Fastenal (FAST) Operating Expenses (2009 - 2026)

Fastenal (FAST) reported Operating Expenses of $535.3 million for Q1 2026, up 9.24% on a YoY basis from $490.0 million in Q1 2025, and up 4.06% quarter-over-quarter from $514.4 million in Q4 2025.

Fastenal (FAST) Operating Expenses (2009 - 2026) Analysis & Trends

Fastenal has reported Operating Expenses for 18 years, with the latest figure at $535.3 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses rose 9.24% year-over-year to $535.3 million; the trailing twelve-month figure through Mar 2026 stood at $2.1 billion (up 8.91% YoY), and the FY2025 full-year result was $2.0 billion, up 7.59% from the prior year.
  • Operating Expenses for Q1 2026 stood at $535.3 million, up from $514.4 million in the prior quarter.
  • The five-year high for Operating Expenses was $535.3 million in Q1 2026, with the low at $435.3 million in Q1 2022.
  • Historically, Operating Expenses has averaged $473.6 million across 5 years, with a median of $470.5 million in 2024.
  • Annual changes were most pronounced in 2022 — Operating Expenses climbed 19.88% — and 2024, when it advanced 2.08%.
  • Fastenal's Operating Expenses stood at $435.5 million in 2022, then rose by 2.32% to $445.6 million in 2023, then rose by 6.24% to $473.4 million in 2024, then rose by 8.66% to $514.4 million in 2025, then climbed by 4.06% to $535.3 million in 2026.
  • The last three Operating Expenses figures came in at $535.3 million (Q1 2026), $514.4 million (Q4 2025), and $524.3 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 W.W. Grainger 62.43 Bn 62.25 Bn 1.75 Bn 1.11 Bn
2 Fastenal 52.87 Bn 52.56 Bn 982.90 Mn 535.30 Mn
3 Ferguson Enterprises 43.71 Bn 42.89 Bn 2.32 Bn 1.61 Bn
4 Wesco International 17.21 Bn 16.51 Bn 1.29 Bn 947.60 Mn
5 Watsco 14.12 Bn 13.98 Bn 427.56 Mn 322.85 Mn
6 Applied Industrial Technologies 11.70 Bn 11.53 Bn 380.80 Mn 242.88 Mn
7 Qxo 11.53 Bn 8.48 Bn 409.30 Mn 661.20 Mn
8 Core & Main 9.91 Bn 9.77 Bn 428.00 Mn 310.00 Mn
9 Pool 6.54 Bn 6.47 Bn 329.87 Mn 247.26 Mn
10 Msc Industrial Direct 6.47 Bn 6.42 Bn 377.59 Mn 310.34 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 382.90 Mn