The invention discloses a lubricating grease manufacturing machine capable of performing temperature control. The machine comprises a shell, a top cover is installed at the top end of the shell, and the shell and the top cover are each formed by combining an outer shell, a heat preservation layer and an inner shell, wherein the outer shell, the heat preservation layer and the inner shell are sequentially arranged from exterior to interior, a speed regulating motor is installed at the top end of the top cover, the speed regulating motor is located in the center of the top cover, an output shaftof the speed regulating motor penetrates through the top cover to be connected with a coupler, the other end of the coupler is provided with a stirring shaft, an electric heating coiled pipe is arranged between the outer wall of the inner shell on the shell and the inner wall of the heat preservation layer on the shell, a temperature sensor is installed on the left side of the bottom of the innershell on the top cover, a feeding pipe is arranged on the right side of the speed regulating motor, a discharging pipe is arranged at the bottom of the shell, and a pressure pump and an electromagnetic valve are arranged on the discharging pipe. The problem that an existing lubricating grease manufacturing machine cannot perform temperature control is solved, and smooth lubricating grease can berapidly and efficiently produced.