---
schema_version: "secwatch.filing_event.v1"
accession: "0000815556-22-000017"
form_type: "8-K"
ticker: "FAST"
cik: "0000815556"
company_name: "FASTENAL CO"
filed_at: "2022-04-13T23:59:59+00:00"
generated_at: "2026-06-26T07:47:08.498829+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Fastenal Q1 net sales up 20.3% to $1.70B, EPS $0.47 (+27.8% YoY)

## Summary
- Net sales $1,704.1M (+20.3% YoY); organic daily sales +18.4% with 100 bps boost from easier weather comp.
- Diluted EPS $0.47 vs $0.37 last year (+27.8%); operating income margin expanded to 21.0% from 19.8%.
- Gross margin improved 120 bps to 46.6% due to absence of mask write-down and better safety product margins.
- Record 106 new Onsite signings in Q1, active sites up 12.1% to 1,440; FMI sales grew 48.4% to 35.4% of total sales.
- Operating cash flow down 16.3% to $230.0M (conversion 85.3% vs 130.5% prior year) on working capital build for growth.

## SEC filing metadata
- accession: 0000815556-22-000017
- form_type: 8-K
- ticker: FAST
- cik: 0000815556
- company_name: FASTENAL CO
- filed_at: 2022-04-13T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/815556/000081555622000017/0000815556-22-000017-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/815556/000081555622000017/fast-20220413.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000815556-22-000017
- JSON: https://secwatch.observer/filing/0000815556-22-000017.json
- Plain text: https://secwatch.observer/filing/0000815556-22-000017.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.