Q3 25 EPS
$0.29
MISS 2.19%
Est. $0.30
Q3 25 Revenue
$2.13B
BEAT +0.09%
Est. $2.13B
vs S&P Since Q3 25
-2.6%
TRAILING MARKET
FAST +5.8% vs S&P +8.3%
Market Reaction
Did FAST Beat Earnings? Q3 2025 Results
Fastenal delivered a mixed but broadly solid Q3 2025, with revenue rising 11.7% year-over-year to $2.13 billion, essentially matching the $2.13 billion consensus, while earnings per share of $0.29 came in just shy of the $0.30 estimate, a 2.19% miss.… Read more Fastenal delivered a mixed but broadly solid Q3 2025, with revenue rising 11.7% year-over-year to $2.13 billion, essentially matching the $2.13 billion consensus, while earnings per share of $0.29 came in just shy of the $0.30 estimate, a 2.19% miss. The headline driver was a sharp acceleration in contract customer activity, with that segment growing 13.2% on a daily sales rate basis and now accounting for 73.8% of total sales, up from 72.0% a year ago. Fasteners, long a laggard, led product-line growth at 14.4% DSR, aided by easier comparisons, large account signings, and pricing actions implemented earlier in the year that contributed 240-270 basis points to the overall sales gain. Gross margin widened to 45.3% from 44.9%, and operating margin improved to 20.7%. Several institutional investors have been quietly building positions in the stock ahead of these results. Looking ahead, Fastenal guided capital expenditures to $235 million to $255 million for 2025, reflecting new distribution hub construction and elevated technology spending.
Key Takeaways
- • Improved customer contract signings since Q1 2024 driving incremental sales
- • Product pricing contributed 240-270 basis points to net sales growth
- • Contract customers outperformed with 13.2% DSR growth vs 6.3% prior year
- • Fastener product line outperformance driven by easier comparisons, large customer signings, and better product availability
- • Manufacturing end markets led growth at 12.7% DSR increase due to key account managed spend
- • Growth in number of customer sites spending $10k+ per month
- • Gross margin expansion from fastener expansion project and supplier-focused initiatives
- • Operating cash flow increased 30.3% aided by reinstated bonus depreciation reducing tax payments
FAST YoY Financials
Q3 2025 vs Q3 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% |