Williams Companies Service — Revenue increased by 3.9% to $2.14B in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 11.4%, from $1.92B to $2.14B. Over 3 years (FY 2021 to FY 2024), Service — Revenue shows an upward trend with a 7.5% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
An increase indicates higher utilization of pipeline and processing infrastructure or successful contract renewals, while a decrease may signal reduced throughput volumes or contract expirations.
This metric represents the total revenue generated from providing midstream energy services, such as natural gas gatheri...
Peers in the midstream energy sector typically report this as fee-based or service-related revenue, which is often compared against total throughput volumes and contract duration metrics.
wmb_segment_service_revenues| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.49B | $1.55B | $1.64B | $1.60B | $1.68B | $1.73B | $1.71B | $1.70B | $1.75B | $1.79B | $1.82B | $1.91B | $1.84B | $1.92B | $2.00B | $2.03B | $2.06B | $2.14B |
| QoQ Change | — | +3.7% | +5.5% | -2.4% | +5.1% | +3.0% | -0.9% | -0.5% | +2.8% | +2.6% | +1.7% | +4.6% | -3.7% | +4.7% | +3.7% | +1.8% | +1.6% | +3.9% |
| YoY Change | — | — | — | — | +12.2% | +11.4% | +4.6% | +6.6% | +4.4% | +3.9% | +6.7% | +12.2% | +5.0% | +7.2% | +9.4% | +6.4% | +12.3% | +11.4% |