Fastenal Company: Beat — EPS $0.35, Revenue $2.46B
Earnings BeatQ3 2026 · Pre-market
@trystockwhiz
Did Fastenal Company (FAST) beat earnings today?
Yes, Fastenal Company (FAST) beat Wall Street analyst expectations for Q3 2026, reporting higher-than-expected EPS and higher-than-expected revenue.
Earnings Per Share+2.94% surprise
$0.35Actual
Expected: $0.34
vs. year ago +20.7%
Total Revenue+0.95% surprise
$2.46BActual
Expected: $2.44B
vs. year ago +15.5%
Released Oct 14 · 6:50 AM ET
Earning Report
| Metric | Q3 2026 | Q3 2025 | YoY Change % |
|---|---|---|---|
| Net sales | $2.46B | $2.13B | +15.5% |
| Net income | $401.60M | $335.50M | +19.7% |
| Basic net income per share | $0.35 | $0.29 | +20.7% |
| Diluted net income per share | $0.35 | $0.29 | +19.8% |
Financial Outlook / Guidance
| Metric | Next Quarter Outlook | FY 2026 Outlook |
|---|---|---|
| Weighted FASTBin/FASTVend signings | — | 27,000-29,000 MEUs (prev. 28,000-30,000 MEUs) |
| Investment in property and equipment | — | $310.0M-$330.0M |
Business Highlights
- ➤Signed 7,484 weighted FASTBin and FASTVend devices during the third quarter.
- ➤Continued expanding Onsite, digital, and supply chain solutions with larger customers.
- ➤Direct materials outpaced indirect materials, supported by fastener sales and manufacturing-customer strength.
- ➤Non-residential construction experienced growth for the sixth consecutive quarter.
- ➤Transportation and reseller customers favorably supported other end-market activity.
- ➤Customer contract signings since early 2024 continued to drive implementation activity.
- ➤Invested in facility construction, hub upgrades, industrial vending equipment, and IT.
- ➤Planned Atlanta hub replacement and network picking-capacity improvements.
- ➤Increased distribution and transportation FTE personnel to support product throughput.
- ➤Returned $328.4M to shareholders through dividends and share repurchases.