The Democratic National Committee is struggling to financially keep pace with its Republican counterpart, even as the party racks up wins and strong performances in early contests ahead of the 2026 midterm elections.

Recent federal filings underscore the disparity. The DNC brought in $11.4 million in March and reported $13.9 million in cash on hand, while the Republican National Committee raised $21.2 million and held roughly $116.7 million in reserves. The DNC is also carrying more than $18.3 million in debt, much of it tied to a $15 million loan taken out after the 2024 election cycle.