U.S. Rep. Byron Donalds’ gubernatorial campaign has reported raising $40 million since launching earlier this year.
In a memo outlining accomplishments in 2025, Rapid Loop Consulting President Ryan Smith argued the Naples Republican will enter the election year as “the most dominant gubernatorial candidate in Florida history.”
“Our campaign will serve as the tip of the spear in keeping Florida red in 2026 up and down the ballot,” Smith wrote. “Not only will our resources be effectively used to deliver a decisive victory for Byron; but they will also be invested in the voter registration and turnout efforts required to send the Democrat Party in Florida into extinction.”
Outside of money, Donalds’ campaign boasts endorsements from President Donald Trump, U.S. Sen. Rick Scott, House Speaker Mike Johnson and outsized political supporters such as billionaire Elon Musk, golf legend Phil Mickelson and, months before his political assassination, Turning Point USA founder Charlie Kirk.
The memo also notes the support of Florida Sheriffs, now 27 of them, and from 17 members of Florida’s congressional delegation and 63 total members of the U.S. House.
“Byron enjoys unmatched grassroots support from Republicans across Florida. In 2025, the campaign visited 41 counties and held 75 political events, punctuated by hour-long photo lines and homemade ‘Donalds for Governor’ swag,” Smith wrote.
A range of political polls have also shown Donalds with a major lead in the Republican Primary for Governor. Smith points to a recent poll from The American Promise that shows Donald leading with 38% to Lt. Gov. Jay Collins’ 9%, with that lead shifting to 50% to 7% if respondents were informed of Trump’s endorsement of the Congressman. Donalds also faces former House Speaker Paul Renner and Azoria CEO James Fishback in a GOP Primary.
Smith suggested that lead will only grow after Donalds’ campaign goes on air.
“These polling numbers come after allies of one potential opponent spent over $6 million statewide to boost his name ID. Sadly for that mystery donor — or donors — that multimillion investment was lit on fire,” Smith said.
“The state of the race remains unchanged, and now, the sugar high will wear off. Byron Donalds maintains a commanding lead without spending a dime on TV ads. Our lead will only increase once we do.”