The Filings Report

Williams Companies Inc.

WMBNYSECIK 107263Energy / Oil & Gas Midstreamfiscal year ends December73 quarters since 2008

Revenue, Q2 FY2026
$3.1B
+9.8% on Q2 FY2025
Net income
$827M
+51.5% on Q2 FY2025
Free cash flow
−$458M
−195.8% on Q2 FY2025
Diluted EPS
$0.68
+51.1% on Q2 FY2025
Revenue, TTM
$12.2B
trailing four quarters
Net margin, TTM
25.2%
net income $3.1B
Free cash flow, TTM
−$108M
$6.0B less $6.1B capex
Cash and equivalents
—
long-term debt —, Jun 30, 2026
Shares, 12-month change
+0.2%
1.22B shares, Jun 30, 2026
Buybacks, TTM
—
no yield
Dividends, TTM
$2.5B
2.8% of market value
Market value
$90.9B
at the close, buybacks

Latest quarter Q2 FY2026, filed August 3, 2026. Trailing figures sum the latest four quarters. Market values at the latest close, from a market data vendor.

In Q2 FY2026, the quarter ended June 30, 2026, Williams Companies Inc. reported revenue of $3.1B, +9.8% on Q2 FY2025, and net income of $827M (+51.5%). Operating margin was 38.7%. Free cash flow, operating cash flow less capital expenditures, was −$458M ($1.4B less $1.8B). Diluted earnings per share were $0.68.

The last 16 quarters

Q3 FY2022 to Q2 FY2026, through the filing of August 3, 2026.

Revenue and net incomeRevenueNet income
$0$1B$2B$3B$4BQ3'22, Revenue: $3.0BQ3'22, Net income: $600MQ3'22Q4'22, Revenue: $2.9BQ4'22, Net income: $669MQ4'22Q1'23, Revenue: $3.1BQ1'23, Net income: $927MQ1'23Q2'23, Revenue: $2.5BQ2'23, Net income: $460MQ2'23Q3'23, Revenue: $2.6BQ3'23, Net income: $654MQ3'23Q4'23, Revenue: $2.8BQ4'23, Net income: $1.1BQ4'23Q1'24, Revenue: $2.8BQ1'24, Net income: $632MQ1'24Q2'24, Revenue: $2.3BQ2'24, Net income: $401MQ2'24Q3'24, Revenue: $2.7BQ3'24, Net income: $706MQ3'24Q4'24, Revenue: $2.7BQ4'24, Net income: $486MQ4'24Q1'25, Revenue: $3.0BQ1'25, Net income: $691MQ1'25Q2'25, Revenue: $2.8BQ2'25, Net income: $546MQ2'25Q3'25, Revenue: $2.9BQ3'25, Net income: $647MQ3'25Q4'25, Revenue: $3.2BQ4'25, Net income: $734MQ4'25Q1'26, Revenue: $3.0BQ1'26, Net income: $865MQ1'26Q2'26, Revenue: $3.1BQ2'26, Net income: $827MQ2'26$0$1B$2B$3B$4BQ3'22, Revenue: $3.0BQ3'22, Net income: $600MQ4'22, Revenue: $2.9BQ4'22, Net income: $669MQ4'22Q1'23, Revenue: $3.1BQ1'23, Net income: $927MQ2'23, Revenue: $2.5BQ2'23, Net income: $460MQ2'23Q3'23, Revenue: $2.6BQ3'23, Net income: $654MQ4'23, Revenue: $2.8BQ4'23, Net income: $1.1BQ4'23Q1'24, Revenue: $2.8BQ1'24, Net income: $632MQ2'24, Revenue: $2.3BQ2'24, Net income: $401MQ2'24Q3'24, Revenue: $2.7BQ3'24, Net income: $706MQ4'24, Revenue: $2.7BQ4'24, Net income: $486MQ4'24Q1'25, Revenue: $3.0BQ1'25, Net income: $691MQ2'25, Revenue: $2.8BQ2'25, Net income: $546MQ2'25Q3'25, Revenue: $2.9BQ3'25, Net income: $647MQ4'25, Revenue: $3.2BQ4'25, Net income: $734MQ4'25Q1'26, Revenue: $3.0BQ1'26, Net income: $865MQ2'26, Revenue: $3.1BQ2'26, Net income: $827MQ2'26

Net income losses drawn in red.

