Abstract: A real-time processing system based on FPGA and DSP of optical fiber sensor signal was designed. Hardware constitutes and working principle of the system was introduced. In this system, FPGA is used as a main logic unit and DSP is used as a digital demodulate unit. The influence of carrier phase delay on demodulation output is corrected. Key word: fibre-optic hydrophone; real-time processing; digital demodulation; phase delay