His second quarter ratings were down more than Colbert or Fallon's were, and he was way behind Colbert in total market share:Gosh, I guess it wasn't because of low ratings and being unfunny after all, as the Donk in Chief tried to sell to his merry band of mouth-breathers.

Here Are Final Late Night Ratings for Q2 2025 - LateNighter
Q2 2025 late-night ratings showed stability at the top—but year-over-year declines for most, with Gutfeld! on Fox Nwes the lone gainer.

None of these guys are Johnny Carson or Dave Letterman.