We investigate the possibility of measuring the Hubble constant, the fractional density components and the equation of state parameter of the dark energy using lensed multiple images of high-redshift supernovae. With future instruments, such as the SNAP and NGST satellites, it will become possible to observe several hundred lensed core-collapse supernovae with multiple images. Accurate measurements of the image separation, flux-ratio, time-delay and lensing foreground galaxy will provide complementary information to the cosmological tests based on, e.g., the magnitude-redshift relation of type Ia supernovae, especially with regards to the Hubble parameter that could be measured with a statistical uncertainty at the one percent level. Assuming a flat universe, the statistical uncertainty on the mass density is found to be stat M < 0:05. However, systematic eects from the uncertainty of the lens modeling are likely to dominate. E.g., if the lensing galaxies are extremely compact but are (erroneously) modeled as singular isothermal spheres, the mass density is biased by syst M 0:1. We argue that wide-field near-IR instruments such as the one proposed for the SNAP mission are critical for collecting large statistics of lensed supernovae.