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Summary: Traditional multiple‐output AC‐DC power supply with power factor correction (PFC) function usually employs a two‐stage cascaded topology that is composed of prestage PFC converter and N independent poststage DC‐DC converters to achieve PFC and voltage or current regulation of N outputs. Hence, the conventional two‐stage cascaded multiple‐output AC‐DC power supply needs N + 1 magnetic components as power inductors or transformers and N + 1 controllers, which increases the cost and size of the multioutput converters. The conventional multiple‐string AC‐DC LED driving circuits usually employ a two‐stage topology to realize PFC and independent current regulation of each LED string. To address the issue of complexity, high cost, and large size of the two‐stage multistring LED driving circuit, a single‐stage triple‐output Cuk PFC converter is proposed by cascading boost converter and single‐inductor triple‐output buck converter with sharing main power switch in this paper. The topology operation principle, control strategy, design consideration, and operation characteristics of the proposed circuit are investigated in detail. With the switch sharing and inductor multiplexing technologies at the same time, the proposed converter utilizes only single‐stage converter to achieve PFC function, independent regulation of triple‐channel output current, and flicker‐free with low twice line frequency LED current ripple. The proposed converter is verified by a 50‐W experimental prototype of LED driver for triple string LEDs. The proposed converter only uses two power inductors and a set of controller to achieve greater than 0.945 PF, up to 90.5% efficiency, low LED current ripple, and independent current regulation for triple LED strings with different forward voltage, which may significantly reduce the cost and size of the traditional AC‐DC multistring LED driving circuit. [ABSTRACT FROM AUTHOR]