---
schema_version: "secwatch.filing_event.v1"
accession: "0000107263-26-000015"
form_type: "8-K"
ticker: "WMB"
cik: "0000107263"
company_name: "WILLIAMS COMPANIES, INC."
filed_at: "2026-05-04T23:59:59+00:00"
generated_at: "2026-05-14T23:48:59.345706+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Williams Q1 net income $864M (+25% YoY); adj. EPS $0.73, record Adjusted EBITDA $2.254B

## Summary
- GAAP net income $864M ($0.70 EPS), up 25% vs Q1 2025; adjusted net income $895M ($0.73 EPS).
- Adjusted EBITDA $2.254B (+13% YoY) driven by Transco expansions, new Gulf volumes, higher storage revenues.
- Cash from operations $1.603B (+12%); AFFO $1.770B (+22%); dividend coverage ratio 2.76x.
- 2026 guidance reaffirmed: Adjusted EBITDA $8.05-8.35B; growth capex raised to $7-7.6B; dividend up 5% to $2.10/yr.
- Signed customer agreement for Neo ($2.3B, 682 MW) and Atlas (164 MMcf/d) data center projects; Silver Spur expansion (275 MMcf/d).

## SEC filing metadata
- accession: 0000107263-26-000015
- form_type: 8-K
- ticker: WMB
- cik: 0000107263
- company_name: WILLIAMS COMPANIES, INC.
- filed_at: 2026-05-04T23:59:59+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/107263/000010726326000015/0000107263-26-000015-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/107263/000010726326000015/wmb-20260504.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000107263-26-000015
- JSON: https://secwatch.observer/filing/0000107263-26-000015.json
- Plain text: https://secwatch.observer/filing/0000107263-26-000015.txt

## Key facts
- Earnings Releases
  WILLIAMS COMPANIES, INC. reported the three months ended March 31, 2026 results: net income $864 million, or $0.70 per diluted share (EPS), EPS $0.70 per diluted share. Guidance reaffirmed.
  - Period: the three months ended March 31, 2026
  - Net income: $864 million, or $0.70 per diluted share (EPS)
  - EPS: $0.70 per diluted share
  - Guidance: reaffirmed
  - Result: reported results
  source text: announced its unaudited financial results for the three months ended March 31, 2026. Natural gas-focused strategy continues to drive key financial results • GAAP net income: $864 million, or $0.70 per diluted share (EPS), up 25% vs. 1Q 2025 • Adjusted net income: $895 million, or $0.73 per diluted share (Adj. EPS), up 23% and 22%, respectively, vs. 1Q 2025 •
  evidence_url: https://www.sec.gov/Archives/edgar/data/107263/000010726326000015/0000107263-26-000015-index.htm

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