US Political Ad Spending 2026

The Most Expensive Midterm Election Cycle of All Time Bodes Well for Broadcast TV and CTV

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About This Report
Cyclical political ad spending is surging again, and midterms are no longer much of a step down from presidential cycles. Broadcast TV still dominates campaigns, but CTV is reshaping political advertising faster than any other channel.
Table of Contents

Political ad spending will approach presidential-cycle highs in 2026 as competitive Senate, House, and gubernatorial races flood TV and digital channels with campaign dollars. Broadcast TV will remain dominant, but connected TV (CTV) and social will capture most of the four-year growth.

Key Question: How much will be spent on political advertising in the US in 2026, what is the growth outlook, and how will spending be allocated across channels and formats?

Key Stat: Midterm political ad spending will exceed $11 billion in 2026, up enormously from 2022 and down only marginally from the presidential cycle of 2024.

authors

Ethan Cramer-Flood, Chuck Rawlings

Contributors

Ross Benes
Senior Analyst
Naomi Rebuelta
Copy Editor
Matt Torpey
Senior Data Visualization Editor
Johann Valderrama
Data Visualization Editor
Julia Woolever
Director, Report Editing
Yoram Wurmser
Principal Analyst
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