The biocidal properties of hydrogen peroxide (H2O2) could be used in plant protection. However, the effects of H2O2 foliar spraying on the performance of the potato photosynthetic apparatus are still unclear. A pot experiment was conducted to investigate the effect of foliar spraying, which was done twice, with various H2O2 concentrations (1, 3, 6, 12, and 18%) on the potato photosynthetic apparatus efficiency and antioxidant capacity. The measurements were taken four times: on the first and seventh day after each application. Foliar spraying with 1% H2O2 concentration was the most stimulating for the course of physiological processes in leaves. Further increased doses of H2O2 enhanced stress in plants which is manifested by a decrease in pigment levels, photosynthetic attributes, antioxidant capacity in leaves, and fresh mass above-ground parts of potato plants. The intensive effect of spraying was particularly observed on the first day after application, while later, the activity of the photosynthetic apparatus and antioxidant capacity increased. The study provides information that foliar spraying with 1% H2O2 can be taken into account in further research on the development of a potato plant protection methods.