Free cash flow
−$500M$0$500M$1.0B$1.5BQ3'22, Free cash flow: $649MQ3'22Q4'22, Free cash flow: $413MQ4'22Q1'23, Free cash flow: $969MQ1'23Q2'23, Free cash flow: $767MQ2'23Q3'23, Free cash flow: $544MQ3'23Q4'23, Free cash flow: $1.1BQ4'23Q1'24, Free cash flow: $690MQ1'24Q2'24, Free cash flow: $700MQ2'24Q3'24, Free cash flow: $561MQ3'24Q4'24, Free cash flow: $450MQ4'24Q1'25, Free cash flow: $421MQ1'25Q2'25, Free cash flow: $478MQ2'25Q3'25, Free cash flow: $485MQ3'25Q4'25, Free cash flow: −$379MQ4'25Q1'26, Free cash flow: $244MQ1'26Q2'26, Free cash flow: −$458MQ2'26−$500M$0$500M$1.0B$1.5BQ3'22, Free cash flow: $649MQ4'22, Free cash flow: $413MQ4'22Q1'23, Free cash flow: $969MQ2'23, Free cash flow: $767MQ2'23Q3'23, Free cash flow: $544MQ4'23, Free cash flow: $1.1BQ4'23Q1'24, Free cash flow: $690MQ2'24, Free cash flow: $700MQ2'24Q3'24, Free cash flow: $561MQ4'24, Free cash flow: $450MQ4'24Q1'25, Free cash flow: $421MQ2'25, Free cash flow: $478MQ2'25Q3'25, Free cash flow: $485MQ4'25, Free cash flow: −$379MQ4'25Q1'26, Free cash flow: $244MQ2'26, Free cash flow: −$458MQ2'26

Operating cash flow less capital expenditures; negative quarters in red.

Cash and equivalents against long-term debtCash and equivalentsLong-term debt
$0$1B$2B$3BQ3'22, Cash and equivalents: $859MQ3'22Q4'22, Cash and equivalents: $152MQ4'22Q1'23, Cash and equivalents: $477MQ1'23Q2'23, Cash and equivalents: $551MQ2'23Q3'23, Cash and equivalents: $2.1BQ3'23Q4'23Q1'24Q2'24Q3'24Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26$0$1B$2B$3BQ3'22, Cash and equivalents: $859MQ4'22, Cash and equivalents: $152MQ4'22Q1'23, Cash and equivalents: $477MQ2'23, Cash and equivalents: $551MQ2'23Q3'23, Cash and equivalents: $2.1BQ4'23Q2'24Q4'24Q2'25Q4'25Q2'26

Positions at each quarter end, as filed; short-term investments are not included.

Income statement

Last eight quarters, newest first, through Q2 FY2026 filed August 3, 2026.

Williams Companies Inc. income statement, quarterly
Millions of dollarsQ2 FY2026ended Jun 30, 2026filed Aug 3, 2026Q1 FY2026ended Mar 31, 2026filed May 4, 2026Q4 FY2025ended Dec 31, 2025filed Feb 24, 2026Q3 FY2025ended Sep 30, 2025filed Nov 3, 2025Q2 FY2025ended Jun 30, 2025filed Aug 4, 2025Q1 FY2025ended Mar 31, 2025filed May 5, 2025Q4 FY2024ended Dec 31, 2024filed Feb 25, 2025Q3 FY2024ended Sep 30, 2024filed Nov 6, 2024YoYQ2 FY2026vs Q2 FY2025
Revenue3,0533,0303,1982,9232,7813,0482,7432,653+9.8%
Cost of revenue—————————
Gross profit—————————
Research and development—————————
Selling, general and administrative180193191168168194188170+7.1%
Operating income1,1821,3211,0481,1099451,094793838+25.1%
Other income (expense)3226182116141331+100.0%
Pretax income1,1361,1561,017929757922608968+50.1%
Income tax26024424424617419391227+49.4%
Net income827865734647546691486706+51.5%
Diluted EPS ($)0.680.70—0.530.450.56—0.58+51.1%
Diluted shares (millions)1,2251,226—1,2251,2241,225—1,223—

Fourth quarters are the fiscal year less the first nine months when the filer reports no discrete fourth quarter, and are marked. Diluted EPS is never derived, so a derived quarter shows none. Italic figures are derived.

