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.
Revenue
$4.2B
Gross Profit
N/A
Operating Profit
$1.1B
Net Profit
$691.0M
Gross Margin
N/A
Operating Margin
26.1%
Net Margin
16.5%
YoY Growth
25.4%
EPS
$0.56
Williams Companies Q1 FY2025 Financial Summary
Williams Companies reported revenue of $4.2B (up 25.4% YoY) for Q1 FY2025, with a net profit of $691.0M (up 9.3% YoY) (16.5% margin).
Key Financial Metrics
| Total Revenue | $4.2B |
|---|---|
| Net Profit | $691.0M |
| Gross Margin | N/A |
| Operating Margin | 26.1% |
| Report Period | Q1 FY2025 |
Revenue Breakdown
Williams Companies Q1 FY2025 revenue of $4.2B breaks down across 10 segments, led by Gas NGL Marketing Services at $2.1B (49.1% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Gas NGL Marketing Services | $2.1B | 49.1% |
| West | $726.0M | 17.3% |
| Natural Gas Us Regulated | $690.0M | 16.5% |
| Northeast G And P | $544.0M | 13.0% |
| Non Regulated Service Monetary Consideration | $192.0M | 4.6% |
| Non Regulated Service Commodity Consideration | $49.0M | 1.2% |
| Affiliated Entity | $20.0M | 0.5% |
| Natural Gas Gathering Transportation Marketing And Processing | $18.0M | 0.4% |
| Other Service | $17.0M | 0.4% |
| Other | $7.0M | 0.2% |
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 Gas NGL Marketing Services and West) has evolved quarter over quarter.
| Segment | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 |
|---|---|---|---|---|
| West | — | $730.0M | $709.0M | — |
| Natural Gas Us Regulated | — | $740.0M | $750.0M | — |
| Non Regulated Service Monetary Consideration | — | — | $247.0M | $226.0M |
Williams Companies Annual Revenue by Year
Williams Companies annual revenue history includes year-by-year totals (for example, 2025 revenue was $14.9B).
| Year | Annual Revenue |
|---|---|
| 2025 | $14.9B |
| 2024 | $12.6B |
| 2023 | $12.0B |
| 2022 | $17.8B |
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 |