In the structural health monitoring of composite materials, in order to solve the ill-posed problem of impact force reconstruction, regularization techniques are often used to deal with it. Due to the poor convergence of the traditional Tikhonov regularization method, in order to accurately reconstruct the time history of the impact force, this paper improves Tikhonov regularization method and constructs homotopy function with strong convergence. Since the optimal regularization parameters need to be found in the homotopy function, the Newton downhill method is used to find the optimal parameters and the homotopy function can be calculated, which can accurately reconstruct the time history of the impact force. In order to verify the universality of the method in this paper, impact hammers of different materials were used in the experiment in this paper to study and compare the reconstruction effect of impact time history of different impact hammers.