A forming machine that quickly compacts hollow materials and automatically recycles the materials includes molds, each of which is provided with a feeder having a hollow hole. An opening of the feeder is exactly located at a hollow position of a food product to be formed, and an upper end of the hollow feeder is connected with recycling tubes coming from a feed tank. When a cope and a nowel compact and form the materials into the hollow food products, the feeders will automatically push upward remainders at hollow places of the food products that are stacked constantly, enabling the remainders to enter into the feed tank along the recycling tubes, so as to achieve effects of quickly compacting and processing the materials and automatically recycling the remainders.