Finite element procedure is employed to analyze the free vibration characteristics of rotating functionally graded carbon nanotubes reinforced composite conical shell with pretwist under the thermal environment. In this paper, four types of carbon nanotube grading are considered, wherein the distribution of carbon nanotubes are made through the thickness direction of the conical shell. An eight-noded isoparametric shell element is used in the present formulation to model the panel based on the first-order shear deformation theory. For moderate rotational speeds, the generalized dynamic equilibrium equation is derived from Lagrange’s equation of motion, neglecting the Coriolis effect. The finite element code is developed to investigate the effect of twist angle, temperature, aspect ratio, and rotational speed on natural frequencies. The mode shapes of a carbon nanotube reinforced functionally graded conical shell at different twist angles and rotational speeds are also presented.