Background Maternal depression impacts on several detrimental outcomes during a child's life course, and could increase their risk of victimization. This longitudinal study examined the association between antenatal maternal depression, postnatal trajectories, and current maternal depression and offspring bullying victimization at 11 years. Methods We included 3,441 11‐year‐old adolescents from the 2004 Pelotas Cohort Study. Antenatal maternal depression, postnatal trajectories, and current maternal depression data were assessed during the follow‐up waves. Bullying victimization was self‐reported by the adolescents. We used ordinal logistic regression to estimate the odds ratio (OR) and 95% confidence intervals (CIs), for the association between maternal depression and offspring bullying victimization. Results The most prevalent type of bullying was verbal victimization (37.9%). We observed a positive association between antenatal maternal depression, postnatal trajectories, and current maternal depression and physical bullying victimization. Maternal mood symptoms during pregnancy were associated with physical (OR = 1.30, 95%CI = 1.11–1.53), verbal (OR = 1.29, 95%CI = 1.12–1.49), and any victimization (OR = 1.22, 95%CI = 1.05–1.41). Severe current maternal depression was associated with physical (OR = 1.34, 95%CI = 1.10–1.62), social manipulation (OR = 1.29, 95%CI = 1.08–1.53), attacks on property (OR = 1.30, 95%CI = 1.08–1.57) and any victimization (OR = 1.32, 95%CI = 1.12–1.56). Regarding maternal depression trajectories, the “chronic‐high” group was associated with higher risk of social manipulation, attacks on property and any victimization, than the “low” group. Conclusions Our results strengthen the evidence of association between maternal depression and offspring bullying victimization, and physical victimization appears to be the main component. Further studies are warranted to confirm our findings and to elucidate the theoretical pathways for this longitudinal association.