| Title | Director | Cast | Genre | Notes |
| 1940 |
| Marianela | Benito Perojo | Mary Carrillo, Julio Peña, Rafael Calvo | Drama | |
| Stowaway on Board | Florián Rey | Ismael Merlo, Antonio Casal | Comedy | |
| 1941 |
| La famosa Luz María | | Manolo Moran, Lupe Sino | | |
| 1942 |
| The Cursed Village | Florián Rey | Florencia Bécquer | Drama | |
| Goyescas | Benito Perojo | Imperio Argentina, Rafael Rivelles | Musical | |
| El hombre que se quiso matar | Rafael Gil | Antonio Casal, Rosita Yarza | | |
| El abanderado | Eusebio Fernández Ardavín | Alfredo Mayo, Mercedes Vecino | | |
| Los ladrones somos gente honrada | Ignacio F. Iquino | Amparo Rivelles, Antonio Riquelme, Fernando Freyre de Andrade | Comedy | Adaptation of Enrique Jardiel Poncela's play |
| Los misterios de Tanger | Carlos Fernández Cuenca | Estrellita Castro, Manuel Luna, Raúl Cancio, Erasmo Pascual | Drama | Germán López Prieto |
| Malvaloca | Luis Marquina | Amparo Rivelles | Drama | Based on a Joaquín Álvarez Quintero play |
| Raza | José Luis Sáenz de Heredia | Alfredo Mayo, Ana Mariscal | War drama | Based on a novel by Franco. Recut in the 1950s to remove fascist elements. |
| 1943 |
| Cristina Guzmán | Gonzalo Delgrás | Marta Santaolalla, Ismael Merlo | Drama | |
| Cinnamon Flower | Eduardo García Maroto | Juanita Reina, José María Seoane | Musical comedy | |
| El 13 – 13 | Luis Lucia | Rafael Durán, Marta Santaolalla | Comedy | |
| Eloisa Is Under an Almond Tree | Rafael Gil | Amparo Rivelles, Rafael Durán | Comedy | Based on Enrique Jardiel Poncela's play with the same title |
| A Famous Gentleman | José Buchs | Amparo Rivelles, Alfredo Mayo | Drama | |
| Fantastic Night | Luis Marquina | Paola Barbara, Carlos Muñoz, Isabel de Pomés | Drama | |
| Fever | Primo Zeglio | Paola Barbara, Carlo Tamberlani, Mary Carrillo | Drama | Co-production with Italy |
| The House of Rain | Antonio Román | Luis Hurtado, Blanca de Silos, Carmen Viance | Drama | |
| It Happened in Damascus | José López Rubio | Paola Barbara, Germana Paolieri, Miguel Ligero | Comedy | Co-production with Italy |
| The Scandal | José Luis Sáenz de Heredia | Armando Calvo | Drama | Based on the novel by Pedro Antonio de Alarcón |
| Traces of Light | Rafael Gil | Isabel de Pomés, Antonio Casal | Comedy | |
| Viaje sin destino | Rafael Gil | | Comedy | |
| 1944 |
| Life Begins at Midnight | Juan de Orduña | José Isbert | Screwball comedy | |
| Lola Montes | Antonio Román | Conchita Montenegro, Luis Prendes, Jesús Tordesillas | Historical | |
| The Tower of the Seven Hunchbacks | Edgar Neville | Antonio Casal, Isabel de Pomés, Guillermo Marín | Mystery | |
| Santander, la ciudad en llamas | Luis Marquina | Rosita Yarza, Guillermina Grin, Julia Pachelo, Félix de Pomés | Drama | Written by Germán López Prieto |
| Ella, él y sus millones | Juan de Orduña | Rafael Durán, José Isbert | Screwball comedy | |
| Tuvo la culpa Adán | Juan de Orduña | Rafael Durán | Screwball comedy | |
| El clavo (The Nail) | Rafel Gil | Amparo Rivelles, Rafael Durán | Crime / Love | Based on a short story by Pedro Antonio de Alarcón. Great success |
| 1945 |
| Bamboo | José Luis Sáenz de Heredia | Imperio Argentina, Sara Montiel | Historical comedy | |
| The Captain's Ship | Florián Rey | Paola Barbara, Manuel Luna | Drama | |
| Carnival Sunday | Edgar Neville | Fernando Fernán Gómez, Conchita Montes, Guillermo Marín | Crime | |
| La vida en un hilo | Edgar Neville | Conchita Montes, Rafael Durán, Guillermo Marín | Comedy | |
| Last Stand in the Philippines | Antonio Román | Armando Calvo, Manolo Morán, Guillermo Marín, Fernando Rey | Historical | About the 1898 Spanish–American War in the Philippines seen with Franco's propagandist speech. |
