| Club: | Las Palmas |
| Season: | 2002–03 |
| Mgrtitle: | Head coach |
| Manager: | Josu Uribe |
| Stadium: | Estadio Insular |
| League: | Segunda División |
| League Result: | 5th |
| Cup1: | Copa del Rey |
| Cup1 Result: | Round of 64 |
| League Topscorer: | Gustavo Reggi (11) |
| Season Topscorer: | Gustavo Reggi (11) |
| Average Attendance: | 10,629 |
| Prevseason: | 2001–02 |
| Nextseason: | 2003–04 |
The 2002–03 season was the 54th season in the history of UD Las Palmas and the club's first season back in the second division of Spanish football. In addition to the domestic league, Las Palmas participated in this season's edition of the Copa del Rey.
| scope=col | Player | Transferred from | scope=col; style="width: 65px;" | Fee | scope=col | Date | scope=col | Source | ||
|---|---|---|---|---|---|---|---|---|---|---|
| Unión de Santa Fe | Free | [1] | ||||||||
| Sporting CP | Loan | |||||||||
| Viking FK | ||||||||||
| Sevilla |
| scope=col | Player | Transferred to | scope=col; style="width: 65px;" | Fee | scope=col | Date | scope=col | Source | ||
|---|---|---|---|---|---|---|---|---|---|---|
| Real Sociedad | Free | |||||||||
| Alavés | Free | |||||||||
| Villarreal | Free | |||||||||
| Celta Vigo | Free | January 2003 |
See main article: 2002–03 Segunda División.
See main article: 2002–03 Copa del Rey.
|-! colspan=14 style=background:#DCDCDC; text-align:center| Goalkeepers|-! colspan=14 style=background:#DCDCDC; text-align:center| Defenders|-! colspan=14 style=background:#DCDCDC; text-align:center| Midfielders|-! colspan=14 style=background:#DCDCDC; text-align:center| Forwards|-! colspan=14 style=background:#DCDCDC; text-align:center| Players transferred out during the season