The invention provides a submarine sound signal noise reduction method. The method comprises steps that firstly, a submarine sound signal is inputted to decompose into multiple modal components; secondly, the multiple modal components acquired through decomposition are transformed to a frequency domain for processing; thirdly, a threshold function is set according to noise distribution characteristics of the submarine sound signal to filter noise; fourthly, the multiple modal components after processing are transformed to a time domain; and lastly, reconstruction of the submarine sound signal after noise reduction is carried out. The method is advantaged in that compared with a method in the prior art, noise is effectively eliminated, through decomposing the submarine sound signal into a series of modal components, identification of noise in the modal components is facilitated, and subsequent processing is convenient; compared with a common spectral subtraction method, the method has an advantage in processing non-stable signals, the physical meaning of the signal itself can be better presented, moreover, through designing the threshold function, the modal components are transformed to the frequency domain to carry out filtering processing, and energy statistic characteristics of the noise and the signal are fully utilized; compared with a common wavelet noise reduction method, the method has higher noise reduction performance.