Fastenal Company (NASDAQ: FAST) on Monday announced its third-quarter 2025 financial results, reporting a double-digit increase in sales.
Net income was $335.5 million or $0.29 per share in the third quarter, compared to $298.1 million or $0.26 per share in the prior-year quarter. Third-quarter net sales increased 11.7% year-over-year to $2.13 billion.
The top-line growth mainly reflects contributions from improved customer contract signings since the first quarter of 2024. In Q3 FY25, Fastenal signed 7,050 weighted FASTB and FASTVend devices, resulting in 19,925 new FASTB and FASTVend signings in the first nine months of the year.
