The 1940 William & Mary Indians football team represented the College of William & Mary as a member of the Southern Conference (SoCon) during the 1940 college football season. Led by second-year head coach Carl M. Voyles, the Indians compiled an overall record of 6–2–1 with a mark of 2–1–1 in conference play, and finished fourth in the SoCon. William & Mary played home games at Cary Field in Williamsburg, Virginia.

William & Mary was ranked at No. 87 (out of 697 college football teams) in the final rankings under the Litkenhous Difference by Score system for 1940.^[1]

More information Date, Opponent ...

Date	Opponent	Site	Result	Attendance	Source
September 20	vs. NC State	Foreman Field Norfolk, VA	L 0–16	17,000	[2]
September 28	at Navy*	Thompson Stadium Annapolis, MD	L 7–19	18,000	[3]
October 5	Apprentice*	Cary Field Williamsburg, VA	W 42–0		[4]
October 12	vs. VPI	City Stadium Richmond, VA	W 20–13	9,000	[5]
October 19	Hapmden–Sydney*	Cary Field Williamsburg, VA	W 41–0	3,000	[6]
October 26	Virginia*	Cary Field Williamsburg, VA	W 13–6	11,000	[7]
November 2	at VMI	Alumni Field Lexington, VA (rivalry)	T 0–0	6,000	[8]
November 9	Randolph–Macon*	Cary Field Williamsburg, VA	W 46–6		[9]
November 21	at Richmond	City Stadium Richmond, VA (rivalry)	W 16–0	18,000	[10]
*Non-conference game Homecoming

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