The 1986 Tulsa Golden Hurricane football team represented the University of Tulsa as an independent during the 1986 NCAA Division I-A football season. In their first year under head coach Don Morton, the Golden Hurricane compiled a 7–4 record. The team's statistical leaders included quarterback Steve Gage with 1,090 passing yards, Derrick Ellison with 1,064 rushing yards, and Ronnie Kelly with 533 receiving yards.