The 1935–1936 SM-sarja season was played between 4 teams from 2 cities. For the first time there was straight relegation facing the team who would finish the lowest. The teams played 6 games each.
SM-sarja championship
| SM-sarja | GP | W | T | L | Pts | GF | GA |
|---|---|---|---|---|---|---|---|
| Ilves Tampere | 6 | 3 | 3 | 0 | 9 | 20 | 11 |
| KIF Helsinki | 6 | 4 | 1 | 1 | 9 | 21 | 10 |
| HJK Helsinki | 6 | 2 | 1 | 3 | 5 | 26 | 24 |
| HSK Helsinki | 6 | 0 | 1 | 5 | 1 | 10 | 32 |
Ilves Wins the 1935–36 SM-sarja championship, Helsingfors Skridskoklubb is relegated to 1. Divisioona.