Thompson got his second Vezina Trophy in the 1932–33 season, making 11 shutouts and getting a 1.76 goals-against average. The next season, Boston missed the playoffs. In the 1934–35 season, Boston placed first in the American Division. Thompson was chosen to the Second All-Star team for his second time. The Bruins won only one of their four playoff games. Their only win came when Thompson had a shutouts. He finished the playoffs with a 1.53 goals-against average.