The team was led by 13th-year head coach Fran McCaffery and played its home games at Carver–Hawkeye Arena as members of the Big Ten Conference.

Junior forward Kris Murray earned First-team All-Big Ten honors and Third-team AP, Sporting News and USBWA All-America honors while averaging 20.2 points per game.

It marked the fourth consecutive season that an Iowa player was named a consensus All-American, following twin brother Keegan Murray in 2022 and Luka Garza in 2021 and 2020.

As a result, the Hawkeyes received the conference's automatic bid to the NCAA tournament as the No.

[2] Sophomore forward Keegan Murray earned consensus First-team All-American honors, and established a new school record for points in a season.