Q2 25 EPS
$0.29
BEAT +3.68%
Est. $0.28
Q2 25 Revenue
$2.08B
BEAT +0.58%
Est. $2.07B
vs S&P Since Q2 25
-12.4%
TRAILING MARKET
FAST +2.9% vs S&P +15.3%
Market Reaction
Did FAST Beat Earnings? Q2 2025 Results
Fastenal posted a clean beat across the board in Q2 2025, crossing the $2 billion quarterly sales threshold for the first time as revenue climbed 8.6% year-over-year to $2.08 billion, edging past the $2.07 billion consensus estimate by 0.58%. Diluted… Read more Fastenal posted a clean beat across the board in Q2 2025, crossing the $2 billion quarterly sales threshold for the first time as revenue climbed 8.6% year-over-year to $2.08 billion, edging past the $2.07 billion consensus estimate by 0.58%. Diluted EPS of $0.29 topped the $0.28 consensus by 3.68%, with management crediting the outperformance not to any broad industrial recovery, which remained sluggish, but to sustained contract customer wins accumulated over the past six quarters; contract sales surged 11.0% on a daily sales rate basis and represented 73.2% of total revenue. Operating margin expanded to 21.0% from 20.2% a year ago, aided by favorable price-cost dynamics and the fastener expansion project, while product pricing contributed 140 to 170 basis points to growth, a sharp reversal from prior-year declines. The company also opened a new 300,000-square-foot distribution center in Utah during the quarter. Looking ahead, Fastenal trimmed its 2025 capital expenditure guidance to $250 million to $270 million and modestly lowered its FMI device signing targets, signaling measured but continued investment in its digital and contract-driven growth strategy.
Key Takeaways
- • Strong customer contract signings over the past six quarters driving incremental sales
- • Product pricing contributed 140-170 basis points to sales growth
- • Contract customer sales grew 11.0% DSR, representing 73.2% of sales
- • Manufacturing end market outperformance driven by key account managed spend
- • Operating margin expansion to 21.0% from 20.2% through SG&A leverage
- • Growth in $10K+ monthly customer sites to 11,968 from 11,218 year-over-year
- • Growth in $50K+ customer sites to 2,683 from 2,386 year-over-year (15.2% since Q4 2024)
FAST YoY Financials
Q2 2025 vs Q2 2024, source: SEC Filings
FAST Revenue by Segment
With YoY comparisons, source: SEC Filings
FAST Earnings Trends
FAST vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
FAST EPS Trend
Earnings per share: estimate vs actual
FAST Revenue Trend
Quarterly revenue: estimate vs actual
FAST Quarterly Results
5 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 | — | — | — | — | — |
| Q4 25 BEAT FY | $0.26 | $0.26 | +0.23% | $2.03B | -0.05% |
| FY Full Year | $1.10 | $1.09 | -0.78% | $8.20B | -0.01% |
| Q3 25 MISS | $0.30 | $0.29 | -2.19% | $2.13B | +0.09% |
| Q2 25 BEAT | $0.28 | $0.29 | +3.68% | $2.08B | +0.58% |
| Q1 25 BEAT | $0.52 | $0.52 | +0.06% | $1.96B | +0.44% |