Quantum chemistry is widely used to the mechanistic studies of organic and organometallic reactions. In this Review, we described the various mechanisms of palladium‐catalyzed C–H bond activation reactions, including oxidative addition, σ‐bond metathesis, 1,2‐addition, electrophilic aromatic substitution, concerted metalation‐deprotonation (CMD), and Heck‐type mechanism. The different CMD models with acetate as the base, with amidate as the base, and with the bimetallic complex are also highlighted.