Fastenal Company (FAST) Q2 FY2026 Financial Statements: Net sales $2.39B, Net income $382.80M
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PeriodQ2 FY2026
Published
Fastenal Company reported net sales of $2.39 billion for Q2 FY2026, the quarter ended June 30, 2026, up 14.7% from a year earlier, which management attributed to new contract signings, pricing and a modest improvement in industrial production. Net income was $382.8 million, up 15.9%, and diluted earnings per share were $0.33, compared with $0.29 a year earlier. Operating income was $501.8 million, up 15.1%, as lower selling, general and administrative expenses relative to sales offset a narrower gross margin.
| Metric | Amount | vs. year ago |
|---|---|---|
| Net sales | $2,386,900,000 | up 14.7% |
| Net income | $382,800,000 | up 15.9% |
| Diluted EPS | $0.33 | up 13.8% |
| Operating income | $501,800,000 | up 15.1% |
Figures link to the filing they came from. Wherever the SEC filing tags a number, that number is linked: click it and the filing opens at the exact line that prints it. Figures calculated here, such as margins, free cash flow and trailing-twelve-month totals, have no line in a filing to point to and are not linked.
About this file
| Ticker | FAST |
|---|---|
| CIK | 0000815556 |
| Company | Fastenal Company |
| Business type | industrial |
| Schema template | standard (net sales / gross profit / operating income / net income; balance sheet; cash flow) |
| Schema rationale | Fastenal is a wholesale distributor of industrial and construction supplies. The standard industrial template fits: net sales, cost of sales, gross profit, selling, general and administrative expenses, operating income and net income, with per-share amounts, a balance sheet and a cash flow statement. Line items carry the names the company's own statements use. |
| Reporting currency | USD |
| Converted to USD | no |
| Units | actual dollars (not millions); share counts in actual shares; per-share amounts in dollars |
| Fiscal calendar note | Fastenal's fiscal year is the calendar year, ending December 31. Its second quarter ends June 30. |
FAST annual income statement, balance sheet and cash flow
| FY2025 | FY2024 | FY2023 | |
|---|---|---|---|
| Period start | 2025-01-01 | 2024-01-01 | 2023-01-01 |
| Period end | 2025-12-31 | 2024-12-31 | 2023-12-31 |
| Period type | fiscal year | fiscal year | fiscal year |
| Source accession | 10-K | 10-K | 10-K |
| Source form | 10-K filed 2026-02-05 | 10-K filed 2026-02-05 | 10-K filed 2026-02-05 |
| Income statement | |||
| Net sales | 8,200,500,000 | 7,546,000,000 | 7,346,700,000 |
| Cost of sales | 4,509,300,000 | 4,144,100,000 | 3,992,200,000 |
| Gross profit | 3,691,200,000 | 3,401,900,000 | 3,354,500,000 |
| Selling general and administrative expenses | 2,035,500,000 | 1,891,900,000 | 1,825,800,000 |
| Operating income | 1,655,700,000 | 1,510,000,000 | 1,528,700,000 |
| Interest income | 5,500,000 | 5,400,000 | 4,100,000 |
| Interest expense | -6,200,000 | -7,300,000 | -10,800,000 |
| Income before income taxes | 1,655,000,000 | 1,508,100,000 | 1,522,000,000 |
| Income tax expense | 396,600,000 | 357,500,000 | 367,000,000 |
| Net income | 1,258,400,000 | 1,150,600,000 | 1,155,000,000 |
| Basic EPS | 1.10 | 1.00 | 1.01 |
| Diluted EPS | 1.09 | 1.00 | 1.01 |
| Basic shares | 1,147,600,000 | 1,145,400,000 | 1,142,500,000 |
| Diluted shares | 1,150,300,000 | 1,148,600,000 | 1,146,000,000 |
| Balance sheet | |||
| Cash and cash equivalents | 276,800,000 | 255,800,000 | |
| Trade accounts receivable net | 1,245,300,000 | 1,108,600,000 | |
| Inventories | 1,748,000,000 | 1,645,000,000 | |
| Total current assets | 3,472,100,000 | 3,211,900,000 | |
| Property and equipment net | 1,131,600,000 | 1,056,600,000 | |
