The preparation of microcellular poly(ether imide) (PEI) based foams with three-dimensional geometry remains a great challenge worldwide. In this study, we fabricated microcellular PEI-carbon nanotube (CNT) bead foams with a batch rapid depressurization method in a self-designed mold with supercritical carbon dioxide (scCO 2 ) as a blowing agent. The effects of the saturation time, foaming temperature, foaming pressure, and depressurization rate on the microcellular structures of the PEI foam were analyzed by the Taguchi approach to determine the optimum foaming conditions, and the influence of the CNT content on the cell structure was analyzed. The results show that the depressurization rate and foaming temperature were the key factors influencing the cell size and cell density (N f ); that is, the high depressurization rate and low foaming temperature favored a small cell size and high N f . The foaming temperature also influenced the foaming ratio (ϕ), and a high ϕ was obtained at a high foaming temperature. Under optimal foaming conditions, PEI with 2.0 wt % CNTs presented the best cell structure; N f , cell size, and ϕ were 6.14 × 10 10 cell/cm 3 , 2.43 μm, and 2.08, respectively. The mechanical properties of the final parts were related more to the foaming time and CNT concentration, and the maximum tensile and compression strength were reached at 3 h foaming time and 2.0 wt % CNT, that is, at 2.75 and 15.1 MPa (10% strain), respectively.