Hybrid variable gain amplifiers and methods of controlling hybrid VGAs are disclosed. The hybrid VGA includes a first portion that provides a current path between a positive input and a positive output, and a current path either between the positive input and a negative output, in a first mode of operation, or between the positive input and a voltage source, in a second mode of operation. A second portion of the VGA provides a current path between a negative input and the negative output, and a current path either between the negative input and the positive output, in the first mode of operation, or between the negative input and the voltage source, in the second mode of operation. Control voltages selectively enable the paths in the first or second mode of operation. The control voltages further control amount of current flow in the enabled paths.