Most anti-cancer agents and radiotherapy exert their therapeutic effects via the production of free radicals. Ferroptosis is a recently described cell death process that is accompanied by iron-dependent lipid peroxidation. Hydrogen peroxide (H
2
O
2
) has been reported to induce cell death. However, it remains controversial whether H
2
O
2
-induced cell death is ferroptosis. In the present study, we aimed to elucidate the involvement of mitochondria in H
2
O
2
-induced ferroptosis and examined the molecules that regulate ferroptosis. We found that one mechanism underlying H
2
O
2
-induced cell death is ferroptosis, which occurs soon after H
2
O
2
treatment (within 3 h after H
2
O
2
treatment). We also investigated the involvement of mitochondria in H
2
O
2
-induced ferroptosis using mitochondrial DNA-depleted ρ
0
cells because ρ
0
cells produce more lipid peroxidation, hydroxyl radicals (
•
OH), and are more sensitive to H
2
O
2
treatment. We found that ρ
0
cells contain high Fe
2+
levels that lead to
•
OH production by H
2
O
2
. Further, we observed that aquaporin (AQP) 3, 5, and 8 bind nicotinamide-adenine dinucleotide phosphate oxidase 2 and regulate the permeability of extracellular H
2
O
2
, thereby contributing to ferroptosis. Additionally, the role of mitochondria in ferroptosis was investigated using mitochondrial transfer in ρ
0
cells. When mitochondria were transferred into ρ
0
cells, the cells exhibited no sensitivity to H
2
O
2
-induced cytotoxicity because of decreased Fe
2+
levels. Moreover, mitochondrial transfer upregulated the mitochondrial quality control protein prohibitin 2 (PHB2), which contributes to reduced AQP expression. Our findings also revealed the involvement of AQP and PHB2 in ferroptosis. Our results indicate that H
2
O
2
treatment enhances AQP expression, Fe
2+
level, and lipid peroxidation, and decrease mitochondrial function by downregulating PHB2, and thus, is a promising modality for effective cancer treatment.