The 1986 Critérium du Dauphiné Libéré was the 38th edition of the cycle race and was held from 25 May to 1 June 1986.

The race started in Annecy and finished in Nyons.

The race was won by Urs Zimmermann of the Carrera team.

Thirteen teams, containing a total of 113 riders, participated in the race:[2]