The 1994–95 season was the Esteghlal Football Club's 3rd season in the Azadegan League, and their 1st season in the top division of Iranian football after promotion.

Esteghlal was also competing in the Hazfi Cup, and it was its 50th year in existence as a football club.

[1][2] Note: Flags indicate national team as defined under FIFA eligibility rules; some limited exceptions apply.

Players may hold more than one non-FIFA nationality.

Updated to match played 20 October 2018Source: Competitions