The present invention relates to expanded thermoplastic polyurethane beads, a preparation method for same, and an application thereof. The expanded thermoplastic polyurethane beads consists of components of the following parts by weight: 100 parts of a thermoplastic polyurethane, 1-10 parts of a cell size stabilizer, and 1-35 parts of a melt viscosity modifier. The preparation method for the expanded thermoplastic polyurethane beads is also disclosed. The bead is produced by employing a volatile blowing agent to immerse the thermoplastic polyurethane, comprising the pore size stabilizer and the melt viscosity modifier, in an aqueous suspension, and is then followed by the foaming process. Utilization of the expanded thermoplastic polyurethane beads of the present invention allows for preparation of a foam product. The expanded thermoplastic polyurethane beads prepared per the present invention has uniform cell sizes and a high product yield. At the same time, the expanded thermoplastic polyurethane bead provides a great sintering performance even at a relatively low vapor pressure, a molded foam product has a small deformation, a low dimensional shrinkage ratio relative to a mold, great dimensional stability, and an aesthetically appealing appearance.