FASTENAL (FAST) Company Report

Revenues rose 21.0% to $113.3 M, driven by Broadcast and FAST channel growth.
Adjusted EBITDA increased 16.3% to $39.5 M (34.9% margin).
Net income more than doubled to $11.8 M, or $0.17 per diluted share.
Operating cash flow climbed to $24.3 M, while adjusted free cash flow reached $28.4 M.
Declared a 13.3% dividend increase to $0.085/share, repurchased 311,500 shares for $3.1 M, and secured a US$150 M term loan to finance the TuneIn acquisition.

Nov 11, 2025, 10:30 PM

Press Release

Fastenal reports Q3 2025 earnings

FAST

Earnings

Dividends

Net sales increased 11.7% year-over-year to $2,133.3 million in Q3 2025, and nine-month sales rose 7.9% to $6,173.1 million.
Net income was $335.5 million, up 12.6%, with diluted EPS of $0.29 versus $0.26 a year ago.
Gross profit margin expanded to 45.3% from 44.9%, and operating margin improved to 20.7% from 20.3%.
Operating cash flow of $386.9 million covered 115.3% of net income; the company returned $252.5 million in dividends and reduced total debt to $195.0 million (4.8% of capital).

Oct 14, 2025, 1:20 PM

8-K

Fastenal reports Q3 2025 earnings results

FAST

Earnings

Dividends

Net sales rose 11.7%, driven by market share gains and new contract signings; pricing contributed 240–270 bps.
EPS increased to $0.29, up 12.3% year-over-year.
Gross margin expanded to 45.3% and operating margin to 20.7%.
Operating cash flow was $386.9 million (115.3% of net income); declared a $0.22 dividend for 4Q25 and plans to return over $1 billion in dividends in 2025.

Oct 13, 2025, 2:00 PM

Presentation

Fastenal reports Q3 2025 earnings

FAST

Earnings

Net sales reached $2,133.3 million, up 11.7% year-over-year; daily sales rate rose to $33.3 million (11.7% growth).
Net income was $335.5 million, a 12.6% increase, and diluted EPS grew to $0.29 from $0.26.
Gross profit margin expanded to 45.3% (from 44.9%) and operating margin improved to 20.7% (from 20.3%).
Operating cash flow totaled $386.9 million, up 30.3%, representing 115.3% of net income.

Oct 13, 2025, 10:50 AM

Press Release

Fastenal announces Q3 2025 dividend

FAST

Dividends

Share Buyback

Board declared a $0.22 per share cash dividend for Q3 2025, payable August 26, 2025 to shareholders of record July 29, 2025.
Year-to-date 2025 regular dividends were $0.215 in Q1 and $0.220 in Q2, totaling $0.655 per share.
2025 dividends paid to date amounted to $751.5 million, and the company did not repurchase any shares in Q2 2025.
All share and per-share figures reflect the two-for-one stock split effective May 21, 2025.

Jul 11, 2025, 8:05 PM

Press Release

Fastenal Announces Corporate Actions & Operational Milestones

FAST

Proxy Vote Outcomes

Auditor Change

Board Change

New Projects/Investments

Fastenal announces a two-for-one forward stock split of Common Stock, effective at the close of business on May 21, 2025 (record date May 5, 2025), with adjustments to equity compensation plans—celebrated as a recognition of long-term employee commitment and shareholder value [doc index 5] .
The company updated its Restated Articles of Incorporation to reflect a revised share structure post-split [doc index 1] [doc index 2].
Significant operational milestones were achieved, including 130,000 FMI device installs and the opening of a new 100,000+ sq ft facility in Monterrey .
Strategic digital advancements were unveiled, incorporating AI-driven quoting tools, replatforming the FAST 360 portal, modernizing the FASTCrib system, and launching an employee engagement application .
At its Annual Meeting, shareholders approved director elections and ratified PricewaterhouseCoopers LLP as the independent auditor for the fiscal year ending December 31, 2025 [doc index 6].

Apr 25, 2025, 12:00 AM

8-K Transcript

Fastenal Q1 2025 Earnings & Operational Update

FAST

Earnings

Demand Weakening

Revenue Acceleration/Inflection

Dividends

Net sales reached $1,959.4 million in Q1 2025, up 3.4% YoY with daily sales growing by 5.0% despite sluggish end-market demand .
Recorded operating income of $393.9 million (20.1% margin) and net income of $298.7 million, with diluted EPS of $0.52 .
Operating margin declined from 20.6% in Q1 2024 to 20.1% in Q1 2025, and gross margin slipped from 45.5% to 45.1% due to cost pressures, one less selling day, and product mix changes .
Management implemented tariff-related pricing actions, projecting a 3-4% impact in Q2, and increased inventories by 11.9% to support supply chain needs .
Distributed $246.7 million in dividends this quarter and raised the quarterly dividend to $0.44, setting a pace to return over $1B to shareholders in 2025 .
A modest rise in SG&A expenses amid challenging market conditions underscores a period of cautious yet steady growth .

Apr 11, 2025, 2:01 PM

Transcript Presentation 8-K

Fastenal Appoints Interim CFO

FAST

CFO Change

Executive Compensation

Management Change

Sheryl A. Lisowski has been named interim Chief Financial Officer, effective April 17, 2025, while retaining her role as Executive Vice President – Chief Accounting Officer and Treasurer.
Her base salary will increase from $320,000 to $440,000 with a new quarterly cash incentive bonus tied to company performance.
The report, filed on April 10, 2025, reflects a significant management change by the Fastenal Board.

Apr 10, 2025, 12:00 AM

8-K

Fastenal outlines strategic initiatives at 2025 Analyst Day

FAST

Revenue Acceleration/Inflection

New Projects/Investments

Product Launch

Strategic model shift: Fastenal is transitioning from a traditional retail (CSP) approach to a key account–centered strategy via its Focus40 initiative and global partnerships (e.g., in Mexico) to achieve double-digit revenue growth.
Innovative supply chain tools: Executives showcased an enhanced toolbox—including FASTCrib, FMI solutions, and revamped eBusiness capabilities—designed to streamline operations and deliver tailored supply chain solutions.
Data-driven technological enhancements: The call emphasized leveraging AI and advanced data analytics to boost operational efficiency, optimize inventory management, and improve customer engagement across markets.

Mar 13, 2025, 1:31 PM

Transcript

Fastenal Delivers Strategic Business Update

FAST

New Projects/Investments

Revenue Acceleration/Inflection

Investor Presentation on March 13, 2025 delivered key updates on the company's strategic alignment, including a transformation of its contract sales model and initiatives aimed at sustaining double-digit sales growth.
Digital and Supply Chain Innovation was emphasized with advances in digital solutions such as FAST360 and enhanced data analytics to improve supply chain efficiency and customer engagement.

Mar 13, 2025, 12:00 AM

8-K

Earnings Transcripts

Quarterly earnings call transcripts for FASTENAL.

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