2011–12 EHF Women's Champions League knockout stage

The 2011–12 EHF Women's Champions League knockout stage ran from 31 March to 13 May 2012. The top two placed teams from the main round advanced to the semifinals.

Semifinals

 * }

Second leg

 * Notes
 *  Note 1: Győri Audi ETO KC played their home match on Veszprém Aréna in Veszprém as it has a greater capacity than their own Magvassy Mihály Sportcsarnok from Győr.

Final

 * }

Second leg

 * Notes
 *  Note 1: Győri Audi ETO KC played their home match on Veszprém Aréna in Veszprém as it has a greater capacity than their own Magvassy Mihály Sportcsarnok from Győr.