The invention discloses a method and a circuit for forming a pulse flow in the ultrasonic signal sparse sampling. The method includes the steps that: S1, a local oscillator generates an oscillating signal having the oscillating frequency two times of the center frequency of an ultrasonic signal S(t); S2, two divided-frequency is carried out on the oscillating signal, so that two paths of square signals are generated, and the two paths of square signals and the S(t) are independently modulated and mixed; S3, the two paths of modulated and mixing signals pass a low pass filter, and two paths of output signals are generated; S4, the square operation is respectively carried out on the two paths of output signals of the S3, square values are added, and then a square root value of an addition value is obtained, and a final output signal A(t) which is the pulse flow obtained by detecting the ultrasonic signal S(t) is obtained. A circuit function module comprises a local oscillation module, an orthogonal frequency mixing module, a low pass filtering module and a modular arithmetic module. The method and the circuit for forming the pulse flow in the ultrasonic signal sparse sampling are especially suitable for realizing the sparse sampling at a low speed in the ultrasonic signal sparse sampling system based on a limited rate of innovation. The speed of the sparse sampling is greatly lower than a conventional Nyquist sampling speed. On the basis of maintenance of original signal information, the problem of a large data amount of a conventional sampling method is solved, and the ultrasonic pulse flow can be formed in real time.