Embodiments of the present disclosure provide a pixel driving circuit and a driving method thereof, a display panel, and a display device. The pixel driving circuit comprises: a driving transistor connected to a first node, a first power supply voltage terminal and one end of a light emitting unit; a switching subcircuit connected to a first scanning terminal, the first node and a data voltage terminal; and a compensation subcircuit connected to the first node, a second scanning terminal, a first voltage terminal and a reference voltage terminal.