The invention discloses a partially hydrogenated styrene-b-butadiene-divinyl benzene/isoprene random copolymer as well as a preparation method and application thereof. The polymer material is obtainedby partially hydrogenating a polymer with a structural formula of Sx-b-(By-Dg/Iz), Sx is a styrene homo-polymerization block, and By-Dg/Iz is a butadiene, isoprene and divinyl benzene random copolymerization block. The polymer material has the advantages of good mechanical property, strong ageing resistance, good heat resistance, low compression deformation, long continuous tensile time, capability of being used for vulcanizing double bonds, long chain branching, wide molecular weight distribution and the like, and is particularly suitable for being used as a window sealing material used outdoors.