A sheet manufacturing apparatus has a heating/compressing unit configured to form a sheet by heating and compressing material including fiber and resin, and the heating/compressing unit includes a first rotating body that rotates, and a second rotating body that rotates in contact with the first rotating body. The sheet manufacturing apparatus holds, heats, and compresses material by the first rotating body and the second rotating body. The sheet manufacturing apparatus includes a heating unit that heats the outside surface of at least one of the first rotating body and second rotating body.