A power amplifier includes: first and second bias terminals to which bias voltages are respectively supplied; a first transistor having a first control terminal connected to the first bias terminal, a first terminal that is grounded, and a second terminal; a second transistor having a second control terminal connected to the second bias terminal, a third terminal connected to the second terminal, and a fourth terminal; a capacitor connected between the second control terminal and a grounding point; and a variable resistor connected in series with the capacitor, between the second control terminal and the grounding point.