With the deepening of research on wireless power transfer (WPT) technology, there is an urgent need to improve the output power of WPT systems. Therefore, this paper proposes a power boosting method based on a multilevel inverter and dual-resonant network. The system adopts a five-level inverter whose output voltage contains rich fundamental and harmonic components. The transmitting side adopts a dual-resonant compensation network, and, through its parameter configuration, the system can be in a resonant state at both the fundamental and third harmonic frequencies. The receiving side adopts two receiving channels which can simultaneously receive power at both frequencies, thus boosting the output power. Firstly, the overall structure and operating principle of the system are introduced. Then, the relationship between the system output power and efficiency with the inverter modulation parameters is obtained and the strategy for selecting the optimal operating points of the inverter is designed by comprehensively considering the THD of the inverter output voltage and the efficiency of the system. Furthermore, the proposed system is simulated in a Matlab/Simulink platform. Finally, an experimental setup is created to verify the proposed method. The results show that, compared with the single-channel WPT system, the proposed method can enhance the output power from 160 W to 310 W with a boosting coefficient of nearly double and with the highest efficiency exceeding 92%.