| Tourney Name: | Bikarkeppni Kvenna |
| Year: | 2014–2015 |
| City: | Reykjavík |
| Arena: | Laugardalshöll (Final) |
| Dates: | 6 December 2014 – 21 February 2015 |
| Champion: | Grindavík |
| Second: | Keflavík |
| Mvp: |  Petrúnella Skúladóttir |
| Top Scorer: |  Kristen McCarthy |
| Prevseason: | 2013–14 |
| Nextseason: | 2015–16 |
The 2014–15 Bikarkeppni kvenna, named Powerade-bikarinn for sponsorship reasons, was the 41st edition of the Icelandic Women's Basketball Cup, won by Grindavík against Keflavík.[1] The competition was managed by the Icelandic Basketball Federation and the final was held in the Laugardalshöll in Reykjavík on 21 February 2015. Petrúnella Skúladóttir was named the Cup Finals MVP[2] after posting 17 points, 10 rebounds and 5 steals in the win.[3]
Kristen McCarthy of Snæfell led all scorers in the Cup with 78 points in 3 games.[4]
Sixteen teams signed up for the Cup tournament.[5]