The 1922–23 Campeonato de Portugal was the second edition of Campeonato de Portugal. It was contested by 6 clubs, winners of regional championships, and took place from 3 to 24 June 1923.
FC Porto, the defending champions, were eliminated by Sporting CP in the semi-finals.
All matches are played on a single-leg, at a neutral venue, with extra time and penalties if necessary. Only Braga FA's and Coimbra FA's clubs play the first round; Algarve FA's club enter on the second round and Lisbon FA's, Madeira FA's and Porto FA's enter on the semi-finals.