Der HSV beendete die 41. Bundesliga-Saison 2003/04 auf dem 8. Tabellenplatz. Trainer Kurt Jara wurde im Herbst 2003 entlassen und durch Klaus Toppmöller ersetzt.
Tabelle:
| Mannschaft | ges. | G | U | V | Tore | Diff. | Punkte | |
| 1 | Werder Bremen | 34 | 22 | 8 | 4 | 79:38 | 41 | 74 |
| 2 | FC Bayern München | 34 | 20 | 8 | 6 | 70:39 | 31 | 68 |
| 3 | Bayer Leverkusen | 34 | 19 | 8 | 7 | 73:39 | 34 | 65 |
| 4 | VfB Stuttgart | 34 | 18 | 10 | 6 | 52:24 | 28 | 64 |
| 5 | VfL Bochum | 34 | 15 | 11 | 8 | 57:39 | 18 | 56 |
| 6 | Borussia Dortmund | 34 | 16 | 7 | 11 | 59:48 | 11 | 55 |
| 7 | Schalke 04 | 34 | 13 | 11 | 10 | 49:42 | 7 | 50 |
| 8 | Hamburger SV | 34 | 14 | 7 | 13 | 47:60 | -13 | 49 |
| 9 | Hansa Rostock | 34 | 12 | 8 | 14 | 55:54 | 1 | 44 |
| 10 | Vfl Wolfsburg | 34 | 13 | 3 | 18 | 56:61 | -5 | 42 |
| 11 | Mönchengladbach | 34 | 10 | 9 | 15 | 40:49 | -9 | 39 |
| 12 | Hertha BSC Berlin | 34 | 9 | 12 | 13 | 42:59 | -17 | 39 |
| 13 | SC Freiburg | 34 | 10 | 8 | 16 | 42:67 | -25 | 38 |
| 14 | Hannover 96 | 34 | 9 | 10 | 15 | 49:63 | -14 | 37 |
| 15 | Kaiserslautern | 34 | 11 | 6 | 17 | 39:62 | -23 | 36 |
| 16 | Eintracht Frankfurt | 34 | 9 | 5 | 20 | 36:53 | -17 | 32 |
| 17 | München 1860 | 34 | 8 | 8 | 18 | 32:55 | -23 | 32 |
| 18 | 1.FC Köln | 34 | 6 | 5 | 23 | 32:57 | -25 | 23 |
Spielplan:
| Spielplan
Saison 2003 / 2004 |
|||||
|
1 |
HSV
– Hannover |
0-3 |
18 |
Hannover
– HSV |
3-2 |
|
2 |
Bochum
– HSV |
1-1 |
19 |
HSV
– Bochum |
1-1 |
|
3 |
Wolfsburg
– HSV |
5-1 |
20 |
HSV
– Wolfsburg |
2-0 |
|
4 |
HSV
– Bayern |
0-2 |
21 |
Bayern
– HSV |
1-0 |
|
5 |
Leverkusen
– HSV |
1-0 |
22 |
HSV
– Leverkusen |
3-1 |
|
6 |
HSV
– Rostock |
2-1 |
23 |
Rostock
– HSV |
3-0 |
|
7 |
Hertha
BSC – HSV |
1-1 |
24 |
HSV
– Hertha BSC |
2-0 |
|
8 |
HSV
– Gladbach |
2-1 |
25 |
Gladbach
– HSV |
3-1 |
|
9 |
K’lautern
– HSV |
4-0 |
26 |
HSV
– K’lautern |
3-2 |
|
10 |
HSV
– Schalke |
2-2 |
27 |
Schalke
– HSV |
4-1 |
|
11 |
Dortmund
– HSV |
3-2 |
28 |
HSV
– Dortmund |
0-2 |
|
12 |
HSV
– 1860 |
3-1 |
29 |
1860
– HSV |
1-2 |
|
13 |
Köln
– HSV |
0-1 |
30 |
HSV
– Köln |
4-2 |
|
14 |
HSV
– Bremen |
1-1 |
31 |
Bremen
– HSV |
6-0 |
|
15 |
Stuttgart
– HSV |
0-0 |
32 |
HSV
– Stuttgart |
2-1 |
|
16 |
HSV
– Freiburg |
4-1 |
33 |
Freiburg
– HSV |
0-0 |
|
17 |
Frankfurt
– HSV |
2-3 |
34 |
HSV
– Frankfurt |
2-1 |

