The invention provides a hand-cranking type squid cutter which comprises a bracket, a hob wheel, a compression roller, a driving gear, a driven gear, a handle, a material guide plate and a discharging plate, wherein the hob wheel is slidingly supported in the bracket by a bearing; the compression roller is slidingly supported in the bracket by a mandrel in the compaction roller and can float up and down above the hob wheel, and the floating quantity between the hob wheel and the compression roller can be automatically adjusted by an adjusting device; cutter grooves are distributed on the periphery of the roller in a matrix manner, the quantity of the cutter grooves is the same as that of blades on a cutter substrate, the cutter grooves correspond to the blades one to one, and the cross section of a groove cavity of each of the cutter grooves is wedge-shaped; the hob wheel and the compression roller can be synchronously rotated by the driving gear and the driven gear, and the handle is mounted on the end surface of the driving gear; the material guide plate and the discharging plate are slanting and are respectively fixed on the bracket and located on the two sides of the hob wheel. According to the hand-cranking type squid cutter, the clearance between the compression roller and the hob wheel can be automatically adjusted according to squids with different thicknesses, so that the cutter can be suitable for cutting the squids with different thicknesses.