New network poly(siloxane–propylene oxide–urethane–ureas) based on α,ω-bis[(3-aminopropyl)diethoxy]oligodimethylsiloxanes, oligo(propylene oxide), and cycloaliphatic diisocyanates are synthesized. The resulting polymers are studied by differential scanning calorimetry and thermogravimetric analysis; their stress–strain characteristics are elucidated. These polymers are found to feature microphase separation and, consequently, two glass transition temperatures, defined by the chemical structures of the microphases. It is shown that an increase in the molecular weight and mass content of siloxane blocks leads to a decrease in the elastic modulus and tensile strength.