1992–93 Ukrainian Cup was the second edition of the Ukrainian Cup competition. It started on July 26, 1992, with a Podillya face-off and concluded with the final on May 30, 1993. The main highlights of this season's edition was a successful play of FC Khimik Sieverodonetsk who made to the quarterfinals at expense of FC Shakhtar Donetsk, defeating them at the first stage of the Cup competition. Another sensation was the defeat of the defending champions FC Chornomorets Odesa from their city-mates SC Odesa in the first round of the competition as well. Once again teams FC Torpedo Zaporizhzhia and FC Metalist Kharkiv made to the semifinals.

The top scorer this season was Vitaliy Parakhnevych who was at the biggest fault in eliminating the Cup holders Chornomorets Odesa. FC Kryvbas Kryvyi Rih and FC Hazovyk Komarne were suspended for participation in the next year competition due to no showing up for games. Those teams were awarded a technical loss.

1992–93 Ukrainian Cup

Team allocation

Eighty teams entered the competition.

1992–93 Ukrainian Cup

Transitional League did not participate and Chernihiv and Volyn oblasts did not provide their representatives to the tournament.

1992–93 Ukrainian Cup

Distribution

Competition schedule

First preliminary round

Almost all games were played on August 1, 1992. The Vinnytsia Oblast face-off between Podillya and Nyva took place on July 26 and Rotor challenged Polihraftekhnika on August 4, 1992.

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|align=right| FC Podillia Kyrnasivka (Am) |align=center|1:3 | (1L) FC Nyva Vinnytsia

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|align=right| FC Polihraftekhnika-2 Oleksandria (Am) |align=center|1:0 | (2L) FC Dnipro Cherkasy

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|align=right| FC Tytan Armyansk (2L) |align=center|1:2 | (2L) FC Chaika Sevastopol | aet

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|align=right| FC Inturist Yalta (Am) |align=center|0:1 | (1L) FC Temp Shepetivka

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|align=right| FC Lokomotyv Rivne (Am) |align=center|1:0 | (1L) FC Podillya Khmelnytskyi | aet (in Kovel)

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|align=right| FC Dynamo-3 Kyiv (Am) |align=center|2:0 | (1L) FC Desna Chernihiv | (SKA Stadium)

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|align=right| FC Ptakhivnyk Velyki Hai (Am) |align=center|1:0 | (2L) FC Halychyna Drohobych | Velyki Hai is adjacent to Ternopil

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|align=right| FC Hazovyk Komarne (2L) |align=center|0:0 | (1L) FC Skala Stryi | aet, pk 4:2

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|align=right| FC Khutrovyk Tysmenytsia (Am) |align=center|1:1 | (1L) FC Prykarpattia Ivano-Frankivsk | aet, pk 1:3

|- style=font-size:90%

|align=right| FC Lada Chernivtsi (Am) |align=center|1:0 | (2L) FC Dnister Zalischyki | |- style=font-size:90% |align=right| FC Sokil-Lorta Lviv (Am) |align=center|2:0 | (1L) FC Zakarpattia Uzhhorod

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|align=right| FC Metalist Irshava (Am) |align=center|3:0 | (1L) FC Pryladyst Mukacheve

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|align=right| FC Keramik Baranivka (Am) |align=center|2:1 | (1L) FC Krystal Chortkiv | |- style=font-size:90% |align=right| FC Paperovyk Poninka (Am) |align=center|0:4 | (2L) FC Polissya Zhytomyr

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|align=right| FC Zdvyzh Borodianka (Am) |align=center|3:1 | (2L) FC ZS-Oriana Kyiv

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|align=right| FC Hirnyk Pavlohrad (Am) |align=center|0:3 | (2L) FC Zirka Kirovohrad

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|align=right| FC Yavir Krasnopillia (2L) |align=center|2:0 | (1L) FC Avtomobilist Sumy

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|align=right| FC Khimik Sieverodonetsk (1L) |align=center|1:0 | (1L) FC Stal Alchevsk

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|align=right| FC Dynamo Luhansk (3L) |align=center|4:2 | (2L) FC Vahanobudivnyk Stakhanov | aet

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|align=right| FC Avanhard Lozova (Am) |align=center|0:1 | (1L) FC Naftovyk Okhtyrka | |- style=font-size:90% |align=right| FC Spartak Okhtyrka (Am) |align=center|0:1 | (1L) FC Vorskla Poltava | Trostianets (Sumy Oblast)

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|align=right| FC Naftokhimik Kremenchuk (3L) |align=center|1:1| (1L) FC Dynamo-2 Kyiv| aet, pk 2:4|- style=font-size:90% |align=right| FC Orbita Zaporizhia (Am) |align=center|1:2| (1L) FC Ros Bila Tserkva|- style=font-size:90% |align=right| FC Vuhlyk Bilozerske (Am) |align=center|2:3| (1L) FC Shakhtar Pavlohrad| Dobropillia

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|align=right| FC Tavria Novotroitsk (Am) |align=center|0:1| (1L) FC Metalurh Nikopol| aet