United States gubernatorial elections were held on November 4, 1986, in 36 states and two territories. The Democrats had a net loss of eight seats during this election, which coincided with the Senate and the House elections. This was despite the Democratic trend on a federal level, making this the last midterm election until 2022 where the party of the incumbent president achieved a net gain of governorships.

Election results

A bolded state name features an article about the specific election.

States

Territories and federal district