A multifunctional exercise machine is an exercise machine that combines a stepper assembly and a stationary bicycle assembly into a single machine. The stepper assembly is positioned on a frame member while the stationary bicycle assembly is positioned on a stand member. The frame member and the stand member are both hingedly connected to a bridge positioned in between the frame member and the stand member. A stepper resetting mechanism is utilized to regulate the movement of a first step pedal and a second step pedal of the stepper assembly. The first step pedal and the second step pedal are slidably engaged to a first rail and a second rail of the frame member. The machine may be utilized in a standing position or in a seated position via an adjustable seat. A handlebar assembly may be utilized for user stability while exercising.