Disclosed is a pixel circuit and a display device including the pixel circuit. The pixel circuit includes: a driving element; a light emitting element; a first capacitor connected between a second node and a fourth node; a second capacitor connected between a third node and the fourth node; a first switch element connected between the second node and a data line; a second switch element connected between the fourth node and a third voltage node; a third switch element connected between the third node and a fourth voltage node; a fourth switch element connected between the second node and the third voltage node; and a fifth switch element connected between the third node and an anode electrode of a light emitting element. In various embodiments, one or more the second third, fourth.