A faucet with two outlets includes a main body, an outlet pipe, a hot water inlet conduit, a cold water inlet conduit, a cold water conduit, a filtered water conduit and a switch member. The outlet pipe has an inner channel and an outer channel. Filtered water flows through the inner channel, running water flows through the outer channel. The switch member laterally formed a peripheral wall of the main body, and having a valve core being mounted inside the main body. The valve core has control filtered water or running water outlet from the outlet pipe. The faucet with two outlets respectively outputs filtered water and running water through two different waterways in the outlet pipe and ensures simple structure, convenient operation and multiple water output modes.