| 1992–93 FIBA Korać Cup | |
| League: | FIBA Korać Cup |
| Sport: | Basketball |
| Finals: | Finals |
| Finals Link: | 1992–93 FIBA Korać Cup Finals |
| Finals Champ: |  Philips Milano |
| Finals Runner-Up: | Virtus Roma |
| Seasonslistnames: | FIBA Korać Cup |
| Prevseason Link: | 1991–92 FIBA Korać Cup |
| Prevseason Year: | 1991–92 |
| Nextseason Year: | 1993–94 |
| Nextseason Link: | 1993–94 FIBA Korać Cup |
The 1992–93 FIBA Korać Cup was the 22nd edition of FIBA's Korać Cup basketball competition. The Italian Philips Milano defeated the Italian Virtus Roma in the final. This was the second consecutive year in which the final two teams were both Italian and the third consecutive Italian victory. It was Philips Milano's second time winning the title following a victory in 1985 playing as Simac Milano.
Federal Republic of Yugoslavia's entrants were unable to participate due to the UN economic sanctions.
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| Top two places in each group advance to quarterfinals |
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Spartak Lugansk (3rd)
