Williams Companies income statement

In fiscal 2025, Williams Companies reported revenue of $11.95bn, up 13.8% on the year before, operating income of $4.20bn (a 35.1% margin) and net income of $2.62bn, or $2.14 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Williams Companies: income statement, annual
Fiscal year	2009Dec 2009	2010Dec 2010	2011Dec 2011	2012Dec 2012	2013Dec 2013	2014Dec 2014	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMSept 2026
Revenue	5.3	6.6	7.9	7.5	6.9	7.6	7.4	7.5	8.0	8.7	8.2	7.7	10.6	11.0	10.9	10.5	12.0	12.5
Selling, general and administrative	0.3	0.5	0.5	0.6	0.5	0.7	0.7	0.7	0.6	0.6	0.6	0.5	0.6	0.6	0.7	0.7	—	—
General and administrative	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	0.7	0.8
Operating income	1.1	1.4	1.9	1.6	1.4	1.6	0.2	0.7	0.9	0.8	1.9	2.2	2.6	3.0	4.3	3.3	4.2	4.7
Interest expense	0.6	0.6	0.6	—	0.5	0.7	1.0	1.2	1.1	1.1	1.2	1.2	1.2	1.1	1.2	1.4	1.4	1.5
Income before tax	0.6	0.4	1.2	1.3	1.1	3.6	−1.7	−0.4	0.5	0.3	1.1	0.3	2.1	2.5	4.4	3.0	3.6	4.3
Income tax	0.2	0.1	0.1	0.4	0.4	1.2	−0.4	−0.0	−2.0	0.1	0.3	0.1	0.5	0.4	1.0	0.6	0.9	1.0
Net income	0.3	−1.1	0.4	0.9	0.4	2.1	−0.6	−0.4	2.2	−0.2	0.9	0.2	1.5	2.0	3.2	2.2	2.6	3.1
Diluted EPS	$0.49	−$1.86	$0.63	$1.37	$0.62	$2.92	−$0.76	−$0.57	$2.62	−$0.16	$0.70	$0.17	$1.24	$1.67	$2.60	$1.82	$2.14	$2.54
Diluted shares (average)	586m	591m	598m	625m	687m	724m	749m	751m	829m	974m	1,214m	1,215m	1,218m	1,223m	1,223m	1,223m	1,225m	1,229m
EBITDA	2.6	2.9	2.5	2.4	2.2	2.7	2.0	2.5	2.7	2.5	3.6	3.9	4.5	5.0	6.4	5.6	6.5	7.1

US$ millions unless shown otherwise. Fiscal quarters.

Williams Companies: income statement, quarterly
Quarter	2024 Q4Dec 2024	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Sept 2025	2025 Q4Dec 2025	2026 Q1Mar 2026	2026 Q2Jun 2026	2026 Q3Sept 2026
Revenue	2,743	3,048	2,781	2,923	3,198	3,030	3,053	3,223
Selling, general and administrative	188	194	168	168	—	—	—	—
General and administrative	—	—	—	—	191	193	180	275
Operating income	793	1,094	945	1,109	1,048	1,321	1,182	1,136
Interest expense	338	349	350	372	371	376	371	385
Income before tax	608	922	757	929	1,017	1,156	1,136	988
Income tax	91	193	174	246	244	244	260	221
Net income	486	691	546	647	734	865	827	700
Diluted EPS	$0.40	$0.56	$0.45	$0.53	$0.60	$0.70	$0.68	$0.56
EBITDA	1,358	1,679	1,550	1,673	1,641	1,905	1,774	1,756

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Williams Companies's SEC filings (10-K and 10-Q), retrieved November 2, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Williams Companies.