FASTENAL CO Q2 FY26 Results

Summary

Fastenal Company reported strong results for the second quarter ended June 30, 2026, with daily sales increasing 14.7% year-over-year to $37.3 million per day. This growth was primarily driven by share gains with larger customers, pricing actions, and broad-based demand across core end markets. The operating margin remained consistent at 21.0% year-over-year, as improved selling, general, and administrative expense leverage fully offset gross margin headwinds. Net income rose 15.9% to $382.8 million, with diluted earnings per share increasing to $0.33 from $0.29 in the prior year's quarter.

Key Highlights

1. 1

   Fastenal Company reported second quarter 2026 daily sales increased 14.7% year-over-year, driven by share gains with larger customers, pricing actions, and broad-based demand.

2. 2

   Operating margin for the second quarter of 2026 was 21.0%, consistent year-over-year, as SG&A leverage fully offset gross margin headwinds.

3. 3

   Net sales increased $306.6 million, or 14.7%, in the second quarter of 2026 compared to the second quarter of 2025.

4. 4

   Net income for the second quarter of 2026 was $382.8 million, an increase of 15.9% compared to the second quarter of 2025.

5. 5

   Diluted net income per share was $0.33 in the second quarter of 2026, up from $0.29 in the second quarter of 2025.

6. 6

   The company returned $305.1 million to shareholders through dividends and share repurchases in the second quarter of 2026.