Objectives We evaluated the prognostic value of dipyridamole stress cardiovascular magnetic resonance imaging (CMR) in patients with chest pain and known or suspected coronary artery disease. Background Stress perfusion CMR has been incorporated in daily practice. Data on its prognostic value are preliminary. Methods Dipyridamole stress CMR was performed in 420 patients with chest pain and known or suspected coronary artery disease. The extent (number of segments according to the 17-segment model) of abnormal wall motion at rest (AWM-rest), abnormal wall motion with dipyridamole (AWM-D), perfusion deficit (at stress first-pass perfusion imaging), and delayed enhancement (at late enhancement imaging) were analyzed. Results During a median follow-up of 420 days, 41. major adverse cardiac events (MACE), including 9 cardiac deaths, 14 nonfatal myocardial infarctions, and IS readmissions for unstable angina with documented abnormal angiography, were documented. The MACE were more frequent in patients with significant (> 1 segment) AWM-rest (22% vs. 5%), AWM-D (21% vs. 4%), perfusion deficit (17% vs. 5%), and delayed enhancement (20% vs. 6%; p < 0.0001 in all cases). In a multivariate analysis adjusted for baseline characteristics, the extent of AWM-D was independently related to MACE (hazard ratio [HR] 1.15 [95% confidence interval (CI) 106 to 1.24] per segment; p = 0.0006) and to major events (cardiac death or nonfatal myocardial infarction; HR 1.15 [95% CI 1.05 to 1.26] per segment; p = 0.002). Conclusions Dipyridamole stress CMR is useful for predicting the outcome of patients with known or suspected coronary artery disease.