The invention discloses polyurethane resin for shoes, comprising a component (A) and a component (B). The polyurethane resin for shoes is characterized in that the component (A) comprises 100 parts of polyester polyol and 8-30 parts of ethylene glycol and/or butanediol, the component (B) comprises 40-60 parts of 3,3'-dimethyl-4,4' diphenyl diisocyanate and 30-45 parts of polyester polyol and/or polyether glycol. A finished product prepared by substituting TODI (3,3-Tolidine-4,4-Diisocyanate) for MDI (4,4'-Diphenylmethane Diisocyanate) through a foaming reaction has the matter properties, suchas excellent compression ratio, better wear resistance, bending resistance, tensile strength, tearing strength, and the like under low density. Because of the steric hindrance effect and the electronic effect of 3,3'-dimethyl-4,4'diphenyl diisocyanate methyl-o-side, the activity of the polyurethane resin is weaker than the activity of the diphenylmethane diisocyanate, and the prepared prepolymer is stable and mild in the foaming reaction without generating a bubble falling phenomenon. Because the activity of the TODI reaction is weaker than that of the MDI reaction, the storage stability of the isocyanate combination liquid is greatly improved.