Contra-rotating small-sized axial fans are used as cooling fans for electric equipment. In the case of the contra-rotating rotors, the blade row distance between front and rear rotors is a key parameter for the performance and stable operation. The wake and potential interference occur between the front and rear rotors and leakage flow from the front rotor tip influences on the flow condition of the rear rotor near the shroud when the blade row distance is small. Therefore, it is important to clarify the flow condition between front and rear rotors. The fan static pressure curves were obtained by the experimental apparatus and the numerical analysis was also conducted to investigate the internal flow between front and rear rotors. The leakage flow from the front rotor tip reaches the leading edge of the rear rotor when the blade row distance is small as L = 10 mm and the pressure fluctuations at the leading edge of the rear rotor tip becomes larger than those at other radial positions. In the present paper, the vorticity contour between front and rear rotors is shown and pressure fluctuations related to the leakage flow from the front rotor is investigated using the numerical analysis result. Then, suitable blade row distance for the contra-rotating small sized axial fan is discussed based on the internal flow condition.