The invention belongs to the technical field of preparation of soybean protein peptides, and particularly relates to a preparation method for a soybean protein peptide. The preparation method of the soybean protein peptide provided by the invention comprises the steps of pulverizing soybean protein micro powder, and performing sieving; adding water to obtain soybean protein powder, performing uniform stirring, adding a mixed solution, performing uniform stirring, adding a protective agent, and performing homogenization treatment to obtain a mixed material; performing irradiation treatment on the mixed material, and performing filtering to obtain a precipitate; performing freezing treatment on the precipitate, performing thawing, drying the thawed precipitate in the shade, grinding the precipitate into fine powder, and performing sieving to obtain fine powder; adding water to the fine powder, regulating pH, rising temperature, adding mixed enzymes in three times for enzymolysis, inactivating the enzymes, cooling to 25 DEG C to obtain enzymolysis liquid, filtering the enzymolysis liquid, and concentrating and drying the filtrate to obtain the soybean protein peptide. The product obtained by the method of the invention has narrow molecular weight distribution and low molecular weight, and the method of the invention cannot damage active groups on a molecular chain of soybean protein, thus being beneficial to maintaining the physiological activity of the soybean protein peptide.