A link group configuration method includes obtaining first status information of M links between a source end device and a receive end device, where the first status information indicates a status of a differential delay between any two of the M links, obtaining first capability information of the receive end device, where the first capability information indicates a first capability of performing differential delay compensation on the M links by the receive end device, grouping N of the M links into a first link group based on the first status information and the first capability information, and sending first configuration information to a second device, where the first configuration information includes information used to indicate the first link group.