- At least one version shown on US television cut the sequence of the knight bursting out of Kevin's closet and much of what came after that (Kevin's Dad telling him to keep the noise down, breakfast the following morning, etc.) This truncated version goes right from Kevin getting into bed to the Time Bandits emerging from the closet, but retains the rattling closet doors that announced the knight's arrival.
- A 1988 syndicated TV version from Columbia Pictures Television (with their logo at the beginning) completely cuts the Titanic sequence.
- The Japanese theatrical release in 1983 was cut by 13 minutes, deleting the scenes with Robin Hood, the Ogre couple and Kevin's parents touching the fragment of Evil. The final scene was restored for the 1988 Japanese television premiere. The full version was not available in Japan until the release of the 35th anniversary Blu-ray Disc.
- The 110 min. American theatrical release was cut by 6 minutes from the original 116 min. European version.
- A version seen on US television omits the scene of the Time Bandits ramming the sleeping potion into the scalp of the giant. It cut from it stepping on the house to him becoming tired, seemingly on his own.
- Early video versions omit the following:
- The theater manager introducing The Great Rumbozo; More dialogue from Evil, Benson and Robert in their very first scene; The scene of Pansy and Vincent on the Titanic is extended.
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