Scottish Challenge Cup Performance by club Performance by club

| Club | Wins | Last_final_won | Runners_up | Last_final_lost | Total_final_appearances |
|---|---|---|---|---|---|
| Falkirk | 4 | 2012 | 0 | — | 4 |
| Airdrieonians | 3 | 2001 | 0 | — | 3 |
| Queen of the South | 2 | 2013 | 2 | 2010 | 4 |
| Ross County | 2 | 2010 | 2 | 2008 | 4 |
| Hamilton Academical | 2 | 1992 | 2 | 2012 | 4 |
| Dundee | 2 | 2009 | 1 | 1994 | 3 |
| Inverness Caledonian Thistle | 1 | 2003 | 2 | 2009 | 3 |
| Airdrie United | 1 | 2008 | 1 | 2003 | 2 |
| St. Johnstone | 1 | 2007 | 1 | 1996 | 2 |
| St. Mirren | 1 | 2005 | 1 | 1993 | 2 |
| Alloa Athletic | 1 | 1999 | 1 | 2001 | 2 |
| Stranraer | 1 | 1996 | 0 | — | 1 |
| Stenhousemuir | 1 | 1995 | 0 | — | 1 |
| Ayr United | 0 | — | 2 | 1991 | 2 |