| Event: | Men's 500 metres speed skating |
| Games: | 1936 Winter |
| Venue: | Riessersee |
| Date: | 11 February 1936 |
| Competitors: | 36 |
| Nations: | 14 |
| Win Value: | 43.4 |
| Gold: | Ivar Ballangrud |
| Goldnoc: | NOR |
| Silver: | Georg Krog |
| Silvernoc: | NOR |
| Bronze: | Leo Freisinger |
| Bronzenoc: | USA |
| Prev: | 1932 |
| Next: | 1948 |
The 500 metres speed skating event was part of the speed skating at the 1936 Winter Olympics programme. The competition was held on Tuesday, 11 February 1936. Thirty-six speed skaters from 14 nations competed.[1]
These were the standing world and Olympic records (in seconds) prior to the 1936 Winter Olympics.
| World Record | 42.4(*) |  Allan Potts | Oslo (NOR) | 18 January 1936 |
|---|---|---|---|---|
| Olympic Record | 43.4 |  Clas Thunberg | St. Moritz (SUI) | 13 February 1928 |
| 43.4 |  Bernt Evensen | St. Moritz (SUI) | 13 February 1928 | |
| 43.4(**) | Jack Shea | Lake Placid (USA) | 4 February 1932 |
(*) The record was set on naturally frozen ice.
(**) This time was set in pack-style format, having all competitors skate at the same time.
Ivar Ballangrud equalized the Olympic record with 43.4 seconds.
| Place | Athlete | Time | |
|---|---|---|---|
| 1 | 43.4 | ||
| 2 | 43.5 | ||
| 3 | 44.0 | ||
| 4 | 44.1 | ||
| 5 | 44.2 | ||
| 6 | 44.8 | ||
| 44.8 | |||
| 8 | 44.9 | ||
| 44.9 | |||
| 44.9 | |||
| 11 | 45.0 | ||
| 45.0 | |||
| 13 | 45.1 | ||
| 14 | 45.7 | ||
| 45.7 | |||
| 16 | 45.9 | ||
| 45.9 | |||
| 18 | 46.1 | ||
| 19 | 46.2 | ||
| 46.2 | |||
| 21 | 46.4 | ||
| 22 | 46.6 | ||
| 46.6 | |||
| 24 | 46.7 | ||
| 46.7 | |||
| 46.7 | |||
| 27 | 46.9 | ||
| 28 | 47.0 | ||
| 29 | 47.4 | ||
| 30 | 47.8 | ||
| 31 | 49.6 | ||
| 32 | 49.8 | ||
| 33 | 54.6 | ||
| 34 | 54.9 | ||
| 35 | 1:44.6 | ||
| – | DNF |