Texas Gov. Greg Abbott entered the 2026 governor’s race on Monday with $106 million in campaign funds on hand, according to new finance reports that show he raised almost $23 million from July through December 2025 while his leading Democratic challenger, state Rep. Gina Hinojosa, collected $1.3 million in the final 10 weeks of the year.
Abbott’s campaign reported the fundraising totals in required disclosures to Texas ethics authorities, who oversee state-level campaign finance reporting.
The Republican governor’s July-through-December haul included contributions from individual donors, political action committees and other entities that Texas law allows to give to statewide campaigns.
Hinojosa’s campaign reported that her $1.3 million in contributions over the last 10 weeks of 2025 came from supporters across Texas and from various political and advocacy groups that back Democratic candidates.
The latest reports positioned Abbott with a financial advantage over Hinojosa as both candidates prepared for the 2026 election cycle and planned advertising, staffing and voter outreach operations.
Abbott’s campaign said the cash-on-hand figure reflected money left after expenses such as staff salaries, travel, advertising and fundraising costs during the second half of 2025.
Hinojosa’s filing showed that her campaign, while far behind Abbott in total cash, maintained enough funds to continue building name recognition and expanding her statewide campaign infrastructure.
The Texas Ethics Commission requires candidates for statewide office to file semiannual reports that list contributions received, expenditures made and cash on hand by specific deadlines.
The reports for the period covering July through December 2025 became public after campaigns submitted them to the commission and the agency processed and posted the filings.
Abbott, who first won the governorship in 2014, continued to draw support from long-standing Republican donors who have backed his previous statewide campaigns.
Hinojosa, who serves in the Texas House of Representatives, used her fundraising announcement to demonstrate that she attracted enough early financial support to mount a competitive Democratic challenge.
Both campaigns planned additional fundraising events in major Texas cities after the release of the year-end finance reports.
The new figures followed earlier midyear reports that showed Abbott with a strong cash position heading into the second half of 2025 and Hinojosa in the process of ramping up her statewide operation.
Hinojosa’s filing showed that many of her donors gave in smaller amounts, which left her campaign with the opportunity to seek repeat contributions under state limits.
Both campaigns must continue to file periodic reports with the Texas Ethics Commission as the 2026 race advances and new fundraising and spending data become available.
