| NBL champions | League champions | Runners-up | Finals berth |
| Season | Tier | League | Regular season | Post-season | Head coach | |||||
|---|---|---|---|---|---|---|---|---|---|---|
| Finish | Played | Wins | Losses | Win % | ||||||
| Canberra Cannons | ||||||||||
| 1979 | 1 | NBL | 2nd | 18 | 13 | 5 | .722 | Lost NBL final (St. Kilda) 93–94 | Cal Stamp | |
| 1980 | 1 | NBL | 7th | 22 | 11 | 11 | .500 | Did not qualify | Cal Stamp | |
| 1981 | 1 | NBL | 7th | 22 | 12 | 10 | .545 | Did not qualify | Patrick Hunt | |
| 1982 | 1 | NBL | 11th | 26 | 8 | 18 | .308 | Did not qualify | Ian Ellis | |
| 1983 | 1 | NBL | 2nd | 22 | 16 | 6 | .727 | Qualified round robin 3–0 Won semifinal (Coburg) 80–75 Won NBL final (West Adelaide) 75–73 |
Bob Turner | |
| 1984 | 1 | NBL | 2nd | 23 | 16 | 7 | .696 | Won preliminary final (Geelong) 87–81 Won semifinal (Coburg) 108–107 Won NBL final (Brisbane) 84–82 |
Bob Turner | |
| 1985 | 1 | NBL | 4th | 26 | 19 | 7 | .731 | Won elimination final (Coburg) 110–87 Lost semifinal (Brisbane) 76–93 |
Bob Turner | |
| 1986 | 1 | NBL | 2nd | 26 | 19 | 7 | .731 | Lost semifinal (Brisbane) 100–120 | Bob Turner | |
| 1987 | 1 | NBL | 5th | 26 | 17 | 9 | .654 | Lost elimination final (Perth) 96–101 | Jerry Lee | |
| 1988 | 1 | NBL | 4th | 24 | 16 | 8 | .667 | Won elimination final (Newcastle) 107–92 Won semifinals (Adelaide) 2–0 Won NBL finals (North Melbourne) 2–1 |
Jerry Lee | |
| 1989 | 1 | NBL | 1st | 24 | 18 | 6 | .750 | Won semifinals (Sydney) 2–1 Lost NBL finals (North Melbourne) 0–2 |
Steve Breheny | |
| 1990 | 1 | NBL | 7th | 26 | 16 | 10 | .615 | Did not qualify | Steve Breheny | |
| 1991 | 1 | NBL | 10th | 26 | 9 | 17 | .346 | Did not qualify | Mel Dalgleish | |
| 1992 | 1 | NBL | 8th | 24 | 11 | 13 | .458 | Lost quarterfinals (S.E. Melbourne) 0–2 | Barry Barnes | |
| 1993 | 1 | NBL | 9th | 26 | 12 | 14 | .462 | Did not qualify | Barry Barnes | |
| 1994 | 1 | NBL | 11th | 26 | 7 | 19 | .269 | Did not qualify | Barry Barnes | |
| 1995 | 1 | NBL | 9th | 26 | 12 | 14 | .462 | Did not qualify | Brett Flanigan | |
| 1996 | 1 | NBL | 4th | 26 | 16 | 10 | .615 | Won quarterfinals (Sydney) 2–1 Lost semifinals (Melbourne) 1–2 |
Brett Flanigan | |
| 1997 | 1 | NBL | 6th | 30 | 15 | 15 | .500 | Lost quarterfinals (North Melbourne) 1–2 | Brett Flanigan | |
| 1998 | 1 | NBL | 7th | 30 | 14 | 16 | .467 | Did not qualify | Brett Flanigan | |
| 1998–99 | 1 | NBL | 11th | 26 | 8 | 18 | .308 | Did not qualify | Brett Flanigan | |
| 1999–2000 | 1 | NBL | 8th | 28 | 11 | 17 | .393 | Did not qualify | Brett Flanigan Cal Bruton | |
| 2000–01 | 1 | NBL | 11th | 28 | 3 | 25 | .107 | Did not qualify | Cal Bruton | |
| 2001–02 | 1 | NBL | 10th | 30 | 12 | 18 | .400 | Did not qualify | Cal Bruton | |
| 2002–03 | 1 | NBL | 8th | 30 | 11 | 19 | .367 | Did not qualify | Cal Bruton Lloyd Klaman | |
| Regular season record | 641 | 322 | 319 | .502 | 1 regular season champions | |||||
| Finals record | 35 | 20 | 15 | .571 | 3 NBL championships | |||||
As of the end of the 2002–03 season
*Note: In 1983 and 1984, the NBL was split into Eastern and Western divisions during the regular season.