The invention discloses moisturizing, skin brightening and repairing essence containing yeast rice fermentation product filtrate and a preparation method of the moisturizing, skin brightening and repairing essence, and aims to provide essence which is easy to absorb, can improve water shortage, dark and dry skin, does not block pores, does not cause secondary damage to the skin and has moisturizing, skin brightening and repairing effects. The technical scheme comprises the following components in percentage by weight: 1.0-20.0% of yeast/rice fermentation product filtrate, 0.01-0.3% of poly gamma-sodium glutamate, 0.02-0.1% of tremella polysaccharide, 0.1-1.0% of lactobacillus plantarum fermentation rice, 0.05-0.3% of CeracareT45, 0.1-1.0% of a skin brightening agent, 0.1-3.0% of a composite fullerene stock solution, 0.3-3.0% of an ion humectant, 1.0-5.0% of propan-1,3-diol, 0.05-0.5% of a chondrus crispus extract, 0.1-0.5% of diisostearyl malate, 0.05-0.3% of sodium hyaluronate oligosaccharide, 1.0-5.0% of a yeast fermentation product filtrate mixture, 0.05-0.3% of beta-glucan, 0.2-1.0%of phytosphingosine, and the balance of the deionized water, wherein all of the raw materials is100%. The invention belongs to the technical field of cosmetics.