In the 2025 elections, there were zero directly elected state financial officers up for election. However, as a result of the gubernatorial elections in New Jersey and Virginia, Democrats are likely to gain two offices, both in Virginia, as Gov.-elect Abigail Spanberger (D) will appoint replacements for Gov. Glenn Youngkin’s (R) appointees.

State financial officers include the offices of auditors, comptrollers, and treasurers. States may have different names for these offices, but they are typically responsible for conducting audits, investing in state retirement funds, and overseeing government pensions. Voters sometimes elect these offices, and other times they are appointed. New Jersey and Virginia are two of the 24 states that appoint auditors, two of the 10 controllers/comptrollers to appoint auditors, and two of the 12 to appoint treasurers. 

Heading into the elections, Republicans held 60 offices and Democrats held 40 offices. As a result of the gubernatorial elections, Democrats gained one governorship and can gain the offices of Virginia treasurer and comptroller, both of which are held by Republican appointees. A Democrat already held the position of auditor. This means, as a result of the 2025 elections, Republicans hold 58 seats, and Democrats hold 42 seats, a gain of two for Democrats.

State financial officers are a state executive office. They are one of several types of offices affected by gubernatorial elections. In 2025, control of a secretary of state office was also affected by the outcome, with Democrats gaining the ability to appoint Virginia’s Secretary of the Commonwealth, a position currently held by a Republican appointee.