Midterm Ad Spend Soars, California Leads At $315M
Ad spending for 2026 midterm political season is already trending 47% higher to $3.9 billion through May 29 versus the same time period in 2022, according to AdImpact.
For the 2022 midterms, spending amounted to $2.65 billion through the same day, and totaled $9.0 billion by November.
Earlier projections estimated that $10.8 billion would be spent for the entire 2026 political election period -- with $5.3 billion going to broadcast TV and $2.5 billion to connected TV.
Roughly 70% of overall political ad spend goes to TV (national/local) and streaming/CTV.