| 1986 PABL season | |
|---|---|
| Duration | May 3 – December 17, 1986 |
| Number of teams | 8 |
| TV partner(s) | PTV |
| Invitational champions | Lhuillier Jewelers |
| Invitational runners-up | Hope Cigarettes |
| Founder's Cup champions | Magnolia Ice Cream |
| Founder's Cup runners-up | ESQ Marketing |
| Filipino Cup champions | YCO Shine Masters |
| Filipino Cup runners-up | ESQ-Sta. Lucia |
The 1986 PABL season is the fourth season of the Philippine Amateur Basketball League (PABL).