Balance sheet

Last eight quarters, newest first, through Q2 FY2026 filed August 3, 2026.

Williams Companies Inc. balance sheet, quarterly
Millions of dollarsQ2 FY2026ended Jun 30, 2026filed Aug 3, 2026Q1 FY2026ended Mar 31, 2026filed May 4, 2026Q4 FY2025ended Dec 31, 2025filed Feb 24, 2026Q3 FY2025ended Sep 30, 2025filed Nov 3, 2025Q2 FY2025ended Jun 30, 2025filed Aug 4, 2025Q1 FY2025ended Mar 31, 2025filed May 5, 2025Q4 FY2024ended Dec 31, 2024filed Feb 25, 2025Q3 FY2024ended Sep 30, 2024filed Nov 6, 2024YoYQ2 FY2026vs Q2 FY2025
Cash and equivalents—————————
Short-term investments—————————
Total current assets3,1233,3203,2442,2713,2212,5352,6612,698−3.0%
Total assets60,61059,56958,57355,73656,14154,92454,53253,837+8.0%
Total current liabilities6,5464,0066,1065,3776,0126,2665,3124,719+8.9%
Long-term debt—————————
Total liabilities—————————
Stockholders’ equity13,19012,99212,80712,52012,43812,48712,43612,428+6.0%
Shares outstanding (millions)1,2231,2231,2221,2211,2211,2211,2191,219—

Positions at each period end. Nothing on this statement is derived. Long-term debt is the filed noncurrent line only; no total-debt composite is constructed across filers. Italic figures are derived.

Cash flow statement

Last eight quarters, newest first, through Q2 FY2026 filed August 3, 2026.

Williams Companies Inc. cash flow statement, quarterly
Millions of dollarsQ2 FY2026ended Jun 30, 2026filed Aug 3, 2026Q1 FY2026ended Mar 31, 2026filed May 4, 2026Q4 FY2025ended Dec 31, 2025filed Feb 24, 2026Q3 FY2025ended Sep 30, 2025filed Nov 3, 2025Q2 FY2025ended Jun 30, 2025filed Aug 4, 2025Q1 FY2025ended Mar 31, 2025filed May 5, 2025Q4 FY2024ended Dec 31, 2024filed Feb 25, 2025Q3 FY2024ended Sep 30, 2024filed Nov 6, 2024YoYQ2 FY2026vs Q2 FY2025
Operating cash flow1,3761,6031,5761,4391,4501,4331,2181,243−5.1%
Capital expenditures1,8341,3591,9559549721,012768682+88.7%
Free cash flow (CFO − capex)(458)244(379)485478421450561−195.8%
Depreciation and amortization592584593564605585565566−2.1%
Share repurchases——————00—
Dividends paid642642610611611610579579+5.1%

10-Qs file cash flows as year-to-date totals, so quarterly figures are differenced from consecutive filings and marked. Free cash flow is operating cash flow less capital expenditures, computed from the two filed lines. Italic figures are derived.

Annual statements

Every fiscal year filed, newest first, through FY2025 filed February 24, 2026.

