If you have been looking at the app revenue numbers on the Revenue Cat or other app Portal dashboards you may have seen that the numbers do not match up with what you actually get paid in your bank. The main reason for this discrepancy is Apple's Fiscal calendar. See below for how this works.
How the Apple payout calendar works
For the purpose of easing financial reporting Apple uses a fiscal year calendar. To be more specific, the calendar has 4 quarters, each uses the 5-4-4 week method of managing accounting periods. This type of calendar groups the quarters of the fiscal year into one 5-week “month” and two 4-week “months”. It does seem a bit weird to use this kind of calendar, but it has a major advantage when it comes to starting and ending the month period: the end date of the period is always the same day of the week, which is useful for reviewing the company’s financial performance and planning future expenses.
Apple’s fiscal calendar has these nuances:
Apple’s fiscal calendar always starts with the last Sunday of September
The week format is Sunday to Saturday (US calendar version)
The calendar uses a 52-53-week fiscal year method where the last Saturday of the month is the end of the fiscal year (September for Apple)
Above is Apple's fiscal calendar for 2023, 2024. This is the calendar that Apple pays us.
Why is this important?
This is the main reason why you're revenue in Revenue Cat will not match what you get in the payout. For example, the money you ‘earn’ in September this year will actually be the revenue from September 8th to October 5th, but the spending will be based on the calendar month (September 1st – 31st).
iOS Transaction Payout Dates
Fiscal month | For the revenue generated during… |
October 2023 | August 4th – September 7th, 2023 |
November 2023 | September 8th – October 5th, 2023 |
December 2023 | October 6th – November 2nd, 2023 |
January 2024 | November 3rd – December 7th, 2023 |
February 2024 | December 8th, 2023 – January 4th, 2024 |
March 2024 | January 5th – February 1st, 2024 |
April 2024 | February 2nd – March 7th, 2024 |
May 2024 | March 8th – April 4th, 2024 |
June 2024 | April 5th – May 2nd, 2024 |
July 2024 | May 3rd – June 6th, 2024 |
August 2024 | June 7th – July 4th, 2024 |
September 2024 | July 5th – August 1st, 2024 |