The invention discloses an emulsified lipstick and a preparation method thereof, and belongs to the technical field of cosmetics. The emulsified lipstick is prepared from the following components in percentage by weight: 51 to 71% of skin moisturizer, 13 to 17% of hardener, 4 to 10% of brightener, 2 to 3% of polyglycerol-2 triisostearate, 0.5 to 1% of dipoly-pentaerythritol tri-polyhydroxyl stearate, 2 to 5% of phytosterol/octyl dodecyl lauryl glutamate, 2 to 5% of water, 2.01 to 4.02% of water-soluble moisturizer, and 0.5 to 2.5% of water-soluble plant extract. The emulsified lipstick has the advantages that by adopting two types of emulsifiers, and matching with the ultrasonic demulsifying technology, the production of air bubbles due to evaporation of water phase is avoided, and the finished rate is improved; the moisturizer, cornflower flower extract, ginko leaf extract and golden chamomile flower extract can be added into the lipstick, so that the lip wrinkles can be lightened, the skin elasticity is improved, the toxicity is effectively removed, the circulation of micro-blood vessels is stimulated, the skins are nourished, and the functions of the lipstick are widened; under the synergistic function of glycerin, hyaluronic acid and polyquaternium-51, the natural skin bionic moisturizing film is formed, and the lip skin is moisturized and smooth.