In their seventh and final season under head coach Earl Blaik, the Indians compiled a 5–4 record.
[1] George Wolfe was the team's leading scorer, with 48 points, from eight touchdowns.
72 (out of 697 college football teams) in the final rankings under the Litkenhous Difference by Score system for 1940.
[3] Dartmouth played its home games at Memorial Field on the college campus in Hanover, New Hampshire.
[4][5] Cornell coach Carl Snavely agreed to give up the win, and thus the official score was revised to 3-0 in favor of Dartmouth.