Fastenal Company (FAST) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 2.2B | 2.03B | 2.13B | 2.08B | 1.96B | 1.82B | 1.91B | 1.92B | 1.9B | 1.76B | 1.85B | 1.88B | 1.86B | 1.7B | 1.8B | 1.78B | 1.7B | 1.53B | 1.55B | 1.51B |
| Revenue Growth % | 12.37% | 11.12% | 11.68% | 8.56% | 3.39% | 3.75% | 3.48% | 1.76% | 1.94% | 3.72% | 2.41% | 5.88% | 9.1% | 10.69% | 15.97% | 17.97% | 20.26% | 12.81% | 9.97% | -0.09% |
| Cost of Goods Sold | 1.22B | 1.13B | 1.17B | 1.14B | 1.08B | 1.01B | 1.05B | 1.05B | 1.03B | 959.2M | 998.3M | 1.03B | 1.01B | 927.2M | 975.9M | 951M | 910.8M | 819M | 834M | 807M |
| COGS % of Revenue | 55.36% | 55.67% | 54.73% | 54.68% | 54.89% | 55.15% | 55.05% | 54.94% | 54.54% | 54.54% | 54.08% | 54.46% | 54.28% | 54.68% | 54.14% | 53.47% | 53.45% | 53.46% | 53.66% | 53.53% |
| Gross Profit | 982.9M | 898.7M | 965.8M | 942.8M | 883.9M | 818.2M | 858.6M | 863.5M | 861.6M | 799.4M | 847.6M | 857.5M | 850M | 768.4M | 826.5M | 827.6M | 793.3M | 712.9M | 720.2M | 700.7M |
| Gross Margin % | 44.64% | 44.33% | 45.27% | 45.32% | 45.11% | 44.85% | 44.95% | 45.06% | 45.46% | 45.46% | 45.92% | 45.54% | 45.72% | 45.32% | 45.86% | 46.53% | 46.55% | 46.54% | 46.34% | 46.47% |
| Gross Profit Growth % | 11.2% | 9.84% | 12.49% | 9.18% | 2.59% | 2.35% | 1.3% | 0.7% | 1.36% | 4.03% | 2.55% | 3.61% | 7.15% | 7.79% | 14.76% | 18.11% | 23.3% | 15.21% | 12.43% | 4.33% |
| Operating Expenses | 535.3M | 514.4M | 524.3M | 506.7M | 490M | 473.4M | 470.5M | 476.6M | 471.4M | 445.6M | 460.9M | 462.6M | 456.8M | 435.5M | 447.3M | 444.2M | 435.3M | 412M | 401.8M | 382.9M |
| OpEx % of Revenue | 24.31% | 25.37% | 24.58% | 24.36% | 25.01% | 25.95% | 24.63% | 24.87% | 24.87% | 25.34% | 24.97% | 24.57% | 24.57% | 25.68% | 24.82% | 24.97% | 25.54% | 26.89% | 25.85% | 25.4% |
| Selling, General & Admin | 535.3M | 514.4M | 524.3M | 506.7M | 490M | 473.4M | 470.5M | 476.6M | 471.4M | 445.6M | 460.9M | 462.6M | 456.8M | 435.5M | 447.3M | 444.2M | 435.3M | 412M | 401.8M | 382.9M |
| SG&A % of Revenue | 24.31% | 25.37% | 24.58% | 24.36% | 25.01% | 25.95% | 24.63% | 24.87% | 24.87% | 25.34% | 24.97% | 24.57% | 24.57% | 25.68% | 24.82% | 24.97% | 25.54% | 26.89% | 25.85% | 25.4% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 447.6M | 384.3M | 441.5M | 436.1M | 393.9M | 344.8M | 388.1M | 386.9M | 390.2M | 353.8M | 386.7M | 394.9M | 393.2M | 332.9M | 379.2M | 383.4M | 358M | 300.9M | 318.4M | 317.8M |
