| 11. Round | 11/02/1940 | Sevilla FC | - | Hércules CF | 1:1 | ||||
| 12. Round | 18/02/1940 | Racing Santander | - | Hércules CF | 0:1 | ||||
| 13. Round | 25/02/1940 | Hércules CF | - | Espanyol Barcelona | 1:2 | ||||
| 14. Round | 03/03/1940 | RC Celta | - | Hércules CF | 4:0 | ||||
| 15. Round | 10/03/1940 | Hércules CF | - | Valencia CF | 2:1 | ||||
| 16. Round | 17/03/1940 | Atlético Aviación | - | Hércules CF | 2:1 | ||||
| 17. Round | 24/03/1940 | Hércules CF | - | Real Betis | 3:0 | ||||
| 18. Round | 31/03/1940 | Real Zaragoza | - | Hércules CF | 0:0 | ||||
| 19. Round | 07/04/1940 | Hércules CF | - | FC Barcelona | 1:2 | ||||
| 20. Round | 14/04/1940 | Hércules CF | - | Athletic Club | 1:0 | ||||
| 21. Round | 21/04/1940 | Real Madrid | - | Hércules CF | 0:1 | ||||
| 22. Round | 28/04/1940 | Hércules CF | - | Sevilla FC | 3:3 |
Spain