1926–27 Scottish Division Two
# 1926–27 Scottish Division Two

The 1926–27 Scottish Second Division was won by Bo'ness who, along with second placed Raith Rovers, were promoted to the First Division. Nithsdale Wanderers finished bottom.

## Table

| Pos | Team | Pld | W | D | L | GF | GA | GD | Pts | Promotion or relegation |
| - | - | - | - | - | - | - | - | - | - | - |
| 1 | Bo'ness | 38 | 23 | 10 | 5 | 86 | 41 | +45 | 56 | Promotion to the 1927–28 First Division |
| 2 | Raith Rovers | 38 | 21 | 7 | 10 | 92 | 52 | +40 | 49 | Promotion to the 1927–28 First Division |
| 3 | Clydebank | 38 | 18 | 9 | 11 | 94 | 75 | +19 | 45 | |
| 4 | Third Lanark | 38 | 17 | 10 | 11 | 67 | 48 | +19 | 44 | |
| 5 | East Stirlingshire | 38 | 18 | 8 | 12 | 93 | 75 | +18 | 44 | |
| 6 | East Fife | 38 | 19 | 3 | 16 | 103 | 91 | +12 | 41 | |
| 7 | Arthurlie | 38 | 18 | 5 | 15 | 90 | 83 | +7 | 41 | |
| 8 | Ayr United | 38 | 13 | 15 | 10 | 67 | 68 | −1 | 41 | |
| 9 | Forfar Athletic | 38 | 15 | 7 | 16 | 66 | 79 | −13 | 37 | |
| 10 | Stenhousemuir | 38 | 12 | 12 | 14 | 69 | 76 | −7 | 36 | |
| 11 | Queen of the South | 38 | 16 | 4 | 18 | 72 | 80 | −8 | 36 | |
| 12 | King's Park | 38 | 13 | 9 | 16 | 76 | 75 | +1 | 35 | |
| 13 | St Bernard's | 38 | 14 | 6 | 18 | 70 | 77 | −7 | 34 | |
| 14 | Alloa Athletic | 38 | 12 | 10 | 16 | 70 | 77 | −7 | 34 | |
| 15 | Armadale | 38 | 12 | 10 | 16 | 70 | 78 | −8 | 34 | |
| 16 | Albion Rovers | 38 | 11 | 11 | 16 | 74 | 87 | −13 | 33 | |
| 17 | Bathgate | 38 | 13 | 7 | 18 | 76 | 98 | −22 | 33 | |
| 18 | Dumbarton | 38 | 13 | 6 | 19 | 69 | 84 | −15 | 32 | |
| 19 | Arbroath | 38 | 13 | 6 | 19 | 64 | 83 | −19 | 32 | |
| 20 | Nithsdale Wanderers | 38 | 7 | 9 | 22 | 59 | 100 | −41 | 23 | |
