快扣 2025年季度报告

FORM10-Q (Mark One) ☒Quarterly report pursuant to Section13 or 15(d) of the Securities Exchange Act of 1934For the quarterly period endedSeptember 30, 2025, or☐Transition report pursuant to Section13 or 15(d) of the Securities Exchange Act of 1934For the transition period from__________to__________Commission file number0-16125 FASTENAL COMPANY (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) (507)454-5374(Registrant's telephone number, including area code) Not Applicable(Former name, former address and former fiscal year, if changed since last report) Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant: (1)has filed all reports required to be filed by Section13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports),and (2)has been subject to such filing requirements for the past 90 days.YesýNo☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that theregistrant was required to submit such files.)YesýNo☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smallerreporting company, or an emerging growth company. See the definitions of "large accelerated filer", "accelerated filer", "smallerreporting company", and "emerging growth company" in Rule 12b-2 of the Exchange Act. Large Accelerated FilerýNon-accelerated Filer☐ AcceleratedFiler☐SmallerReportingCompany☐Emerging Growth Company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).Yes☐NoýAs of October10, 2025, there were approximately1,148,035,721shares of the registrant's common stock outstanding. FASTENAL COMPANY INDEX PagePART IFINANCIAL INFORMATIONITEM 1.FINANCIAL STATEMENTSCondensed Consolidated Balance Sheets1Condensed Consolidated Statements of Income2Condensed Consolidated Statements of Comprehensive Income3Condensed Consolidated Statements of Stockholders' Equity4Condensed Consolidated Statements of Cash Flows5Notes to Condensed Consolidated Financial Statements6ITEM 2.MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTSOF OPERATIONS13ITEM 3.QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK29ITEM 4.CONTROLS AND PROCEDURES30PART IIOTHER INFORMATIONITEM 1.LEGAL PROCEEDINGS31ITEM 1A.RISK FACTORS31ITEM 2.UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS31ITEM 5.OTHER INFORMATION31ITEM 6.EXHIBITS31 PART I — FINANCIAL INFORMATION FASTENAL COMPANY Condensed Consolidated Balance Sheets(Amounts in millions except share and per share information)(Unaudited) FASTENAL COMPANY Condensed Consolidated Statements of Income(Amounts in millions except income per share)(Unaudited) FASTENAL COMPANY Condensed Consolidated Statements of Comprehensive Income(Amounts in millions)(Unaudited) FASTENAL COMPANY Condensed Consolidated Statements of Stockholders' Equity(Amounts in millions except per share information)(Unaudited) FASTENAL COMPANY Condensed Consolidated Statements of Cash Flows(Amounts in millions)(Unaudited) FASTENAL COMPANY Notes to Condensed Consolidated Financial Statements(Amounts in millions except share and per share information and where otherwise noted) September30, 2025 and 2024 (Unaudited) (1)Basis of Presentation The accompanying unaudited condensed consolidated financial statements of Fastenal Company and subsidiaries (the 'Company,''Fastenal,' 'we,' 'our,' or 'us') have been prepared in accordance with U.S. generally accepted accounting principles (GAAP) for interimfinancial information. They do not include all information and footnotes required by U.S. GAAP for a complete set of financialstatements. However, except as described herein, there has been no material change in the information disclosed in the Notes toConsolidated Financial Statements included in our consolidated financial statements as of and for the year ended December31, 2024.In the opinion of management, all adjustments (consisting of normal recurring adjustments) considered necessary for a fair statementhave been included. Stock Split On April 23, 2025, the Company announced atwo-for-one stock split of its outstanding common stock. Holders of the Company'scommon stock, par value $0.01per share, at the close of business on May 5, 2025, receivedoneadditional share of com