| 1991–92 FIBA Korać Cup | |
| League: | FIBA Korać Cup |
| Sport: | Basketball |
| Finals: | Finals |
| Finals Link: | 1991–92 FIBA Korać Cup Finals |
| Finals Champ: |  Il Messaggero Roma |
| Finals Runner-Up: | Scavolini Pesaro |
| Seasonslistnames: | FIBA Korać Cup |
| Prevseason Link: | 1990–91 FIBA Korać Cup |
| Prevseason Year: | 1990–91 |
| Nextseason Year: | 1992–93 |
| Nextseason Link: | 1992–93 FIBA Korać Cup |
The 1991–92 FIBA Korać Cup was the 21st edition of FIBA's Korać Cup basketball competition. The Italian Il Messaggero Roma defeated the Italian Scavolini Pesaro in the final. This was Il Messaggero Roma's second time winning the title after a victory in 1986 playing as Banco di Roma.
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| Top two places in each group advance to quarterfinals |
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