A switching power supply, a power adapter and a charger are provided. The switching power supply comprises a current-mode PWM control unit, a transformer, and a DC power supply circuit connected in series to a power compensation auxiliary circuit. The current-mode PWM control unit comprises a current detection terminal. An input of the DC power supply circuit is connected to an auxiliary voltage output. The auxiliary voltage output outputs an auxiliary voltage related to output voltage of the switching power supply. The power compensation auxiliary circuit is used to compare the output voltage and a threshold voltage. When the current output voltage of the switching power supply is not greater than the threshold voltage, the power compensation auxiliary circuit generates a DC voltage, thus providing a compensation voltage to the current detection terminal, otherwise no compensation voltage is provided.