The embodiments of the invention relate to the illumination field, and provide a drive circuit and a lamp fixture. A low-power stabilized power supply is arranged so that when a lamp fixture is at a dormancy state, the standby power consumption of the drive circuit is quite low, unnecessary energy consumption is saved, and the life of the lamp fixture is prolonged. Besides, a control unit, a current sampling circuit and a DC/DC conversion circuit are arranged so that the current size of a light source can be determined through the control unit according to light source currents obtained by the current sampling circuit, and the DC/DC conversion circuit can be controlled to output stable currents to the light source, thus the stability of a lamp fixture circuit is improved, the drive circuit of the lamp fixture satisfies the reference indicators of high efficiency and low power, a stable, low-power and long-standby time drive circuit is provided for a portable illumination lamp fixture, and the overall electrical efficiency of the drive circuit and the lamp fixture is ensured.