The 1992 German Open was a men's tennis tournament played on outdoor clay courts.

It was the 86th edition of the Hamburg Masters (Hamburg Masters), and was part of the ATP Super 9 of the 1992 ATP Tour.

It took place at the Rothenbaum Tennis Center in Hamburg, Germany, from 4 May until 11 May 1992.

First-seeded Stefan Edberg won the singles title.

Stefan Edberg defeated Michael Stich 5–7, 6–4, 6–1, Sergio Casal / Emilio Sánchez defeated Carl-Uwe Steeb / Michael Stich 5–7, 6–4, 6–3