The 1968–69 AHL season was the 33rd season of the American Hockey League. Eight teams played 74 games each in the schedule. The Buffalo Bisons finished first overall in the regular season, and the Hershey Bears won their fourth Calder Cup championship.

Final standings

Note: GP = Games played; W = Wins; L = Losses; T = Ties; GF = Goals for; GA = Goals against; Pts = Points;

Scoring leaders

Note: GP = Games played; G = Goals; A = Assists; Pts = Points; PIM = Penalty minutes

Calder Cup playoffs

Trophy and award winners