The cup began in 1991–92 after Croatian and Slovenian clubs withdrew and continued through 2005–06 under the state names Yugoslavia and Serbia and Montenegro. After the 2006 separation, the Serbian Cup received a new trophy.
| Season | Serbian Cup | Runner-up | Trophy |
|---|---|---|---|
| 2005/06 | Red Star Belgrade | OFK Belgrade Final: 4–2 a.e.t. | — |
| 2004/05 | FK Železnik | Red Star Belgrade Final: 1–0 | — |
| 2003/04 | Red Star Belgrade | Budućnost Banatski Dvor Final: 1–0 | — |
| 2002/03 | FK Smederevo | Red Star Belgrade Final: 1–0 after golden goal | — |
| 2001/02 | Red Star Belgrade | FK Smederevo Final: 1–0 | — |
| 2000/01 | Partizan Belgrade | Red Star Belgrade Final: 1–0 | — |
| 1999/00 | Red Star Belgrade | Napredak Kruševac Final: 4–0 | — |
| 1998/99 | Red Star Belgrade | Partizan Belgrade Final: 4–2 | — |
| 1997/98 | Partizan Belgrade | FK Obilić Final: 0–0, 2–0 | — |
| 1996/97 | Red Star Belgrade | FK Vojvodina Final: 0–0, 1–0 | — |
| 1995/96 | Red Star Belgrade | Partizan Belgrade Final: 3–0, 3–1 | — |
| 1994/95 | Red Star Belgrade | FK Obilić Final: 4–0, 0–0 | — |
| 1993/94 | Partizan Belgrade | Spartak Subotica Final: 3–2, 6–1 | — |
| 1992/93 | Red Star Belgrade | Partizan Belgrade Final: 1–0, 0–1 a.e.t.; 5–4 pens | — |
| 1991/92 | Partizan Belgrade | Red Star Belgrade Final: 1–0, 2–2 | — |
