Fastenal Company (NASDAQ: FAST) has released its financial results for the fourth quarter of 2025, revealing a mixed performance that met earnings expectations but fell short on revenue.
FAST Q4 Results: Earnings In Line, Revenue Slightly Below Forecasts
Fastenal Company reported its financial performance for the fourth quarter of 2025, showing a mixed outcome. The company’s earnings per share (EPS) stood at $0.26, aligning with analysts’ expectations. However, Fastenal’s revenue for the quarter was $2.03 billion, slightly below the forecasted $2.04 billion. Despite the shortfall in revenue, the company achieved an 11.1% increase in net sales compared to the same period in 2024, reaching $2.03 billion from $1.82 billion.
Fastenal’s sales growth was driven by improved customer contract signings and favorable changes in foreign exchange rates. The company experienced an increase in unit sales due to growth in the number of customer sites spending $10,000 or more per month. However, the impact of product pricing on net sales was a notable factor, with a 310 to 340 basis point increase in the fourth quarter of 2025 compared to the previous year.
From a product perspective, Fastenal’s direct products, including fasteners and cutting tools, outpaced indirect products. This growth was attributed to the company’s fastener expansion project and increased sales to manufacturing customers. In terms of end markets, manufacturing categories outperformed, while non-residential construction experienced growth for the third time in thirteen quarters.
Fastenal’s 2026 Guidance: Focus on Capital Investments
Looking ahead to 2026, Fastenal has provided guidance that emphasizes significant investments in property and equipment. The company expects its capital expenditures to range between $310 million and $330 million, a notable increase from the $230.6 million spent in 2025. This growth in investment is aimed at replacing the Atlanta hub facility, enhancing picking capacity, and improving efficiency across its hub network.
Fastenal also plans to increase spending on trucking and IT projects that were delayed in 2025. The company aims to sign between 28,000 and 30,000 weighted FASTBin and FASTVend devices in 2026, up from the 25,892 signed in 2025. This aligns with Fastenal’s strategy to expand its digital footprint and improve sales through FMI technology.
The company remains optimistic about its future performance, projecting a continued focus on customer acquisition and the expansion of its service model. Fastenal’s ongoing investment in technology and infrastructure is expected to support its growth initiatives and enhance its competitive position in the market.