Comparison of closely related species that differ in their life histories is a powerful method for studying the underlying physiological mechanisms contributing to life-history variation. I investigated whether two closely related members of the Camponotus festinatus species complex of desert carpenter ants, C. nr. festinatus Desert Light and C. nr. festinatus Desert Dark, differed in their life-history tactics with respect to fat storage. Newly mated queens were collected in the field, and colonies were reared under common conditions in the laboratory for 2 yr before sampling. I show that the two species differ in fat storage at the individual level. While the basic scaling relationship between lean mass and fat content did not differ between the two species, Dark workers and soldiers stored significantly more fat per unit lean mass than Light workers or soldiers. There were no significant demographic differences in the proportions of workers or soldiers involved in fat storage between the two species, although there was a trend toward Light colonies having a greater proportion of soldiers storing large amounts of fat. There was also no significant difference in the total amount of fat stored by the two species at the colony level. The detection of strong individual-level effects but no colony-level effects was likely due to the low statistical power of colony-level analyses. Showing that these two closely related species differ in fat storage at the individual level in a common environment demonstrates their utility as a model for understanding the physiological and behavioral mechanisms regulating life-history variation in fat storage in ants.