The Williams Companies (WMB) Revenue — Quarter Ended Sep 30, 2023
Revenue increased from the preceding quarter but declined compared to the same period last year.
Key takeaway
Quarter ended Sep 30, 2023 · FY2023 Q3
Revenue increased from the preceding quarter but declined compared to the same period last year.
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
+9.5%
Change from the immediately preceding quarter.
Year-over-year
-38.4%
Change from the comparable year-ago quarter.
Trailing four quarters
$13.1B
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 |
|---|---|---|
| Dec 31, 2022 | $4.1B | -0.3% |
| Mar 31, 2023 | $3.1B | -24.0% |
| Jun 30, 2023 | $2.8B | -39.0% |
| Sep 30, 2023 | $3.1B | -38.4% |
Revenue performance
The quarter reversed a sequential decline, though the year-over-year comparison remains negative.
Quarterly comparison
The reported revenue was higher than the immediately prior quarter, yet lower than the same quarter one year earlier.
What to watch
The significant year-over-year decline in revenue warrants attention.