The Rŭngrado May First Stadium, or May Day Stadium, is a multi-purpose stadium in Pyongyang, North Korea, completed on May 1, 1989.

The stadium was constructed as a main stadium for the 13th World Festival of Youth and Students in 1989. It is currently used for football matches, a few athletics matches, but most often for Arirang performances (also known as the Mass Games). The stadium can seat 150,000, which is the largest stadium capacity in the world and the world's 12th largest sporting venue.

Its name comes from Rungra Islet in the Taedong River, upon which it is situated, and May Day, the international day celebrating labour and particularly celebrated among communists. Its scalloped roof features 16 arches arranged in a ring, and it is said to resemble a parachute or a magnolia blossom. It is not to be confused with the nearby 50,000 capacity Kim Il-sung Stadium.

It hosts events on a main pitch sprawling across over 22,500 m² (242,200 ft²). Its total floor space is over 207,000 m² (2.2 million ft²) across eight stories, and the lobes of its roof peak at more than 60 m (197 ft) from the ground.