The invention discloses waterborne polyurethane industrial paint and a preparation method thereof, and particularly relates to the technical field of polyurethane paints. The waterborne polyurethane industrial paint is prepared from the following raw materials in parts by weight: 5 to 8 parts of polyether glycol, 3 to 5 parts of castor oil, 8 to 15 parts of isophorone diisocyanate, 10 to 15 partsof dibutyltin dilaurate, 0.5 to 1.5 parts of 1,4-butanediol, 1 to 3 parts of dimethylolpropionic acid, 2 to 4 parts of epoxy resin, 1 to 2 parts of trimethylolpropane, 25 to 40 parts of methyl methacrylate, 1 to 2 parts of triethylamine, 1 to 2 parts of ethylenediamine, 0.8 to 1.2 parts of a photoinitiator, 0.5 to 1 part of a coalescing agent, 0.3 to 0.6 part of a leveling agent, 0.3 to 0.8 part of a thickener, a proper amount of an external cross-linking agent, a proper amount of dibutylamine and sufficient dry nitrogen. And production is carried out through the processes of prepolymerization, emulsification, emulsion modification treatment and paint preparation. The waterborne polyurethane industrial paint is high in storage stability, a formed paint film is not prone to breakage, and the waterborne polyurethane industrial paint is high in water resistance and pollution resistance.