| Year | Winner | Format | Nominees | Notes |
| 1984 | Malcolm Morley | Painting | Richard DeaconGilbert and GeorgeHoward HodgkinRichard Long | Inaugural prize winner, awarded £10,000 |
| 1985 | Howard Hodgkin | Painting, printing | Terry AtkinsonTony CraggIan Hamilton FinlayMilena KalinovskaJohn Walker | — |
| 1986 | Gilbert and George | Photomontage | Art & LanguageVictor BurginDerek JarmanStephen McKennaBill Woodrow | Nicholas Serota (pictured), Matthew Collings and Robin Klassnik were all commended. Gilbert and George were nominees in 1984. |
| 1987 | Richard Deacon | Sculpture | Patrick CaulfieldHelen ChadwickRichard LongDeclan McGonagleThérèse Oulton | Richard Long was also a nominee in 1984. |
| 1988 | Tony Cragg | Sculpture | Lucian FreudRichard HamiltonRichard LongDavid MachBoyd WebbAlison WildingRichard Wilson | Richard Long was also a nominee in 1984 and 1987. |
| 1989 | Richard Long | Sculpture | Gillian AyresLucian FreudGiuseppe PenonePaula RegoSean ScullyRichard Wilson | There was no shortlist, but the losing nominees were "commended". Lucian Freud and Richard Wilson were nominees in 1988. |
| 1990 | — | — | — | Prize suspended due to lack of sponsor following the bankruptcy of Drexel Burnham Lambert |
| 1991 | Anish Kapoor | Sculpture | Ian DavenportFiona RaeRachel Whiteread | Prize was increased to £20,000 with sponsorship from Channel 4 |
| 1992 | Grenville Davey | Sculpture | Damien HirstDavid TremlettAlison Wilding | — |
| 1993 | Rachel Whiteread | Sculpture | Hannah CollinsVong PhaophanitSean Scully | First female winner; also won the £40,000 K Foundation art award presented to the "worst artist of the year" |
| 1994 | Antony Gormley | Sculpture | Willie DohertyPeter DoigShirazeh Houshiary | — |
| 1995 | Damien Hirst | Installation, painting | Mona HatoumCallum InnesMark Wallinger | Damien Hirst: his exhibit included a bisected cow and calf in formaldehyde in a vitrine – Mother and Child Divided. He was a nominee in 1992. |
| 1996 | Douglas Gordon | Video | Craigie HorsfieldGary HumeSimon Patterson | Douglas Gordon was the first winner to be based outside of London and also the first artist to win the prize with a moving image work. |
| 1997 | Gillian Wearing | Video | Christine BorlandAngela BullochCornelia Parker | The first all-female shortlist |
| 1998 | Chris Ofili | Multi-layered painting | Tacita DeanCathy de MonchauxSam Taylor-Wood | — |
| 1999 | Steve McQueen | Video | Tracey EminSteven PippinJane and Louise Wilson | Tracey Emin exhibited her bed, titled My Bed |
| 2000 | Wolfgang Tillmans | Photography | Glenn BrownMichael RaedeckerTomoko Takahashi | Wolfgang Tillmans is German, but is based in London. |
| 2001 | Martin Creed | Installation | Richard BillinghamIsaac JulienMike Nelson | The prize was presented by Madonna. |
| 2002 | Keith Tyson | Installation, painting | Fiona BannerLiam GillickCatherine Yass | The prize was presented by architect Daniel Libeskind. |
| 2003 | Grayson Perry | Pottery | Jake and Dinos ChapmanWillie DohertyAnya Gallaccio | Grayson Perry, a cross-dresser, accepted the prize wearing a dress. The prize was presented by Sir Peter Blake. |
| 2004 | Jeremy Deller | Video, installation | Kutluğ AtamanLanglands and BellYinka Shonibare | Prize increased to £25,000; losing nominees awarded £5,000 each. The prize was presented by journalist Jon Snow. |
| 2005 | Simon Starling | Installation | Darren AlmondGillian CarnegieJim Lambie | The prize was presented by then Culture Minister David Lammy. |
| 2006 | Tomma Abts | Painting | Phil CollinsMark TitchnerRebecca Warren | Tomma Abts is German, but works in the UK. The prize was presented by Yoko Ono. |
