Discontinued — last reported Q4 '24

Current Assets

Income taxes receivable

Fastenal Income taxes receivable decreased by 39.8% to $12.10M in Q1 2026 compared to the prior quarter. Over 5 years (FY 2020 to FY 2025), Income taxes receivable shows an upward trend with a 24.6% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryLiquidity
SignalHigher is better
VolatilityModerate
First reportedQ3 2023
Last reportedQ4 2024

How to read this metric

An increase may indicate overpayment of estimated taxes or the accrual of refundable credits, representing a potential source of near-term cash inflow.

Detailed definition

This represents the amount of income tax overpayments or refundable tax credits that the company expects to recover from...

Peer comparison

Common for large corporations that manage complex tax filings across multiple jurisdictions.

Metric ID: income_taxes_receivable

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$0.00$6.70M$8.50M$0.00$6.50M$3.20M$8.10M$0.00$14.70M$15.30M$17.50M$0.00$16.50M$16.80M$18.80M$0.00$14.50M$9.40M$20.10M$12.10M
QoQ Change+26.9%-100.0%-50.8%+153.1%-100.0%+4.1%+14.4%-100.0%+1.8%+11.9%-100.0%-35.2%+113.8%-39.8%
YoY Change-52.2%-4.7%+126.2%+378.1%+116.0%+12.2%+9.8%+7.4%-12.1%-44.0%+6.9%
Range$0.00$20.10M
Avg YoY Growth+49.4%
Median YoY Growth+7.4%

Frequently Asked Questions

What is Fastenal's income taxes receivable?
Fastenal (FAST) reported income taxes receivable of $12.10M in Q1 2026.
What is the long-term trend for Fastenal's income taxes receivable?
Over 5 years (2020 to 2025), Fastenal's income taxes receivable has grown at a 24.6% compound annual growth rate (CAGR), from $6.70M to $20.10M.
What does income taxes receivable mean?
Tax refunds or credits owed to the company by government tax agencies.