Filing Flows › Fastenal (FAST) › Q2 2026
Fastenal (FAST) Q2 2026 earnings results (second quarter 2026)
10-Q filed Jul 16, 2026
Fastenal (FAST) reported revenue of $2.4B for the second quarter 2026 (Q2 2026), +15% from a year earlier and +8% from the quarter before. Operating margin was 21.0%, net earnings $383M (16.0% of revenue).
Fastenal, Q2 2026: revenue $2.4B (+15% year over year), operating margin 21.0%, net earnings $383M, operating cash flow $266M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.4B | +8% | +15% |
| Gross profit | $1.1B | +8% | +13% |
| Operating profit | $502M | +12% | +15% |
| Net earnings | $383M | +13% | +16% |
| Operating cash flow | $266M | -30% | -5% |
| Free cash flow | $202M | -37% | -4% |
What changed
Revenue was $2.4B in Q2 2026, up 15% year over year and up 8% from the previous quarter.
Gross margin was 44.6%, down 0.8 points from Q2 2025. Operating profit was $0.50B, a 21.0% margin (up 0.1 points year over year). Of the extra revenue versus Q2 2025, 21% reached operating profit, above the 21% margin then. Operating expenses grew 11% against revenue growth of 15%. Net earnings were $0.38B, up 16% year over year. The effective tax rate was 23.8%.
Operating cash flow was $0.27B (down 5% year over year), 69% of net earnings. Non-cash charges added back $0.05B of depreciation and amortization and $2.6M of share-based compensation. Working capital and other items used $0.17B. Capital expenditures of $0.06B left free cash flow of $0.20B.
Questions
What was Fastenal's revenue in the second quarter 2026?
Fastenal (FAST) reported revenue of $2.4B for the second quarter 2026 (Q2 2026), +15% from a year earlier and +8% from the quarter before.
Was Fastenal profitable in the second quarter 2026?
Operating profit was $502M (21.0% of revenue) and net earnings $383M.
Source: Fastenal 10-Q on SEC EDGAR.