Fastenal reported Q4 EPS of $0.26, up 12.2% year over year, on revenues of $2.03 billion, an 11.1% increase driven by higher unit volumes and a 310–340 basis-point pricing contribution. Gross profit rose 9.8% to $898.7 million while gross margin eased 50 basis points to 44.3%, and operating profit climbed to $384.3 million with a 19.0% margin.

Direct products sales grew 13.1%, comprising 38.4% of net sales, while indirect products rose 10.1% to 61.6%. Heavy manufacturing end-market sales increased 12.6% and other manufacturing grew 13.0%, with non-residential construction up 9.9%. Digital channels expanded as FMI technology sales jumped 16.6% to 46.1% of net revenue and eBusiness rose 6.3%.

Fastenal ended the quarter with $276.8 million in cash versus $100 million in long-term debt, and generated $368.1 million in operating cash flow during Q4. Management plans higher 2026 capital spending on distribution capacity, technology, and logistics efficiency, while recent analyst estimate revisions have trended upward.