Filing Flows › Fastenal (FAST) › Q3 2025
Fastenal (FAST) Q3 2025 earnings results (third quarter 2025)
10-Q filed Oct 16, 2025
Fastenal (FAST) reported revenue of $2.1B for the third quarter 2025 (Q3 2025), +12% from a year earlier and +3% from the quarter before. Operating margin was 20.7%, net earnings $336M (15.7% of revenue).
Fastenal, Q3 2025: revenue $2.1B (+12% year over year), operating margin 20.7%, net earnings $336M, operating cash flow $387M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.1B | +3% | +12% |
| Gross profit | $966M | +2% | +12% |
| Operating profit | $442M | +1% | +14% |
| Net earnings | $336M | +2% | +13% |
| Operating cash flow | $387M | +39% | +30% |
| Free cash flow | $327M | +56% | +38% |
What changed
Revenue was $2.1B in Q3 2025, up 12% year over year and up 3% from the previous quarter.
Gross margin was 45.3%, up 0.3 points from a year earlier. Operating profit was $0.44B, a 20.7% margin (up 0.4 points year over year). Of the extra revenue versus a year earlier, 24% reached operating profit, above the 20% margin then. Operating expenses grew 11% against revenue growth of 12%. Net earnings were $0.34B, up 13% year over year. The effective tax rate was 23.9%.
Operating cash flow was $0.39B (up 30% year over year), 115% of net earnings. Non-cash charges added back $0.04B of depreciation and amortization and $2.1M of share-based compensation. Capital expenditures of $0.06B left free cash flow of $0.33B.
Questions
What was Fastenal's revenue in the third quarter 2025?
Fastenal (FAST) reported revenue of $2.1B for the third quarter 2025 (Q3 2025), +12% from a year earlier and +3% from the quarter before.
Was Fastenal profitable in the third quarter 2025?
Operating profit was $442M (20.7% of revenue) and net earnings $336M.
Source: Fastenal 10-Q on SEC EDGAR.