A fast tracking power supply device, a fast tracking power supply control method, and communication equipment are provided. The fast tracking power supply device includes: a basic voltage output unit, configured to output a basic voltage; a basic current unit, configured to output a basic current; a linear amplifier, configured to output a compensation current and a compensation voltage, the linear amplifier is connected in parallel with the basic current output unit, and then is connected in series with the basic voltage output unit. The device can output signal with high efficiency and bandwidth.