| 1940 VFL premiership season | |
|---|---|
 Melbourne Football Club, premiers | |
| Teams | 12 |
| Premiers | Melbourne 4th premiership |
| Minor premiers | Melbourne 2nd minor premiership |
| Brownlow Medallist | Des Fothergill (Collingwood) Herbie Matthews (South Melbourne) |
| Leading goalkicker medallist | Jack Titus (Richmond) |
| Matches played | 112 |
| Highest | 70,330 |
The 1940 VFL season was the 44th season of the Victorian Football League (VFL), the highest level senior Australian rules football competition in Victoria. The season featured twelve clubs, ran from 27 April until 28 September, and comprised an 18-game home-and-away season followed by a finals series featuring the top four clubs.
The premiership was won by the Melbourne Football Club for the fourth time and second time consecutively, after it defeated Richmond by 39 points in the 1940 VFL Grand Final.