Incumbent Republican Governor Charles N. Herreid ran for re-election to a second term.

Herreid defeated Martin in a landslide to win his second term.

At the Republican convention in June 1902, Governor Charles N. Herreid was renominated unanimously and without opposition.

[1] As was the case in 1898 and 1900, the Democratic and Populist Parties held separate conventions and then fused together with a common set of nominees.

[2] At the conventions, former Watertown Mayor John W. Martin[3] was named as the Fusion nominee.