The invention discloses an ultrasonic flow measuring method and a low-power-consumption ultrasonic flow meter. The flow meter comprises an MCU module, a power management module, an ultrasonic wave transmitting and receiving module, a temperature and pressure collecting module, a menu function module, a communication function module and a flow output function module, wherein the power management module, the ultrasonic wave transmitting and receiving module, the temperature and pressure collecting module, the menu function module, the communication function module and the flow output function module are connected with the MCU module separately; the ultrasonic wave transmitting and receiving module comprises two pairs of ultrasonic transducers, a first analog switch, a four-way ultrasonic driving circuit, a second analog switch, an automatic gain control circuit and a polarity adjusting circuit. The flow meter has the advantages of high stability and strong robustness, the noise interference resistance is high, the measurement error can be reduced, the measurement stability and precision of the existing ultrasonic flow meter are obviously improved, and in the production process of a gas field, the volume flow of natural gas can be measured reliably, stably and accurately.