At the archive date, FASTENAL CO was expected to release its Q3 2026 10-Q filing on October 14, 2026. Last quarter: In Q2 FY2026, FAST delivered strong top-line and earnings growth, with revenue up 14.7% to $2.39B and net income up 15.9% to $382.8M, as contract-customer momentum and manufacturing strength offset modest gross margin pressure.
Analyst consensus captured from Finnhub and Financial Modeling Prep. This archived preview is no longer updated with later results; see the FAST page for retained reports.
What to Watch in Q3 2026
Drawn from management commentary in the Q2 2026 10-Q:
Sales growth was driven by contract wins, pricing, and improving industrial activity
Q2 FY2026 net sales rose 14.7% to $2.39B, with management attributing the increase to improved customer contract signings since Q1 2024, product pricing, and a modest improvement in industrial production in the first half of 2026. Product pricing contributed about 290 basis points of sales growth in the quarter, while foreign exchange added about 10 basis points.
Manufacturing and contract customers continued to outperform
Manufacturing represented 75.9% of Q2 FY2026 sales and grew 14.9% on a daily sales basis, while non-manufacturing grew 15.1%. Contract sales, which were 75.8% of total sales, increased 17.6%, materially faster than non-contract sales growth of 7.3%, reflecting continued implementation of customer signings achieved since Q1 2024.
Digital channels and FMI technology remained an important growth engine
Q2 FY2026 sales through FMI technology increased 16.4% to $1.08B and represented 44.6% of total sales, while Digital Footprint sales rose 16.2% to $1.49B and represented 61.6% of sales. Weighted FASTBin/FASTVend signings were 6,993 MEUs in the quarter, and management set a 2026 goal of 27,000 to 29,000 MEUs, lowered from the prior 28,000 to 30,000 range.