"The Bahamian people have spoken, and I receive their verdict with humility and gratitude," Davis told Reuters on Tuesday.
"This victory is a mandate to keep moving the Bahamas forward, to expand opportunity, strengthen security, ease the pressure on families, and deliver progress across our islands."
A poll was not due to be called until October, but Davis decided to call an early election to get ahead of the upcoming Atlantic hurricane season, an official in his office said.
The 2021 election, which resulted in Davis' ascension to prime minister, was also called early.
That September 2021 election was the first time in nearly 25 years that Bahamian voters headed to the polls in a month other than May.
Davis' party was on track to win more than 30 of the 41 seats in the Bahamian Parliament.
It had previously held 32 of the 39 seats in the Bahamian House of Assembly, the lower chamber of the country's Parliament, before the archipelago's constituencies commission - an independent body responsible for reviewing and adjusting constituency boundaries ahead of general elections - recommended the creation of two new constituencies.
The PLP won both of the new seats created.
The Free National Movement, now in its second term out of office, was on track to win only eight seats during the election, according to Opposition Leader Michael Pintard. Both the chairman and deputy leader of the opposition party were defeated at the polls.
Bahamian voters headed to the polls with concerns about affordability, particularly the rising cost of housing and stagnant wages.
The International Monetary Fund pointed to these issues in 2025, saying that while the government had taken steps to alleviate housing shortages, there was still room for additional public spending on housing.
Months ahead of the election, Davis took steps to remove the value-added tax from food sold in grocery stores - a move that the opposition said would have little impact on Bahamians.
