The 1940-1941 SM-sarja season was played between 8 teams from 4 cities. Each team played 7 games.
SM-Sarja championship[]
| SM-sarja | GP | W | T | L | Pts | GF | GA |
|---|---|---|---|---|---|---|---|
| KIF | 7 | 6 | 1 | 0 | 13 | 35 | 11 |
| Helsingin Jalkapalloklubi | 7 | 6 | 0 | 1 | 12 | 32 | 6 |
| Ilves | 7 | 3 | 2 | 2 | 8 | 16 | 14 |
| Hämeenlinnan Tarmo | 7 | 4 | 0 | 3 | 8 | 18 | 21 |
| Helsingfors Skridskoklubb | 7 | 3 | 3 | 7 | 10 | 15 | |
| ÅIFK | 7 | 1 | 2 | 4 | 4 | 14 | 21 |
| Turun Riento | 7 | 2 | 0 | 5 | 4 | 8 | 27 |
| Turun Palloseura | 7 | 0 | 0 | 7 | 0 | 5 | 23 |
KIF Wins the 1940-1941 SM-sarja championship.
| Preceded by 1939-40 SM-sarja season |
SM-sarja season 1940-41 |
Succeeded by 1941-42 SM-sarja season |