Abstract: The present disclosure relates to the technical field of microsphere drug preparations, in particular to an octreotide acetate sustained-release microsphere as well as a preparation method therefor and use thereof. The preparation method includes the following steps: S1, dissolving a polylactic acid-co-glycolic acid copolymer in a first organic solvent to prepare an oil phase 1; and dissolving octreotide acetate in a second organic solvent to prepare an oil phase 2; S2, adding the oil phase 2 into the oil phase 1 under stirring conditions to obtain a suspension containing octreotide acetate; S3, transferring the suspension to an aqueous phase, and performing emulsifying to obtain a semi-cured drug-loaded microsphere; and S4, transferring the semi-cured drug-loaded microsphere to a curing phase, and removing the solvents to obtain the octreotide acetate sustained-release microsphere.