WMB Q3 2025 Earnings — The Williams Companies, Inc. Revenue & Financial Results | Market Cap Arena

WMBThe Williams Companies, Inc.

$91B

Q3 2025 Earnings

Energy Oil & Gas Midstream

Income Statement

Revenue

$2.9B+10.2% YoY

Gross Profit

$2.5B83.9% margin

Operating Income

$1.1B37.9% margin

Net Income

$647M22.1% margin

EPS (Diluted)

$0.53

QoQ Revenue Growth

+5.5%

Cash Flow

Operating Cash Flow

$1.4B

Free Cash Flow

$485M

Stock-Based Comp.

-$49M

Balance Sheet

Total Assets

$55.7B

Total Liabilities

$40.9B

Stockholders' Equity

$12.5B

Cash & Equivalents

$70M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.9B	$2.7B	+10.2%
Gross Profit	$2.5B	$1.6B	+56.9%
Operating Income	$1.1B	$838M	+32.3%
Net Income	$647M	$706M	-8.4%

Revenue Segments

Gas & NGL Marketing Services

$1.5B67%

West

$712M33%

Geographic Segments

West

$712M100%