DENVER — The financial arms race over Colorado’s most-contested congressional district is in full swing, with incumbent U.S. Rep. Gabe Evans amassing a multimillion-dollar war chest as he looks to ward off the three Democrats jockeying to challenge him.

Evans, a Republican, brought in more than $1.2 million during the first three months of 2026, according to federal campaign finance reports due Wednesday. He ended March with more than $3.4 million in the bank. That’s an eye-watering sum, easily surpassing the roughly $2 million that Evans’ Democratic predecessor, then-U.S. Rep. Yadira Caraveo, had gathered at the same point in early 2024.

Evans has no primary challenger, meaning he won’t need to start seriously spending his cash until after his Democratic opponent emerges from the June 30 primary.

In other federal races, U.S. Sen. John Hickenlooper significantly outraised a state senator challenging him in the Democratic primary, while another incumbent — Republican U.S. Rep. Lauren Boebert — was outraised by an even greater factor by her only remaining Democratic challenger in the state’s most conservative-leaning district.

The race for Evans’ 8th Congressional District seat, which sits in a rural-suburban area north of Denver, will be among the most closely watched contests in the country this fall. Two of the Democrats hoping to topple Evans have started marshaling their own financial resources.

State Rep. Manny Rutinel posted a strong quarter, hauling in more than $952,000 to bring his cash-on-hand total to more than $1.76 million. He raised more — and has banked more — than his former state House colleague, Shannon Bird, who joined the race a few months after Rutinel last year.

Bird raised nearly $567,000 in early 2026, and she ended the quarter with just more than $1 million to play with as the primary season entered its final three-month stretch.

The third Democrat in the race, Marine veteran Evan Munsing, has outlasted several more established candidates — including Caraveo, who mounted a brief comeback campaign last year. But his fundraising has slipped farther behind Rutinel’s and Bird’s: Munsing raked in $115,000 last quarter, and he spent almost double that.

As a consequence, his cash pile has been halved, from the $213,000 at the end of 2025 to $108,000 at the end of March.

Between the three Democrats and Evans, the CD8 candidates raised more than $2.8 million over the last three months. Between them, the four candidates have nearly $6.4 million on hand.

More than half of that pile lies, waiting, in Evans’ coffers.

“I’m grateful for the outpouring of support from Coloradans who are ready to keep fighting for safer communities, a stronger economy and a more secure future,” Evans said in a statement Wednesday.

Here’s what else was revealed by the latest federal campaign finance reports, which came out just after the major parties’ primary ballots were finalized through assembly votes and petitioning.

—Hickenlooper’s haul grows for primary challenge

In his Senate reelection race, Hickenlooper raised nearly $1.4 million last quarter, the first full reporting period since his primary challenger, state Sen. Julie Gonzales, entered the race. That’s more than he raised in the previous quarter.

Although he spent more than $1.2 million in the early part of 2026, the incumbent Democrat will still enter primary season with a hefty $4 million in the bank.

Gonzales, meanwhile, has reported more anemic fundraising. She raised more than $264,000 this past quarter, compared with the nearly $180,000 she posted in her first month in late 2025, showing a slowing pace. Her most recent total in the bank sat at just more than $114,000.

In a blog post Wednesday, Gonzales acknowledged that her campaign was “living paycheck to paycheck.” But she appeared undaunted and said she raised $130,000 in the first week of April, after the reporting period’s end.

—DeGette’s balance grows as challenger picks up pace

A different primary challenge is brewing in Denver’s 1st Congressional District.

U.S. Rep. Diana DeGette, a Democrat who’s been in Congress for nearly 30 years, is facing two Democratic opponents: University of Colorado Regent Wanda James and Melat Kiros, a lawyer and doctoral student who last month beat DeGette in an assembly nominating vote.

Whether that victory translates to an incumbent-toppling result in June remains to be seen. DeGette raised more than $263,000 last quarter, a bit more than she’d raised at the end of 2025. Her cash-on-hand total ticked up, too, and now sits at $636,000.

