The 1932 Chico State Wildcats football team represented Chico State Teachers College—now known as California State University, Chico—as a member of the Far Western Conference (FWC) during the 1932 college football season. Led by 10th-year head coach Art Acker, Chico State compiled an overall record of 3–5 with a mark of 2–1 in conference play, placing third in the FWC. The team outscored its opponents 82 to 75 for the season. The Wildcats played home games at College Field in Chico, California.