The 1992 United States Senate election in Alaska was held on November 3, 1992. Incumbent Republican United States Senator Frank Murkowski sought re-election to a third term in the United States Senate. Tony Smith, the Democratic nominee and a former Commissioner of Economic Development, won his party's nomination in a crowded primary and faced off against Murkowski in the general election. Though Murkowski was held to a lower vote percentage than he received six years prior, he was ultimately re-elected.