This paper presents, for the first time, the mechanical model and theoretical analysis of free vibration of a spinning functionally graded graphene nanoplatelets reinforced composite (FG-GPLRC) porous double-bladed disk system. The nanocomposite rotor is made of porous metal matrix and graphene nanoplatelet (GPL) reinforcement material with different porosity and nanofillers distributions. The effective material properties of the system are graded in a layer-wise manner along the thickness directions of the blade and disk. Considering the gyroscopic effect, the coupled model of the double-bladed disk system is established based on Euler–Bernoulli beam theory for the blade and Kirchhoff’s plate theory for the disk. The governing equations of motion are derived by employing the Lagrange’s equation and then solved by employing the substructure mode synthesis method and the assumed modes method. A comprehensive parametric analysis is conducted to examine the effects of the distribution pattern, weight fraction, length-to-thickness ratio, and length-to-width ratio of graphene nanoplatelets, porosity distribution pattern, porosity coefficient, spinning speed, blade length, and disk inner radius on the free vibration characteristics of the FG-GPLRC double-bladed disk system.