The 1974 Ukrainian Cup was the 22nd edition of the Ukrainian SSR football knockout competition, known as the Ukrainian Cup. The competition started on May 24, and its final took place on November 16, 1974. The last year cup holder FC Zirka Kirovohrad was defeated in the first round by SC Lutsk. This year involved participation of three teams out of the Soviet First League as well. They entered the competition at quarterfinals.