The 1992 Montana gubernatorial election took place on November 3, 1992. Incumbent Governor of Montana Stan Stephens, who was first elected in 1988, declined to seek re-election. Marc Racicot, the Attorney General of Montana, won the Republican primary and advanced to the general election, where he faced State Representative Dorothy Bradley, who had emerged from a crowded Democratic primary as the nominee of her party. A close election ensued, but in the end, Racicot ended up defeating Bradley to win his first of two terms as governor. While on the same ballot, Democrat presidential candidate Bill Clinton won the state of Montana, and eventually won the 1992 United States presidential election.

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1992 Montana gubernatorial election

← 1988 November 3, 1992 1996 →
Turnout	78.90%3.90[1]
Nominee Marc Racicot Dorothy Bradley Party Republican Democratic Running mate Denny Rehberg Mike Halligan Popular vote 209,401 198,421 Percentage 51.3% 48.7%
County results Racicot:      50–60%      60–70%      70–80% Bradley:      50–60%      60–70%      70–80%
Governor before election Stan Stephens Republican Elected Governor Marc Racicot Republican

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