A method and an apparatus for processing a low-latency service flow, where the method includes that a first forwarding device obtains a low latency identifier corresponding to a first service flow, and obtains a second data packet based on the first data packet and the low latency identifier after determining that a received first data packet belongs to the first service flow, where the second data packet includes the first data packet and the low latency identifier, the low latency identifier instructing a forwarding device that receives the first service flow to forward the first service flow in a low-latency forwarding mode, and the low-latency forwarding mode is a mode in which fast forwarding of the first service flow is implemented under dynamic control, and the first forwarding device sends the second data packet to a second forwarding device in the low-latency forwarding mode.