A display device and a driving method thereof are provided. The display device comprises a plurality of pixels, each pixel includes: a light emitting element; a storage capacitor; a driving transistor that has a control terminal, an input terminal, and an output terminal and supplies a current to the light emitting element to emit light; a first switching transistor for supplying a data voltage to the storage capacitor in response to a scanning signal; a second switching transistor for diode-connecting the driving transistor in response to a previous scanning signal; and a third switching transistor for supplying a driving voltage to the driving transistor in response to an emission signal, wherein the storage capacitor stores a control voltage depending on a threshold voltage of the driving transistor and a threshold voltage of the light emitting element through the diode-connected driving transistor, and transmits the control voltage and the data voltage to the control terminal of the driving transistor.