The effect of Hydrogen Decrepitation (HD) process on the magnetic properties and microstructure of sintered NdFeAlB magnet (HD magnet) was investigated. The results show that the coercivity of HD magnet is higher than that of traditional ball milling (BM) magnet, while the remanence and the maximum energy product of HD magnet are lower. Microstructure analysis shows that some fine un-sintered powders are distributed at the grain boundaries of HD magnet. X-ray diffraction (XRD) analysis reveals that the degree of easy axis alignment of HD magnet is lower. Some ideas to improve the current HD process were proposed.