| Operating lease right of use assets | 309,000,000 | 279,200,000 | |
| Total assets | 5,052,900,000 | 4,698,000,000 | |
| Current portion of debt | 25,000,000 | 75,000,000 | |
| Accounts payable | 316,800,000 | 287,700,000 | |
| Accrued expenses | 264,700,000 | 225,600,000 | |
| Current portion of operating lease liabilities | 106,100,000 | 98,800,000 | |
| Total current liabilities | 715,600,000 | 687,100,000 | |
| Long term debt | 100,000,000 | 125,000,000 | |
| Operating lease liabilities | 210,800,000 | 186,600,000 | |
| Deferred income taxes | 67,400,000 | 68,900,000 | |
| Other long term liabilities | 15,500,000 | 14,100,000 | |
| Retained earnings | 3,867,700,000 | 3,613,500,000 | |
| Total stockholders equity | 3,943,600,000 | 3,616,300,000 | |
| Total liabilities and stockholders equity | 5,052,900,000 | 4,698,000,000 | |
| Total debt | 125,000,000 | 200,000,000 | |
| Total liabilities | 1,109,300,000 | 1,081,700,000 | |
| Common shares outstanding | 1,148,057,473 | 1,146,640,904 | |
| Cash flow | |||
| Depreciation of property and equipment | 168,500,000 | 164,700,000 | 166,600,000 |
| Stock based compensation | 8,400,000 | 8,000,000 | 7,300,000 |
| Operating cash flow | 1,295,900,000 | 1,173,300,000 | 1,432,700,000 |
| Capital expenditures | -245,300,000 | -226,500,000 | -172,800,000 |
| Proceeds from sale of property and equipment | 14,800,000 | 12,400,000 | 12,200,000 |
| Investing cash flow | -231,000,000 | -214,500,000 | -161,200,000 |
| Proceeds from debt obligations | 1,105,000,000 | 775,000,000 | 880,000,000 |
| Payments against debt obligations | -1,180,000,000 | -835,000,000 | -1,175,000,000 |
| Dividends paid | -1,004,200,000 | -893,300,000 | -1,016,800,000 |
| Financing cash flow | -1,054,900,000 | -913,700,000 | -1,281,700,000 |
| Cash and cash equivalents end of period | 276,800,000 | 255,800,000 | 221,300,000 |
| Dividends per share | 0.875 | 0.780 | 0.890 |
| Free cash flow | 1,050,600,000 | 946,800,000 | 1,259,900,000 |
FAST quarterly income statement, balance sheet and cash flow
| Q2 FY2026 | Q2 FY2025 | |
|---|---|---|
| Fiscal quarter | 2 | 2 |
| Period start | 2026-04-01 | 2025-04-01 |
| Period end | 2026-06-30 | 2025-06-30 |
| Period type | three months | three months |
| Source accession | 10-Q | 10-Q |
| Source form | 10-Q filed 2026-07-16 | 10-Q filed 2026-07-16 |
| Income statement | ||
| Net sales | 2,386,900,000 | 2,080,300,000 |
| Cost of sales | 1,323,300,000 | 1,137,500,000 |
| Gross profit | 1,063,600,000 | 942,800,000 |
| Selling general and administrative expenses | 561,800,000 | 506,700,000 |
| Operating income | 501,800,000 | 436,100,000 |
| Interest income | 1,500,000 | 2,700,000 |
| Interest expense | -1,200,000 | -2,200,000 |
| Income before income taxes | 502,100,000 | 436,600,000 |
| Income tax expense | 119,300,000 | 106,300,000 |
| Net income | 382,800,000 | 330,300,000 |
| Basic EPS | 0.33 | 0.29 |
| Diluted EPS | 0.33 | 0.29 |
| Basic shares | 1,147,600,000 | 1,147,500,000 |
| Diluted shares | 1,150,300,000 | 1,150,100,000 |
| Balance sheet | ||
| Cash and cash equivalents | 204,700,000 | |
| Trade accounts receivable net | 1,557,400,000 | |
| Inventories | 1,735,200,000 | |
| Total current assets | 3,685,500,000 | |
| Property and equipment net | 1,158,000,000 | |
| Operating lease right of use assets | 313,400,000 | |
| Total assets | 5,293,500,000 | |
| Current portion of debt | 70,000,000 | |
| Accounts payable | 399,800,000 | |
| Accrued expenses | 288,700,000 | |
| Current portion of operating lease liabilities | 107,000,000 | |
| Total current liabilities | 881,800,000 | |
| Long term debt | 50,000,000 | |
| Operating lease liabilities | 214,500,000 | |
| Deferred income taxes | 65,700,000 | |
| Other long term liabilities | 12,700,000 | |
| Retained earnings | 4,039,400,000 | |
