Sandy loamy soils are widely distributed in fluvial floodplains and experience flooding events frequently, resulting in a large amount of nitrous oxide (N2O) emissions. This case is more serious when the soil use is changed to paddies. It is of great significance to figure out the N2O consumption and its influencing factors in sandy loamy paddy soils to mitigate N2O emissions. In this study, three sandy loamy paddy soils (0–5 cm) originated from lake deposits were selected (S1, S2, and S3) as objectives. A certain concentration of exogenous N2O was added at the bottom of the flooded soil column to monitor the dynamics of N2O and nitrogen (N2) on the soil surface. Total N2O consumption, N2O uptake, and N2 production were quantified, and the abundance of nitrous oxide reductase genes (nosZI, and nosZII) and other soil properties (ammonium‐nitrogen, nitrate‐nitrogen, and dissolved organic carbon [DOC] content) were analyzed. The results showed that the sandy loamy paddy soil column with a depth of 0–5 cm could intercept more than 95% of the exogenous N2O under the flooded anaerobic condition, indicating that the three sandy loamy paddy soils all had extremely strong N2O consumption capacities. And the increment of N2 accounted for 68.73%–76.09% of the total N2O consumption, which had a stronger relationship with the increase of nosZI gene abundance than nosZII gene. In addition, the total N2O consumption and N2 increment of S1 and S3 soils were significantly higher than those of S2 soil. This difference was mainly related to soil organic matter content, total nitrogen content, DOC consumption, and the increase of nosZI gene abundance (p < 0.05). The strong N2O consumption potential of sandy loamy soils can provide feasible solutions for regulating N2O emissions in a wide range of similar environments in fluvial floodplains.