Fastenal Company (FAST) Income Statement
FAST 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsFAST revenue and net income
Where FAST's revenue goes
2025Each bar shows an amount and its share of revenue. FAST kept 15.3% of revenue as net income.
FAST profit margins
FAST growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +8.7% | +5.5% | +7.7% | +7.8% |
| Gross profit | +8.5% | +4.7% | +7.5% | +6.6% |
| Operating income | +9.6% | +4.4% | +7.7% | +7.2% |
| Net income | +9.4% | +5.0% | +7.9% | +9.3% |
| EPS (diluted) | +8.9% | +4.6% | +8.0% | +9.3% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
FAST quarterly EPS vs estimates
Fastenal beat the analyst EPS estimate in 6 of the last 8 quarters.
FAST income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $8.20B | $7.55B | $7.35B | $6.98B | $6.01B | $5.65B | $5.33B | $4.97B | $4.39B | $3.96B |
| Cost of revenue | $4.51B | $4.14B | $3.99B | $3.76B | $3.23B | $3.08B | $2.82B | $2.57B | $2.23B | $2.00B |
| Gross profit | $3.69B | $3.40B | $3.35B | $3.22B | $2.78B | $2.57B | $2.52B | $2.40B | $2.16B | $1.96B |
| Research & development | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Sales, general & admin | $2.04B | $1.89B | $1.82B | $1.76B | $1.56B | $1.43B | $1.46B | $1.40B | $1.28B | $1.17B |
| Total operating expenses | $2.04B | $1.89B | $1.83B | $1.76B | $1.56B | $1.43B | $1.46B | $1.40B | $1.28B | $1.17B |
| Operating income | $1.66B | $1.51B | $1.53B | $1.45B | $1.22B | $1.14B | $1.06B | $999.2M | $881.8M | $795.8M |
| Interest income | $5.5M | $5.4M | $2.1M | $700,000 | $100,000 | $600,000 | $400,000 | $400,000 | $400,000 | $394,000 |
| Interest expense | $6.2M | $7.3M | $10.8M | $14.3M | $9.7M | $9.7M | $13.9M | $12.6M | $9.1M | $6.5M |
| Income before taxes | $1.66B | $1.51B | $1.52B | $1.44B | $1.21B | $1.13B | $1.04B | $987.0M | $873.1M | $789.7M |
| Income taxes | $396.6M | $357.5M | $367.0M | $353.1M | $282.8M | $273.6M | $252.8M | $235.1M | $294.5M | $290.3M |
| Net income | $1.26B | $1.15B | $1.16B | $1.09B | $925.0M | $859.1M | $790.9M | $751.9M | $578.6M | $499.4M |
| EBITDA | $1.84B | $1.69B | $1.71B | $1.63B | $1.39B | $1.30B | $1.21B | $1.14B | $1.01B | $900.2M |
| EPS (diluted) | $1.10 | $1.01 | $1.01 | $0.96 | $0.81 | $0.75 | $0.70 | $0.66 | $0.51 | $0.43 |
| Gross margin | 45.0% | 45.1% | 45.7% | 46.1% | 46.2% | 45.5% | 47.2% | 48.3% | 49.3% | 49.6% |
| Operating margin | 20.2% | 20.0% | 20.8% | 20.8% | 20.3% | 20.2% | 19.8% | 20.1% | 20.1% | 20.1% |
| Net margin | 15.3% | 15.2% | 15.7% | 15.6% | 15.4% | 15.2% | 14.8% | 15.1% | 13.2% | 12.6% |
| Sep '26 | Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.46B | $2.39B | $2.20B | $2.03B | $2.13B | $2.08B | $1.96B | $1.82B | $1.91B | $1.92B | $1.90B | $1.76B |
| Cost of revenue | $1.36B | $1.32B | $1.22B | $1.13B | $1.17B | $1.14B | $1.08B | $1.01B | $1.05B | $1.05B | $1.03B | $959.2M |
| Gross profit | $1.10B | $1.06B | $982.9M | $898.7M | $965.8M | $942.8M | $883.9M | $818.2M | $858.6M | $863.5M | $861.6M | $799.4M |
| Sales, general & admin | — | $561.8M | $535.3M | $514.4M | $524.3M | $506.7M | $490.0M | $473.4M | $470.5M | $476.6M | $471.4M | $445.6M |
