1940 Mercer Bears football team

The 1940 Mercer Bears football team was an American football team that represented Mercer University as a member of the Dixie Conference during the 1940 college football season. In their twelfth year under head coach Lake Russell, the team compiled a 1–7 record.

Mercer was ranked at No. 167 (out of 697 college football teams) in the final rankings under the Litkenhous Difference by Score system for 1940.