The invention provides a series-parallel combination structure envelope tracking power supply, which includes a level supply unit, a level switching unit, a class A linear amplifier, a chopper circuit and a control circuit, and the level supply unit provides multiple channels for the level switching unit. Independent level, the output of the level switching unit is connected to the input of the class A linear amplifier, and the output of the class A linear amplifier supplies power to the load; the output of the chopper circuit supplies power to the load at the same time through an inductor, and the input of the control circuit is connected to the class A linear amplifier The input and output of the voltage regulator are respectively connected to the level switching unit and the chopper circuit. There are two ways to implement the control circuit, 1 is composed of a current sampling circuit, a minimum value detection unit and two control signal generation units, so that the chopper circuit can provide the lowest amplitude current in the load current; 2 is composed of two control signal generation units , so that the chopper circuit provides part of the triangular wave current in the load current.