In this paper, the plastic behavior of metal sandwich beams with foam-filled sinusoidal corrugation is studied theoretically and numerically. The yield criterion of foam-filled sinusoidal corrugation sandwich cross-section is established, considering the effects of metal foam strength and sinusoidal corrugation strength. Based on the yield criterion, an analytical model for the plastic behavior of fully clamped foam-filled sinusoidal corrugation sandwich beams under transverse loading is developed, considering the interaction of axial force and bending moment. Finite element calculations are carried out to verify the analytical model. The influences of geometrical and material parameters on the load-carrying capacity and energy absorption of foam-filled sinusoidal corrugation sandwich beams are discussed. The results show that, with the increase of foam strength, face-sheet thickness, sinusoidal corrugation strength, sinusoidal corrugation sheet thickness, sinusoidal amplitude, sinusoidal half wavelength and punch width, the load-carrying capacity and energy absorption of foam-filled sinusoidal corrugation sandwich beams increase. In addition, when the loading position moves from the midspan to the clamped ends, the load and absorbed energy for the same deflection increase obviously.