The invention provides a fireproof and/or fire-extinguishing microcapsule, a preparation method thereof and an application of the microcapsule. Modified polyisocyanate prepolymers are mixed with fireproof and/or fire-extinguishing materials, mixture is dispersed in water, and polyhydric alcohols and/or polyamines are added into the water to prepare the fireproof and/or fire-extinguishing microcapsule. High molecular polymerization monomers are designed and selected to synthesize the microcapsule with various enhanced physicochemical properties of shell materials, the strength, the flexibilityand the sealing performance of the microcapsule are greatly improved, so that the microcapsule can be directly and independently used as a fire-extinguishing agent, the microcapsule can also be individually used as a main material or functional additive, added into various composite materials and conveniently and directly used for preparing fireproof and/or self-excitation fire-extinguishing materials in various fields of coatings, adhesives, rubber, plastics and the like, and the applicable range and the application field of gas and liquid fire-extinguishing materials and the fireproof and/orfire-extinguishing microcapsule are greatly widened.