AbstractAdvancements in optical quantum technologies have been enabled by the generation, manipulation, and characterization of light, with identification based on its photon statistics. However, characterizing light and its sources through single photon measurements requires efficient detectors and longer measurement times to obtain high‐quality photon statistics. Here, a deep learning‐based variational autoencoder (VAE) method is introduced for classifying single photon added coherent state (SPACS), single photon added thermal state (SPATS), and mixed states between coherent and SPACS as well as between thermal and SPATS of light. The semi‐supervised learning‐based VAE efficiently maps the photon statistics features of light to a lower dimension, enabling quasi‐instantaneous classification with low average photon counts. The proposed VAE method is robust and maintains classification accuracy in the presence of losses inherent in an experiment, such as finite collection efficiency, non‐unity quantum efficiency, finite number of detectors, etc. Additionally, leveraging the transfer learning capabilities of VAE enables successful classification of data of any quality using a single trained model. It is envisioned that such a deep learning methodology will enable better classification of quantum light and light sources even in poor detection.