Fastenal Q3 net income climbs 20% to $401.6 million; net sales rise 16% to $2.46 billion
Bitget2026/10/14 10:50- Fastenal posted Q3 2026 net income of 401.6 million, up 20% from Q3 2025; diluted EPS rose 20% to 0.35.
- Net sales climbed 16% to 2.46 billion versus Q3 2025; daily sales increased 16% to 38.5 million.
- Operating income jumped 20% to 530.8 million, lifting operating margin to 21.5% from 20.7% a year earlier.
- Gross margin narrowed 0.5 percentage point to 44.8%; shift toward larger customers reduced margin by about 50 basis points.
- Weighted FASTBin/FASTVend signings rose 6% to 7,484 MEUs; 2026 target cut to 27,000–29,000 MEUs.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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