A lubricating oil composition including: a lubricating base oil; (A) a first defoaming agent, the first defoaming agent being (A1) a first polymer, or (A2) a second polymer, or any combination thereof; and (B) a second defoaming agent, the second defoaming agent being a silicone defoaming agent, the (A1) first polymer including: a first polymer chain including a polysiloxane structure, the polysiloxane structure having a polymerization degree of 5 to 2000 and being represented by the following general formula (1); and a second polymer chain bonded with the first polymer chain, the second polymer chain including a repeating unit represented by the following general formula (2), the (A2) second polymer being a copolymer of a first monomer component and a second monomer component, the first monomer component represented by the general formula (7) or (8), the second monomer component represented by the general formula (9).