The compressive fracture processes in flat woven carbon fabrics reinforced carbon composite materials (C/C composites) were studied “in-situ” by means of optical microscopy. The compressive fracture strength obtained was 110MPa and 90MPa for the C/C composites with the final heat treatment at 1873K and 3273K, respectively. For the former composite, the specimen size dependence of fracture strength was seen with the specimen length smaller than 25mm, where the fracture strength was increased with decreasing the specimen length. The initial crack formation between fiber bundles crossed each other was observed at a quarter of the fracture stress. At about 95 % of the fracture stress, inter-laminar de-bonding was observed. The second cracking stage was very fast, followed by catastrophic fracture. For the latter composite, the catastrophic fracture was followed immediately after the first crack initiation. These fracture characteristics were interpreted mainly in terms of the difference in graphitization at interfaces caused by the final heat treatment.