| 1940 Arkansas State Indians football | |
|---|---|
| Conference | Arkansas Intercollegiate Conference |
| Record | 1–4–2 (0–0 AIC) |
| Head coach |
|
| Home stadium | Kays Stadium |
The 1940 Arkansas State Indians football team represented Arkansas State College—now known as Arkansas State University—as a member of the Arkansas Intercollegiate Conference (AIC) during the 1940 college football season. Led by second-year head coach Bill Adams, the Indians compiled an overall record of 1–4–2.