Scholars have argued that much of the sexism literature has not acknowledged diversity among women, and they have called for more attention to the intersectionality of the multiple marginalized identities of sexual minority women of color (WOC) in particular. With a sample of 182 sexual minority WOC, we examined (a) the links between perceived lifetime and recent sexist events and psychological distress and (b) the potential moderating role in these relations of womanism (a perspective of feminism that recognizes the roles of both gender and race/ethnicity in the lives of WOC). Findings from our Internet survey indicated that lifetime and recent sexism were related significantly and positively to psychological distress. Womanism was also associated positively with both forms of sexism and psychological distress. In partial support of study hypotheses, womanism moderated the relationship between perceived lifetime sexist events, but not recent sexist events, and psychological distress. More specifically, the link between lifetime sexist events and psychological distress was significant and positive for sexual minority WOC with lower levels of womanism and not significant for those with higher levels of womanism. With regard to practice implications, assessing and exploring sexist events, placing these experiences in a larger sociocultural context of oppression, connecting with the legacy of social activism of marginalized groups, and encouraging supportive networks may diminish distress.