FAST Q3'26 Earnings: revenue estimate is 2.44B USD

Fastenal acquired Rampp.ai, an agentic AI company, in June. Rampp's tech coordinates business processes, aligning with Fastenal's AI strategy. Rampp's CEO, Ajay Agrawal, now leads AI efforts at Fastenal. The deal was not publicly disclosed initially. Fastenal declined to provide details.

Fastenal’s Q2 2026 earnings call said daily sales rose 14.7% year over year, with pricing of about 2.9% in the quarter. Contract count increased over 7% and customer sites spending $50k+ per month rose 16.5%, with revenues up over 26%. Digital footprint DSR grew 16.2% to 61.6% of sales, and FMI weighted devices signed rose 8.3% to 109 per day.

Fastenal (NASDAQ:FAST) Q2 earnings call commentary said the industrial environment was stable to modestly positive, with U.S. PMI averaging slightly above 53. CFO Max Tunnicliff cited 14.7% daily sales growth, digital Footprint at 61.6% of sales, and operating margin held despite gross margin down about 75 bps. Operating cash flow was $266 million and net capex about $60 million.

Fastenal shares fell 2.6% after its Q2 2026 earnings. Revenue was $2.39B vs about $2.34B expected and EPS was $0.33. Gross margin fell 75 bps to 44.6%, with higher transportation costs, customer mix and tariff input costs cited. Operating cash flow declined on higher receivables. Rothschild Redburn initiated Buy with a $55 target; other firms stayed cautious.

Fastenal (FAST) reported GAAP diluted EPS of 33 cents, in line with expectations. Sales rose 14.7% to $2.387B. Net income increased 15.9% to $382.8M, but gross margin fell 75 bps to 44.6%. Operating cash flow fell 4.6% to $265.7M. The company expects 2026 capex of $310M to $330M and guided Digital Footprint at 63%–64% of sales.

Fastenal (NASDAQ:FAST) reported Q2 CY2026 sales of $2.39 billion, up 14.7% year on year, exceeding Wall Street’s revenue estimate by 1.9%. GAAP EPS was $0.33, up from $0.29, and matched consensus. Analysts expect revenue growth of 9.8% and full-year EPS to rise from $1.17 to $1.31.