Quarterly ResultOct 14, 2026, 08:01 AM
Fastenal Q3 Sales Up 15.5%; Net Income Jumps 19.7% to $401.6M
AI Summary
Fastenal Company announced its third quarter 2026 results, reporting a 15.5% increase in daily sales to $38.5 and a 19.7% rise in net income to $401.6 million, with diluted EPS of $0.35. The company achieved a 90 basis point improvement in operating margin to 21.5%, driven by SG&A expense leverage. Fastenal also highlighted strong operating cash flow of $421.6 million and returned $328.4 million to shareholders via dividends and share repurchases. Strategic initiatives, including growth with larger customers and digital technology expansion, continue to progress.
Key Highlights
- Fastenal Company reported Q3 2026 daily sales increased 15.5% year-over-year to $38.5 per day.
- Operating margin improved 90 basis points to 21.5% in Q3 2026.
- Net income for Q3 2026 rose 19.7% to $401.6 million, with diluted EPS of $0.35.
- Operating cash flow was $421.6 million in Q3 2026, representing 105% of net income.
- The company returned $328.4 million to shareholders through dividends and share repurchases in Q3 2026.
- Sales with contract customers increased 18.8% year-over-year in Q3 2026.
- Investment in property and equipment is expected to be between $310.0 and $330.0 for 2026.
Price Impact
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