The stock may react negatively to the EPS miss despite strong revenue and operating performance, but the high cash flow conversion (111.4% of net income) and continued investment in growth initiatives suggest underlying strength. Monitor guidance for full-year expectations.
Price Chart
Executive Summary
Fastenal reported Q1 2026 revenue of $2.20B (12.4% YoY growth) and EPS of $0.30, missing consensus EPS of $0.32 by 7.4%. Despite the miss, operating income grew 13.6% YoY and operating cash flow reached $378.4M, indicating strong underlying performance.
Key Financial Metrics
Key Facts
- Q1 2026 revenue: $2.20B (12.4% YoY growth)
- Q1 2026 EPS: $0.30 vs. consensus estimate of $0.32 (7.4% miss)
- Operating income: $447.6M (13.6% YoY growth), operating margin improved to 20.3%
- Operating cash flow: $378.4M (111.4% of net income)
- Returned $295.7M to shareholders ($275.6M dividends, $20.1M share repurchases)
Financial Impact
Revenue grew 12.4% YoY to $2.20B, but EPS missed consensus by 7.4% despite strong operating performance
Risk Factors
- EPS missed consensus by 7.4%, which could pressure the stock despite strong operational metrics
- Gross margin pressure continues (44.6% vs 45.1% YoY) due to unfavorable price-cost dynamics
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0000815556-26-000019 |
| Document: fast-20260413.htm | 0000815556-26-000019 |
| Document: 0000815556-26-000019-index-headers.html | 0000815556-26-000019 |
| Document: 0000815556-26-000019-index.html | 0000815556-26-000019 |
| Document: 0000815556-26-000019.txt | 0000815556-26-000019 |
| 8-K Data (Synthetic) | 0000815556-26-000019 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 17, 2026 6w ago | Insider Cluster | $51.23 $49.41 | ▼ −3.55% | ▼ −1.57% | $50.75 (−0.94%) |
Aug 17, 2026 6w ago | Insider Cluster | $51.23 $49.41 | ▼ −3.55% | ▼ −1.57% | $50.75 (−0.94%) |
Aug 11, 2026 7w ago | Insider Cluster | $52.38 $48.79 | ▼ −6.85% | ▼ −5.79% | $50.75 (−3.11%) |
Jul 14, 2026 11w ago | 8-K | $45.74 $52.38 | ▲ +14.52% | ▲ +12.03% | $50.75 (+10.95%) |
Jun 23, 2026 14w ago | 8-K | $46.26 $45.33 | ▼ −2.01% | ▼ −3.94% | $50.75 (+9.71%) |
Apr 13, 2026 24w ago | 8-K | $45.56 $43.30 | ▼ −4.95% | ▼ −12.68% | $50.75 (+11.40%) |
Feb 28, 2026 30w ago | Institutional Cluster | $46.08 $44.88 | ▼ −2.61% | ▲ +5.33% | $50.75 (+10.12%) |
US Market Status
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