In this paper, a metamaterial structure with radar and infrared (IR) compatible stealth characteristics is designed based on the principle of plasmonic absorbing structure (PAS). Due to the lack of reports on PAS-based IR radar compatible stealth, this article combines PAS and IR frequency selective surfaces to achieve the desired purpose. Through mathematical modeling and dispersion engineering of the unit cell proposed, a PAS with ultra-wideband wave absorption is realized. The low emissivity of the IR atmospheric window band is realized by means of the simulation and analysis of the IR frequency selective surface with different indium tin oxide (ITO) occupation ratios. The absorptivity of designed structure is higher than 90% from 4GHz to 28.6GHz, and the emissivity of the IR atmospheric window is only 0.3. The experience of the fabricated sample is consistent with the theoretical analysis and the simulation. Our method enriches the implementation strategies of radar-IR compatibility and has reference significance for multi-spectrum compatible stealth.