Electromagnetic forming tests were done at room temperature to reveal the influence of hydrogen content on the compressive properties of Ti-6Al-4V alloy at high strain rate. Microstructure was observed to reveal the mechanism of hydrogen-enhanced compressive properties. The experimental results indicate that hydrogen has favorable effects on the compressive properties of Ti-6Al-4V alloy at high strain rate. Compression of Ti-6Al-4V alloy first increases up to a maximum and then decreases with the increase of hydrogen content at the same discharge energy under EMF tests. The compression increases by 47.0% when 0.2% (mass fraction) hydrogen is introduced into Ti-6Al-4V alloy. The optimal hydrogen content for cold formation of Ti–6Al–4V alloy under EMF was determined. The reasons for the hydrogen-induced compressive properties were discussed.