The club was formed in 1995 and joined the National Soccer League in the 1995–96 season until they became defunct in September 2001.
The table details the club's achievements in major competitions, and the top scorers for each season.
The next season in 1996–97 only involved two wins out of 26 matches played in the NSL campaign, finishing with 11 points in last place.
[2] New manager recruits of Branko Culina and Rale Rasic resulted in another last place finish in the 1997–98 season and was the start of a 23 match winless streak whilst the NSL Cup had been disbanded from that season onwards.
When Australia's football governing body Soccer Australia determined that the club had not met the required conditions of entry, the club of Canberra Cosmos became defunct in September 2001.