Trading Companies & Distributors
Price
$48.60
+1.78%Market Cap
$55.79B
Day High
$48.76
Day Low
$47.70
Fastenal delivered strong Q1 2026 results with revenue up 12.4% YoY to $2.20B and net income rising 13.8% to $339.8M, driven by solid operating leverage and a 44.3% surge in operating cash flow.
Key risk: Gross Margin Compression Risk
Fastenal's gross margin declined approximately 47 basis points YoY to 44.6%, as cost of revenue grew faster than revenue. Sustained input cost inflation or unfavorable product/customer mix shifts could further erode profitability if pricing power is insufficient to offset cost increases.
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