The invention provides a thermal insulation composite and a preparation method thereof. The preparation method comprises the following steps of preparing the following components by mass percent: 60-75% of floating bead, 5-12% of additive, 5-10% of alumina silicate fiber, 10-17% of water glass and 0.7-1.2% of curing agent, stirring the floating bead, the additive and the alumina silicate fiber uniformly, adding the curing agent, stirring for 20-40s, adding the water glass, stirring uniformly to obtain a mixed material, pouring the mixed material into a forming mold for extrusion and compactness, standing for 30-60min in the mold, taking out, evenly placing in a dried and ventilated place, and obtaining the thermal insulation composite. The thermal insulation composite has novelty, creativity and practicability that the thermal insulation composite is reasonable in formula, concise in process, convenient to form, and easy to operate. The thermal insulation composite is high in compressive strength and tensile strength, and can be recycled for many times while excellent thermal insulation and fire resistance are ensured. The thermal insulation composite is nontoxic and pollution-free, and properties of the thermal insulation composite are unaffected after long-term storage.