Graphene oxide (GO) has been widely utilized as the precursor of graphene (GR) to fabricate GR-based hybrid photocatalysts for solar-to-chemical energy conversion. However, until now, the properties and roles that GO played in heterogeneous photocatalysis have remained relatively elusive. In this Review, we start with a brief discussion of synthesis and structure of GO. Then, the photocatalysisrelated properties of GO, including electrical conductivity, surface chemistry, dispersibility, and semiconductor properties, are concisely summarized. In particular, we have highlighted the fundamental multifaceted roles of GO in heterogeneous photocatalysis, which contain the precursor of GR, cross-linked framework for constructing aerogel photocatalyst, macromolecular surfactant, two-dimensional growth template, and photocatalyst by itself. Furthermore, the future prospects and remaining challenges on developing effective GO-derived hybrid photocatalysts are presented, which is expected to inspire further research into this promising research domain.