| Operating Margin % | 20.33% | 18.96% | 20.7% | 20.96% | 20.1% | 18.9% | 20.32% | 20.19% | 20.59% | 20.12% | 20.95% | 20.97% | 21.15% | 19.63% | 21.04% | 21.56% | 21.01% | 19.64% | 20.49% | 21.08% |
| Operating Income Growth % | 13.63% | 11.46% | 13.76% | 12.72% | 0.95% | -2.54% | 0.36% | -2.03% | -0.76% | 6.28% | 1.98% | 3% | 9.83% | 10.63% | 19.1% | 20.64% | 27.72% | 13.8% | 9.76% | 0.57% |
| EBITDA | 492.2M | 428.8M | 486.5M | 481.2M | 438.6M | 389.2M | 432.5M | 430.6M | 433.1M | 397M | 431.4M | 439.8M | 437.7M | 377.6M | 423.3M | 427.3M | 401.9M | 344.5M | 361.2M | 360.1M |
| EBITDA Margin % | 22.36% | 21.15% | 22.8% | 23.13% | 22.38% | 21.33% | 22.64% | 22.47% | 22.85% | 22.57% | 23.37% | 23.36% | 23.54% | 22.27% | 23.49% | 24.02% | 23.58% | 22.49% | 23.24% | 23.88% |
| EBITDA Growth % | 12.22% | 10.17% | 12.49% | 11.75% | 1.27% | -1.96% | 0.26% | -2.09% | -1.05% | 5.14% | 1.91% | 2.93% | 8.91% | 9.61% | 17.19% | 18.66% | 24.7% | 12.43% | 9.06% | 0.95% |
| D&A (Non-Cash Add-back) | 44.6M | 44.5M | 45M | 45.1M | 44.7M | 44.4M | 44.4M | 43.7M | 42.9M | 43.2M | 44.7M | 44.9M | 44.5M | 44.7M | 44.1M | 43.9M | 43.9M | 43.6M | 42.8M | 42.3M |
| EBIT | 447.5M | 385.5M | 442.2M | 438.8M | 394.8M | 346M | 389.4M | 388.2M | 391.8M | 356.1M | 387.5M | 395.5M | 393.6M | 333.2M | 379.4M | 383.5M | 358.1M | 300.9M | 318.5M | 317.8M |
| Net Interest Income | 2.4M | 300K | -900K | 500K | -800K | -500K | -500K | -500K | -400K | 400K | -1.3M | -2.3M | -3.5M | -4.7M | -3.9M | -2.7M | -2.3M | -2.4M | -2.3M | -2.6M |
| Interest Income | 1.6M | 1.2M | 700K | 2.7M | 900K | 1.2M | 1.3M | 1.3M | 1.6M | 2.3M | 800K | 600K | 400K | 300K | 200K | 100K | 100K | 0 | 100K | 0 |
| Interest Expense | -800K | 900K | 1.6M | 2.2M | 1.7M | 1.7M | 1.8M | 1.8M | 2M | 1.9M | 2.1M | 2.9M | 3.9M | 5M | 4.1M | 2.8M | 2.4M | 2.4M | 2.4M | 2.6M |
| Other Income/Expense | 700K | 300K | -900K | 500K | -800K | -500K | -500K | -500K | -400K | 400K | -1.3M | -2.3M | -3.5M | -4.7M | -3.9M | -2.7M | -2.3M | -2.4M | -2.3M | -2.6M |
| Pretax Income | 448.3M | 384.6M | 440.6M | 436.6M | 393.1M | 344.3M | 387.6M | 386.4M | 389.8M | 354.2M | 385.4M | 392.6M | 389.7M | 328.2M | 375.3M | 380.7M | 355.7M | 298.5M | 316.1M | 315.2M |
