The invention relates to the technical field of grinding machining, in particular to waist wheel type flowmeter rotor grinding machining equipment which comprises a machining table, a vertical plate, a clamping mechanism and a grinding mechanism. The grinding mechanism comprises a T-shaped sliding groove, a grinding electric sliding block, a supporting plate, a rectangular groove, a moving block, a supporting spring, a first adjusting frame, a second adjusting frame, a rotating roller, a tensioning shaft, a grinding belt, a motor, a balance block and an abutting forming set. By utilizing the characteristic that the grinding belt is easy to deform, the grinding belt wraps the outer wall of the rotor, and the rotor is ground through rotation of the grinding belt, so that the rotor is comprehensively ground, and the problem that the rotor is not comprehensively ground and finished or needs to be ground for multiple times due to the special structure of the rotor is solved; and meanwhile, the grinding belt can be adjusted according to the size of the rotor, so that the grinding belt and the rotor can be tightly attached, the contact area between the grinding belt and the rotor is increased, and the grinding efficiency of the rotor is improved.