WMB Q2 2025 Earnings — The Williams Companies, Inc. Revenue & Financial Results | Market Cap Arena

WMBThe Williams Companies, Inc.

$91B

Q2 2025 Earnings

Energy Oil & Gas Midstream

Income Statement

Revenue

$2.8B+18.6% YoY

Gross Profit

$1.1B38.1% margin

Operating Income

$887M32.0% margin

Net Income

$546M19.7% margin

EPS (Diluted)

$0.45

QoQ Revenue Growth

-9.1%

Cash Flow

Operating Cash Flow

$1.4B

Free Cash Flow

$478M

Stock-Based Comp.

$19M

Balance Sheet

Total Assets

$56.1B

Total Liabilities

$41.3B

Stockholders' Equity

$12.4B

Cash & Equivalents

$903M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.8B	$2.3B	+18.6%
Gross Profit	$1.1B	$1.4B	-22.1%
Operating Income	$887M	$696M	+27.4%
Net Income	$546M	$401M	+36.2%

Revenue Segments

Gas & NGL Marketing Services

$1.4B36%

Transmission And Gulf Of America

$1.3B33%

West

$676M17%

Northeast G And P

$541M14%

Geographic Segments

West

$676M100%