The Student List secured a decisive victory in Serbia’s October 25 snap parliamentary elections, capturing approximately 52.7 percent of the vote against 39.2 percent for the Aleksandar Vučić–United Serbia list and delivering a 13-point margin that aligns with the market’s dominant 10 percent-plus outcome. This result ended 14 years of Serbian Progressive Party rule after sustained anti-corruption protests triggered by the 2024 Novi Sad railway station collapse. High turnout of 68.8 percent, particularly strong urban support in Belgrade, and consistent projections from the Republic Electoral Commission and monitors such as CeSID-Ipsos reinforced the gap. Final certification or limited recounts at specific stations remain the primary variables that could still alter the exact margin, though current counts show no realistic path to a narrower result.