The invention discloses waste brake shoe friction material processing equipment and relates to the technical field of brake shoe recycling equipment. The waste brake shoe friction material processing equipment comprises a pyrolyzing furnace, a brake shoe clamping mechanism, a hitting plate, a pulverizer and a vibrating sieve, wherein both the brake shoe clamping mechanism and the hitting plate are arranged at the outer part of the pyrolyzing furnace, and the outlet end of the pulverizer is connected with the inlet end of the vibrating sieve. A waste brake shoe is pyrolyzed by the pyrolyzing furnace at a high temperature in an oxygen-deficient or oxygen-free environment, and the molecular structures of resin and rubber, playing a bonding effect, in a friction material are destroyed, so that the friction material is easily crushed into powder. The waste brake shoe pyrolyzed is clamped by a manipulator of the brake shoe clamping mechanism and hit onto the hitting plate, the steel back of the waste brake shoe is separated from the friction material, the friction material separated is pulverized and sieved by the pulverizer and the vibrating sieve, and the preparation of a subsequent novel friction material is facilitated. The waste brake shoe friction material processing equipment has the advantages of being simple in structure and convenient to operate, can improve the recycling and reutilizing rate of the waste brake shoe and is favorable to environment protection.