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When does the federal fiscal year start and end?

Short Answer

When does the federal fiscal year start and end? The federal fiscal year runs from October 1 to September 30. FY2026 started on October 1, 2025 and ends September 30, 2026.

Congressional Budget Office

Detailed Answer

The federal government operates on a fiscal year (FY) that differs from the calendar year: **Federal Fiscal Year:** - Start: October 1 - End: September 30 - Example: FY2026 = October 1, 2025 through September 30, 2026 **Why This Matters for Contractors:** - Q4 (July-September) is the busiest contracting period - Agencies must obligate remaining funds before year end - Many solicitations drop in spring for Q4 awards - New fiscal year may have budget changes **Key Contract Timeline Implications:** - Period of performance often aligns with fiscal year - Option years typically exercise at fiscal year boundaries - Continuing resolutions affect start-of-year contracting

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