This study investigates the impact of Titanium Suboxide (Ti4O7) on the flame retardancy, mechanical properties, thermal stability, and electrical and thermal conductivity of silicone rubber composites. The addition of 1.0 part of Ti4O7 to the silicone rubber composites results in a total heat release (THR) of 45 MJ/m2, which is 45.7% lower than the silicone rubber without Ti4O7, leading to a decrease in the peak of heat release rate (PHRR). Furthermore, Ti4O7 exhibits temperature stability at low temperatures and acts as a physical barrier, inhibiting the early decomposition of silicone rubber and enhancing the thermal stability of the composites. However, at temperatures exceeding 450°C, the catalytic activity of Ti4O7 is activated, promoting the decomposition of the silicone rubber composites and generating more residue. The addition of an appropriate amount of Ti4O7 can further improve the mechanical properties of the silicone rubber composites and enhance their electrical and thermal conductivity.