The utility model relates to the technical field of veneer reeling machines, and aims at providing a vertical three-roller veneer reeling machine which comprises a vertical rack, and two auxiliary rollers and a pressing roller are arranged on the rack in parallel in the vertical direction. The pressing roller is arranged on a symmetrical plane between the two auxiliary rollers; material moving frames used for guiding plates to be fed and discharged are horizontally arranged on the two sides of the bottom of the rack. The rack is vertically placed, so that the pressing roller and the auxiliaryroller extend in the vertical direction, a plate is vertically placed on the material moving frames on the two sides, feeding and discharging are conducted through pushing of an operator, overhead crane conveying is not needed, and operation is easy; and the bent plate can be discharged towards one side along an arc line and cannot tilt upwards, so that the plate is easier and safer to discharge.