In a refrigeration cycle apparatus, a compressor, a condenser, a first flow control valve, a refrigerant storage container, a second flow control valve, and a first evaporator are connected in this order, and a third flow control valve, an ejector, a second evaporator, and the compressor are connected in this order so as to branch from an outlet of the condenser. A driving refrigerant inlet of the ejector is connected to the third flow control valve, a suction refrigerant inlet of the ejector is connected to an outlet of the first evaporator, and a mixed refrigerant outlet of the ejector is connected to a refrigerant inlet of the second evaporator. The refrigeration cycle apparatus has a bypass circuit which branches from a refrigerant pipe connecting the condenser and the second flow control valve and is connected to the mixed refrigerant outlet of the ejector via a fourth flow control valve.