The impact properties of TiC-Fe composite at different temperatures prepared by SHS / PHIP technique were investigated by impact test which was conducted in air from 20°C to 100020°C. Morphology of the impact fracture surface was observed by scanning electron microscope (SEM) and phase composition before and after the impact test was analyzed with X-Ray Diffraction. The results indicate that the impact toughness of TiC-Fe composite increases significantly with the temperature increasing above 700°C, representing a minimum value at 700°C. The impact fracture of TiC-Fe composite at room temperature, 700°C, 900°C and 1000°C is mainly brittle, showing certain plasticity with morphology of dimples as the temperature increases above 700°C. A small amount of Fe2O3 exists in the fracture surface, indicating TiC-Fe composite is oxidized partially during the impact test at elevated temperatures.