An embodiment of this invention discloses a foldable treadmill comprising a bracket, a platform, a lifting device, a folding frame, a motor, a linear actuator, and a control board, wherein the bracket comprises two supporting sticks, two tracks, and a rear linkage connected with the supporting sticks, the lifting device comprises a rod connected with the bracket, and two pull members respectively arranged at one end of the rod, the folding frame comprises two bars and a link bar, in which the link bar has two ends respectively connect with one bar, a middle portion of each bar connects with the pull member of the lifting device, a front end of each bar is used as a pivotal point to rotate, and a rear end of each bar has a wheel placed in the track, and the linear actuator is horizontally laid on the rear linkage.