Hyperbranched polymer with epoxide-terminated group was synthesized through end-capping reaction between hyperbranched polymer with hydroxyl-terminated group and epichlorohydrin. The chemical structure of the synthesized polymer was characterized by ATR-IR and 1H NMR spectroscopy. The influence of hyperbranched polymer content on the mechanical properties and fracture toughness of epoxy/polyamide systems was investigated. The toughening mechanism was discussed basing on observing the fracture surface morphologies of epoxy/polyamide/hyperbranched polymer system.