| Competition: | Serie A |
| Season: | 1937–38 |
| Winners: | Ambrosiana-Inter 4th title |
| Relegated: | Atalanta Fiorentina |
| League Topscorer: | Giuseppe Meazza (20 goals) |
| Matches: | 240 |
| Total Goals: | 617 |
| Prevseason: | 1936–37 |
| Nextseason: | 1938–39 |
The 1937–38 Serie A season was won by Ambrosiana-Inter.
Livorno and Atalanta had been promoted from Serie B.
| Rank | Player | Club | Goals |
|---|---|---|---|
| 1 |  Giuseppe Meazza | Ambrosiana-Inter | 20 |
| 2 | Guglielmo Trevisan | Triestina | 18 |
| 3 | Danilo Michelini | Roma | 16 |
| Aldo Boffi | Milan | ||
| 5 | Carlo Reguzzoni | Bologna | 15 |
| Silvio Piola | Lazio | ||
| 7 | Pietro Ferraris | Ambrosiana-Inter | 14 |
| 8 | Lazio | 12 | |
| 9 | Bologna | 11 | |
| Luciano Peretti | Liguria | ||
| 11 | Ermes Borsetti | Roma | 10 |
| 12 | Pietro Arcari | Genova 1893 | 9 |
| Giovanni Ferrari | Ambrosiana-Inter | ||
| Angelo Bollano | Liguria |