ABSTRACT Objective This study sought to investigate the prognostic impact of functional incomplete revascularization (ICR) in patients undergoing primary valvular surgery with concomitant intermediate coronary stenosis. Methods We conducted a retrospective cohort study of consecutive patients undergoing valvular surgery with concomitant intermediate stenosis in ≥1 main coronary artery, defined as diameter stenosis within 50% and 70%. Angiography derived Murry law based single view quantitative flow reserve (μQFR) was analyzed post hoc in a blinded fashion. Functional ICR per vessel was defined as vessel μQFR ≤ 0.8 and no bypass graft planted. The major adverse cardiac outcome was defined as a composite of all‐cause death, myocardial infarction, unplanned coronary revascularization, and stroke. Results A total of 486 patients were enrolled. Overall, 17.7% (86/486) patients remained functional ICR after surgery. The overall incidence of MACE was 14.2% during an average follow‐up time of 3.4 years. Adjusted Cox regression analysis showed that patients with functional ICR had a higher risk of MACE (HR 1.78, 95% CI 1.05−3.00, p = 0.031) and revascularization (HR 4.69, 95% CI 1.13−19.48, p = 0.033) than those with functional CR. Conclusions Functional ICR of intermediate coronary stenosis (50%−70%) in patients undergoing a primary valvular surgery portended a higher risk of MACE. Functional assessment of intermediate coronary stenosis should be taking into consideration on proceeding to myocardial revascularization.