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New Mexico · U.S. Senate · 2026

New Mexico Senate race

General election in 51 days · Nov 3, 2026
The read · New Mexico Senate race

Ben Ray Luján has raised more than 139 times the next candidate.

Candidates in the New Mexico Senate race, 2026 report raising $4.7M between them. Ben Ray Luján reports $4.7M and Larry Marker reports $33,525, a gap of $4.6M. Of what Ben Ray Luján reports, 62% came from individuals and 37% from PACs.

Public campaign-finance filings, 2026 cycle. Candidate rows are filers on record, not final ballot lists. Totals are rounded to whole dollars.

Every candidate on file

Ranked by money raised. Each row shows the campaign money mix and a plain-English read.

Ben Ray Luján

Ben Ray Luján

DIncumbent
D · incumbent

Incumbent leans on PAC money. 37% from PACs and 62% from individuals.

62% individuals37% PACs1% other
$4.7M
raised
LM

Larry Marker

R
R · challenger

Small-donor heavy. 85% from individuals and 0% from PACs.

85% individuals0% PACs15% other
$34K
raised
MD

Matt Dodson

D
D · challenger

66% from individuals, 0% from PACs, and 34% from other sources.

66% individuals0% PACs34% other
$33K
raised
BL

Ben L

R
R · challenger

No receipts on file yet.

0% individuals0% PACs100% other
$0
raised

Where the money came from

$0 in itemized outside money is on file for this cycle. Candidate fundraising is shown separately below.

Small donors & unclassified$80K
Health & Pharma$20K
Ideological / Leadership$20K
Banking & Financial$10K
Labor / Unions$10K

Biggest itemized outside spenders

  • A NEW DIRECTION PAC · pac$10K
  • AMERICAN OPTOMETRIC ASSOCIATION POLITICAL ACTION COMMITTEE · pac$10K
  • AMERICAN OSTEOPATHIC INFORMATION ASSOCIATION - OSTEOPATHIC POLITICAL ACTION COMMITTEE · pac$10K
  • BLUE SENATE PAC · pac$10K
  • COMMON GROUND PAC · pac$10K
  • FORWARD TOGETHER PAC · pac$10K
  • M-PAC · pac$10K
  • NUTMEG PAC · pac$10K

PACs vs the people

This split is from the candidates' own reported fundraising.

37%62%
37% PACs62% individuals1% other

The incumbent's record

Ben Ray Luján is the linked incumbent for this race.

Net worth (2025)
$195K
$89K - $300K.
Stock trades
None on file
No disclosed individual stock transactions.
Committees
6
Current full committee seats on file.

Where they sit

  • United States Senate Caucus on International Narcotics Control
  • Senate Committee on Indian Affairs
  • Senate Committee on Agriculture, Nutrition, and Forestry
  • Senate Committee on Commerce, Science, and Transportation
  • Senate Committee on the Budget
  • Senate Committee on Finance

Who funds them

This is the incumbent's own funding by donor sector for the cycle.

Small donors & unclassified$80K
Health & Pharma$20K
Ideological / Leadership$20K
Banking & Financial$10K
Labor / Unions$10K
Full profile: net worth, donors, trades, and votes ->

The tale of the tape

Money, side by side. Green marks the leader on each line.

Ben Ray Luján
D · incumbent
Ben Ray Luján
vs
LM
Larry Marker
R · challenger
$4.7M
Raised
$34K
$4.4M
Cash on hand
$12K
37%
From PACs
0%
62%
From individuals
85%
Health & Pharma
Top donor sector
Too few to rank
Yes
Incumbent
No