The England captain joined Fever in 2023 and has not missed a game in her first two seasons at the Club.
Williams said: “I am really excited to be re-signing with Fever for my third season.
“After one of the toughest losses I’ve faced in the 2025 SSN Grand Final, my motivation to continue to strive for more with this Club couldn’t be higher.
“I feel very grateful to be a part of the world-class environment here at Fever as well as have such good support from my amazing teammates and of course the incredible Green Army.”
Head Coach Dan Ryan said: “Fran is a fierce competitor and a highly respected member of our team and Club. She’s been such an impactful contributor on and off the court the past two seasons, so we are thrilled to have her in green for a third season.
“Fran is as hard working and dedicated as they come and has really challenged herself this year to grow her game inside and outside of the circle. She’s now a genuine triple threat for us in all three positions and whatever role the team needs from her, she embraces it wholeheartedly and delivers.
“She’s an astute and unique operator and sets an incredibly high standard of excellence in our environment and I’m excited to see what she brings to the court for us in 2026.”