Fastenal Company (NASDAQ: FAST), a leading wholesale distributor of industrial and construction supplies such as fasteners and tools, has reported an increase in sales and profit for the fourth quarter of fiscal 2025.
Net income was $294.1 million or $0.26 per share in the fourth quarter, compared to $262.1 million or $0.23 per share in the prior-year quarter. Fourth-quarter net sales increased 11.1% year-over-year to $2.03 billion. The top-line growth mainly reflects the contribution from improved customer contract signings since the first quarter of 2024. Changes in foreign exchange rates also positively affected sales.
The company signed 5,966 weighted FASTBin and FASTVend devices in the fourth quarter of 2025, resulting in 25,892 new FASTBin and FASTVend signings for the full year.