WMB · 10-Q · 2026Q3 · Full report

Net Income and Profitability

WILLIAMS COMPANIES, INC. · 2026-11-02 · Importance 59 · Surprise 48 · From source text

Net income attributable to The Williams Companies, Inc. increased $508 million, or 27%, to $2.392 billion for the nine months ended September 30, 2026, from $1.884 billion in 2025. Consolidated operating income rose to $3.639 billion from $3.148 billion, while income before income taxes increased to $3.280 billion from $2.608 billion. The filing attributes revenue growth to the Momentum acquisition, expansion projects, higher Gulf Coast storage rates, Northeast JV volumes, and Socrates South power revenue.

Key facts

• Williams' net income attributable to the company was $2.392 billion for the nine months ended September 30, 2026, compared with $1.884 billion in the prior-year period.
• Williams' operating income was $3.639 billion in the nine months ended September 30, 2026, compared with $3.148 billion in the prior-year period.
• In January 2026, Williams completed the sale of South Mansfield upstream interests for $398 million, with additional contingent consideration possibly receivable through 2029.
• Williams' diluted earnings per common share were $1.94 for the nine months ended September 30, 2026, compared with $1.54 in the prior-year period.
• In June 2026, Williams sold its Brazos Permian II, LLC equity-method investment for $143 million and recognized a $127 million gain in the second quarter of 2026.
• Williams’ net income attributable to the company increased $508 million for the nine months ended September 30, 2026, compared with the same period in 2025.
• In August 2026, Williams sold certain Permian Basin gas gathering assets for $139 million and recognized an $83 million gain in the third quarter of 2026.
• Williams recognized a $182 million gain on the South Mansfield sale in the first quarter of 2026 and an additional $12 million gain in the second quarter of 2026.

Impact estimates