. “Form 10-Q for the Quarterly Period Ended June 30, 2021.” Accessed Sept. 9, 2021.

Source: https://www.thebalancemoney.com/what-is-quarter-over-quarter-5200693


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