Williams Reports Third-Quarter 2026 GAAP Net Income of $699 Million and Reaffirms Guidance
Williams Companies reported third-quarter 2026 GAAP net income of $699 million, or $0.56 per diluted share, representing an 8% increase compared to the third quarter of 2025. Adjusted EBITDA rose 6% year-over-year to $2.039 billion, supported by higher service revenues and ongoing infrastructure expansion projects. The company remains on track to achieve the upper half of its full-year 2026 Adjusted EBITDA guidance range of $8.3 billion to $8.5 billion.
Key points
- GAAP net income reached $699 million, or $0.56 per diluted share, up 8% from $646 million in the third quarter of 2025.
- Adjusted EBITDA increased by $119 million, or 6%, to $2.039 billion compared to $1.920 billion in the third quarter of 2025.
- Available funds from operations (AFFO) grew 10% to $1.589 billion, resulting in a dividend coverage ratio of 2.42x.
- The company reaffirmed its full-year 2026 Adjusted EBITDA guidance range of $8.3 billion to $8.5 billion, tracking toward the upper half.
The filing
Written by AI (Google Gemini, gemini-3.5-flash-lite) on Nov 2, 2026, 4:17 PM ET, from the text of the filing and its press-release exhibits only.
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