The 2002 No Way Out was the fourth No Way Out professional wrestling pay-per-view (PPV) event produced by the World Wrestling Federation (WWF, now WWE). The event took place on February 17, 2002, at the Bradley Center in Milwaukee, Wisconsin. It was the final No Way Out promoted under the WWF name as the promotion was renamed to World Wrestling Entertainment (WWE) in May. It was also the final No Way Out event held before the WWF introduced the brand extension in March.

Eight professional wrestling matches were scheduled on the event's card. In the main event, Chris Jericho defeated Stone Cold Steve Austin to retain the Undisputed WWF Championship. In other prominent matches, Kurt Angle defeated Triple H to become the number one contender for the Undisputed WWF Championship, and The Rock defeated The Undertaker in a singles match.

This event is notable for the onscreen WWF debut of the New World Order (nWo), a dominant faction in World Championship Wrestling (WCW), which the WWF had acquired in March 2001. This iteration of the nWo consisted of the faction's three original members, Hollywood Hogan, Kevin Nash, and Scott Hall, with this also being their respective returns to the WWF. Coincidentally, No Way Out has the same three-letter abbreviation as the faction.