2003–04 Pittsburgh Penguins season

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 playoffs. In a 18- game losing streak, they went 17-1 (1 OTL) and coming into the final 20 games of the season, they were 11-42-5-4, the lowest record by a team in the final 20 games in the season, an also had a low 31 points. In their final 20 games they were 12-5-3-0 finishing with a 23-47-8-4 record for last place.

Offseason
Head coach Rick Kehoe resigned as coach during the offseason, and former team broadcaster Ed Olczyk was hired to replace Kehoe.

Regular season

 * Scoring
 * Goaltending

Note: GP = Games played; G = Goals; A = Assists; Pts = Points; +/- = Plus/Minus; PIM = Penalty Minutes; PPG=Power-play goals; SHG=Short-handed goals; GWG=Game-winning goals MIN=Minutes played; W = Wins; L = Losses; T/OT = Ties/Overtime Losses; GA = Goals Against; GAA = Goals Against Average; SO = Shutouts; SA=Shots Against; SV=Shots saved; SV% = Save Percentage;

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.