WMB Q4 2025 Earnings — The Williams Companies, Inc. Revenue & Financial Results | Market Cap Arena

WMBThe Williams Companies, Inc.

$91B

Q4 2025 Earnings

Energy Oil & Gas Midstream

Income Statement

Revenue

$3.2B+16.6% YoY

Gross Profit

$1.5B46.8% margin

Operating Income

$1.3B40.9% margin

Net Income

$734M23.0% margin

EPS (Diluted)

$0.60

QoQ Revenue Growth

+9.4%

Cash Flow

Operating Cash Flow

$1.6B

Free Cash Flow

-$485M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$58.6B

Total Liabilities

$43.6B

Stockholders' Equity

$12.8B

Cash & Equivalents

$63M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.2B	$2.7B	+16.6%
Gross Profit	$1.5B	$1.6B	-3.7%
Operating Income	$1.3B	$793M	+64.8%
Net Income	$734M	$486M	+51.0%

Revenue Segments

Gas & NGL Marketing Services

$1.9B72%

West

$733M28%

Geographic Segments

West

$1.5B100%