The 1987–88 Calgary Flames season was the eighth National Hockey League season in Calgary and the 16th season in the NHL for the Flames franchise. The Flames finished atop the Smythe Division standings for the first time in team history, en route to winning their first ever Presidents' Trophy as the top club in the NHL. The Flames spent almost the entire month of February playing away games as the 1988 Winter Olympics were being held in Calgary at that time.