| Final | Team | time | Rk. | | 1. Johnny Weissmuller |  USA | 59.0s | 2. 1. | | 2. Duke Kahanamoku | USA | 1:01.4 | 5. 2. | | 3. Sam Kahanamoku | USA | 1:01.8 | 1. 3. | | 4. Arne Borg |  SWE | 1:02.0 | 10.4. | | 5. Katsuo Takaishi |  JPN | 1:03.0 | 4. 5. |
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| | | First 2 and best 3rd place advanced to Final. |
| Semi 1 | Team | time | Rk. | | 1. Duke Kahanamoku | USA | 1:01.6 | 2. | | 2. Sam Kahanamoku | USA | 1:02.2 | 3. | | 3. Katsuo Takaishi | JPN | 1:02.6 | 5. | | 4. Orvar Trolle | SWE | 1:02.6 | 5. | | 5. Clayton Bourne |  CAN | 1:06.0 | 9. | | 6. István Bárány |  HUN | 1:08.0 | 12. |
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| Semi 2 | Team | time | Rk. | | 1. Johnny Weissmuller | USA | 1:00.8 | 1. | | 2. Arne Borg | SWE | 1:02.4 | 4. | | 3. Ernest Henry |  AUS | 1:03.0 | 7. | | 4. Alfred Pycock |  GBR | 1:05.0 | 8. | | 5. Ivan Stedman | AUS | 1:06.0 | 9. | | 6. Alberto Zorrilla |  ARG | 1:07.6 | 11. |
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| Heat 1 | Team | time | Rk. | | 1. Orvar Trolle | SWE | 1:04.2 | 5. | | 2. Duke Kahanamoku | USA | 1:04.2 | 5. | | 3. Kazuo Onoda | JPN | 1:05.4 | 10. | | 4. Charles Baillee | GBR | 1:08.2 | 19. | | 5. Vlado Smokvina |  YUG | 1:11.6 | 23. |
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| Heat 2 | Team | time | Rk. | | 1. Sam Kahanamoku | USA | 1:03.2 | 1. | | 2. Ernest Henry | AUS | 1:03.8 | 2. | | 3. Torahiko Miyahata | JPN | 1:04.2 | 5. | | 4. Henri Padou, Sr. |  FRA | 1:05.0 | 8. | | 5. Albert Dickin | GBR | 1:06.0 | 12. | | 6. Stanislav Bičák |  TCH | 1:10.2 | 22. |
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| Heat 3 | Team | time | Rk. | | 1. Clayton Bourne | CAN | 1:06.2 | 14. | | 2. Alberto Zorrilla | ARG | 1:08.2 | 19. | | 3. Viktor Legát | TCH | 1:13.2 | 28. | | 4. Charles Kopp |  SUI | 1:15.0 | 30. |
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| Heat 4 | Team | time | Rk. | | 1. Katsuo Takaishi | JPN | 1:04.0 | 4. | | 2. Ivan Stedman | AUS | 1:06.0 | 12. | | 3. Georg Werner | SWE | 1:07.0 | 16. | | 4. Zeibig Émile | FRA | 1:08.0 | 18. | | 5. Dekker Gé |  NED | 1:11.8 | 24. |
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| Heat 5 | Team | time | Rk. | | 1. Johnny Weissmuller | USA | 1:03.8 | 2. | | 2. Alfred Pycock | GBR | 1:05.2 | 9. | | 3. Édouard van Zeveren | FRA | 1:06.8 | 15. | | 4. Maurice Christie | AUS | 1:07.2 | 17. | | 5. José Manuel Pinillo |  ESP | 1:14.2 | 29. |
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| Heat 6 | Team | time | Rk. | | 1. Arne Borg | SWE | 1:05.4 | 10. | | 2. István Bárány | HUN | 1:08.4 | 21. | | 3. Julius Balasz | TCH | 1:11.8 | 24. | | 4. Dionysios Vasilopoulos |  GRE | 1:12.0 | 26. | | 5. Pieter Jacobszoon | NED | 1:12.2 | 27. |
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