| Total stockholders equity | 4,068,800,000 | |
| Total liabilities and stockholders equity | 5,293,500,000 | |
| Total debt | 120,000,000 | |
| Total liabilities | 1,224,700,000 | |
| Common shares outstanding | 1,147,494,415 | |
| Cash flow | ||
| Depreciation of property and equipment | 42,800,000 | 42,400,000 |
| Stock based compensation | 2,600,000 | 2,000,000 |
| Operating cash flow | 265,700,000 | 278,600,000 |
| Capital expenditures | -64,100,000 | -69,300,000 |
| Proceeds from sale of property and equipment | 3,600,000 | 5,000,000 |
| Investing cash flow | -62,500,000 | -64,400,000 |
| Proceeds from debt obligations | 360,000,000 | 520,000,000 |
| Payments against debt obligations | -365,000,000 | -490,000,000 |
| Dividends paid | -275,400,000 | -252,500,000 |
| Financing cash flow | -307,600,000 | -216,400,000 |
| Cash and cash equivalents end of period | 204,700,000 | 237,800,000 |
| Dividends per share | 0.24 | 0.22 |
| Purchases of common stock | -30,000,000 | 0 |
| Free cash flow | 201,600,000 | 209,300,000 |
FAST year-to-date income statement and cash flow
| Six months ended June 30, 2026 | Six months ended June 30, 2025 | |
|---|---|---|
| Period start | 2026-01-01 | 2025-01-01 |
| Period end | 2026-06-30 | 2025-06-30 |
| Period type | six months | six months |
| Source accession | 10-Q | 10-Q |
| Source form | 10-Q filed 2026-07-16 | 10-Q filed 2026-07-16 |
| Income statement | ||
| Net sales | 4,588,600,000 | 4,039,700,000 |
| Cost of sales | 2,542,000,000 | 2,213,000,000 |
| Gross profit | 2,046,600,000 | 1,826,700,000 |
| Selling general and administrative expenses | 1,097,200,000 | 996,700,000 |
| Operating income | 949,400,000 | 830,000,000 |
| Interest income | 3,100,000 | 3,600,000 |
| Interest expense | -2,100,000 | -3,800,000 |
| Income before income taxes | 950,400,000 | 829,800,000 |
| Income tax expense | 227,800,000 | 200,900,000 |
| Net income | 722,600,000 | 628,900,000 |
| Basic EPS | 0.63 | 0.55 |
| Diluted EPS | 0.63 | 0.55 |
| Basic shares | 1,147,900,000 | 1,147,200,000 |
| Diluted shares | 1,150,600,000 | 1,149,800,000 |
| Cash flow | ||
| Depreciation of property and equipment | 84,800,000 | 84,400,000 |
| Stock based compensation | 5,200,000 | 4,100,000 |
| Operating cash flow | 644,100,000 | 540,800,000 |
| Capital expenditures | -123,000,000 | -125,000,000 |
| Proceeds from sale of property and equipment | 4,800,000 | 6,900,000 |
| Investing cash flow | -120,200,000 | -118,300,000 |
| Proceeds from debt obligations | 407,000,000 | 675,000,000 |
| Payments against debt obligations | -412,000,000 | -645,000,000 |
| Dividends paid | -550,900,000 | -499,100,000 |
| Financing cash flow | -595,900,000 | -451,800,000 |
| Cash and cash equivalents end of period | 204,700,000 | 237,800,000 |
| Dividends per share | 0.480 | 0.435 |
| Purchases of common stock | -50,300,000 | 0 |
| Free cash flow | 521,100,000 | 415,800,000 |
FAST trailing twelve month income statement and cash flow
| Trailing twelve months ended June 30, 2026 | |
|---|---|
| Period start | 2025-07-01 |
| Period end | 2026-06-30 |
| Period type | trailing twelve months |
| Source accession | 10-Q |
| Income statement | |
| Net sales | 8,749,400,000 |
| Cost of sales | 4,838,300,000 |
| Gross profit | 3,911,100,000 |
| Selling general and administrative expenses | 2,136,000,000 |
| Operating income | 1,775,100,000 |
| Interest income | 5,000,000 |
| Interest expense | -4,500,000 |
| Income before income taxes | 1,775,600,000 |
| Income tax expense | 423,500,000 |
| Net income | 1,352,100,000 |
| Cash flow | |
| Operating cash flow | 1,399,200,000 |
| Capital expenditures | -243,300,000 |
| Free cash flow | 1,155,900,000 |
| Depreciation of property and equipment | 168,900,000 |
| Dividends paid | -1,056,000,000 |
