To evaluate the energy absorption ability of composite beams with corrugated web under impact, the drop tests were conducted to demonstrate the fracture modes and obtain the load and energy history curves. Based on the drop tests, a finite element (FE) model was proposed with a weak link designed to trigger crushing, developed using Abaqus/Explicit, which integrates cohesive elements and employs the improved Hashin criterion along with the Choi–Chang criterion to accurately predict the onset and progression of delamination. The model accounts for the anisotropy and progressive damage in composite laminates. The periodic boundary conditions (PBCs) were integrated into the single-wave corrugated web beam model, the inherent limitations of which were corrected, enabling it to simulate the crushing process with the same effectiveness as the multi-wave model. As a result, the proposed model can accurately depict the progressive crushing behavior of corrugated web beams under impact loads while maintaining high computational efficiency.