Based on self-determination theory and adopting a person-oriented approach, we aimed to investigate the latent profiles of adolescent students’ basic psychological needs and their associations with personal characteristics (gender, socioeconomic status) as well as school functioning (school affect, burnout, academic achievement). Latent profile analyses based on a group of 1521 Chinese high school students identified four need profiles:low satisfaction/moderate frustration,high satisfaction/low frustration,average all, andmoderate satisfaction/high frustration. Furthermore, there were significant differences in students’ school functioning among the four latent profiles. Specifically, students with moderate to high levels of need frustration were most likely to experience maladaptive school functioning, regardless of their need satisfaction level. Additionally, gender and socioeconomic status were significant predictors of profile membership. The findings of this study can assist educators in gaining a better understanding of the diverse patterns of psychological needs among students and help them to implement targeted interventions.