The 1940 NCAA gymnastics championships were contested at the third annual National Collegiate Athletic Association-sanctioned men's gymnastics championships to determine the team and individual national champions of men's collegiate gymnastics among its member programs in the United States.

For the third consecutive year, a share of the individual all-around championship went to Joe Giallombardo from Illinois who was tied with teammate Paul Fina who won his first all-around championship.

The table below reflects the official NCAA record books.

However, an Associated Press recap of the event reported Temple finished in 4th place with 16 points.

Additionally, while not reflected below, the recap reported participation by Denison University who scored 0 points.