Filing Flows › Fastenal (FAST) › Q2 2026 › vs Q2 2025
Fastenal (FAST) Q2 2026 vs Q2 2025 (year over year)
Fastenal's revenue rose $307M (+15%) from $2.1B in Q2 2025 to $2.4B in Q2 2026. Gross margin 44.6% against 45.3% (-0.8 pts).
Fastenal, Q2 2026: revenue $2.4B (+15% year over year), operating margin 21.0%, net earnings $383M, operating cash flow $266M. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Gross margin | 44.6% | 45.3% | -0.8 pts |
| Operating margin | 21.0% | 21.0% | +0.1 pts |
| Net margin | 16.0% | 15.9% | +0.2 pts |
| Free cash flow margin | 8.4% | 10.1% | -1.6 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $2.4B | $2.1B | $307M | +15% |
| Gross profit | $1.1B | $943M | $121M | +13% |
| Cost of revenue | $1.3B | $1.1B | $186M | +16% |
| Operating profit | $502M | $436M | $65.7M | +15% |
| Operating expenses | $562M | $507M | $55.1M | +11% |
| Pre-tax earnings | $502M | $437M | $65.5M | +15% |
| Net earnings | $383M | $330M | $52.5M | +16% |
| Income tax | $119M | $106M | $13.0M | +12% |
| Depreciation & amortization | $45.5M | $45.1M | $400K | +0.9% |
| Share-based compensation | $2.6M | $2.0M | $600K | +30% |
| Working capital & other | $165M | $98.8M | $66.4M | +67% |
| Operating cash flow | $266M | $279M | −$12.9M | -5% |
| Free cash flow (OCF − capex) | $202M | $209M | −$7.7M | -4% |
| Capital expenditures | $64.1M | $69.3M | −$5.2M | -8% |
Questions
How much did Fastenal's revenue grow year over year in Q2 2026?
Fastenal's revenue rose $307M (+15%) from $2.1B in Q2 2025 to $2.4B in Q2 2026. Gross margin 44.6% against 45.3% (-0.8 pts).