The 5th Cannes Film Festival was held from 23 April to 10 May 1952. As in the previous three festivals, the entire jury of this festival was made up of French persons, with Maurice Genevoix as the Jury President. The Grand Prix of the Festival went to the Two Cents Worth of Hope by Renato Castellani and Othello by Orson Welles. The festival opened with An American in Paris by Vincente Minnelli.

The Palme d'Or is the highest prize awarded at the Cannes Film Festival. It was introduced in 1955 by the festival's organizing committee. Previously, from 1939 to 1954, the festival's highest prize was the Grand Prix du Festival International du Film. In 1964, the Palme d'Or was replaced again by the Grand Prix, before being reintroduced in 1975.