The 1985-86 Four Hills Tournament took place at the four traditional venues of Oberstdorf, Garmisch-Partenkirchen, Innsbruck and Bischofshofen, located in Germany and Austria, between 30 December 1985 and 6 January 1986.
| Date | Place | Hill | Size | Winner | Second | Third | Ref. | |
|---|---|---|---|---|---|---|---|---|
| 30 Dec 1985 | Oberstdorf | Schattenbergschanze K-115 | LH |  Pekka Suorsa |  Franz Neuländtner |  Piotr Fijas | [1] | |
| 1 Jan 1986 | Garmisch-Partenkirchen | Große Olympiaschanze K-107 | LH | Pavel Ploc | Ernst Vettori | Primož Ulaga | [2] | |
| 4 Jan 1986 | Innsbruck | Bergiselschanze K-109 | LH | Jari Puikkonen |  Hroar Stjernen | Anssi Nieminen | [3] | |
| 6 Jan 1986 | Bischofshofen | Paul-Ausserleitner-Schanze K-111 | LH | Ernst Vettori | Franz Neuländtner | Rolf Åge Berg | [4] |
| Pos | Ski Jumper | Points | |
|---|---|---|---|
| 1 | 838.3 | ||
| 2 | 813.0 | ||
| 3 | 805.8 | ||
| 4 | 801.1 | ||
| 5 | 796.6 | ||
| 6 | 795.1 | ||
| 7 | 792.0 | ||
| 8 | 766.9 | ||
| 9 | 756.7 | ||
| 10 | 751.4 |