| Candidate | Party | Votes | % | |
|---|---|---|---|---|
| Joseph Estrada | Nationalist People's Coalition | 6,739,738 | 33.01 | |
| Marcelo Fernan | Laban ng Demokratikong Pilipino | 4,438,494 | 21.74 | |
| Lito Osmeña | Lakas–NUCD | 3,362,467 | 16.47 | |
| Ramon Magsaysay Jr. | People's Reform Party | 2,900,556 | 14.20 | |
| Aquilino Pimentel Jr.[a] | PDP–Laban | 2,023,289 | 9.91 | |
| Vicente Magsaysay | Kilusang Bagong Lipunan | 699,895 | 3.43 | |
| Eva Estrada Kalaw | Nacionalista Party | 255,730 | 1.25 | |
| Total | 20,420,169 | 100.00 | ||
| Valid votes | 20,420,169 | 84.19 | ||
| Invalid/blank votes | 3,834,785 | 15.81 | ||
| Total votes | 24,254,954 | 100.00 | ||
| Registered voters/turnout | 32,141,079 | 75.46 | ||
| Source: Nohlen, Grotz, Hartmann, Hasall and Santos[1] | ||||
- ^ Running mate of Jovito Salonga (Liberal Party)
- ^ Dieter Nohlen; Florian Grotz; Christof Hartmann; Graham Hassall; Soliman M. Santos.
Elections in Asia and the Pacific: A Data Handbook: Volume II: South East Asia, East Asia, and the South Pacific.