A stretchable display panel, a method for compensating a threshold voltage of a transistor in the stretchable display panel, and a computer readable storage medium. The stretchable display panel includes: a base substrate; a transistor on the base substrate, the transistor includes a gate electrode layer and an active layer that are at least partially stacked; and a voltage compensation layer, the voltage compensation layer is located between the transistor and the base substrate, wherein the voltage compensation layer is applied with a compensation voltage that depends on a stretching amount of the stretchable display panel.