The invention discloses automatic forming equipment for an expandable polyethylene heat insulation cup sleeve, and belongs to the technical field of automatic cup sleeve machining. The equipment comprises an expandable polyethylene unwinding frame, a mounting frame, an arc-shaped cotton moving device, an arc-shaped cutting device, an ironing and glue dispensing device, an automatic forming device and a forming and discharging device, wherein the expandable polyethylene unwinding frame is located at one end of the mounting frame, the arc-shaped cotton moving device is located below the mounting frame, the arc-shaped cutting device is arranged on the mounting frame, the ironing and glue dispensing device comprises an ironing and glue dispensing part and a glue dispensing and uniform smearing part, the ironing and glue dispensing part is arranged on the mounting frame, and the automatic forming device is arranged on the side of the arc-shaped cotton moving device. The automatic forming device comprises a supporting table, a coiling piece and a flattening piece, the coiling piece is located beside the arc-shaped cotton moving device, the flattening piece is located above the supporting table, and the forming and discharging device is located beside the automatic forming device. According to the invention, automatic processing and forming operation of the cup sleeve is realized, and the working efficiency is improved.