The 7th Lambda Literary Awards were held in 1995 to honour works of LGBT literature published in 1994.
| Category | Winner | |
|---|---|---|
| Editor's Choice | Mab Segrest, Traitor to the Race | |
| Publisher Service | Barbara Smith, Kitchen Table Press |
| Anthologies/Fiction | (ed.) | Chloe Plus Olivia | Winner |
|---|---|---|---|
| (ed.) | Men on Men 5 | Finalist | |
| (ed.) | Finalist | ||
| and Amy Scholder (ed.) | High Risk 2 | Finalist | |
| (ed.) | Lavender Mansions | Finalist | |
| Anthologies/Non-Fiction | and John Preston | Sister and Brother | Winner |
| (ed.) | Queer Reader | Finalist | |
| (ed.) | One Teacher in Ten | Finalist | |
| (ed.) | Out of the Class Closet | Finalist | |
| (ed.) | Long Road to Freedom | Finalist | |
| Children's & Young Adult | Am I Blue? | Winner | |
| Dive | Finalist | ||
| 2 Teenagers in 20 | Finalist | ||
| Oscar Wilde | Finalist | ||
| Tiger Flowers | Finalist | ||
| Drama | Winner | ||
| Finalist | |||
| Second Coming of Joan of Arc | Finalist | ||
| Heroes and Saints & Other Plays | Finalist | ||
| Jeffrey | Finalist | ||
| Gay Biography & Autobiography | My Own Country | Winner | |
| Confessions of a Jewish Wagnerite | Finalist | ||
| Last Watch of the Night | Finalist | ||
| My Life as a Pornographer | Finalist | ||
| Knowing When to Stop | Finalist | ||
| Gay Fiction | Winner | ||
| American Studies | Finalist | ||
| Nightswimmer | Finalist | ||
| Sacred Lips of the Bronx | Finalist | ||
| Cultural Revolution | Finalist | ||
| Gay Mystery | Midnight in the Garden of Good and Evil | Winner | |
| Queer Kind of Love | Finalist | ||
| Finalist | |||
| Mad Man | Finalist | ||
| Mask for a Diva | Finalist | ||
| Gay Poetry | Collected Poems | Winner | |
| Finalist | |||
| Ghost Letters | Finalist | ||
| West of Yesterday, East of Summer | Finalist | ||
| Wishing for Wings | Finalist | ||
| Gay Studies | Gay New York | Winner | |
| Same-Sex Unions in Pre-Modern Europe | Finalist | ||
| Queer and Loathing | Finalist | ||
| Last Watch of the Night | Finalist | ||
| Gay Soul | Finalist | ||
| Humor | Winner | ||
| and Jack Krumholtz | Unofficial Gay MANual | Finalist | |
| Case of the Good-For-Nothing Girlfriend | Finalist | ||
| Glamourpuss | Finalist | ||
| Barrel Fever | Finalist | ||
| Lesbian Biography & Autobiography | Gertrude Stein: In Words and Pictures | Winner | |
| One Art: Letters | Finalist | ||
| and Chris Fisher | Serving in Silence | Finalist | |
| Finalist | |||
| Memoir of a Race Traitor | Finalist | ||
| Lesbian Fiction | Winner | ||
| Sir Fry | Finalist | ||
| Finalist | |||
| House Rules | Finalist | ||
| Chelsea Girls | Finalist | ||
| Lesbian Mystery | Small Sacrifice | Winner | |
| Sister’s Keeper | Finalist | ||
| Case of the Good-For-Nothing Girlfriend | Finalist | ||
| Body Guard | Finalist | ||
| My Sweet Untraceable You | Finalist | ||
| Lesbian Poetry | Winter Numbers | Winner | |
| Sapphire | American Dreams | Finalist | |
| Haruko/Love Poems | Finalist | ||
| White Pine | Finalist | ||
| Normal Sex | Finalist | ||
| Lesbian Studies | Skin | Winner | |
| Chloe Plus Olivia | Finalist | ||
| Sportsdykes | Finalist | ||
| My American History | Finalist | ||
| Kiss and Tell Collective | Her Tongue on My Theory | Finalist | |
| Photography & Visual Arts | Family: A Portrait of Gay and Lesbian America | Winner | |
| Art of the Male Nude | Finalist | ||
| Masked Culture | Finalist | ||
| Out | Out in America | Finalist | |
| Long Road to Freedom | Finalist | ||
| Science fiction, fantasy or horror | Trouble and Her Friends | Winner | |
| Finalist | |||
| Storm Warning | Finalist | ||
| Metal Angel | Finalist | ||
| Warriors of Isis | Finalist | ||
| Small Press | Kiss and Tell Collective | Her Tongue on My Theory | Winner |
| Sapphire | American Dreams | Finalist | |
| Skin | Finalist | ||
| B-Boy Blues | Finalist | ||
| We Came All the Way From Cuba So You Could Dress Like This? | Finalist |