The 2026 UEFA Champions League final was the final match of the 2025–26 UEFA Champions League, the 71st season of Europe's premier club football tournament organised by UEFA, and the 34th season since it was renamed from the European Champion Clubs' Cup to the UEFA Champions League. It was played at the Puskás Aréna in Budapest, Hungary, on 30 May 2026 between French club Paris Saint-Germain, the defending champions, and English club Arsenal. This was the first final to include the reigning champions since 2018.

Paris Saint-Germain won the match 4–3 on penalties, following a 1–1 draw after extra time, for their second UEFA Champions League title, becoming the second club to win back-to-back titles in the UEFA Champions League era, matching Real Madrid's feat in the 2016–17 edition. As winners, Paris Saint-Germain earned the right to play against Aston Villa, the winners of the 2025–26 UEFA Europa League, in the 2026 UEFA Super Cup. They will also compete in the final of the 2026 FIFA Intercontinental Cup, and qualified for the 2029 FIFA Club World Cup.

Paris Saint-Germain reached their third European Cup/Champions League final overall and second consecutively, having lost to Bayern Munich in 2020 before winning the title in 2025. They also became the first team since Liverpool in 2018 and 2019 to reach two consecutive Champions League finals. This was their seventh UEFA competition final overall, having also triumphed in the 1996 UEFA Cup Winners' Cup final and 2025 UEFA Super Cup. They lost the Cup Winners' Cup final in 1997 as holders, as well as losing the 1996 UEFA Super Cup. Paris Saint-Germain was the first French team to appear in three European Cup/Champions League finals, surpassing their rivals Marseille, who lost in 1991 before their victory in 1993, as well as Stade Reims, who lost both the 1956 and 1959 European Cup finals to Real Madrid.

Arsenal reached their second European Cup/Champions League final, having lost to Barcelona in 2006. This was their eighth UEFA competition final overall, having triumphed in the 1994 European Cup Winners' Cup final. They lost the Cup Winners' Cup finals in 1980 and 1995—the latter as holders, as well as losing the 1994 European Super Cup, 2000 UEFA Cup final, and 2019 UEFA Europa League final.

Both clubs won their respective leagues and were eliminated from other cup competitions, thus aiming for a continental double. This was the first time since 2020 where both Champions League finalists were champions of their respective domestic leagues. The two teams met in the 2025 semi-finals, with Paris Saint-Germain winning both legs (1–0 at the Emirates Stadium and then 2–1 at the Parc des Princes).

The 2026 final was the fourth European Cup final between sides from two different capital cities after 1962, 1966 and 1971.

The "home" team (for administrative purposes) was predetermined as the winners of semi-final 1 (Paris Saint-Germain). This was the first Champions League final to kick off at 18:00 CEST, three hours earlier than previous editions. UEFA stated that the change was made to "enhance the matchday experience and benefit fans, teams and host cities".

In the following table, finals until 1992 were in the European Cup era and since 1993 were in the UEFA Champions League era.