Fastenal (FAST) Operating Expenses (2009 - 2026)
Fastenal's (FAST) quarterly Operating Expenses came in at $561.8 million in Q2 2026, up 10.87% on a YoY basis from $506.7 million in Q2 2025, and up 4.95% quarter-over-quarter from $535.3 million in Q1 2026.
Powered by 
Analysis
Fastenal (FAST) Operating Expenses (2009 - 2026) Analysis & Trends
Fastenal (FAST) has reported Operating Expenses for 18 consecutive years, with $561.8 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Expenses rose 10.87% year-over-year to $561.8 million; the trailing twelve-month figure through Jun 2026 stood at $2.1 billion (up 10.06% YoY), and the FY2025 full-year result was $2.0 billion, up 7.59% from the prior year.
- Operating Expenses improved to $561.8 million in Q2 2026 per FAST's latest filing, from $535.3 million in the prior quarter.
- Across five years, Operating Expenses topped out at $561.8 million in Q2 2026 and bottomed at $435.3 million in Q1 2022.
- Historically, Operating Expenses has averaged $478.5 million across 5 years, with a median of $471.0 million in 2024.
- The sharpest annual moves came in 2022 and 2024: Operating Expenses grew 19.88% in 2022, then climbed 2.08% in 2024.
- Over 5 years, Operating Expenses stood at $435.5 million in 2022, then advanced by 2.32% to $445.6 million in 2023, then advanced by 6.24% to $473.4 million in 2024, then advanced by 8.66% to $514.4 million in 2025, then gained by 9.21% to $561.8 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $561.8 million, $535.3 million, and $514.4 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 59.74 Bn | 59.53 Bn | 1.98 Bn | 1.18 Bn |
| 2 | Fastenal | 57.47 Bn | 57.26 Bn | 1.06 Bn | 561.80 Mn |
| 3 | Ferguson Enterprises | 42.93 Bn | 42.11 Bn | 2.32 Bn | 1.61 Bn |
| 4 | Sunbelt Rentals Holdings | 31.01 Bn | 30.98 Bn | 1.25 Bn | 989.00 Mn |
| 5 | Reliance | 19.76 Bn | 19.53 Bn | 1.30 Bn | 4.19 Bn |
| 6 | Wesco International | 17.65 Bn | 16.83 Bn | 1.46 Bn | 1.02 Bn |
| 7 | Applied Industrial Technologies | 12.14 Bn | 12.02 Bn | 411.22 Mn | 251.91 Mn |
| 8 | Watsco | 11.58 Bn | 11.60 Bn | 578.93 Mn | 348.99 Mn |
| 9 | Avantor | 10.11 Bn | 9.80 Bn | 537.00 Mn | 415.20 Mn |
| 10 | Core & Main | 7.93 Bn | 7.69 Bn | 573.00 Mn | 346.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 561.80 Mn |
| Mar 31, 2026 | 535.30 Mn |
| Dec 31, 2025 | 514.40 Mn |
| Sep 30, 2025 | 524.30 Mn |
| Jun 30, 2025 | 506.70 Mn |
| Mar 31, 2025 | 490.00 Mn |
| Dec 31, 2024 | 473.40 Mn |
| Sep 30, 2024 | 470.50 Mn |
| Jun 30, 2024 | 476.60 Mn |
| Mar 31, 2024 | 471.40 Mn |
| Dec 31, 2023 | 445.60 Mn |
| Sep 30, 2023 | 460.90 Mn |
| Jun 30, 2023 | 462.60 Mn |
| Mar 31, 2023 | 456.80 Mn |
| Dec 31, 2022 | 435.50 Mn |
| Sep 30, 2022 | 447.30 Mn |
| Jun 30, 2022 | 444.20 Mn |
| Mar 31, 2022 | 435.30 Mn |
| Dec 31, 2021 | 412.00 Mn |
| Sep 30, 2021 | 401.80 Mn |
API Access
Fastenal Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=FAST&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "FAST", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=FAST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();