A switching power supply circuit in which a series circuit comprising a resistive element and a capacitive element is provided in a parallel configuration with an inductor which supplies a load current to a load circuit, a voltage comparator having first and second threshold voltages discriminates a voltage obtained from a mutual connecting point of the series circuit therefrom and controls a switch element for supplying a current to the inductor, thereby varying the current supplied to the inductor in accordance with a variation in the load current is combined with a series power supply circuit which shares the load current of the load circuit.