It was the 28th annual Grand Final of the Victorian Football League, staged to determine the premiers for the 1926 VFL season.

The match, attended by 59,632 spectators, was won by Melbourne by a margin of 57 points, marking that club's second premiership victory and their first since 1900.

[1] Throughout the premiership season, Collingwood would finish on top of the ladder with a 15–3 record to win their 8th minor premiership with them defeating Carlton in the final round by 47 points to cement their spot on top by 4.1% over defending champions Geelong.

[3] Though due to the challenge round system they had to compete in a preliminary final, the following week against fourth place Essendon who had defeated Geelong in the other semi-final.

[4] Scores in the preliminary final was affected due to strong gusty winds that blew through the stadium.