| Dividends per share | 0.92 |
- Source form. derived from the 10-Q filed 2026-07-16 (accession 0000815556-26-000041) and the 10-K filed 2026-02-05 (accession 0000815556-26-000009)
Adjustments
| Splits applied | none |
|---|---|
| ADR ratio | n/a |
| FX | None. Fastenal reports in U.S. dollars, so no currency conversion was applied. |
Notes
- Annual figures for fiscal 2025, 2024 and 2023 come from the consolidated statements in Fastenal's FY2025 Form 10-K (accession 0000815556-26-000009). The 10-K presents three years of income and cash flow statements but only two balance sheet dates (December 31, 2025 and 2024), so fiscal 2023 carries no balance sheet here.
- Quarterly and six-month figures come from the condensed consolidated statements in the Form 10-Q for the quarter ended June 30, 2026 (accession 0000815556-26-000041). That filing prints its six-month columns first and its three-month columns second; the 'Q2' entries are the three months ended June 30 (April 1 to June 30) and the six-month columns sit in the year-to-date block. The 10-Q's December 31, 2025 balance sheet column matches the FY2025 10-K figures exactly.
- Both filings state amounts in millions of dollars except share and per-share information; weighted average share counts are also printed in millions. Every figure here has been converted to actual dollars and actual shares.
- Outflows are stored as negative numbers, as the cash flow statements present them (purchases of property and equipment, dividends paid, debt payments, purchases of common stock). Interest expense is likewise stored as a negative number, as the income statements present it.
- Free cash flow is not a line Fastenal's statements print. It is calculated here as net cash provided by operating activities less purchases of property and equipment (gross, before proceeds from sales of property and equipment).
- Total debt is the sum of the balance sheet's current portion of debt and long-term debt. Total liabilities is not printed on Fastenal's balance sheet; it is the sum of total current liabilities, long-term debt, operating lease liabilities, deferred income taxes and other long-term liabilities, and equals total liabilities and stockholders' equity less total stockholders' equity.
- Common shares outstanding are the issued and outstanding counts printed in the common stock caption of each balance sheet. Dividends per share are the cash dividends paid per share of common stock printed in the statements of stockholders' equity.
- Fastenal completed a two-for-one stock split effective at the close of business on May 21, 2025. Both filings present every share and per-share figure, including those for periods before the split, on the post-split basis, so no further adjustment was made.
- The 10-Q shows purchases of common stock of $30.0 million in the second quarter of 2026 and $50.3 million in the first six months of 2026, and a dash (none) for both 2025 periods. The FY2025 10-K cash flow statement has no share repurchase line for 2023 through 2025.
- The trailing twelve months ended June 30, 2026 are calculated as fiscal 2025 plus the six months ended June 30, 2026 less the six months ended June 30, 2025. They are not printed in either filing. Trailing dividends per share ($0.920) are calculated the same way from the per-share dividends in the statements of stockholders' equity. No trailing per-share earnings figure is given, because neither filing prints a weighted share count for that span.
- Fastenal is presented with the standard industrial template (net sales, cost of sales, gross profit, operating income, net income and per-share earnings; balance sheet; cash flow), using the line names from its own statements, because it is a wholesale distributor of industrial and construction supplies.
