Fastenal Q2 net sales rise 8.6% to $2.08 billion; net income up 12.8%
Fastenal reported second-quarter 2025 results for the period ended June 30, 2025, with net sales of $2.08 billion, up 8.6% from a year earlier, and net income of $330.3 million, up 12.8%. The company also lowered its 2025 target for FMI device signings and narrowed its capital spending range downward, while noting that its quarterly dividends totaled $252.5 million and it repurchased no stock.
Key points
- Net sales were $2.08 billion, up 8.6% from $1.92 billion in the second quarter of 2024; diluted net income per share was $0.29 versus $0.25.
- Gross margin was 45.3% of net sales versus 45.1%, and operating margin was 21.0% versus 20.2%.
- The 2025 weighted FASTBin/FASTVend signings goal was cut to 25,000-26,000 MEUs from 28,000-30,000 MEUs.
- The 2025 capital spending estimate was lowered to $250 million-$270 million from $265 million-$285 million.
The filing
Written by AI on Nov 8, 2026, 1:42 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 14, 2025.
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