Ferrite-loaded gyromagnetic nonlinear transmission line (GNLTL) provides a possible option to compress an input pulse to a narrower width for its remarkable sharpening effect. However, it is difficult to accurately predict the output of the GNLTL due to the complex interaction between the magnetic moment of ferrite and the bias magnetic field. In this paper, a finite element model of the GNLTL is established based on the Landau–Lifshitz–Gilbert equation to investigate the performance of the GNLTL. To validate this model, a prototype is used for experimental comparison. The result demonstrates good agreement between experiment and simulation. This paper further explores the influence of the bias magnetic field and the length of the GNLTL on the output pulse. Moreover, a method to sharpen the falling edge is proposed based on the reflection and superposition of the GNLTL output. Simulation and experimental results show its effectiveness and feasibility.