The 1992 Atlantic hurricane season was a significantly below average season for overall tropical or subtropical cyclones as only ten formed. Six of them became named tropical storms, and four of those became hurricanes; one hurricane became a major hurricane. The season was also near-average in terms of accumulated cyclone energy. The season officially started on June 1 and officially ended on November 30. However, tropical cyclogenesis is possible at any time of the year, as demonstrated by formation in April of an unnamed subtropical storm in the central Atlantic.

The 1992 Pacific hurricane season is the most active Pacific hurricane season on record, featuring 27 named storms. The season also produced the second-highest ACE value on record in the basin, only surpassed by the 2018 season. The 1992 season officially started on May 15 in the eastern Pacific, and on June 1 in the central Pacific, and lasted until November 30. These dates conventionally delimit the period of each year when most tropical cyclones form in the northeastern Pacific Ocean. However, tropical cyclogenesis is possible at any time of the year, as demonstrated by the development of Hurricane Ekeka on January 28, and Tropical Storm Hali two months later.