In this paper, the springback behavior of high strength aluminum alloy 7075 is studied by experiments and finite element (FE) simulation. Firstly, an analytical model is established to predict the springback angles and analyze the springback trend. The springback experimental tests are conducted by using the V-shaped stamping dies. The influence of deformation temperature, punch radius and blank holder force on the springback angles are studied. Finally, An FE simulation model is performed to investigate the deformation characteristics and springback process of the aluminum alloy sheet. The results show that the change of springback angles is direct proportional to the punch radius. The springback angles increase with the decreasing deformation temperature and the increasing blank holder force. The stress relaxation that occurs during the die holding stage is the primary reason of reducing the springback compared with cold stamping. Low blank holder force will cause side wall curl, which results in the deviation of forming size. The FE simulation model considering stress relaxation is capable of precisely predicting the change of springback angles, and the simulation results exhibit good consistency with the experimental results.