AI brief of an SEC Form 8-K · Williams Companies (WMB)

Williams Q1 2026 net income rises 25% to $864 million, EPS $0.70

Positive Impact 3 of 5 earnings Written later

Williams reported unaudited first-quarter 2026 results, with GAAP net income of $864 million, or $0.70 per diluted share, up from $690 million, or $0.56, a year earlier. Adjusted EBITDA rose 13% to $2.254 billion, and the company said it is on track to deliver Adjusted EBITDA in the upper half of its 2026 guidance range of $8.05 billion to $8.35 billion, while raising its 2026 dividend by 5%.

Key points

  • GAAP net income of $864 million ($0.70 per diluted share) vs. $690 million ($0.56) in Q1 2025
  • Adjusted EBITDA of $2.254 billion, up $265 million or 13% year over year
  • 2026 Adjusted EBITDA guidance of $8.05 billion to $8.35 billion maintained; 2026 dividend of $2.10 annualized, up 5% from $2.00 in 2025
  • Gain of $182 million from the January 2026 sale of South Mansfield upstream interests; net unrealized derivative losses of $193 million reduced the net income gain

The filing

CompanyWilliams Companies (WMB)
Form8-K, current report
Filed with the SECMay 4, 2026, 4:18 PM ET
Accession number0000107263-26-000015

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:21 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 04, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.