The effects of optical sampling pulse power, RF power, and electronic back-end bandwidth on the performance of time- and wavelength-interleaved photonic analog-to-digital converter (PADC) with eight-channel 41.6 GHz pulses have been experimentally investigated in detail. The effective number of bits (ENOB) and peak-to-peak voltage (Vpp) of converted 10.6 GHz electrical signals were used to characterize the effects. For the 1550.116 nm channel with 5.2 G samples per second, an average pulse power of 0 to −10 dBm input to the photoelectric detector (PD) has been tested. The Vpp increased with increasing pulse power. And the ENOB for pulse power −9~−3 dBm was almost the same and all were greater than four. Meanwhile, the ENOB decreased either when the pulse power was more than −2 dBm due to the saturation of PD or when the pulse power was less than −10 dBm due to the non-ignorable noise relative to the converted weak signal. In addition, RF powers of −10~15 dBm were loaded into the Mach–Zehnder modulator (MZM). The Vpp increased with the increase in RF power, and the ENOB also showed an increasing trend. However, higher RF power can saturate the PD and induce greater nonlinearity in MZM, leading to a decrease in ENOB, while lower RF power will convert weak electrical signals with more noise, also resulting in lower ENOB. In addition, the back-end bandwidths of 0.2~8 GHz were studied in the experiments. The Vpp decreased as the back-end bandwidth decreased from 8 to 3 GHz, and remained nearly constant for the bandwidth between the Nyquist bandwidth and the subsampled RF signal frequency. The ENOB was almost the same and all greater than four for a bandwidth from 3 to 8 GHz, and gradually increased up to 6.5 as the back-end bandwidth decreased from the Nyquist bandwidth to 0.25 GHz. A bandwidth slightly larger than the Nyquist bandwidth was recommended for low costs and without compromising performance. In our experiment, the −3 to −5 dBm average pulse power, about 10 dBm RF power, and 3 GHz back-end bandwidth were recommended to accomplish both a high ENOB more than four and large Vpp. Our research provides a solution for selecting optical sampling pulse power, RF power, and electronic back-end bandwidth to achieve low-cost and high-performance PADC.