Rock fragmentation efficiency can be increased by microwave heating. The mechanical properties and energy evolution characteristics of coarse sandstone specimens under different microwave heating conditions are compared in this paper. The effects of microwave heating time and power on coarse sandstone specimens of peak stress, elastic modulus, brittleness index, damage variable, and impact energy index are analyzed. The results indicate that the microwave heating power and microwave heating time are inversely proportional to peak stress and elastic modulus and directly proportional to peak strain. With the increase of microwave heating power and microwave heating time, the brittleness index and damage variable of rock specimens increase, the impact energy index decreases. The microwave heating power and microwave heating time increase the rock brittleness index. The energy absorption rate of rock specimens decreases with the increase of microwave heating time. The impact energy index is inversely proportional to microwave heating power and microwave heating time. High-power and long-time microwave heating can reduce the possibility of rockbursts and the intensity of potential dynamic disasters. The research conclusion can provide the theoretical and technical basis for breaking rock by microwave heating.