Phthalonitrile resins are a type of high temperature/performance polymers having a wide range of potential applications such as composite matrices, adhesives, electrical conductors and carbon precursors. Polymerization of these resins occurs through cyano groups on phthalonitrile units by an addition cure mechanism, affording the resins unique processing character and properties. In this article, the cure behavior and mechanism, properties, modification, processing character and applications in composites will be comprehensively discussed and described. The future research orientation of the phthalonitrile resins was suggested at the end of this article.