The 2003–04 Pittsburgh Penguins season was the team's 37th season of play. For the third season in a row, the club placed last in the Atlantic Division and did not qualify for the Stanley Cup playoffs. In an 18-game losing streak, they went 0–17–1 (one overtime loss). In the first 62 games, they were 11–42–5–4 for 31 points. In their final 20 games, they were 12–5–3–0, ultimately finishing with a 23–47–8–4 record for a last place finish. Their record losing streak would not be matched until the pandemic-shortened 2020–21 season by the Buffalo Sabres. By then, tie games would be out of the picture.

Offseason

Head coach Rick Kehoe was fired on April 15, 2003. Team broadcaster and former Penguins player Eddie Olczyk was hired as his replacement on June 11.

Regular season

The Penguins struggled defensively, finishing 30th overall in the NHL in goals allowed, with 303. They struggled in short-handed situations, allowing the most power-play goals in the League, with 84, and finishing 30th overall in penalty-kill percentage, at 77.24%. Furthermore, they allowed the most short-handed goals in the NHL, with 15.

Final standings

Schedule and results

Player statistics

†Denotes player spent time with another team before joining the Penguins. Stats reflect time with the Penguins only. ‡Denotes player was traded mid-season. Stats reflect time with the Penguins only.

Awards and records

Awards

Records

The team also set the NHL record for longest home losing streak, with 14 home losses.

Milestones

Transactions

The Penguins were involved in the following transactions from June 10, 2003, the day after the deciding game of the 2003 Stanley Cup Finals, through June 7, 2004, the day of the deciding game of the 2004 Stanley Cup Finals.

Trades

Players acquired

Players lost

Signings

Other

Draft picks

Pittsburgh had 11 picks in the 2003 NHL entry draft.

Farm teams

The AHL's Wilkes-Barre/Scranton Penguins finished third in the East Division with a 34–28–10–8 record. They defeated the Bridgeport Sound Tigers, Philadelphia Phantoms and the Hartford Wolf Pack to win the Richard F. Canning Trophy as Eastern Conference Champions. They were swept by the Milwaukee Admirals in the Calder Cup Finals. The ECHL's Wheeling Nailers won the Northern Division and the Eastern Conference with a record of 51–17–4. They lost to the Reading Royals in the first round of the playoffs. Pat Bingham won the John Brophy Award as the ECHL's coach of the year.