The invention discloses a ganoderma lucidum-ginkgo functional food and a preparation method thereof, and the process relates to the field of biological engineering technology. With ginkgo as main raw material and by adopting strain liquid deep culture and solid fermentation technologies, the ganoderma lucidum-ginkgo functional food is obtained. The preparation method comprises the steps: cutting ginkgo into small lumps with the size of 3-5 mm, inoculating with a 5-30% ganoderma lucidum seed liquid after sterilization, carrying out sealed fermentation with a preservative film, and after drying and smashing the fermentation product, thus obtaining the ganoderma lucidum-ginkgo functional food. The product contains 0.3-2 mg / g of total flavonoids, 0.2-1.5 mg / g of ginkgolides, 0.8-3.9 mg / g of ganoderma trierponoides, 0.9-8 mg / g of proteins, less than 0.5% of soluble sugar, 1-15 mg / g of polysaccharide, less than 5 [mu]g / g of ginkgolic acid, and less than 0.1 [mu]g / g of hydrocyanic acid. Because of containing the flavonoid compounds, terpenoids, ganoderma triterpenes and other active ingredients, the product has the efficacies of inhibiting tumor cell reproduction and reducing oxidative stress in a body.