In a multi-gap rotating electric machine, a side stator coil is received in a side space formed in a housing to connect radially inner and radially outer stator coils across a rotor. A cooling oil flow adjustment member is provided to adjust flow of cooling oil in the side space. The adjustment member has cooling oil guide channels formed on an uneven surface thereof facing the side stator coil. When viewed along a central axis of a rotating shaft: on an upper apart of the uneven surface which is located above the central axis, the cooling oil guide channels spread from a reference line to both sides of the reference line while extending downward; and on a lower part of the uneven surface which is located below the central axis, the cooling oil guide channels converge on the reference line from both sides of the reference line while extending downward.