The 1994–95 Estonian Cup () was the fifth season of the Estonian football knockout tournament. Originally, winners of the cup qualified for the 1995–96 UEFA Cup Winners' Cup qualifying round. The defending champion, Norma, was knocked out in the quarter-final against Narva Trans.
The competition culminated with the final held at Kadriorg Stadium, Tallinn on 22 June 1995 with Flora taking the title 2–0. Since the Flora also win the 1994–95 Meistriliiga, the cup runners-up Lantana-Marlekor were qualified for the UEFA Cup Winners' Cup.
All in all, 24 teams took part of the competition.
First round
Second round
Quarter-finals
Semi-finals
Final
References