First Cabinet of Helmut Schmidt Cabinet Schmidt I
10th Cabinet of the Federal Republic of Germany
16 May 1974 – 16 December 1976 (until 14 December 1976 as caretaker government)
Date formed	16 May 1974
Date dissolved	14 December 1976 (2 years, 6 months and 4 weeks)
People and organisations
President	Gustav Heinemann
Chancellor	Helmut Schmidt
Vice-Chancellor	Hans-Dietrich Genscher
Member party	Social Democratic Party Free Democratic Party
Status in legislature	Coalition government 271/496 (55%)
Opposition party	Christian Democratic Union Christian Social Union
Opposition leader	Karl Carstens (CDU)
History
Election	None
Legislature terms	7th Bundestag
Predecessor	Brandt II
Successor	Schmidt II

The First Schmidt cabinet was the government of West Germany between 16 May 1974 and 14 December 1976, during the 7th legislature of the Bundestag. Led by the Social Democrat Helmut Schmidt, the cabinet was a coalition between the Social Democrats (SDP) and the Free Democratic Party (FDP). The Vice-Chancellor was the Free Democrat Hans-Dietrich Genscher (FDP).