The demand for polymer nanocomposites (PNC) has been steadily increasing in various electronic and electromagnetic applications. PNCs have played a crucial role in the development of radio frequency devices, stealth technology and military applications, resulting in a significant surge of research on microwave absorption materials. The aim of this work is to employ gaussian process regression (GPR) as a powerful approach for multi‐dimensional optimization of key parameters, such as filler content and thickness of PNC, in order to realize its strong reflection loss (RL) characteristics viz., RLmin value and RL ≤‐10 dB bandwidth (corresponds to 90% absorption). As a proof of principle, we explored the solution processed PDMS‐Fe2O3 nanocomposite. Using experimental data from four different filler contents, we predicted the continuous electromagnetic response using GPR. By integrating an optimization algorithm with the GPR predicted electromagnetic responses, we have achieved exceptional results in the form of an optimal RLmin value of ‐67 dB for a 1.4 mm thicker PDMS nanocomposite containing 33 vol% Fe2O3 nanoparticles. This performance has not been reported previously, making it a significant contribution to the field. The experimental results corroborated the predicted data, providing evidence for the efficacy of this novel approach in designing robust PNCs for enhancing RL performance.This article is protected by copyright. All rights reserved.