[1] The score for the team ranking round was the sum of the three archers' scores in the individual ranking round.

Round of 16 The top sixteen teams in the qualifying round earned the opportunity to compete in the head-to-head elimination matches.

Quarterfinals All four of the top-ranked teams fell in the quarterfinals, eliminating them from medal contention and leaving such surprise contenders as #10-ranked host nation Spain.

Semifinals The host nation continued an impressive run by knocking off the #6-ranked British team in a close match.

Final After having defeated #7-ranked Denmark, #2-ranked Unified Team, and #6-ranked Great Britain, Spain was able to pull off one more astonishing upset, this time against #5-ranked Finland, to claim the gold medal on their home turf.