| El destino se disculpa | José Luis Sáenz de Heredia | Rafael Durán, Fernando Fernán Gómez, Manolo Morán | Comedy | Based on a Wenceslao Fernández Flórez novel adapted by himself |
| 1946 |
| The Crime of Bordadores Street | Edgar Neville | Conchita Montes | Crime | |
| Gentleman Thief | Ricardo Gascón | Luis Prendes, Silvia Morgan | Comedy | |
| The Prodigal Woman | Rafael Gil | Rafael Durán, Paola Barbara, Fernando Rey | Drama | Pedro Antonio de Alarcón novel |
| 1947 |
| Anguish | José Antonio Nieves Conde | Rafael Bardem, Julia Caba Alba | Crime | |
| The Black Siren | Carlos Serrano de Osma | Fernando Fernán Gómez, Isabel de Pomés | Drama | |
| The Bullfighter's Suit | Edgar Neville | José Nieto, José Prada | Drama | |
| Don Quixote | Rafael Gil | Rafael Rivelles, Sara Montiel | Historical | |
| Four Women | Antonio del Amo | Fosco Giachetti, María Denis | Drama | |
| Lola Leaves for the Ports | Juan de Orduña | Juanita Reina, Nani Fernández, Manuel Luna | Musical | |
| Nada | Edgar Neville | Conchita Montes | Drama | Based on the famous Nada by Carmen Laforet |
| Song of Dolores | Benito Perojo | Imperio Argentina | | Entered into the 1947 Cannes Film Festival |
| Three Mirrors | Ladislao Vajda | Virgílio Teixeira, Paola Barbara, João Villaret | Mystery drama | Co-production with Portugal |
| 1948 |
| Anchor Button | Ramón Torrado | Fernando Fernán Gómez, Jorge Mistral | Comedy | There are several sequels and remakes. |
| The Butterfly That Flew Over the Sea | Antonio de Obregón | Luis Hurtado, Guillermina Green | Drama | |
| The Drummer of Bruch | Ignacio F. Iquino | Ana Mariscal, Juan de Landa | Historical | |
| Guest of Darkness | Antonio del Amo | Carlos Muñoz, Pastora Peña | Historical | |
| Life in Shadows | Lorenzo Llobet Gracia | Fernando Fernán Gómez | War drama | Filmgoer; not released until 1952 |
| Madness for Love | Juan de Orduña | Aurora Bautista, Fernando Rey, Sara Montiel, Jorge Mistral | Historical drama | The loves and madness of Joanna of Castile, Queen of Spain |
| Mare Nostrum | Rafael Gil | María Félix, Fernando Rey | Drama | |
| The Party Goes On | Enrique Gómez | Antonio Casal, María Isbert | Drama | |
| The Sunless Street | Rafael Gil | António Vilar, Amparo Rivelles, Manolo Morán | Drama | Written by Miguel Mihura |
| A Toast for Manolete | Florián Rey | Paquita Rico, Pedro Ortega | Biopic | |
| 1949 |
| The Captain from Loyola | José Díaz Morales | Rafael Durán, Maruchi Fresno | Historical | |
| Currito of the Cross | Luis Lucia | Jorge Mistral, Manuel Luna | Drama | |
| The Duchess of Benameji | Luis Lucia | Amparo Rivelles, Irene Caba Alba | Historical | |
| The Guitar of Gardel | León Klimovsky | Carmen Sevilla, Antonio Casal | Musical | Co-production with Argentina |
| I'm Not Mata Hari | Benito Perojo | Niní Marshall, Virgílio Teixeira | Comedy | |
| In a Corner of Spain | Jerónimo Mihura | Carlos Agostí, Juan de Landa | Drama | |
| Just Any Woman | Rafael Gil | María Félix, António Vilar | Drama | |
| A Man on the Road | Manuel Mur Oti | Ana Mariscal, Matilde Artero | Drama | |
| My Beloved Juan | Jerónimo Mihura | Conchita Montes, Juan de Landa, Conrado San Martín | Comedy | Based on Miguel Mihura's famous play and written by himself |
| Ninety Minutes | Antonio del Amo | Nani Fernández, Enrique Guitart | Drama | |
| Rumbo | Ramón Torrado | Paquita Rico, Julia Lajos | Drama | Entered into the 1951 Cannes Film Festival |
| They Always Return at Dawn | Jerónimo Mihura | Julio Peña, María Martín | Drama | |
| Wings of Youth | Antonio del Amo | António Vilar, Carlos Muñoz | Drama | |
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