| 2007 | Mark Wallinger | Installation | Nathan ColeyZarina BhimjiMike Nelson | Mark Wallinger (a nominee in 1995) won for State Britain. The award show and ceremony were held in Tate Liverpool, and the prize was sponsored by Milligan. The prize was presented by Dennis Hopper. |
| 2008 | Mark Leckey | Sculpture, film, sound, performance | Runa IslamGoshka MacugaCathy Wilkes | No prize sponsor: funded by the Tate. |
| 2009 | Richard Wright | Site-specific painting | Enrico DavidRoger HiornsLucy Skaer | — |
| 2010 | Susan Philipsz | Sound installation | Dexter DalwoodAngela de la CruzThe Otolith Group (Anjalika Sagar and Kodwo Eshun) | Susan Philipsz is the first sound artist to be nominated and the first to win. |
| 2011 | Martin Boyce | Installation | Karla BlackHilary LloydGeorge Shaw | Exhibition at the Baltic Gallery in Gateshead from 21 October 2011 to 8 January 2012 |
| 2012 | Elizabeth Price | Video | Spartacus ChetwyndLuke FowlerPaul Noble | — |
| 2013 | Laure Prouvost | Installation, collage, film | Lynette Yiadom-Boakye David Shrigley Tino Sehgal | — |
| 2014 | Duncan Campbell | Video | Ciara Phillips James Richards Tris Vonna-Michell | — |
| 2015 | Assemble | Architecture and design | Bonnie Camplin Janice Kerbel Nicole Wermers | — |
| 2016 | Helen Marten | Installation | Michael Dean Anthea Hamilton Josephine Pryde | — |
| 2017 | Lubaina Himid | Painting | Lubaina Himid Rosalind Nashashibi Hurvin Anderson Andrea Büttner | The jury featured Dan Fox, Co-Editor at Frieze; Martin Herbert, art critic; Mason Leaver-Yap, Walker Art Center's Bentson Scholar of Moving Image in Minneapolis, and associate Curator at Kunst-Werke Institute for Contemporary Art in Berlin; and Emily Pethick, Director, The Showroom, London. |
| 2018 | Charlotte Prodger | Video | Forensic Architecture Naeem Mohaiemen Luke Willis Thompson | The 2018 jury comprises Oliver Basciano, art critic and International Editor at ArtReview; Elena Filipovic, Director, Kunsthalle Basel; Lisa Le Feuvre, Executive Director, Holt-Smithson Foundation; and Tom McCarthy, novelist and writer. |
| 2019 | Lawrence Abu Hamdan Helen Cammock Tai Shani Oscar Murillo | Film, spoken word performance, and painting | Lawrence Abu Hamdan Helen Cammock Tai Shani Oscar Murillo. | The prize was to be sponsored by Stagecoach South East but this was quickly dropped after criticism from the LGBT community. The prize was shared by all nominees after they wrote a letter asking the judges not to choose a single winner. The jury featured Alessio Antoniolli, Director, Gasworks & Triangle Network; Elvira Dyangani Ose, Director of The Showroom Gallery and Lecturer in Visual Cultures at Goldsmiths; Victoria Pomery, Director, Turner Contemporary, Margate and Charlie Porter, writer. |
| 2020 | Cancelled | Bursaries:Oreet AsheryLiz Johnson ArturShawanda Corbett Jamie CreweSean EdwardsSidsel Meineche HansenIma-Abasi OkonImran PerrettaAlberta WhittleArika | The 2020 prize was cancelled due to the COVID-19 pandemic in the United Kingdom. Instead a £10,000 bursary was given to ten artists. |
| 2021 | Array Collective | Installation and theatre | SCooking SectionsGentle/RadicalProject Art Works | |
| 2022 | Veronica Ryan | Sculpture | Heather PhillipsonIngrid PollardSin Wai Kin | |
| 2023 | Jesse Darling | Sculpture | Ghislaine LeungRory PilgrimBarbara Walker | The 2023 prize winner was announced on 5 December at Towner Eastbourne. |
| 2024 | Jasleen Kaur | Installation and sculpture | Pio AbadClaudette JohnsonJasleen KaurDelaine Le Bas | Jury is Rosie Cooper, Ekow Eshun, Sam Thorne, Lydia Yee |