A hybrid vehicle includes an engine, a first motor, a planetary gear mechanism, a second motor, a battery, and an electronic control unit. The electronic control unit is configured to: set a shift stage based on a depression amount of an accelerator and a vehicle speed or a driver's operation; set a base driving force based on the degree of the depression amount of the accelerator, the vehicle speed, and a target rotation speed; set a correction driving force such that the correction driving force increases with an increase in elapsed time after upshifting or an increase in the vehicle speed after upshifting when the shift stage upshifts; and control the engine, the first motor, and the second motor such that a driving force obtained by correcting the base driving force using the correction driving force is output to the drive shaft.