A pixel circuit and a display apparatus. The pixel circuit includes a first transistor configured to output a driving current corresponding to a data voltage to an output node, an OLED connected to the output node and configured to emit light according to the driving current output from the first transistor, a storage capacitor coupled to the first transistor and configured to store the data voltage, a second transistor configured to receive a reference voltage from the first transistor during a first time section, configured to diode-connect the first transistor, and configured to compensate for a threshold voltage of the first transistor, and a third transistor configured to diode-connect the first transistor during a second time section, configured to receive the data voltage through the first transistor for which the threshold voltage of the first transistor is compensated, and configured to transfer the data voltage to the storage capacitor.