Kiros also saw a boost, bringing in more than $174,000, double her previous quarter’s total. With $118,000 in the bank, she trailed DeGette’s total entering primary season.

James’ fundraising went the opposite way. The regent raised more than $72,000 last quarter, below her fourth-quarter total last year. Her spending also ticked up, bringing her cash on hand down to just more than $54,000.

—Boebert challenger keeps raking in cash. Will it matter?

Among Colorado’s incumbents in Congress, Boebert has long been a fundraising lightning rod. That remains true, even as she settles into the comfortably conservative 4th Congressional District, which covers Colorado’s Eastern Plains as well as Douglas County, after a district switch in the last election.

Eileen Laubacher, a retired rear admiral in the U.S. Navy, raised more than $2 million for the second consecutive quarter. After a big spend of $1.5 million, she still ended the quarter with more than $3 million in her campaign’s pocket. Another Democratic candidate, Trisha Calvarese, also had raised big money in her second run against Boebert before she dropped out two weeks ago.

Boebert, in contrast, raised just under $90,000 in the last three months, and she reported $160,000 on hand in late March.

It’s important to remember that Boebert now represents a district where, in a 2021 analysis, Republicans were favored by more than 26 percentage points. In 2024, Boebert’s win wasn’t even half that — and she still won by more than 11 points.

—Hurd amasses cash to defend Western Slope seat

In Boebert’s old 3rd Congressional District, her erstwhile Republican opponent, U.S. Rep. Jeff Hurd, is looking to defend a seat that’s reliably, if not comfortably, red. Hurd raised more than $609,000 last quarter, bringing his war chest to just under $2 million.

He also picked up a primary opponent at the Colorado Republican Party assembly last week — former state Rep. Ron Hanks — but his fundraising advantage is hefty.

Two Democrats are jockeying to take on Hurd in November. Alex Kelloff, a Snowmass businessman, has been in the race longer. He raised $192,000 last quarter, adding a bit to his cash-on-hand total of $458,000.

Kelloff’s newcomer primary opponent, fellow businessman Dwayne Romero, raised more than $505,000 in his first month in the race, and, after expenses, had slighty more on hand than Kelloff.

—Democrat brings in cash to flip Colorado Springs district

Colorado’s other Jeff among Republican congressmen — Hurd’s fellow freshman, U.S. Rep. Jeff Crank — raised $345,000 last quarter as he looks to defend the conservative 5th Congressional District. Crank’s war chest now tops $1.1 million.

His likely opponent, Democrat Jessica Killin, brought in nearly $670,000, bringing her on-hand total to more than $1.5 million. Army veteran Joe Reagan, who is challenging Killin for the Democratic nomination, raised $86,000 and ended the first quarter with $33,000 in the bank.

Democrats have been targeting the district, which — after Boebert’s current seat — is the most conservative in the state.

—Incumbents’ cash hauls

While DeGette looks to ward off her primary opponents, Colorado’s three other Democratic members of Congress are without well-known Republican challengers. But they’re still slowly building up their campaign bank accounts.

U.S. Rep. Joe Neguse, of the Boulder-based 2nd Congressional District, brought his cash on hand to just under $3 million last quarter. U.S. Rep. Jason Crow, of Aurora’s 6th Congressional District, raked in nearly $940,000 to start 2026 (which, his campaign said, was his largest single-quarter haul), and he had more than $2.5 million under his campaign mattress.

U.S. Rep. Brittany Pettersen, whose 7th Congressional District covers the center of the state up through parts of metro Denver, had more than $915,000 on hand.

Those sums will allow the Democrats to support not only their own campaigns but others’ races and causes, too. Crow’s latest campaign finance report listed a nearly $60,000 contribution to the Rocky Mountain Immigrant Advocacy Network, for instance, while Neguse gave $35,000 to the Democratic Congressional Campaign Committee.

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