This chapter offers an overview of Schelling’s influence on the key thinkers of the Frankfurt School, and highlights productive parallels between his philosophy and Frankfurt School Critical Theory. It also discusses the important roles of Jakob Böhme, Franz von Baader, Karl Marx, and Gershom Scholem in mediating Schelling’s philosophy to the Frankfurt School. Schelling’s influence on the Frankfurt School thinkers is often overshadowed by Hegel, yet its importance emerges precisely in their critical engagements with Hegel. For many in the Frankfurt School, the question of redeeming a fractured humanity cannot be resolved dialectically or through political means. This perspective opens the possibility of reassessing Schelling’s non-dialectical metaphysics and political theology as resources for considering a radically different future. The chapter is divided into five sections, each addressing a distinct aspect of Schelling’s reception within the Frankfurt School. Section 1 explores Schelling’s philosophy of nature and its implications for materialism. Section 2 examines the link between Schelling and Adorno and Horkheimer on the concepts of mythology, urge, and unconscious striving. Section 3 explores the notions of the non-identical and art as further points of resonance between Adorno and Horkheimer and Schelling. Section 4 compares the diverging paths of Marcuse, Benjamin, and Bloch, highlighting their varying engagements with Schelling. Finally, Section 5 focuses on Habermas’ reception of Schelling, including his doctoral dissertation and its influence.