Uncertainties
- Free cash flow, total debt, total liabilities and all trailing-twelve-month figures are calculated from printed lines rather than printed themselves; the method for each is described in the notes.
Company details
| Name | Fastenal Co |
|---|---|
| Ticker | FAST |
| CIK | 0000815556 |
| Exchange | Nasdaq |
| State | Minnesota |
| Incorporation | Minnesota |
| SIC | 5200 |
| Office | Trade & Services |
| Industry | Retail-Building Materials, Hardware, Garden Supply |
Fiscal period
| Fiscal year | 2026 |
|---|---|
| Fiscal period | Q2 |
| Tag | FY26Q2 |
| Period end | 2026-06-30 |
| Form | 10-Q |
| Accession | 0000815556-26-000041 |
| Fiscal year end | 1231 |
| Source | facts |
Source filings
| Role | Current | Form | Fiscal year | Fiscal period | Tag | Period end | Filed | Accession | Source |
|---|---|---|---|---|---|---|---|---|---|
| annual | no | 10-K | 2025 | FY | FY25 | 2025-12-31 | 2026-02-05 | 0000815556-26-000009 | reported |
| quarterly | yes | 10-Q | 2026 | Q2 | FY26Q2 | 2026-06-30 | 2026-07-16 | 0000815556-26-000041 | facts |
FAQ · Fastenal financial statements
How much revenue did Fastenal make in Q2 FY2026?
Fastenal Company reported net sales of $2.39 billion for Q2 FY2026, the quarter ended June 30, 2026. That was up 14.7% from $2.08 billion in the same quarter a year earlier.
What was Fastenal's net income in Q2 FY2026?
Fastenal Company earned net income of $382.8 million in Q2 FY2026, the quarter ended June 30, 2026, up 15.9% from $330.3 million a year earlier.
What were Fastenal's earnings per share for Q2 FY2026?
Fastenal Company reported diluted earnings per share of $0.33 for Q2 FY2026, compared with $0.29 in the same quarter a year earlier.
What was Fastenal's operating income in Q2 FY2026?
Fastenal Company's operating income was $501.8 million in Q2 FY2026, up 15.1% from $436.1 million a year earlier, as selling, general and administrative expenses fell as a share of net sales while gross margin narrowed.
Where can I get Fastenal Company (FAST) financial data in machine-readable form?
Ticker Scout publishes Fastenal Company's financial statements as JSON at https://tickerscout.ai/fast/financials.json, free, with no API key and no signup. The 10-K and 10-Q narrative and the 8-K events digest are published as Markdown at https://tickerscout.ai/fast/narrative.md and https://tickerscout.ai/fast/events.md. Fastenal Company's SEC CIK is 0000815556. Every figure cites the SEC accession number it came from, so it can be checked against sec.gov.
When does Fastenal Company (FAST) next file with the SEC?
Fastenal Company (FAST) is due to file its next Form 10-Q with the SEC. The projected date, October 15, 2026, has passed, which means the filing is due or overdue rather than already reported here. That date is a projection rather than a company-announced date: it is derived from Fastenal Company's own filing history with the SEC, by taking the date the company filed the same fiscal period a year earlier and adding 52 weeks. The most recent periodic report on file is the 10-Q for Q2 FY2026, the period ended 2026-06-30, SEC accession 0000815556-26-000041.
How this page was built
This page was built from two of Fastenal Company's own filings with the SEC, read one at a time. Nothing on it is taken from a pre-tagged dataset, a data vendor or another website. The figures are on the company's own fiscal calendar and in actual dollars, as the filings report them. Where the filings do not support a figure, the record says so instead of reporting a zero; this period names one such gap.
A single company files thousands of pages with the SEC in a year, and no two companies file them the same way, so the reading and the assembly here are done by AI rather than by rules that break on the differences. Every pass is then audited back against the filings it came from before the page is published, and anything the filings do not support is left out and named rather than filled in. AI can still make mistakes. That is why the accession numbers are printed: the filing is the authority, and this page is a route to it.
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Built from Fastenal Company's SEC filings by Ticker Scout; accession numbers are cited throughout so every figure can be checked against sec.gov. Free to cite with attribution: Ticker Scout (tickerscout.ai). Not investment advice, see the Disclaimer.