The Directory (also called Directorate, French: le Directoire) was the governing five-member committee in the French First Republic from 2 November 1795 until 10 November 1799, when it was overthrown by Napoleon Bonaparte in the Coup of 18 Brumaire and replaced by the Consulate. Directoire is the name of the final four years of the French Revolution. Mainstream historiography also uses the term in reference to the period from the dissolution of the National Convention on 26 October 1795 (4 Brumaire) to Napoleon's coup d’état.

The Directory was continually at war with foreign coalitions, including Britain, Austria, Prussia, the Kingdom of Naples, Russia and the Ottoman Empire. It annexed Belgium and the left bank of the Rhine, while Bonaparte conquered a large part of Italy. The Directory established 196 short-lived sister republics in Italy, Switzerland and the Netherlands. The conquered cities and states were required to send France huge amounts of money, as well as art treasures, which were used to fill the new Louvre museum in Paris. An army led by Bonaparte tried to conquer Egypt and marched as far as Saint-Jean-d'Acre in Syria. The Directory defeated a resurgence of the War in the Vendée, the royalist-led civil war in the Vendée region, but failed in its venture to support the Irish Rebellion of 1798 and create an Irish Republic.

The French economy was in continual crisis during the Directory. At the beginning, the treasury was empty; the paper money, the Assignat, had fallen to a fraction of its value, and prices soared. The Directory stopped printing assignats and restored the value of the money, but this caused a new crisis; prices and wages fell, and economic activity slowed to a standstill.

In its first two years, the Directory concentrated on ending the excesses of the Jacobin Reign of Terror; mass executions stopped, and measures taken against exiled priests and royalists were relaxed. The Jacobin political club was closed and the government crushed an armed uprising planned by the Jacobins and an early socialist revolutionary, François-Noël Babeuf, known as "Gracchus Babeuf". But after the discovery of a royalist conspiracy including a prominent general, Jean-Charles Pichegru, the Jacobins took charge of the new Councils and hardened the measures against the Church and émigrés. They took two additional seats in the Directory, hopelessly dividing it.

In 1799, after several defeats, French victories in the Netherlands and Switzerland restored the French military position, but the Directory had lost all the political factions' support. Bonaparte returned from Egypt in October, and was engaged by Abbé Sieyès and others to carry out a parliamentary coup d'état on 9–10 November 1799. The coup abolished the Directory and replaced it with the French Consulate led by Bonaparte.