Though Fist of Legend is widely considered one of Li’s best films, during the downturn period of the Hong Kong film industry, its HK$14,785,382 box office gross was considered a disappointment. By comparison, Li’s Fong Sai-yuk grossed over HK$30 million, and Fong Sai-yuk II grossed HK$23 million. However, its overall box office from other countries was good.
In South Korea, the film sold 181,760 tickets in Seoul City.