Wisconsin was won by Democratic nominee John Kerry by a 0.38% margin of victory. Although no Republican carried this state in a presidential election since Ronald Reagan in 1984, early polling showed the race was a toss-up, thus was considered as a possible target for the Republicans. Prior to the election, most news organizations considered this a toss-up, or a crucial swing state, and faced similar political scrutiny to neighboring Michigan, Minnesota, and Iowa. On election day, Kerry barely carried the state over PresidentGeorge W. Bush. The results in Wisconsin were nearly identical to the results from four years earlier, when Al Gore squeaked by Bush, and the 2020 presidential election when Joe Biden had a similarly narrow victory in Wisconsin against Donald Trump.
As of 2024, this is the most recent election to date in which Wisconsin would vote for the losing candidate, thus the state is tied with Michigan and Pennsylvania for the longest bellwether streak in the nation. This was also only the third time since 1960 (after 2000 and 1988) that it would vote for the losing candidate. Bush is to date the only presidential candidate to win two terms in office without carrying Wisconsin at least once, as well as the most recent Republican to win without the state.