The invention discloses a preparation method of high-performance glass fiber. The preparation method comprises the following steps: weighing a compound of silicon, aluminum, magnesium, calcium, zirconium, titanium, ferrum, cerium, yttrium, niobium, lithium, bismuth and boron, wherein the water-soluble compound is not less than 10% of the total molar quantity of all the compounds; then adding deionized water, and by taking zirconium oxide grinding balls as a grinding medium, sequentially performing ball grinding, spray drying, calcination, isostatic pressing treatment, fusing, wire drawing and other processes. The water-soluble compound evenly coats the surfaces of other compounds in a manner of ions through ball grinding mixing and spray drying, then nanoscale particles can be obtained after calcination. Under the high specific surface energy action of the nanoparticles and isostatic pressing, all the components are closely contacted, and the fusion temperature and fusion time of the glass can be obviously reduced, so that the energy consumption needed in the production of the glass fiber can be reduced.