A single-inductor two-input two-output power electronic dc–dc converter can be used to regulate two generally nonsymmetric positive and negative outputs by means of a pulsewidth modulation with a double voltage feedback. This paper studies the dynamic behavior of this system. First, the operation modes and the steady-state properties of the converter are addressed, and, then, a stability analysis that includes both the power stage and control parameters is carried out. Different bifurcations are determined from the averaged model and from the discrete-time model. The Routh–Hurwitz criterion is used to obtain the stability regions of the averaged (slow-scale) dynamics in the design parameter space, and a discrete-time approach is used to obtain more accurate results and to detect possible (fast-scale) subharmonic oscillations. Experimental measurements were taken from a system prototype to confirm the analytical results and numerical simulations. Some possible nonsmooth bifurcations due to the change in the switching patterns are also illustrated.