IntrinsicIntrinsic

Earnings ·

Fastenal reports Q3 net income of $401.6M and daily sales growth of 15.5%

FASTFastenal Co

Fastenal Company reported third-quarter fiscal 2026 results with net income of $401.6 million, or $0.35 per diluted share, up from $335.5 million in the prior year period. Net sales increased 15.5% to $2,463.3 million, driven by a 15.5% rise in daily sales rate, pricing actions, and share gains with larger customers. Operating margin expanded 90 basis points year-over-year to 21.5%, as SG&A expense leverage offset customer mix-related gross margin pressure. The company generated $422 million in operating cash flow, representing 105% of net income, and returned $328 million to shareholders through dividends and share repurchases. Fastenal operates in the industrial supply chain sector, providing fasteners, safety supplies, and tools.

More from Fastenal Co

Explore FAST