FastenalFASTEarnings & Financial Report
Fastenal Company is an American publicly traded company based in Winona, Minnesota, founded in 1967. Fastenal is a major distributor of industrial and construction supplies, and the largest fastener distributor in North America. Fastenal provides supply chain solutions including bin stock, vending machines, inventory management, and logistics services.
Revenue
$1.9B
Gross Profit
$850.0M
Operating Profit
$393.2M
Net Profit
$295.1M
Gross Margin
45.7%
Operating Margin
21.2%
Net Margin
15.9%
YoY Growth
9.1%
EPS
$0.52
Financial Flow
Fastenal Q1 2023 Financial Summary
Fastenal reported revenue of $1.9B for Q1 2023, with a net profit of $295.1M (15.9% margin). Cost of goods sold was $1.0B, operating expenses totaled $456.8M.
Key Financial Metrics
| Total Revenue | $1.9B |
|---|---|
| Net Profit | $295.1M |
| Gross Margin | 45.7% |
| Operating Margin | 21.2% |
| Report Period | Q1 2023 |
Fastenal Annual Revenue by Year
Fastenal annual revenue history includes year-by-year totals (for example, 2025 revenue was $8.2B).
| Year | Annual Revenue |
|---|---|
| 2025 | $8.2B |
| 2024 | $7.5B |
| 2023 | $7.3B |
| 2022 | $7.0B |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.92B | $1.91B | $1.82B | $1.96B | $2.08B | $2.13B | $2.03B | $2.03B |
| YoY Growth | 1.8% | 3.5% | 3.7% | 3.4% | 8.6% | 11.7% | 11.1% | 3.5% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $4.60B | $4.74B | $4.70B | $4.87B | $5.02B | $5.12B | $5.05B | $5.05B |
| Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Equity | $3.50B | $3.60B | $3.62B | $3.69B | $3.81B | $3.89B | $3.94B | $3.94B |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $258.0M | $296.9M | $282.8M | $262.2M | $278.6M | $386.9M | $368.2M | $368.2M |
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