Income statement

Williams Companies Inc. income statement, annual
Millions of dollarsFY2025ended Dec 31, 2025filed Feb 24, 2026FY2024ended Dec 31, 2024filed Feb 25, 2025FY2023ended Dec 31, 2023filed Feb 21, 2024FY2022ended Dec 31, 2022filed Feb 27, 2023FY2021ended Dec 31, 2021filed Feb 28, 2022FY2020ended Dec 31, 2020filed Feb 24, 2021FY2019ended Dec 31, 2019filed Feb 24, 2020FY2018ended Dec 31, 2018filed Feb 21, 2019FY2017ended Dec 31, 2017filed Feb 22, 2018FY2016ended Dec 31, 2016filed Feb 22, 2017FY2015ended Dec 31, 2015filed Feb 26, 2016FY2014ended Dec 31, 2014filed Feb 25, 2015FY2013ended Dec 31, 2013filed Feb 26, 2014FY2012ended Dec 31, 2012filed Feb 27, 2013FY2011ended Dec 31, 2011filed Feb 28, 2012FY2010ended Dec 31, 2010filed Feb 25, 2011FY2009ended Dec 31, 2009filed Feb 26, 2010FY2008ended Dec 31, 2008filed Aug 27, 2009FY2007ended Dec 31, 2007filed Aug 27, 2009
Revenue11,95010,50310,90710,96510,6277,7198,2018,6868,0317,4997,3607,6376,8607,4867,9306,6385,27811,89010,239
Cost of revenue———————————————————
Gross profit———————————————————
Research and development———————————————————
Selling, general and administrative721708665636558466558569594722741661512571477504330504461
Operating income4,1963,3394,3113,0182,6312,2021,9217689276892261,5691,3751,6121,8671,4071,1062,5331,787
Other income (expense)6910899186(43)3392(25)85102310(2)11(12)2012
Pretax income3,6252,9864,4052,5422,0732771,064331535(375)(1,713)3,5841,0801,2891,202385550——
Income tax8576401,00542551179335138(1,974)(25)(399)1,249401360124114204677490
Net income2,6182,2253,1792,0491,517211850(155)2,174(424)(571)2,114430859376(1,097)2851,418990
Diluted EPS ($)2.141.822.601.671.240.170.70(0.16)2.62(0.57)(0.76)2.920.621.370.63(1.86)0.492.401.63
Diluted shares (millions)1,2251,2231,2231,2231,2181,2151,214974829751749724687625598591586593610

Balance sheet

Williams Companies Inc. balance sheet, annual
Millions of dollarsFY2025ended Dec 31, 2025filed Feb 24, 2026FY2024ended Dec 31, 2024filed Feb 25, 2025FY2023ended Dec 31, 2023filed Feb 21, 2024FY2022ended Dec 31, 2022filed Feb 27, 2023FY2021ended Dec 31, 2021filed Feb 28, 2022FY2020ended Dec 31, 2020filed Feb 24, 2021FY2019ended Dec 31, 2019filed Feb 24, 2020FY2018ended Dec 31, 2018filed Feb 21, 2019FY2017ended Dec 31, 2017filed Feb 22, 2018FY2016ended Dec 31, 2016filed Feb 22, 2017FY2015ended Dec 31, 2015filed Feb 26, 2016FY2014ended Dec 31, 2014filed Feb 25, 2015FY2013ended Dec 31, 2013filed Feb 26, 2014FY2012ended Dec 31, 2012filed Feb 27, 2013FY2011ended Dec 31, 2011filed Feb 28, 2012FY2010ended Dec 31, 2010filed Feb 25, 2011FY2009ended Dec 31, 2009filed Feb 26, 2010FY2008ended Dec 31, 2008filed Aug 27, 2009FY2007ended Dec 31, 2007filed Aug 27, 2009
Cash and equivalents———1521,6801422891688991701002406818398897951,8671,4391,699
Short-term investments———————————————————
Total current assets3,2442,6614,5133,7974,5491,4291,5801,4642,1791,4621,5271,8901,6831,9241,8942,5303,7934,411—
Total assets58,57354,53252,62748,43347,61244,16546,04045,30246,35246,83549,02050,45527,14224,32716,50224,97225,28026,006—
Total current liabilities6,1065,3125,8304,8904,9722,3193,9681,8112,6462,9492,4972,5671,9831,5491,6752,5742,4773,519—
Long-term debt———————————————————
Total liabilities———————————————————
Stockholders’ equity12,80712,43612,40211,48511,42311,76913,36314,6609,6564,6436,1488,7774,8644,7521,2966,8038,4478,440—
Shares outstanding (millions)1,2221,2191,2171,2191,2161,2141,2121,211827826750748684682592586584——

