An SRS transmission method is provided, including: determining a quantity of ports corresponding to each of a plurality of SRS resources on a first time domain resource, where the plurality of SRS resources belong to a first SRS resource set; determining, based on the quantity of ports and transmit power corresponding, in a first time unit, to the first SRS resource set, transmit power of each port corresponding to each of the plurality of SRS resources, where a sum of transmit power of all ports corresponding to the plurality of SRS resources is less than or equal to transmit power corresponding to the first SRS resource set, and the first time unit includes the first time domain resource; and simultaneously transmitting, on the first time domain resource based on the transmit power of each port, SRSs carried in the plurality of SRS resources.