In its fifth and final season under head coach Walter Camp, the team finished with a 13–0 record and outscored opponents by a total of 429 to 0.

After Yale's final game against Princeton, Walter Camp traveled to California where he assumed duty as the head coach of the 1892 Stanford football team.

[6] On October 8, 1892, Yale defeated the Crescent Athletic Club eleven by a 28–0 score before a crowd of 3,000 at Eastern Park in Brooklyn.

[10] On Wednesday, October 26, 1892, Yale defeated YMCA Training School, 50–0, before a crowd of about 400 at Hampden Park in Springfield, Massachusetts.

Vance C. McCormick, Laurie Bliss, and Henry S. Graves spent the afternoon scouting the Harvard team in Cambridge.

Yale played its substitutes, and Herbert W. Hamlin was the star of the game with four touchdowns and runs of 50, 25, 30, and 10 yards around the end.

[14] On November 12, 1892, Yale defeated Penn, 28–0, before a crowd estimated at between 12,000 and 14,000 at Manhattan Field in New York City.

When a half back started ahead with the ball the first man who took him along would fall in front of the Pennsylvania man about to tackle and this would upset half a dozen men, while another Yale player had jumped quick as a flash ahead of the runner to continue the interference.

[16][17] The New York Times declared "Laurie" Bliss as the "hero of the day", making "about all of his side's long runs and half the short ones.

[18] Early in the first half, Laurence Bliss ran 40 yards around the left end for a touchdown, and Frank Butterworth kicked goal to give Yale a 6–0 lead.

[19] Three Yale players were selected by both Caspar Whitney and Walter Camp to the 1892 All-America college football team: end Frank Hinkey, tackle Alexander Hamilton Wallis, and quarterback Vance C. McCormick.

[21] In March 1893, the team's manager, William Maffit, released the Yale Foot Ball Association's financial report for the 1892 season.

The team's expenditures totaled $14,550.82, including $3,174.29 for "hotels and meals"; $2,311.16 for trainer's table and help; $1,505.09 for "railroad fares"; $1,050.45 for "sporting goods"; $1,004.88 for "racks and busses"; $892.48 for "coaching expenses"; $620.34 for "trophies"; $444.05 for "shoes and repairs same"; $312.35 for "fruit and confectionery"; $318.50 for "rubbing team"; $285.00 for "referees and umpires"; and $261.00 for "medical services".