MRQ — Most Recent Quarter
Definition: Shorthand in board materials and earnings commentary for the latest closed quarter. Whoever frames the MRQ narrative usually controls the next quarter's priorities.
Example
The MRQ slide should answer one question in 30 seconds: are we ahead, behind, or on plan — and why.
When you'll hear it
MRQ shows up most often in board meetings, quarterly business reviews, and strategy off-sites. When someone uses it, they're usually referring to most recent quarter — and they expect the room to already know what that means.
FAQs
What does MRQ stand for?
MRQ stands for Most Recent Quarter.
What does MRQ mean in business and finance?
Shorthand in board materials and earnings commentary for the latest closed quarter. Whoever frames the MRQ narrative usually controls the next quarter's priorities.
Where will I hear MRQ used at work?
MRQ comes up most often in board meetings, quarterly business reviews, and strategy off-sites. It's used as shorthand for most recent quarter, so people assume you already know the term.