A new species of Hipposideros is described from South-East Sulawesi, Indonesia. Morphologically, it shows close affinities to Hipposideros papua but is substantially smaller. It is currently only known from Rawa Aopa Watumohai National Park, an area of semi-disturbed lowland rainforest, where it was the most common species of hipposiderid recorded. In this paper, data on its morphometrics and echolocation are included, along with a brief discussion of its ecology and reproductive biology.