Fibroblast activation protein contributes to immunosuppression and resistance to immunotherapies. This study aimed to compare baseline 68 Ga-labeled fibroblast activation protein inhibitor ( 68 Ga-FAPI) PET/CT and 18 F-FDG PET/CT in response and survival prediction in unresectable hepatocellular carcinoma (uHCC) patients treated with the combination of programmed cell death 1 (PD-1) inhibitor and lenvatinib. Methods: In this prospective cohort study, 22 patients with uHCC who underwent baseline 18 F-FDG and 68 Ga-FAPI PET/CT and soon began taking a combination of PD-1 inhibitor and lenvatinib were recruited. Semiquantitative indices of baseline PET/CT were measured as 18 F-FDG SUV max , metabolic tumor volume, total lesion glycolysis, 68 Ga-FAPI SUV max , 68 Ga-FAPI-avid tumor volume (FTV), and total lesion fibroblast activation protein expression (TLF). The primary endpoint was durable or nondurable clinical benefit after treatment, and the secondary endpoints were progression-free survival (PFS) and overall survival (OS). Results: The overall response rate of the combination therapy was 41% (9/22). Fifty percent of patients had durable clinical benefit. Median PFS and OS were 4.8 and 14.4 mo, respectively. Patients with nondurable clinical benefit showed a significantly higher FTV and TLF than those with durable clinical benefit, whereas 18 F-FDG parameters overlapped. A higher 68 Ga-FAPI-avid tumor burden (FTV . 230.46 cm 3 or TLF . 961.74 SUV body weight Ácm 3 ) predicted both shorter PFS (4.0 vs. 13.5 mo, P 5 0.016) and shorter OS (7.8 mo vs. not reached, P 5 0.030). Patients with a higher metabolic tumor burden (metabolic tumor volume . 206.80 cm 3 or total lesion glycolysis . 693.53 SUV body weight Ácm 3 ) showed a shorter OS although the difference did not reach statistical significance (P 5 0.085). In multivariate analysis, a higher 68 Ga-FAPI-avid tumor burden (hazard ratio [HR], 3.88 [95% CI, 1.26-12.01]; P 5 0.020) and macrovascular invasion (HR, 4.00 [95% CI, 1.06-15.14]; P 5 0.039) independently predicted a shorter PFS, whereas a higher 68 Ga-FAPI-avid tumor burden (HR, 5.92 [95% CI,]; P 5 0.035) and bone metastases (HR, 5.88 [95% CI,]; P 5 0.022) independently predicted a shorter OS. Conclusion: Volumetric indices on baseline 68 Ga-FAPI PET/CT were potentially independent prognostic factors to predict durable clinical benefit, PFS, and OS in uHCC patients treated with a combination of PD-1 and lenvatinib. Baseline 68 Ga-FAPI PET/CT may facilitate uHCC patient selection before combination therapy.