Provided is a cutting insert configured to be able to realize downsizing of a cutting tool. A cutting insert includes: an upper surface and a lower surface facing each other and having a plurality of corner parts; a side surface connecting the upper surface and the lower surface and forming intersecting edges with the upper surface and the lower surface, respectively; and a through hole that has a central axis extending from the upper surface to the lower surface and that is formed for penetration from the upper surface to the lower surface. A corner cutting edge arranged at a position corresponding to a corner part of the upper surface, a minor cutting edge connected to a first end of the corner cutting edge, and a major cutting edge connected to a second end of the corner cutting edge are formed on the intersecting edge between the upper surface and the side surface. A flank of the corner cutting edge and a recessed part located on the lower surface side of the flank of the corner cutting edge are formed on the side surface.