During the dynamic acquisition of impact signals, a high sampling frequency brings significant challenges to the analog-to-digital converter and other test systems. To address this issue, in this study, an improved compressed sensing (CS) method is proposed for the measurement of impact signals based on cubic spline interpolation (CSI). According to the characteristics of the dynamic impact signal, a random non-uniform sampling strategy combining CS and CSI is presented. The CSI obviously reduces the number of observation points required by the traditional CS. To resolve the problem that the traditional orthogonal matching pursuit (OMP) algorithm can only guarantee the local optimal solution but cannot obtain the global optimal solution, an improved orthogonal matching pursuit (IOMP) algorithm is proposed. First, n atoms related to residuals are selected to build a local atomic dictionary. Subsequently, the atom most relevant to the signal observation result is selected from the local atomic dictionary. The iteration process is repeated until enough atoms are selected. The IOMP algorithm effectively improves the success rate of reconstruction. Finally, an impact signals test platform based on the Machete hammer is established. The results of theoretical simulations and several experiments indicate that the data reconstruction error of the proposed improved CS method for impact signals is approximately 5.0%.