Mechanical characterization of foams at varying strain rates is indispensable for the selection of foam as core material for the proficient sandwich structure design at dynamic loading application. Both servo-hydraulically controlled Material Testing System (MTS) and Instron machines are generally considered for quasi-static testing at strain rates on the order of 10 −3 s −1 . Split Hopkinson pressure bar (SHPB) with steel bars is typically utilized for characterizing metallic foams at high strain rates, however modified SHPB with polycarbonate or soft martial bars are used for characterizing polymeric and biomaterial foams at high strain rates on the order of 10 3 s −1 for impedance match between the foam specimens and bars. This paper reviews the effect of strain rate of loading, density, environmental temperature, and microstructure on compressive strength and energy absorption capacity of various closed-cell polymeric, metallic, and biomaterial foams. Compressive strength and energy absorption capacity increase with the increase in both strain rate of loading and density of foams, but decrease with the increase in surrounding temperature. Foams of same density can have different strength and can absorb unequal amount of energy at the same strain rate of loading due to the variation of microstructure.