A refrigeration cycle apparatus refrigeration cycle apparatus in which refrigerant circulates in an order of a compressor, an oil separator, a condenser, an expansion valve, an evaporator, and an accumulator. The refrigeration cycle apparatus includes: an oil returning path extending from the oil separator to the compressor; a first electromagnetic valve provided on the oil returning path; an oil returning path extending from the accumulator to the compressor; a second electromagnetic valve provided on the oil returning path; and a controller configured to control a degree of opening of the first electromagnetic valve and a degree of opening of the second electromagnetic valve.