A refrigeration cycle apparatus includes a compressor, a four-way valve, a second flow path switching unit, a first outdoor heat exchanger, a second outdoor heat exchanger, a first indoor heat exchanger and a second flow path switching unit. The second flow path switching unit switches between a third state in which the first port, the second port, the first outdoor heat exchanger, the fourth port, the third port, the second heat exchanger, the fifth port and the sixth port are successively connected in series, and a fourth state in which the sixth port, the fourth port, the first heat exchanger, the second port and the first port are successively connected in series, and the sixth port, the fifth port, the second heat exchanger, the third port and the first port are successively connected in series.