Cash flow statement

Williams Companies Inc. cash flow statement, annual
Millions of dollarsFY2025ended Dec 31, 2025filed Feb 24, 2026FY2024ended Dec 31, 2024filed Feb 25, 2025FY2023ended Dec 31, 2023filed Feb 21, 2024FY2022ended Dec 31, 2022filed Feb 27, 2023FY2021ended Dec 31, 2021filed Feb 28, 2022FY2020ended Dec 31, 2020filed Feb 24, 2021FY2019ended Dec 31, 2019filed Feb 24, 2020FY2018ended Dec 31, 2018filed Feb 21, 2019FY2017ended Dec 31, 2017filed Feb 22, 2018FY2016ended Dec 31, 2016filed Feb 22, 2017FY2015ended Dec 31, 2015filed Feb 26, 2016FY2014ended Dec 31, 2014filed Feb 25, 2015FY2013ended Dec 31, 2013filed Feb 26, 2014FY2012ended Dec 31, 2012filed Feb 27, 2013FY2011ended Dec 31, 2011filed Feb 28, 2012FY2010ended Dec 31, 2010filed Feb 25, 2011FY2009ended Dec 31, 2009filed Feb 26, 2010FY2008ended Dec 31, 2008filed Aug 27, 2009FY2007ended Dec 31, 2007filed Aug 27, 2009
Operating cash flow5,8984,9745,9384,8893,9453,4963,6933,2933,0894,1552,7082,1152,2171,8353,4392,6512,5723,3552,237
Capital expenditures4,8932,5732,5162,2531,2391,2392,1093,2562,3992,0513,1674,0313,5722,5292,7962,7882,3873,394(2,868)
Free cash flow (CFO − capex)1,0052,4013,4222,6362,7062,2571,584376902,104(459)(1,916)(1,355)(694)643(137)185(39)5,105
Depreciation and amortization2,3472,2192,0712,0091,8421,7211,7141,7251,7361,7631,7381,1768157566611,5071,4691,3101,082
Share repurchases0013090———————————0474(526)
Dividends paid2,4422,3162,1792,0711,9921,9411,8421,3869921,2611,8361,412982742457284256250(233)

Insider activity

Form 4 filings by officers, directors and 10% owners, November 1, 2024 to November 1, 2026. Only open-market purchases and sales count as buys and sells; awards, exercises, tax withholding and gifts are listed in grey and never counted.

Bought, three months
$0
0 purchases by 0 insiders; officers and directors $0
Sold, three months
$1M
5 sales by 1 insider; officers and directors $1M
Bought, twelve months
$0
0 purchases by 0 insiders; officers and directors $0
Sold, twelve months
$11M
22 sales by 7 insiders; officers and directors $11M

The last 25 transactions

TradedInsiderRoleTransactionSharesPriceValueHeld afterFiled
Oct 1, 2026Wilson Terrance LaneSVP & General Counselopen-market sale2,000$67.85$136K262,259Oct 2, 2026
Sep 1, 2026Wilson Terrance LaneSVP & General Counselopen-market sale2,000$75.56$151K264,259Sep 2, 2026
Aug 14, 2026Wilson Terrance LaneSVP & General Counselopen-market sale2,800$74.84$210K278,359Aug 17, 2026
Aug 14, 2026Wilson Terrance LaneSVP & General Counselopen-market sale10,200$74.88$764K268,159Aug 17, 2026
Aug 14, 2026Wilson Terrance LaneSVP & General Counselgift1,900$0.00—266,259Aug 17, 2026
Aug 14, 2026Wilson Terrance LaneSVP & General Counselgiftindirect100$0.00—0Aug 17, 2026
Aug 6, 2026Wingo Robert R.Executive Vice Presidenttax withholding8,226$71.76$590K48,343Aug 10, 2026
Aug 5, 2026Turner Robb EDirectoraward2,785$71.81$200K8,785Aug 7, 2026
Aug 5, 2026Helms Lloyd W JrDirectoraward2,785$71.81$200K2,785Aug 7, 2026
Aug 3, 2026Wilson Terrance LaneSVP & General Counselopen-market sale2,000$70.65$141K281,159Aug 4, 2026
Jul 1, 2026Wilson Terrance LaneSVP & General Counselopen-market sale2,000$74.16$148K283,159Jul 2, 2026
Jun 25, 2026Porter John DeanEVP & CFOoption exercise1,899$24.98$47K198,466Jun 26, 2026
Jun 25, 2026Porter John DeanEVP & CFOtax withholding1,176$77.62$91K197,290Jun 26, 2026
Jun 1, 2026Wilson Terrance LaneSVP & General Counselopen-market sale10b5-12,000$71.30$143K285,159Jun 2, 2026
May 19, 2026Bergstrom Stephen WDirectorgift16,400$0.00—198,605May 20, 2026
May 15, 2026Jasek Glen G.Senior Vice Presidentoption exercise836$28.15$24K54,937May 18, 2026
May 15, 2026Jasek Glen G.Senior Vice Presidentopen-market sale836$78.13$65K54,101May 18, 2026
May 15, 2026Jasek Glen G.Senior Vice Presidentoption exercise1,664$29.09$48K55,765May 18, 2026
May 15, 2026Jasek Glen G.Senior Vice Presidentopen-market sale1,664$78.17$130K54,101May 18, 2026
May 14, 2026Larsen Larry CExecutive Vice President & COOopen-market sale12,000$76.48$918K98,219May 15, 2026
May 6, 2026Porter John DeanEVP & CFOopen-market sale50,000$75.37$4M196,567May 7, 2026
May 1, 2026Wilson Terrance LaneSVP & General Counselopen-market sale2,000$76.35$153K287,159May 4, 2026
Apr 28, 2026Bergstrom Stephen WDirectoraward10,355$73.04$756K215,005Apr 30, 2026
Apr 28, 2026Robeson Rose MDirectoraward3,818$73.04$279K37,852Apr 30, 2026
Apr 28, 2026Muncrief Richard EDirectoraward3,415$73.04$249K24,783Apr 30, 2026

