The invention discloses a telescopic formwork support beam. The telescopic formwork support beam comprises a sub beam, a main beam, ribs, pin bolts and pin holes, wherein the main beam is a ladder-shaped strip truss, upper and lower edges of the main beam are steel pipes, and the two steel pipes are fixedly connected by the ribs, and the tilting angles of the ribs on the two ends are equal; 6-10 axial equally-spaced pin holes are respectively arranged on the two ends of the upper and lower edges of the main beam, the sub beam is an open shaped frame, the upper and lower edges of the sub beam are steel pipes, and the outer end of the sub beam is fixedly connected by two tilting ribs along the same direction; the tilting angles of the ribs connected with the sub beam are equal to that of the ribs connected with two ends of the main beam; and the upper and lower edges of the open end of the sub beam are respectively axially inserted into pipes on the two ends of the main beam to form a nesting structure, and the sub beam is positioned relatively to the axial mounting position of the main beam by making the pin bolt traverse the pin hole. The telescopic formwork support beam is in a truss structure, the length of the beam is adjustable, and the structure strength is good; and during the mounting process, the mated vertical top brace is less, thus the auxiliary materials are saved, and the traffic space of the construction site is improved; and more importantly, the telescopic formwork support beam can be repeatedly used and the use cost can be saved.