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Williams Companies (WMB) Q3 2026 Earnings: Guidance Reaffirmed

Q3 2026 (ended Sep 30, 2026): revenue, EPS and full-year guidance from the SEC filing

Published Nov 5, 2026

TL;DR

  • Williams Companies reaffirmed its full-year guidance; revenue +10.3% vs a year earlier.

Williams Companies's results for Q3 2026 (ended Sep 30, 2026) come from the company's own earnings release, filed with the SEC on 2026-11-02. Everything below is taken from that filing; quotes are copied exactly. Company outlooks are the company's own.

At a glance

ItemValue
Revenue (GAAP)$3,223 million (+10.3% vs a year earlier)
Diluted EPS (GAAP)$0.56
Adjusted per-share figure (company's non-GAAP measure; FFO/AFFO for REITs)$0.54
Full-year guidanceReaffirmed

Guidance

Continues to expect 2026 Adjusted EBITDA of $8.3–$8.5 billion, tracking toward the upper half; growth capex $7.3–$7.9 billion.

Why this label: 'continues to expect 2026 Adjusted EBITDA of $8.3 billion to $8.5 billion', tracking toward the upper half of the unchanged range.

MetricPeriodNewPrior (as stated in the release)
Adjusted EBITDAFY2026$8.3–$8.5 billion (tracking toward upper half)$8.3–$8.5 billion
growth capexFY2026$7.3–$7.9 billionnot stated
leverage ratio (debt-to-adjusted EBITDA) midpointFY2026~3.75xnot stated

From the release

Revenue: "Total revenues · 3,223 · 2,923 · 9,306 · 8,752"

Earnings per share: "GAAP net income: $699 million, or $0.56 per diluted share (EPS), up 8% and 6%, respectively, vs. 3Q 2025 • Adjusted net income: $663 million, or $0.54 per diluted share (Adj. EPS), up 10% vs. 3Q 2025"

Adjusted EBITDA: "The company continues to expect 2026 Adjusted EBITDA of $8.3 billion to $8.5 billion"

growth capex: "and growth capex between $7.3 billion and $7.9 billion."

leverage ratio (debt-to-adjusted EBITDA) midpoint: "The leverage ratio midpoint for 2026 is approximately 3.75x."

Quotes are copied from the filing; in table rows, cell borders are shown as “·”.

Key fact: Q3 Adjusted EBITDA rose 6% to $2.039 billion; 2026 guidance tracking upper half.

Source

Williams Companies earnings release (SEC filing), accession 0000107263-26-000035, filed 2026-11-02.

Part of the Q3 2026 Guidance Tracker. Educational only, not advice. Free weekly recap every Sunday: yieldterminalpro.com/newsletter.

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