A power amplifier circuit includes a power amplifier including a first transistor having a first terminal connected to a reference potential, a second terminal to which a first current and a radio-frequency signal are input, and a third terminal connected to a first power supply potential via a first inductor; a capacitor connected to the third terminal of the first transistor; a second transistor including a first terminal connected to the capacitor and the reference potential via a second inductor, a second terminal to which a second current is input and is connected to the reference potential, and a third terminal connected to the first power supply potential via a third inductor and outputs signal; and an adjustment circuit that outputs a third current corresponding to the first power supply potential or a second power supply potential to the second terminal of the second transistor.