Cash & Equivalents
Fastenal Cash & Equivalents increased by 11.5% to $308.60M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 33.1%, from $231.80M to $308.60M. Over 5 years (FY 2020 to FY 2025), Cash & Equivalents shows an upward trend with a 2.4% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase signals improved liquidity and financial flexibility, while a decrease may indicate heavy capital expenditure, debt repayment, or aggressive share buybacks.
Detailed definition
Represents the most liquid assets on the balance sheet, including physical currency and short-term investments with matu...
Peer comparison
Large-cap technology peers often maintain high cash balances to fund rapid innovation and offset the cyclical nature of consumer electronics.
cash_and_equivalentsHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $321.80M | $250.50M | $236.20M | $234.20M | $247.90M | $231.50M | $230.10M | $239.80M | $243.60M | $297.50M | $221.30M | $237.10M | $255.50M | $292.20M | $255.80M | $231.80M | $237.80M | $288.10M | $276.80M | $308.60M |
| QoQ Change | — | -22.2% | -5.7% | -0.8% | +5.8% | -6.6% | -0.6% | +4.2% | +1.6% | +22.1% | -25.6% | +7.1% | +7.8% | +14.4% | -12.5% | -9.4% | +2.6% | +21.2% | -3.9% | +11.5% |
| YoY Change | — | — | — | — | -23.0% | -7.6% | -2.6% | +2.4% | -1.7% | +28.5% | -3.8% | -1.1% | +4.9% | -1.8% | +15.6% | -2.2% | -6.9% | -1.4% | +8.2% | +33.1% |
Cash & Equivalents at Other Companies
Frequently Asked Questions
- What is Fastenal's cash & equivalents?
- Fastenal (FAST) reported cash & equivalents of $308.60M in Q1 2026.
- How has Fastenal's cash & equivalents changed year-over-year?
- Fastenal's cash & equivalents increased by 33.1% year-over-year, from $231.80M to $308.60M.
- What is the long-term trend for Fastenal's cash & equivalents?
- Over 5 years (2020 to 2025), Fastenal's cash & equivalents has grown at a 2.4% compound annual growth rate (CAGR), from $245.70M to $276.80M.
- What does cash & equivalents mean?
- Money in the bank and very short-term investments that can be turned into cash almost instantly.