The Williams Companies (WMB) Revenue — Quarter Ended Mar 31, 2023
Revenue decreased compared to both the previous quarter and the same quarter last year. The decline follows a pattern of decreasing revenue from earlier quarters.
Key takeaway
Quarter ended Mar 31, 2023 · FY2023 Q1
Revenue decreased compared to both the previous quarter and the same quarter last year. The decline follows a pattern of decreasing revenue from earlier quarters.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3.1B
Revenue reported for this quarter.
Quarter-over-quarter
-24.4%
Change from the immediately preceding quarter.
Year-over-year
-24.0%
Change from the comparable year-ago quarter.
Trailing four quarters
$16.8B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jun 30, 2022 | $4.6B | +101.7% |
| Sep 30, 2022 | $5B | +32.5% |
| Dec 31, 2022 | $4.1B | -0.3% |
| Mar 31, 2023 | $3.1B | -24.0% |
Revenue performance
Reported revenue declined from the immediately preceding quarter and from the year-ago quarter.
Quarterly comparison
Compared to the prior quarter, revenue was lower. Compared to the same quarter one year earlier, revenue also declined.
What to watch
Monitor whether revenue continues to decline in upcoming quarters.