A refrigeration cycle apparatus comprising: a compressor; a plurality of fans (95a-95d) for heat source-side heat exchangers (HA, HB, HC, HD); a plurality of the heat source-side heat exchangers (HA, HB, HC, HD) which exchange heat with air; an expansion valve; a use-side heat exchanger which exchanges heat with a use-side heat conveying medium; a refrigerant pipe which sequentially connects the compressor, the heat source-side heat exchangers (HA, HB, HC, HD), the expansion valve, and the use-side heat exchanger and circulates refrigerant; and a controller, characterized in that: the heat source-side heat exchangers (HA, HB, HC, HD) are each provided with a corresponding fan (95a-95d), the heat source-side heat exchangers (HA, HB, HC, HD) are each divided along the direction of height into multiple heat source-side heat exchangers (HA1-HA3, HB1-HB3, HC1-HC3, HD1-HD3), said divided multiple heat source-side heat exchangers (HA1-HA3, HB1-HB3, HC1-HC3, HD1-HD3) are grouped from a position close to the fans (95a-95d) into heat exchanger groups (401, 402, 403) grouped in the direction of the height, and the controller is configured to control the quantity of refrigerant flowing into each of the heat exchanger groups (401, 402, 403) in accordance with a required cooling capacity of the refrigeration cycle apparatus. a compressor; a plurality of fans (95a-95d) for heat source-side heat exchangers (HA, HB, HC, HD); a plurality of the heat source-side heat exchangers (HA, HB, HC, HD) which exchange heat with air; an expansion valve; a use-side heat exchanger which exchanges heat with a use-side heat conveying medium; a refrigerant pipe which sequentially connects the compressor, the heat source-side heat exchangers (HA, HB, HC, HD), the expansion valve, and the use-side heat exchanger and circulates refrigerant; and a controller, characterized in that: the heat source-side heat exchangers (HA, HB, HC, HD) are each provided with a corresponding fan (95a-95d), the heat source-side heat exchangers (HA, HB, HC, HD) are each divided along the direction of height into multiple heat source-side heat exchangers (HA1-HA3, HB1-HB3, HC1-HC3, HD1-HD3), said divided multiple heat source-side heat exchangers (HA1-HA3, HB1-HB3, HC1-HC3, HD1-HD3) are grouped from a position close to the fans (95a-95d) into heat exchanger groups (401, 402, 403) grouped in the direction of the height, and the controller is configured to control the quantity of refrigerant flowing into each of the heat exchanger groups (401, 402, 403) in accordance with a required cooling capacity of the refrigeration cycle apparatus. the heat source-side heat exchangers (HA, HB, HC, HD) are each provided with a corresponding fan (95a-95d), the heat source-side heat exchangers (HA, HB, HC, HD) are each divided along the direction of height into multiple heat source-side heat exchangers (HA1-HA3, HB1-HB3, HC1-HC3, HD1-HD3), said divided multiple heat source-side heat exchangers (HA1-HA3, HB1-HB3, HC1-HC3, HD1-HD3) are grouped from a position close to the fans (95a-95d) into heat exchanger groups (401, 402, 403) grouped in the direction of the height, and the controller is configured to control the quantity of refrigerant flowing into each of the heat exchanger groups (401, 402, 403) in accordance with a required cooling capacity of the refrigeration cycle apparatus.