The principle of reflecting rotating Fourier transform spectrometer was introduced in the present paper. Based on the Malus law and reflecting characteristic of cube corner, the optic path difference of reflecting rotating Fourier transform spectrometer was analyzed and calculated by choosing the center of rotating mirror as a reference point of the aplanatic surface of incidence beam and return beam. General expression of optic path difference at any time and maximal optic path difference of reflecting rotating Fourier transform spectrometer was presented. The factors that influence the maximal optic path difference and the period of optic path difference were analyzed. The results provide a theoretical guidance for design and manufacture of reflecting rotating Fourier transform spectrometer.