diff --git a/docs/_sidebar.md b/docs/_sidebar.md
index 5f0fbe19..a1404fb0 100644
--- a/docs/_sidebar.md
+++ b/docs/_sidebar.md
@@ -33,6 +33,7 @@
   - [Range](/components/range.md)
   - [Rating](/components/rating.md)
   - [Select](/components/select.md)
+  - [Skeleton](/components/skeleton.md)
   - [Spinner](/components/spinner.md)
   - [Switch](/components/switch.md)
   - [Tab Group](/components/tab-group.md)
diff --git a/docs/components/skeleton.md b/docs/components/skeleton.md
new file mode 100644
index 00000000..73baf5e6
--- /dev/null
+++ b/docs/components/skeleton.md
@@ -0,0 +1,29 @@
+# Skeleton
+
+[component-header:sl-skeleton]
+
+Skeletons are used to show where content will eventually be drawn.
+
+```html preview
+<div class="skeleton-overview">
+  <sl-skeleton loading></sl-skeleton>
+  <sl-skeleton loading></sl-skeleton>
+  <sl-skeleton loading></sl-skeleton>
+</div>
+
+<style>
+  .skeleton-overview sl-skeleton {
+    margin-bottom: 1rem;
+  }
+
+  .skeleton-overview sl-skeleton:nth-child(2) {
+    width: 95%;
+  }
+
+  .skeleton-overview sl-skeleton:last-child {
+    width: 60%;
+  }
+</style>
+```
+
+[component-metadata:sl-skeleton]
diff --git a/src/components.d.ts b/src/components.d.ts
index c36be66d..d15b5ea0 100644
--- a/src/components.d.ts
+++ b/src/components.d.ts
@@ -667,6 +667,12 @@ export namespace Components {
          */
         "value": string | Array<string>;
     }
+    interface SlSkeleton {
+        /**
+          * When enabled, the skeleton will be animated to indicate that content is loading.
+         */
+        "loading": boolean;
+    }
     interface SlSpinner {
     }
     interface SlSwitch {
@@ -1050,6 +1056,12 @@ declare global {
         prototype: HTMLSlSelectElement;
         new (): HTMLSlSelectElement;
     };
+    interface HTMLSlSkeletonElement extends Components.SlSkeleton, HTMLStencilElement {
+    }
+    var HTMLSlSkeletonElement: {
+        prototype: HTMLSlSkeletonElement;
+        new (): HTMLSlSkeletonElement;
+    };
     interface HTMLSlSpinnerElement extends Components.SlSpinner, HTMLStencilElement {
     }
     var HTMLSlSpinnerElement: {
@@ -1124,6 +1136,7 @@ declare global {
         "sl-range": HTMLSlRangeElement;
         "sl-rating": HTMLSlRatingElement;
         "sl-select": HTMLSlSelectElement;
+        "sl-skeleton": HTMLSlSkeletonElement;
         "sl-spinner": HTMLSlSpinnerElement;
         "sl-switch": HTMLSlSwitchElement;
         "sl-tab": HTMLSlTabElement;
@@ -1880,6 +1893,12 @@ declare namespace LocalJSX {
          */
         "value"?: string | Array<string>;
     }
+    interface SlSkeleton {
+        /**
+          * When enabled, the skeleton will be animated to indicate that content is loading.
+         */
+        "loading"?: boolean;
+    }
     interface SlSpinner {
     }
     interface SlSwitch {
@@ -2145,6 +2164,7 @@ declare namespace LocalJSX {
         "sl-range": SlRange;
         "sl-rating": SlRating;
         "sl-select": SlSelect;
+        "sl-skeleton": SlSkeleton;
         "sl-spinner": SlSpinner;
         "sl-switch": SlSwitch;
         "sl-tab": SlTab;
@@ -2184,6 +2204,7 @@ declare module "@stencil/core" {
             "sl-range": LocalJSX.SlRange & JSXBase.HTMLAttributes<HTMLSlRangeElement>;
             "sl-rating": LocalJSX.SlRating & JSXBase.HTMLAttributes<HTMLSlRatingElement>;
             "sl-select": LocalJSX.SlSelect & JSXBase.HTMLAttributes<HTMLSlSelectElement>;
+            "sl-skeleton": LocalJSX.SlSkeleton & JSXBase.HTMLAttributes<HTMLSlSkeletonElement>;
             "sl-spinner": LocalJSX.SlSpinner & JSXBase.HTMLAttributes<HTMLSlSpinnerElement>;
             "sl-switch": LocalJSX.SlSwitch & JSXBase.HTMLAttributes<HTMLSlSwitchElement>;
             "sl-tab": LocalJSX.SlTab & JSXBase.HTMLAttributes<HTMLSlTabElement>;
diff --git a/src/components/skeleton/skeleton.scss b/src/components/skeleton/skeleton.scss
new file mode 100644
index 00000000..e5a09557
--- /dev/null
+++ b/src/components/skeleton/skeleton.scss
@@ -0,0 +1,34 @@
+@import 'component';
+
+/**
+ * @prop --color: The color of the skeleton.
+ * @prop --sheen-color: The sheen color when the skeleton is in its loading state.
+ */
+:host {
+  --color: var(--sl-color-gray-90);
+  --sheen-color: var(--sl-color-gray-95);
+
+  display: flex;
+  height: 1em;
+}
+
+.skeleton {
+  flex: 1 1 auto;
+  background: var(--color);
+  border-radius: var(--sl-border-radius-pill);
+}
+
+.skeleton--loading {
+  background: linear-gradient(90deg, var(--sheen-color) 20%, var(--color) 40%, var(--sheen-color) 60%);
+  background-size: 400% 100%;
+  animation: loading 1.5s ease infinite;
+}
+
+@keyframes loading {
+  0% {
+    background-position: 100% 50%;
+  }
+  100% {
+    background-position: 0 50%;
+  }
+}
diff --git a/src/components/skeleton/skeleton.tsx b/src/components/skeleton/skeleton.tsx
new file mode 100644
index 00000000..feaf0b1f
--- /dev/null
+++ b/src/components/skeleton/skeleton.tsx
@@ -0,0 +1,32 @@
+import { Component, Prop, h } from '@stencil/core';
+
+/**
+ * @since 2.0
+ * @status stable
+ *
+ * @part base - The component's base wrapper.
+ */
+
+@Component({
+  tag: 'sl-skeleton',
+  styleUrl: 'skeleton.scss',
+  shadow: true
+})
+export class Skeleton {
+  /** When enabled, the skeleton will be animated to indicate that content is loading. */
+  @Prop() loading = false;
+
+  render() {
+    return (
+      <div
+        part="base"
+        class={{
+          skeleton: true,
+          'skeleton--loading': this.loading
+        }}
+        aria-busy={this.loading}
+        aria-live="polite"
+      />
+    );
+  }
+}