High-efficiency envelope tracking (ET) methods and apparatus for dynamically controlling power supplied to radio frequency power amplifiers (RFPAs). An exemplary ET circuit includes a switch-mode converter coupled in parallel with a split-path linear regulator. The switch-mode converter is configured to generally track an input envelope signal Venv and supply the current needs of a load (e.g., an RFPA). The split-path linear regulator compensates for inaccurate envelope tracking by sourcing or sinking current to the load via a main current path. A current sense path connected in parallel with the main current path includes a current sense resistor used by a hysteresis comparator to control the switching of the switch-mode converter. The split-path linear regulator is configured so that current flowing in the current sense path is a lower, scaled version of the current flowing in the main current path.