| Total operating expenses | $573.9M | $561.8M | $535.3M | $514.4M | $524.3M | $506.7M | $490.0M | $473.4M | $470.5M | $476.6M | $471.4M | $445.6M |
| Operating income | $530.8M | $501.8M | $447.6M | $384.3M | $441.5M | $436.1M | $393.9M | $344.8M | $388.1M | $386.9M | $390.2M | $353.8M |
| Interest income | — | $1.5M | $1.6M | $1.2M | $700,000 | $2.7M | $900,000 | $1.2M | $1.3M | $1.3M | $1.6M | $2.3M |
| Interest expense | $800,000 | $1.2M | $800,000 | $900,000 | $1.6M | $2.2M | $1.7M | $1.7M | $1.8M | $1.8M | $2.0M | $1.9M |
| Income before taxes | $531.2M | $502.1M | $448.3M | $384.6M | $440.6M | $436.6M | $393.1M | $344.3M | $387.6M | $386.4M | $389.8M | $354.2M |
| Income taxes | $129.6M | $119.3M | $108.6M | $90.5M | $105.1M | $106.3M | $94.4M | $82.2M | $89.5M | $93.7M | $92.1M | $87.8M |
| Net income | $401.6M | $382.8M | $339.8M | $294.1M | $335.5M | $330.3M | $298.7M | $262.1M | $298.1M | $292.7M | $297.7M | $266.4M |
| EBITDA | $576.9M | $548.8M | $492.1M | $430.0M | $487.2M | $483.9M | $439.5M | $390.4M | $433.8M | $431.9M | $434.7M | $399.4M |
| EPS (diluted) | $0.35 | $0.33 | $0.30 | $0.26 | $0.29 | $0.29 | $0.26 | $0.23 | $0.26 | $0.26 | $0.26 | $0.23 |
| Gross margin | 44.8% | 44.6% | 44.6% | 44.3% | 45.3% | 45.3% | 45.1% | 44.8% | 44.9% | 45.1% | 45.5% | 45.5% |
| Operating margin | 21.5% | 21.0% | 20.3% | 19.0% | 20.7% | 21.0% | 20.1% | 18.9% | 20.3% | 20.2% | 20.6% | 20.1% |
| Net margin | 16.3% | 16.0% | 15.4% | 14.5% | 15.7% | 15.9% | 15.2% | 14.4% | 15.6% | 15.3% | 15.7% | 15.1% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in FAST's financial statements (latest annual report filed February 5, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
FAST financial results
In fiscal year 2025 (ended December 31, 2025), Fastenal reported revenue of $8.2 billion, up 8.7% from the year before. It had net income of $1.3 billion (up 9.4%), a net profit margin of 15.3%. Diluted earnings per share came to $1.10. Over five years revenue grew at an average rate of 7.7% a year.
See the FAST stock overview for the latest quote and news, or the FAST chart for price history and technical indicators.
FAST income statement FAQ
What is Fastenal's annual revenue?
Fastenal reported total revenue of $8.2 billion for fiscal year 2025, which ended on December 31, 2025. That was up 8.7% from $7.5 billion the previous year.
Is Fastenal profitable?
Yes. Fastenal reported net income of $1.3 billion in fiscal 2025, a net profit margin of 15.3%; its operating margin was 20.2%.
What is Fastenal's gross margin?
Fastenal's gross margin was 45.0% in fiscal 2025: for every $100 of revenue, Fastenal kept $45 after the direct cost of its products and services.
How fast is Fastenal growing?
Revenue grew 7.7% a year on average over the last five fiscal years, from $5.6 billion to $8.2 billion.
What are Fastenal's earnings per share?
Fastenal earned $1.10 per diluted share in fiscal 2025, compared with $1.01 a year earlier.
When does Fastenal's fiscal year end?
Fastenal's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 5, 2026.