The 2002 Faroe Islands Cup was played between 3 March and 29 July 2002. The cup was won by B36 Tórshavn.
The matches were played on 3, 9 and 10 March 2002.
The matches were played on 16 March 2002.
The second round (group stage) was played between 22 March and 21 April 2003.
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The matches were played on 28 April and 1 and 12 May 2002.
The first legs were played on 12 May and 5 June and the second legs on 13 June 2002.