In the past decade, graphene has revealed a cornucopia of both fundamental science and potential applications due to its exceptional electrical, mechanical, thermal, and optical properties. Recently, increasing efforts have been devoted to exploit its new features, for example, wetting properties. Benefit from its inherent material character, graphene shows great potential for the fabrication of superhydrophobic surfaces that could be potentially used for various anti-water applications. In this review, we summarize the recent developments in superhydrophobic graphene and graphene-related materials. Preparation strategies using pure graphene, graphene oxide, and graphene/polymer hybrids are presented; their potential applications are discussed. Finally, the perspective of this dynamic field including both current challenges and future demands has been discussed based on our own opinion. It is anticipated that the cooperation of the numerous merits of graphene and superhydrophobicity will bring new opportunities for high-performance multifunctional devices.