An Olympic medal is awarded to successful competitors at one of the Olympic Games. There are three classes of medal to be won: gold, silver, and bronze, awarded to first, second, and third place, respectively. The granting of awards is laid out in detail in the Olympic protocols.

Medal designs have varied considerably since the Games in 1896, particularly in the size of the medals for the Summer Olympic Games. The design selected for the 1928 Games remained for many years, until its replacement at the 2004 Games in Athens as the result of controversy surrounding the use of the Roman Colosseum rather than a building representing Greek roots. The medals of the Winter Olympic Games never had a common design, but regularly feature snowflakes and the event where the medal has been won.

In addition to generally supporting their Olympic athletes, some countries provide sums of money and gifts to medal winners, depending on the classes and number of medals won.