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Williams Companies (WMB) Q3 2026 earnings results (third quarter 2026)

8-K filed Nov 2, 2026

Williams Companies (WMB) reported revenue of $3.2B for the third quarter 2026 (Q3 2026), +10% from a year earlier and +6% from the quarter before. Operating margin was 35.2%, net earnings $700M (21.7% of revenue).

Revenue$3.2B
Year over year+10%
Quarter over quarter+6%
Operating margin35.2%
Net earnings$700M

Williams Companies, Q3 2026: revenue $3.2B (+10% year over year), operating margin 35.2%, net earnings $700M. The chart follows the revenue to costs, profit and cash.

Q3 2026AmountQ/QY/Y
Revenue$3.2B+6%+10%
Operating profit$1.1B-4%+2%
Net earnings$700M-15%+8%

What changed

Revenue was $3.2B in Q3 2026, up 10% year over year and up 6% from the previous quarter. Service revenues was the largest line at 72% of revenue.

Operating profit was $1.1B, a 35.2% margin (down 2.7 points year over year). Of the extra revenue versus Q3 2025, 9% reached operating profit, below the 38% margin then. Total costs grew 15% against revenue growth of 10%. The fastest-growing cost line was Other operating costs (+10%). Net earnings were $0.70B, up 8% year over year. The effective tax rate was 22.4%.

Questions

What was Williams Companies' revenue in the third quarter 2026?

Williams Companies (WMB) reported revenue of $3.2B for the third quarter 2026 (Q3 2026), +10% from a year earlier and +6% from the quarter before.

Was Williams Companies profitable in the third quarter 2026?

Operating profit was $1.1B (35.2% of revenue) and net earnings $700M.

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Source: Williams Companies 8-K on SEC EDGAR.