With a focus on the shock oscillation phenomenon of a supersonic inlet at a high Mach number, the influence of isolator overflow on shock oscillation is studied in this paper. The shock wave dynamic model with overflow was established by the theoretical method, and the integrated numerical model of internal flow and external flow in the inlet was established too. The theoretical analysis of rate of overflow and overflow position on the flow field is carried out, and the changes of flow field parameters are studied by numerical simulation under different overflow positions. The results showed that both increasing the rate of overflow and setting the overflow gap close to the shock front were beneficial to reducing the flow parameters’ oscillation. In the viscous flow field, the overflow gap restricted the forward development of the local separation region of the shock train system, thus constraining the shock wave movement process, which could significantly reduce the parameter oscillation. In model C with two groups of overflow gaps, pressure oscillations of sampling point PU8 and PL8 were reduced to 29.81% and 30.56% relative to without overflow, and the corresponding rate of overflow was within 3.6%, which indicated that the appropriate overflow gap setting could effectively suppress the self-excited oscillation in the inlet.