On 11 September, the first match of the 2011–12 season, Giovinco scored against Juventus once again, where he found the net from a penalty in a 4–1 away defeat. On 6 May, he scored a volley from 30 yards out against Siena in the penultimate match of the season, which ended in a 2–0 away win. In his second season with Parma, Giovinco finished as the club's leading goalscorer (15) and assist provider (11) in Serie A, helping the team to an eighth-place finish in the league; in total, he made 70 appearances during his two seasons with the club, scoring 23 goals, and providing 22 assists.