The 1500 metres speed skating event was part of the speed skating at the 1936 Winter Olympics programme.

The competition was held on Thursday, 13 February 1936.

Thirty-seven speed skaters from 15 nations competed.

(*) The record was set in a high altitude venue (more than 1000 metres above sea level) and on naturally frozen ice.

Charles Mathiesen set a new Olympic record with 2:19.2 seconds.