The invention relates to the field of electric power, in particular to an electric power fault wave recording device with a dual processor structure. The device comprises a voltage transformer, a current transformer, a signal conditioning device, an A/D converter, a slave single-chip microcomputer, a master single-chip microcomputer, a liquid crystal displayer, a human-computer interaction device, a USB interface, a clock circuit, an on-off input circuit, an optoelectronic isolation device and a schmitt trigger. According to the electric power fault wave recording device with the dual processor structure, high-speed collected and input voltage and current, on-off contact signals and other electric quantities are converted to digital signals, sampling frequency is high, and the requirement for high-speed recording is met; in addition, dual processor control is used for achieving data processing, data storage and human-computer interaction, the storage capacity for fault data is large, and upgrade and capacity expansion are facilitated.