---
schema_version: "secwatch.filing_event.v1"
accession: "0000107263-25-000121"
form_type: "8-K"
ticker: "WMB"
cik: "0000107263"
company_name: "WILLIAMS COMPANIES, INC."
filed_at: "2025-08-04T23:59:59+00:00"
generated_at: "2026-05-17T21:21:10.679734+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Williams Q2 2025 Adj. EBITDA up 8% to $1.81B; raises FY guidance midpoint to $7.75B

## Summary
- GAAP net income $546M ($0.45 EPS); Adj. net income $566M ($0.46 EPS), up 7% YoY.
- Adjusted EBITDA $1.808B (+8% YoY) driven by Transco expansions and Gulf volumes.
- FY 2025 Adj. EBITDA guidance raised to $7.75B midpoint (range $7.6B-$7.9B).
- Dividend increased 5.3% to $2.00 annualized; dividend coverage 2.16x.
- Placed Transco expansion projects and Saber Midstream acquisition into service during Q2.

## SEC filing metadata
- accession: 0000107263-25-000121
- form_type: 8-K
- ticker: WMB
- cik: 0000107263
- company_name: WILLIAMS COMPANIES, INC.
- filed_at: 2025-08-04T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/107263/000010726325000121/0000107263-25-000121-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/107263/000010726325000121/wmb-20250804.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000107263-25-000121
- JSON: https://secwatch.observer/filing/0000107263-25-000121.json
- Plain text: https://secwatch.observer/filing/0000107263-25-000121.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.