Executive Summary
Fastenal Company delivered strong financial performance in Q2 2025, with revenue reaching $2.08 billion, reflecting an 8.56% year-over-year growth and a 6.17% increase from the previous quarter. Gross profit surged to $942.8 million, with a remarkable gross margin of 45.32%. The net income followed suit, increasing by 12.85% year-over-year to $330.3 million, contributing to an EPS of $0.29 for the quarter. Management's commentary during the earnings call emphasized resilience in demand across most sectors, driven by infrastructure investments and a gradual recovery in industrial activity.
Despite ongoing challenges such as tight labor markets and supply chain bottlenecks, Fastenal's strategic focus on operational efficiency and customer service excellence continued to yield positive results. Investors should note the company's commitment to balance sheet strength, as evidenced by significant cash flow generation and controlled capital expenditures, positioning Fastenal well for continued growth in the competitive industrial landscape.
Key Performance Indicators
Revenue
2.08B
QoQ: 6.17% | YoY:8.56%
Gross Profit
942.80M
45.32% margin
QoQ: 6.66% | YoY:9.18%
Operating Income
436.10M
QoQ: 10.71% | YoY:12.72%
Net Income
330.30M
QoQ: 10.58% | YoY:12.85%
EPS
0.29
QoQ: 11.54% | YoY:11.54%
Revenue Trend
Margin Analysis
Key Insights
- **Q2 2025 Revenue**: $2.08 billion (YoY: 8.56%, QoQ: 6.17%)
- **Gross Profit**: $942.8 million (YoY: 9.18%, QoQ: 6.66%)
- **Operating Income**: $436.1 million, increasing 12.72% YoY and 10.71% QoQ
- **Net Income**: $330.3 million (YoY: 12.85%, QoQ: 10.58%)
- **EPS**: $0.29 (YoY: 11.54%, QoQ: 11.54%)