Full insider history for Williams Companies Inc., or insider activity across all companies. A record of filings, not a recommendation.

Sources

Fiscal year ends in month 12; periods are labeled with the issuer's own fiscal calendar. Values are as most recently filed (restatements apply; per-share values are on current split basis per the connector's split table, flagged in adjusted). Flow items flagged in `derived` were computed (Q4 = FY − nine months; quarterly cash flow differenced from year-to-date filings) rather than read from a filing. `reconciliation.repaired` lists periods where a full-year figure was filed in a quarter slot: that row was dropped and the quarter rebuilt from the annual figure. `reconciliation.quarantined` lists periods where four filed quarters do not sum to the filed year — those quarterly values are withheld, so a blank there is a withholding rather than an absence of reporting.

Filer
Williams Companies, Inc., CIK 107263 on EDGAR
Extract generated
August 27, 2026
Withheld
none
Repaired
4 quarters where a full-year figure was filed in a quarter slot and the quarter was rebuilt: operating income FY2015, pretax income FY2017, income tax FY2018, pretax income FY2018
XBRL concepts behind each line

Income statement

Revenue: Revenues
Cost of revenue: not filed
Gross profit: not filed
Research and development: not filed
Selling, general and administrative: GeneralAndAdministrativeExpense, SellingGeneralAndAdministrativeExpense
Operating income: OperatingIncomeLoss
Other income (expense): OtherNonoperatingIncomeExpense
Pretax income: IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax: IncomeTaxExpenseBenefit
Net income: NetIncomeLoss
Diluted EPS ($): EarningsPerShareDiluted
Diluted shares (millions): WeightedAverageNumberOfDilutedSharesOutstanding

Balance sheet

Cash and equivalents: CashAndCashEquivalentsAtCarryingValue
Short-term investments: not filed
Total current assets: AssetsCurrent
Total assets: Assets
Total current liabilities: LiabilitiesCurrent
Long-term debt: not filed
Total liabilities: not filed
Stockholders’ equity: StockholdersEquity
Shares outstanding (millions): dei:EntityCommonStockSharesOutstanding

Cash flow statement

Operating cash flow: NetCashProvidedByUsedInOperatingActivities
Capital expenditures: PaymentsToAcquireProductiveAssets, PaymentsToAcquirePropertyPlantAndEquipment
Free cash flow (CFO − capex): not filed
Depreciation and amortization: DepreciationAndAmortization, DepreciationDepletionAndAmortization
Share repurchases: PaymentsForRepurchaseOfCommonStock
Dividends paid: PaymentsOfDividendsCommonStock

The data

The statements on this page as files, generated August 27, 2026.

JSON file
/data/financials/WMB.json