Generative Flow Networks (GFlowNets) have emerged as a powerful paradigm for generating composite structures, demonstrating considerable promise across diverse applications. While substantial progress has been made in exploring their modeling validity and connections to other generative frameworks, the theoretical understanding of their learning behavior remains largely uncharted. In this work, we present a rigorous theoretical investigation of GFlowNets' learning behavior, focusing on four fundamental dimensions: convergence, sample complexity, implicit regularization, and robustness. By analyzing these aspects, we seek to elucidate the intricate mechanisms underlying GFlowNet's learning dynamics, shedding light on its strengths and limitations. Our findings contribute to a deeper understanding of the factors influencing GFlowNet performance and provide insights into principled guidelines for their effective design and deployment. This study not only bridges a critical gap in the theoretical landscape of GFlowNets but also lays the foundation for their evolution as a reliable and interpretable framework for generative modeling. Through this, we aspire to advance the theoretical frontiers of GFlowNets and catalyze their broader adoption in the AI community.