Josipović sought reelection in the 2014–15 presidential election held on 28 December 2014. He won 38.46% of the vote in the first round, finishing narrowly ahead of conservative HDZ candidate Kolinda Grabar-Kitarović. They entered a run-off, which took place on 11 January 2015 and which Josipović ultimately lost by a slim margin of around 32,500 votes, winning 49.3% of the vote to Grabar-Kitarović's 50.7%. He is the first President of Croatia not to be reelected to a second term.