The present invention provides a stretched thermoplastic resin foam sheet that has excellent flexibility even compressed to a thickness as thin as about 0.05 mm, and a method for producing the same. The stretched thermoplastic resin foam sheet of the present invention is producible by stretching a thermoplastic resin foam sheet and has a compressive strength of 1 to 500 kPa as measured in accordance with JIS K6767 when compressed in a thickness direction thereof to a thickness of 0.05 mm. Accordingly, the stretched thermoplastic resin foam sheet has excellent flexibility even compressed to a thickness as thin as about 0.05 mm and is suitably used as a sealing material for a small electronic device such as mobile phones.