The invention provides a series compensation protection test result analysis method, device and system. The analysis method comprises: receiving an SOE (Sequence Of Events) message generated by a series compensation protection device when series compensation protection happens according to test current signals; matching the SOE message with an SOE message pre-stored in a database; when the matching succeeds, generating a matching success test result, and determining that the series compensation protection is accurate; and when the matching fails, generating a matching failure test result, and determining that the series compensation protection is inaccurate. When the series compensation protection test result analysis method, device and system are adopted for series compensation protection test, accurate actions of the series compensation protection device under various conditions do not need to be learnt by debugging personnel, and the accuracy of the actions of the series compensation protection device can be easily judged.