A light source system includes a fluorescent wheel, a color wheel, at least one light reflector, and a light source module. The fluorescent wheel includes at least one fluorescent section. The color wheel includes a filter portion. The light reflector has a reflective curved surface having a first focal point and a second focal point conjugated to each other. The first focal point is located on a rotation path of the fluorescent section. The second focal point is located on a rotation path of the filter portion. The light source module is configured to emit light to the first focal point.