Quarterly ResultJul 14, 2026, 08:07 AM
Fastenal Q2 Daily Sales +14.7%; Net Income +15.9% to $382.8M
AI Summary
Fastenal Company reported strong second-quarter 2026 results with daily sales increasing 14.7% year-over-year, driven by share gains with larger customers, pricing actions, and broad-based demand. Net income rose 15.9% to $382.8 million, resulting in diluted EPS of $0.33. The operating margin remained consistent at 21.0%, as SG&A expense leverage offset gross margin headwinds. The company returned $305 million to shareholders through dividends and share repurchases, representing 80% of net income, and continued progress on strategic initiatives.
Key Highlights
- Q2 2026 Daily sales increased 14.7% year-over-year.
- Q2 2026 Net sales increased 14.7% to $2,386.9 million.
- Q2 2026 Net income increased 15.9% to $382.8 million.
- Q2 2026 Diluted net income per share was $0.33, up 15.9%.
- Q2 2026 Operating margin was 21.0%, consistent year-over-year.
- Returned $305 million to shareholders (80% of net income) in Q2 2026.
- Weighted FASTBin and FASTVend device signings were 6,993 in Q2 2026.
- Total debt was $120.0 million at the end of Q2 2026.
Price Impact
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