Fastenal (FAST) Revenue — Quarter Ended Dec 31, 2023
Revenue for the quarter decreased from the prior quarter but increased compared to the same quarter last year. The sequential decline followed a period of year-over-year growth.
Key takeaway
Quarter ended Dec 31, 2023 · FY2023 Q4
Revenue for the quarter decreased from the prior quarter but increased compared to the same quarter last year. The sequential decline followed a period of year-over-year growth.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.8B
Revenue reported for this quarter.
Quarter-over-quarter
-4.7%
Change from the immediately preceding quarter.
Year-over-year
+3.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$7.3B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Mar 31, 2023 | $1.9B | +9.1% |
| Jun 30, 2023 | $1.9B | +5.9% |
| Sep 30, 2023 | $1.8B | +2.4% |
| Dec 31, 2023 | $1.8B | +3.7% |
Revenue performance
The reported revenue reflects a quarter-over-quarter decline, while maintaining a year-over-year increase.
Quarterly comparison
Compared to the immediately preceding quarter, revenue was lower. Compared to the same quarter one year earlier, revenue was higher.
What to watch
Monitor whether the quarter-over-quarter decline stabilizes in future periods.