Net Income

Net Income

Fastenal Net Income increased by 15.6% to $339.80M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 13.8%, from $298.70M to $339.80M. Over 4 years (FY 2021 to FY 2025), Net Income shows an upward trend with a 8.0% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementIncome Statement
SectionNet Income
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026

How to read this metric

Consistent growth in net income is the primary driver of long-term stock price appreciation and dividend capacity.

Detailed definition

The 'bottom line' profit of the company after all expenses, including interest and taxes, have been deducted from total...

Peer comparison

This is the standard metric for calculating Earnings Per Share (EPS) and Price-to-Earnings (P/E) ratios.

Metric ID: net_income

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$239.70M$243.50M$231.20M$269.60M$287.10M$284.60M$245.60M$295.10M$298.00M$295.50M$266.40M$297.70M$292.70M$298.10M$262.10M$298.70M$330.30M$335.50M$293.90M$339.80M
QoQ Change+1.6%-5.1%+16.6%+6.5%-0.9%-13.7%+20.2%+1.0%-0.8%-9.8%+11.7%-1.7%+1.8%-12.1%+14.0%+10.6%+1.6%-12.4%+15.6%
YoY Change+19.8%+16.9%+6.2%+9.5%+3.8%+3.8%+8.5%+0.9%-1.8%+0.9%-1.6%+0.3%+12.8%+12.5%+12.1%+13.8%
Range$231.20M$339.80M
CAGR+7.6%
Avg YoY Growth+7.4%
Median YoY Growth+7.3%

Frequently Asked Questions

What is Fastenal's net income?
Fastenal (FAST) reported net income of $339.80M in Q1 2026.
How has Fastenal's net income changed year-over-year?
Fastenal's net income increased by 13.8% year-over-year, from $298.70M to $339.80M.
What is the long-term trend for Fastenal's net income?
Over 4 years (2021 to 2025), Fastenal's net income has grown at a 8.0% compound annual growth rate (CAGR), from $925.00M to $1.26B.
What does net income mean?
The final profit of the company after every single expense and tax has been paid.