Williams Companies, Inc. (WMB) FY2026 YTD Q2 P&L / Income Statement

Revenue by Business Segment

2026-01-01 to 2026-06-30

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Williams Companies, Inc. (WMB) FY2026 YTD Q2 P&L / Income StatementIncome statement for 2026-01-01 through 2026-06-30. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.SOURCESREVENUE RECONCILIATIONREVENUEGROSSOPERATINGPRE-TAXNETTransmission, Power & GulfWestGas & NGL Marketing ServicesNortheast G & PRevenuesRevenue before reconciliation (calculated)Intersegment EliminationsOther Operating SegmentGross profit (calculated)Cost of revenue (calculated)Cost of Goods and Service, Excluding Depreciation, Depletion, and AmortizationOperating income (loss)Operating expenses (calculated)Depreciation, depletion, and amortization expensesOperating and maintenance expensesGeneral and administrative expensesGain on sale of certain assets (Note 3)Other operating (income) expense – netIncome (loss) before income taxesOther income (expense), net (calculated)Net incomeLess: Provision (benefit) for income taxesRevenue before reconciliation (calculated)Revenue beforereconciliation(calculated)$6.57 BGross profit (calculated)Gross profit(calculated)$5.01 BOperating income (loss)Operatingincome (loss)$2.50 BIncome (loss) before income taxesIncome (loss)before income taxes$2.29 BRevenuesRevenues$6.08 BNet incomeNet income$1.79 BTransmission, Power & GulfTransmission,Power & Gulf$2.83 BOperating expenses (calculated)Operating expenses(calculated)$2.51 BLess: Provision (benefit) for income taxesLess: Provision(benefit) forincome taxes$504.00 MWestWest$1.48 BDepreciation, depletion, and amortization expensesDepreciation, depletion,and amortization expenses$1.18 BOther income (expense), net (calculated)Other income,net (calculated)−$211.00 MGas & NGL Marketing ServicesGas & NGLMarketing Services$1.17 BCost of revenue (calculated)Cost of revenue(calculated)$1.07 BOperating and maintenance expensesOperating andmaintenance expenses$1.16 BNortheast G & PNortheast G & P$1.09 BGeneral and administrative expensesGeneral andadministrative expenses$373.00 MCost of Goods and Service, Excluding Depreciation, Depletion, and AmortizationCost of Goods andService, ExcludingDepreciation…$1.07 BGain on sale of certain assets (Note 3)Gain on sale of certainassets (Note 3)−$194.00 MIntersegment EliminationsIntersegmentEliminations−$744.00 MOther Operating SegmentOther OperatingSegment$260.00 MOther operating (income) expense – netOther operating(income) expense – net−$10.00 M
Chart details

Williams Companies, Inc. (WMB) FY2026 YTD Q2 P&L / Income Statement

Income statement for 2026-01-01 through 2026-06-30. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Revenues
6,083,000,000 US dollars
Cost of revenue (calculated)
1,073,000,000 US dollars
Gross profit (calculated)
5,010,000,000 US dollars
Operating expenses (calculated)
2,507,000,000 US dollars
Operating income (loss)
2,503,000,000 US dollars
Other income (expense), net (calculated)
negative 211,000,000 US dollars
Income (loss) before income taxes
2,292,000,000 US dollars
Less: Provision (benefit) for income taxes
504,000,000 US dollars
Net income
1,788,000,000 US dollars
Transmission, Power & Gulf
2,826,000,000 US dollars
Northeast G & P
1,090,000,000 US dollars
West
1,479,000,000 US dollars
Gas & NGL Marketing Services
1,172,000,000 US dollars
Cost of Goods and Service, Excluding Depreciation, Depletion, and Amortization
1,073,000,000 US dollars
Operating and maintenance expenses
1,162,000,000 US dollars
Depreciation, depletion, and amortization expenses
1,176,000,000 US dollars
General and administrative expenses
373,000,000 US dollars
Gain on sale of certain assets (Note 3)
negative 194,000,000 US dollars
Other operating (income) expense – net
negative 10,000,000 US dollars
Revenue before reconciliation (calculated)
6,567,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
Intersegment Eliminations
negative 744,000,000 US dollars. Reported reconciliation to consolidated revenue.
Other Operating Segment
260,000,000 US dollars. Reported reconciliation to consolidated revenue.

Chart connections

  • Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
  • Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
  • Reported revenue categories plus the separately reported signed reconciliation equals consolidated revenue.
  • Of which attributable to Williams Companies, Inc.: $1.69 B; to noncontrolling interests: $96.00 M.
Williams Companies, Inc. (WMB) FY2026 YTD Q2 Revenue by Business Segment Sankey chart
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Gross margin

82.4%

Gross profit / revenue

Operating margin

41.1%

Operating profit / revenue

Cash conversion

166.6%

Operating cash / net income, same period

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