| Pretax Margin % | 20.36% | 18.97% | 20.65% | 20.99% | 20.06% | 18.87% | 20.29% | 20.16% | 20.57% | 20.14% | 20.88% | 20.85% | 20.96% | 19.36% | 20.82% | 21.4% | 20.87% | 19.49% | 20.34% | 20.91% |
| Income Tax | 108.6M | 90.5M | 105.1M | 106.3M | 94.4M | 82.2M | 89.5M | 93.7M | 92.1M | 87.8M | 89.9M | 94.6M | 94.6M | 82.6M | 90.7M | 93.6M | 86.1M | 67.3M | 72.6M | 75.5M |
| Effective Tax Rate % | 24.22% | 23.53% | 23.85% | 24.35% | 24.01% | 23.87% | 23.09% | 24.25% | 23.63% | 24.79% | 23.33% | 24.1% | 24.28% | 25.17% | 24.17% | 24.59% | 24.21% | 22.55% | 22.97% | 23.95% |
| Net Income | 339.8M | 294.1M | 335.5M | 330.3M | 298.7M | 262.1M | 298.1M | 292.7M | 297.7M | 266.4M | 295.5M | 298M | 295.1M | 245.6M | 284.6M | 287.1M | 269.6M | 231.2M | 243.5M | 239.7M |
| Net Margin % | 15.43% | 14.51% | 15.73% | 15.88% | 15.24% | 14.37% | 15.61% | 15.28% | 15.71% | 15.15% | 16.01% | 15.82% | 15.87% | 14.48% | 15.79% | 16.14% | 15.82% | 15.09% | 15.67% | 15.9% |
| Net Income Growth % | 13.76% | 12.21% | 12.55% | 12.85% | 0.34% | -1.61% | 0.88% | -1.78% | 0.88% | 8.47% | 3.83% | 3.8% | 9.46% | 6.23% | 16.88% | 19.77% | 28.02% | 17.9% | 9.93% | 0.33% |
| Net Income (Continuing) | 339.8M | 294.1M | 335.5M | 330.3M | 298.7M | 262.1M | 298.1M | 292.7M | 297.7M | 266.4M | 295.5M | 298M | 295.1M | 245.6M | 284.6M | 287.1M | 269.6M | 231.2M | 243.5M | 239.7M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.30 | 0.26 | 0.29 | 0.29 | 0.26 | 0.23 | 0.26 | 0.25 | 0.26 | 0.23 | 0.26 | 0.26 | 0.26 | 0.22 | 0.25 | 0.25 | 0.24 | 0.20 | 0.21 | 0.21 |
| EPS Growth % | 15.38% | 13.04% | 11.54% | 16% | 0% | 0% | 0% | -3.85% | 0% | 6.98% | 4% | 4% | 10.64% | 7.5% | 19.05% | 19.05% | 27.03% | 17.65% | 10.53% | 0% |
| EPS (Basic) | 0.30 | 0.26 | 0.29 | 0.29 | 0.26 | 0.23 | 0.26 | 0.26 | 0.26 | 0.23 | 0.26 | 0.26 | 0.26 | 0.22 | 0.25 | 0.25 | 0.24 | 0.20 | 0.21 | 0.21 |
| Diluted Shares Outstanding | 1.15B | 1.15B | 1.15B | 1.15B | 1.15B | 1.15B | 1.15B | 1.15B | 1.15B | 1.15B | 1.15B | 1.15B | 1.15B | 1.15B | 1.15B | 1.15B | 1.16B | 1.16B | 1.15B | 1.15B |
| Basic Shares Outstanding | 1.15B | 1.15B | 1.15B | 1.15B | 1.15B | 1.15B | 1.15B | 1.15B | 1.15B | 1.14B | 1.14B | 1.14B | 1.14B | 1.14B | 1.15B | 1.15B | 1.15B | 1.15B | 1.15B | 1.15B |
| Dividend Payout Ratio | 81.11% | 85.89% | 75.26% | 76.45% | 82.59% | 85.23% | 74.94% | 76.29% | 74.97% | 156.64% | 67.61% | 67.08% | 67.71% | 72.03% | 62.37% | 62.17% | 66.17% | 69.68% | 66.12% | 67.08% |