In this study, the impact of octaphenyl polyhedral oligomeric silsesquioxane (POSS) on the thermal stability of polybenzoxazine resin at 1, 3, and 5 wt% POSS loading through dynamic thermogravimetric analysis (TGA) at heating rates of 10, 20, 30 and 40°C min−1 was investigated. Besides, the decomposition kinetics of polybenzoxazine resin (PBZ) and various nanocomposites were studied using Kissinger, Friedman, Flynn‐Wall‐Ozawa (FWO) and Coats‐Redfern (CR) models and also, the activation energies of samples were calculated. At first, benzoxazine monomer was synthesized and then nanocomposites were prepared via solution mixing method. The qualitative dispersion of nanoparticles in benzoxazine resin was examined through the utilization of scanning electron microscopy and x‐ray diffraction experiments. The results showed that the addition of nanoparticles improved the thermal stability of PBZ resin specially at 1 wt% POSS loading and at higher POSS content the thermal stability of the resin decreased. As determined by TGA, the char yield of resin was enhanced by 2.6% upon the addition of 1 wt% nanoparticles. In addition, in 1 weight percent of nanoparticles, as the heating rate rose from 10 to 40°C min−1, the Integral Program Decomposition Temperature (IPDT) has increased by about 260°C, and this increase is about 183°C compared to the resin, and also elevating the heating rate, Td (5%) and Td (10%) weight loss of samples shifted to higher temperatures. The degradation mechanism of the resin and nanocomposites was evaluated through Kissinger, Friedman, FWO and CR models. The results displayed that the addition of 1 wt% nanoparticles increased the activation energy (Ea) values of the nanocomposites compared to that of neat resin and above this filler content, the Ea values decreased. The findings derived from the FWO model indicated that the inclusion of a 1 wt% filler raised the Ea values of the first and second stages of PBZ resin decomposition from 136–200 and 151–214 kJ mol−1 to 148–210 and 180–228 kJ mol−1, respectively.