Aim To assess whether reverse-dipping status is associated with cardiovascular (CV) events such as CV death, myocardial infarction (MI) or stroke in diabetic patients with hypertension. Methods A total of 97 diabetic patients underwent their first ambulatory blood pressure monitoring (ABPM 1). “Reverse dippers” were defined as patients with a nighttime systolic and/or diastolic blood pressure (BP) greater than daytime systolic and/or diastolic BP. Other patients were called “others”. A second ABPM (ABPM 2) was done after a median delay of 2.6 years. Patients were then followed for a further 2.9-year median period (total median follow-up: 5.5 years). Results After ABPM 1, CV events occurred in 53% of the reverse dippers ( n = 15) and in 29% of the others ( n = 82). Kaplan-Meier curves showed significant differences between the two groups ( P = 0.003). Mean nighttime systolic BP on ABPM 1 was 148 ± 23 mmHg and 142 ± 19 mmHg in patients who did and did not experience a CV event, respectively. With Cox analysis adjusted for confounders, a 10 mmHg increase in nighttime systolic BP was associated with a 35% increase in the risk of a CV event (hazard ratio [HR]: 1.35, P = 0.003). The HR for a CV event in reverse- versus nonreverse-dipping status was 2.79 ( P = 0.023). After ABPM 2, the relationship between the reverse-dipping status and occurrence of CV events was no longer evident ( P = 0.678). Nighttime systolic BP remained predictive of CV events ( P = 0.001) . Conclusion These findings suggest that nighttime systolic BP per se appeared to be a stronger predictor of an excess risk of CV events compared with reverse-dipping status.