Abstract. Atlantic bobtail squid (Sepiola atlantica) in northwest Spain show seasonal variation in population structure, with juvenile abundance peaking during summer and autumn. However, whether similar patterns exist for reproduction is unknown. Therefore, we describe the reproductive biology of 505 specimens of S. atlantica collected monthly during two consecutive years at two different sites off of Areamilla beach in the Rı´a de Vigo. Mature males displayed a type of sexual dimorphism previously unknown in members of this species, developing a muscular nodule in the base of each of the ventral arms over ontogeny. Reproductive output of both sexes was similar to that of other bobtail squids. Relative oocyte size (~10% mantle length) appeared to be similar to those of other bobtail squids. Females did not show evidence of having mated before complete maturity. Females of S. atlantica have group-synchronous ovary maturation, with a positive correlation between female mantle length and ripe oocyte mass, suggesting a terminal investment strategy. Atlantic bobtail squids displayed the same seasonal patterns of reproductive traits at both sampling sites, with significant differences in reproductive activity between males and females. We consider reproductive traits in these small animals as adaptations to the coastal shelf lifestyle. (Guerra 1986;Rodrigues et al. 2011a).In this two year study we investigated seasonal variation in reproductive biology in two populations of S. atlantica from the Iberian Peninsula, in northwest Spain. Recent research has demonstrated that these two populations showed the same seasonal population structure (which included multiple cohorts, implying continuous recruitment: Rodrigues et al. 2011c). However, data on seasonal variation in reproductive traits will provide a more complete picture of life history traits within this species, and can be used for future comparisons among populations a Author for correspondence. E-mail: marcelorodrigues@uvigo.es Invertebrate Biology 131(1): 30-39.