Overview
- Quarterly revenue reached $2.03 billion versus roughly $2.04 billion expected, with earnings per share at $0.26 in line with estimates and shares down about 6% in premarket trading.
- Full-year results set records at $8.2 billion in sales and $1.26 billion in net income.
- Higher tariffs and the timing of supplier rebates raised costs and left gross and operating margins below Wall Street expectations.
- Capital spending is slated to rise to $310 million–$330 million in 2026, including an Atlanta hub replacement along with higher trucking and IT outlays.
- Digital channels and Fastenal Managed Inventory accounted for 62.1% of Q4 sales, the installed FMI base stands near 136,600 devices with a 2026 signing goal of 28,000–30,000 units, management targets double‑digit 2026 net sales growth, and Jeff Watts becomes CEO in July.