High-speed railways (HSRs) are established all over the world owing to their advantages of high speed, ride comfort, and low vibration and noise. A ballastless track slab is a crucial part of the HSR, and its working condition directly affects the safe operation of the train. With increasing train operation time, track slabs suffer from various defects such as track slab warping and arching as well as interlayer disengagement defect. These defects will eventually lead to the deformation of track slabs and thus jeopardize safe train operation. Therefore, it is important to monitor the condition of ballastless track slabs and identify their defects. This paper proposes a method for monitoring track slab deformation using fiber optic sensing technology and an intelligent method for identifying track slab deformation using the random-forest model. The results show that track-side monitoring can effectively capture the vibration signals caused by train vibration, track slab deformation, noise, and environmental vibration. The proposed intelligent algorithm can identify track slab deformation effectively, and the recognition rate can reach 96.09%. This paper provides new methods for track slab deformation monitoring and intelligent identification.