Abstract: As the most dynamic component of terrestrial water cycling, soil moisture plays a pivotal role in the formation, transformation, and consumption of surface water. Simultaneously, it serves as a crucial parameter influencing hydrological processes, vegetation status, and climatic conditions. Therefore, high-precision, high spatiotemporal resolution soil moisture data holds significant importance across various fields, including agriculture, forestry, and meteorology. Presently, traditional methods such as the time-consuming and labor-intensive drying-weighing technique are inadequate for large-scale monitoring demands, highlighting the advantages of remote sensing methods. However, optical sensors are susceptible to cloud cover and vegetation obscuration, while microwave remote sensing technology faces challenges in balancing spatial and temporal resolutions. The space-borne global navigation satellite system-reflectometry (GNSS⁃R) technology, characterized by short revisit cycles and pseudo-random sampling, presents a new opportunity for soil moisture retrieval. This paper begins by introducing the fundamental theory of soil moisture retrieval using GNSS-R and analyzes error sources during the retrieval process. This includes the scattering and attenuation effects of surface factors such as vegetation and surface roughness on reflected signals, as well as the impact of water bodies on reflectivity. Existing error correction methods and their limitations are summarized, and potential avenues for improvement are discussed. Subsequently, the research progress in recent years regarding space-borne GNSS-R soil moisture retrieval is analyzed from three perspectives: (1) The development status of space-borne GNSS-R constellation. (2)An overview of algorithms for space-borne GNSS-R soil moisture retrieval, including empirical models, semi-empirical models, and machine learning methods. (3) Advancements and directions in integrating GNSS-R with other data for soil moisture retrieval. In conclusion, based on the scattering mechanism of reflected signals, the selection of auxiliary data, and the utilization of incident angle information, this paper discusses the technical challenges faced in current soil moisture retrieval using space-borne GNSS-R technology and provides insights into future research directions.