---
schema_version: "secwatch.filing_event.v1"
accession: "0000815556-23-000039"
form_type: "8-K"
ticker: "FAST"
cik: "0000815556"
company_name: "FASTENAL CO"
filed_at: "2023-07-13T23:59:59+00:00"
generated_at: "2026-06-13T09:13:16.764852+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Fastenal Q2 EPS $0.52 (+4.6% YoY); Onsite signing guidance cut to ~350

## Summary
- Q2 net sales $1.88B (+5.9% YoY); diluted EPS $0.52 vs $0.50.
- Gross margin fell to 45.5% from 46.5%; operating margin 21.0% vs 21.6%.
- Operating cash flow surged 99.8% to $302.1M, 101.4% of net earnings.
- Onsite signings guidance reduced: now ~350 for FY2023 vs prior 375-400.
- Digital Footprint reached 55.3% of sales (up from 47.9%); FMI sales +18.4%.

## SEC filing metadata
- accession: 0000815556-23-000039
- form_type: 8-K
- ticker: FAST
- cik: 0000815556
- company_name: FASTENAL CO
- filed_at: 2023-07-13T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/815556/000081555623000039/0000815556-23-000039-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/815556/000081555623000039/fast-20230713.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000815556-23-000039
- JSON: https://secwatch.observer/filing/0000815556-23-000039.json
- Plain text: https://secwatch.observer/filing/0000815556-23-000039.txt

## Key facts
- Earnings Releases
  FASTENAL CO reported the quarter ended June 30, 2023 results: revenue $ 1,883.1, net income $ 298.0, EPS $ 0.52.
  - Period: the quarter ended June 30, 2023
  - Revenue: $ 1,883.1
  - Net income: $ 298.0
  - EPS: $ 0.52
  - Result: reported results
  source text: PERFORMANCE SUMMARY Six-month Period Three-month Period 2023 2022 Change 2023 2022 Change Net sales $ 3,742.2 3,482.6 7.5 % $ 1,883.1 1,778.6 5.9 % Business days 128 128 64 64 Daily sales $ 29.2 27.2 7.5 % $ 29.4 27.8 5.9 % Gross profit $ 1,707.5 1,620.9 5.3 % $ 857.5 827.6 3.6 % % of net sales 45.6 % 46.5 % 45.5 % 46.5 % Operating and administrative expenses $ 919.4 879.5 4.5 % $ 462.6 444.2 4.1 % % of net sales 24.6 % 25.3 % 24.6 % 25.0 % Operating income $ 788.1 741.4 6.3 % $ 394.9 383.4 3.0 % % of net sales 21.1 % 21.3 % 21.0 % 21.6 % Earnings before income taxes $ 782.3 736.5 6.2 % $ 392.6 380.7 3.1 % % of net sales 20.9 % 21.2 % 20.9 % 21.4 % Net earnings $ 593.1 556.7 6.6 % $ 298.0 287.1 3.8 % Diluted net earnings per share $ 1.04 0.96 7.4 % $ 0.52 0.50 4.6 %
  evidence_url: https://www.sec.gov/Archives/edgar/data/815556/000081555623000039/0000815556-23-000039-index.htm
- Earnings Releases
  FASTENAL CO reported the six months ended June 30, 2023 results: revenue $ 3,742.2, net income $ 593.1, EPS $ 1.04.
  - Period: the six months ended June 30, 2023
  - Revenue: $ 3,742.2
  - Net income: $ 593.1
  - EPS: $ 1.04
  - Result: reported results
  source text: PERFORMANCE SUMMARY Six-month Period Three-month Period 2023 2022 Change 2023 2022 Change Net sales $ 3,742.2 3,482.6 7.5 % $ 1,883.1 1,778.6 5.9 % Business days 128 128 64 64 Daily sales $ 29.2 27.2 7.5 % $ 29.4 27.8 5.9 % Gross profit $ 1,707.5 1,620.9 5.3 % $ 857.5 827.6 3.6 % % of net sales 45.6 % 46.5 % 45.5 % 46.5 % Operating and administrative expenses $ 919.4 879.5 4.5 % $ 462.6 444.2 4.1 % % of net sales 24.6 % 25.3 % 24.6 % 25.0 % Operating income $ 788.1 741.4 6.3 % $ 394.9 383.4 3.0 % % of net sales 21.1 % 21.3 % 21.0 % 21.6 % Earnings before income taxes $ 782.3 736.5 6.2 % $ 392.6 380.7 3.1 % % of net sales 20.9 % 21.2 % 20.9 % 21.4 % Net earnings $ 593.1 556.7 6.6 % $ 298.0 287.1 3.8 % Diluted net earnings per share $ 1.04 0.96 7.4 % $ 0.52 0.50 4.6 %
  evidence_url: https://www.sec.gov/Archives/edgar/data/815556/000081555623000039/0000815556-23-000039-index.htm

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