The invention discloses a Cu-Ni-Co-Fe-Si-Zr-Zn copper alloy material and a preparation method thereof. The copper alloy material is prepared from, by weight, 2.0%-3.0% of Ni, 0.3%-0.8% of Co, 0.3%-0.8% of Fe, 0.5%-1.1% of Si, 0.1%-0.2% of Zr, 0.1% 0.3% of Zn and the balance Cu. The preparation method of the copper alloy material comprises the following steps of alloy casting, homogenization treatment, hot rolling, solid solution treatment, deep cold rolling and pulse magnetic field aging treatment. The copper alloy material has the advantages of high yield strength, high tensile strength and conductivity, high elongation at break, and good comprehensive mechanical property and conductive performance. In addition, no toxic element is contained in the composition of the copper alloy material, the sources of raw materials are rich, the preparation process does not generate toxic compounds, and the harm to human bodies and the environment is small.