Despite “sluggish” industrial production, Fastenal reported an 11.7% year-over-year sales increase in the third quarter of 2025.

According to the Fastenal’s earnings report posted on Oct. 13, the growth to a total sales figure of $2.13 billion reflects improved customer contract signings and changes in foreign exchange rates. From a product standpoint, its fastener product lines outperformed its non-fastener product lines in the quarter, and its safety project category also grew.

Gross margin of 45.3% grew 40 basis points, while SGA expenses also grew 11.5%. 3Q operating profit of $441.5 million grew 13.7% on margin of 20.7% (+40 bps year-over-year) and net profit of $335.5 million grew 12.6%.

In reporting its September results, it was the third straight month of double-digit daily sales growth for Fastenal, following 11.8% and 12.8% in August and July, respectively. September 2025 had one additional sales day vs. a year earlier.

Read more details about Fastenal’s 3Q earnings and a full analysis on MDM Premium: Fastenal Sales Momentum Carries through September as it Leans More into Fasteners, Key Accounts

Editor’s Note: Starting with Fastenal’s 3Q results that coincide with the release of its September sales results, MDM will provide a Premium version that details and analyzes the figures for each , as well as a free version that is more stripped down with “The Big Picture” headline figures. Not a Premium subscriber? You can change that here to access the best of MDM’s content.