Industrial distribution FMI sales combine Fastenal sales through FASTStock, FASTBin, and FASTVend inventory-management technology.
FMI sales were $1.081B in Q2 2026, up 16.4% from $928.5M a year earlier. FMI daily sales were $16.9M versus $14.5M, and FMI represented 44.6% of total sales versus 44.1%.
FMI growth includes channel migration
The total combines FASTStock sales with FASTBin/FASTVend sales. Fastenal says part of FMI growth, particularly in FASTStock and FASTBin, reflects products migrating from non-digital stocking locations into digital ones.
That means FMI growth measures adoption and sales capture through the system, not pure incremental end-market demand. FMI can also overlap with eBusiness sales, which is why Fastenal removes the overlap in its Digital Footprint calculation.
Primary source: Fastenal Q2 2026 Form 10-Q filed with the SEC.
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