| Candidate | Party | Votes | % | |
|---|---|---|---|---|
| Arturo Tolentino | Kilusang Bagong Lipunan | 10,134,130 | 50.66 | |
| Salvador Laurel | United Nationalist Democratic Organization | 9,173,105 | 45.85 | |
| Eva Estrada Kalaw | Liberal Party (Kalaw wing)[a] | 662,185 | 3.31 | |
| Roger Arienda | Movement for Truth, Order and Righteousness | 35,974 | 0.18 | |
| Total | 20,005,394 | 100.00 | ||
| Valid votes | 20,005,394 | 96.57 | ||
| Invalid/blank votes | 710,681 | 3.43 | ||
| Total votes | 20,716,075 | 100.00 | ||
| Registered voters/turnout | 26,278,744 | 78.83 | ||
| Source: Annex XXXVIII of the report by the International Observer Delegation | ||||
- ^ Kalaw ran under her own wing of the Liberal Party, while the rest of party supported Laurel's candidacy.