Williams CompaniesWMBEarnings & Financial Report
The Williams Companies, Inc. is an American energy company based in Tulsa, Oklahoma. Its core business is natural gas processing and transportation, with additional petroleum and electricity generation assets. A Fortune 500 company, its common stock is a component of the S&P 500.
WMB Q1 FY2026 Key Financial Metrics
Revenue
$3.0B
Gross Profit
N/A
Operating Profit
$1.3B
Net Profit
$864.0M
Gross Margin
N/A
Operating Margin
43.6%
Net Margin
28.5%
YoY Growth
-0.6%
EPS
$0.70
Williams Companies Q1 FY2026 Financial Summary
Williams Companies reported revenue of $3.0B (down 0.6% YoY) for Q1 FY2026, with a net profit of $864.0M (up 25.1% YoY) (28.5% margin).
Key Financial Metrics
| Total Revenue | $3.0B |
|---|---|
| Net Profit | $864.0M |
| Gross Margin | N/A |
| Operating Margin | 43.6% |
| Report Period | Q1 FY2026 |
Revenue Breakdown
Williams Companies Q1 FY2026 revenue of $3.0B breaks down across 3 segments, led by Service revenues at $2.2B (72.8% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Service revenues | $2.2B | 72.8% |
| Other | $778.0M | 25.7% |
| Service revenues - commodity consideration | $46.0M | 1.5% |
Williams Companies Revenue by Segment — Quarterly Trend
Williams Companies revenue by segment across the last 4 reported quarters, showing how each business line (such as Service revenues and Other) has evolved quarter over quarter.
| Segment | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 |
|---|---|---|---|---|
| Service revenues | $2.2B | — | — | — |
| Other | $778.0M | $14.0M | $6.0M | $8.0M |
| Service revenues - commodity consideration | $46.0M | — | — | — |
Williams Companies Annual Revenue by Year
Williams Companies annual revenue history includes year-by-year totals (for example, 2025 revenue was $14.9B).
Williams Companies Quarterly Revenue & Net Profit History
Williams Companies results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $3.0B | -0.6% | $864.0M | 28.5% |
| Q4 FY2025 | $3.8B | +12.7% | $734.0M | 19.1% |
| Q3 FY2025 | $3.5B | +15.0% | $647.0M | 18.5% |
| Q2 FY2025 | $3.4B | +18.7% | $546.0M | 16.2% |
| Q1 FY2025 | $4.2B | +25.4% | $691.0M | 16.5% |
| Q4 FY2024 | $3.4B | +12.9% | $486.0M | 14.2% |
| Q3 FY2024 | $3.0B | -0.8% | $706.0M | 23.3% |
| Q2 FY2024 | $2.8B | +1.9% | $401.0M | 14.1% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.85B | $3.04B | $3.41B | $4.19B | $3.38B | $3.49B | $3.84B | $3.03B |
| YoY Growth | 1.9% | -0.8% | 12.9% | 25.4% | 18.7% | 15.0% | 12.7% | -0.6% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $52.41B | $53.84B | $54.53B | $54.92B | $56.14B | $55.74B | $58.57B | $59.6M |
| Liabilities | $40.11B | $41.41B | $42.10B | $42.44B | $43.70B | $43.22B | $45.77B | $46.6M |
| Equity | $12.30B | $12.43B | $12.44B | $12.49B | $12.44B | $12.52B | $12.81B | $13.0M |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $1.28B | $1.24B | $1.22B | $1.43B | $1.45B | $1.44B | $1.58B | $6.32B |