An envelope tracking system is employed in a power amplification module that supports multiple frequency bands. The power amplification module includes multiple power amplification circuits, each of which includes: a first transformer to which a radio frequency signal is input; a differential amplification circuit, in which a first radio frequency signal output from transformer is input to a control electrode and in which a second radio frequency signal output from the transformer is input to a control electrode, the differential amplification circuit outputting an amplified signal obtained by amplifying a difference between the first and second radio frequency signals; and a second transformer for supplying, to the first differential amplification circuit, power-supply voltage varying according to the amplitude of the radio frequency signal and to which the first amplified signal is input.