The Williams Companies (WMB) Revenue — Quarter Ended Jun 30, 2023
Revenue for the quarter declined compared with both the prior quarter and the same period one year earlier. The year-over-year decrease was particularly pronounced.
Key takeaway
Quarter ended Jun 30, 2023 · FY2023 Q2
Revenue for the quarter declined compared with both the prior quarter and the same period one year earlier. The year-over-year decrease was particularly pronounced.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2.8B
Revenue reported for this quarter.
Quarter-over-quarter
-10.4%
Change from the immediately preceding quarter.
Year-over-year
-39.0%
Change from the comparable year-ago quarter.
Trailing four quarters
$15B
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 |
|---|---|---|
| Sep 30, 2022 | $5B | +32.5% |
| Dec 31, 2022 | $4.1B | -0.3% |
| Mar 31, 2023 | $3.1B | -24.0% |
| Jun 30, 2023 | $2.8B | -39.0% |
Revenue performance
Reported revenue moved downward, continuing a pattern of declining sequential revenue seen over recent quarters.
Quarterly comparison
Compared with the immediately preceding quarter, revenue was lower. On a year-over-year basis, the decline was steeper than the sequential drop.
What to watch
Monitor whether the year-over-year revenue decline moderates in upcoming filings.