Sargassum fusiforme is a seaweed species that plays an important role in the diverse communities of the flora and fauna of coastal food webs. Assessments of its biomass and energy allocation in addition to allometric organ growth have important ecological value for understanding the community structure, carbon storage, and resource assessment of seaweed beds during periods in which they thrive. In this study, the morphology of Sargassum fusiforme and the biomass of organs and total organisms in the maturation period were studied, and the allometric relationships for different organs of Sargassum fusiforme were analyzed using the standardized major axis (SMA). In the maturation period of Sargassum fusiforme, branch number, height × stem diameter were the prior independent variables, and the optimum biomass was y = 0.002x1.107 (R2 = 0.923). The biomass allocation ratio of blades was the highest (38.33%), followed by stems (32.90%) and receptacles (28.77%). The growth rates of the various organs were found to differ, and the rate of biomass increase for the blades and stems tended to converge. The rate of receptacle biomass growth of Sargassum fusiforme was the highest in the maturation period, and the rate of organ biomass increase was Wb < Ws < Wt < Wr, which reflects the trade-off with energy allocation as a strategy used by Sargassum fusiforme.