Vacancy-ordered double perovskites, the variant of metal-halide perovskites, have excellent potential for use in optoelectronic and thermoelectric devices. A narrow region of forming the stable vacancy-ordered double perovskite Cs 2 PdBr 6 by the chemical potential calculation via the first principles method was reported. Perdew− Burke−Ernzerhof functionals were used to investigate the possible intrinsic defects and the corresponding formation energy of Cs 2 PdBr 6 . Under the Pd-rich condition, the V Br defect was spontaneously formed as it has the lowest formation energy among all donor defects. In contrast, the sample became a p-type conducting material with a high hole concentration under the Pd-poor condition. This indicates that the defect-induced decline of photoelectric properties of Cs 2 PdBr 6 can be alleviated by regulating the V Br defect alone. Finally, the Cs 2 PdBr 6 microcrystals were fabricated via hydrothermal synthesis. In addition, XRD, PL, and Raman spectroscopy were also performed on Cs 2 PdBr 6 powder to characterize the microstructure and optical properties of the compound; the results showed that V Br defects can be formed spontaneously, which is consistent with our theoretical calculations.