1994–95 New York Islanders season

The 1994–95 New York Islanders season was the 23rd season in the franchise's history. The Islanders were unable to qualify for the playoffs, thus ending their two-season playoff streak.

Offseason
Longtime head coach Al Arbour announced his retirement from coaching and was named the team's vice president of hockey operations on June 1. Assistant coach Lorne Henning was named his successor on June 20.

Regular season
After starting the season with a 4–2–1 record, the Islanders fell into a slump from which they could not recover. They would win only 11 of their remaining 41 games, going 11–26–4. The Islanders would finish 12 points out of eighth place and miss the playoffs for the first time since 1992.

Near the end of the season, General Manager Don Maloney decided that the core of players he had left alone for three seasons should be totally revamped, and he undertook a rebuilding project. He traded Pierre Turgeon and Vladimir Malakhov to Montreal for Kirk Muller and Mathieu Schneider, and Benoit Hogue was sent to Toronto for young goaltender Eric Fichaud. Additionally, Maloney allowed the team's leading scorer, Ray Ferraro, to depart as an unrestricted free agent at the conclusion of the season. Fans' displeasure at the GM for trading the popular Turgeon was magnified when Muller balked at joining a rebuilding team. He only played 45 games for the Islanders before being sent to the Maple Leafs.

The Islanders finished the regular season having allowed the most short-handed goals in the NHL, with 11.

Schedule and results

 * Legend:
 * Legend:

Scoring

 * Position abbreviations: C = Center; D = Defense; G = Goaltender; LW = Left Wing; RW = Right Wing
 * † = Joined team via a transaction (e.g., trade, waivers, signing) during the season. Stats reflect time with the Islanders only.
 * ‡ = Left team via a transaction (e.g., trade, waivers, release) during the season. Stats reflect time with the Islanders only.

Draft picks
New York's draft picks at the 1994 NHL Entry Draft in Hartford, Connecticut.