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The numbers are in, and “Megyn Kelly Today” is dragging down the “Today” show franchise, an insider explained to Page Six.

“Not only are ratings plummeting since Megyn Kelly joined the ‘Today’ franchise, but the numbers show Kelly’s lead-in has also affected Kathie Lee [Gifford] and Hoda Kotb’s show, which follows straight afterwards,” a source said.

“They’ve taken a huge hit with Megyn as their lead-in,” the insider added.

Kelly’s hour of “Today” is down 32 percent compared to a year ago. And “Kathie Lee & Hoda” is down 26 percent.

“Too many people are tuning out NBC. Hoda and Kathie Lee had been a bright spot in the mornings. People are alarmed,” the source said of the slide. Another source told us that “Today” talent is concerned.

“The format for Megyn’s show doesn’t make sense. Her show distracts from the ‘Today’ franchise,” the second source said.

Making matters worse, Kelly split from power publicist Leslee Dart last month, and she’s been dogged by controversy from her awkward Debra Messing flap and Jane Fonda interview.

But an NBC insider told us things aren’t all bad for Kelly. “Megyn posted her highest ratings yet in the ‘key demographic’ on Monday, and she had her biggest total viewer number since the premiere . . . Everyone knows that ratings fluctuate at the start of a new show, and there has been nothing but support for Megyn from all of the ‘Today’ show hosts. They have each taken her out to lunch — Kathie Lee just took her to lunch today.”