diff --git a/doc/classes/VideoStreamPlayback.xml b/doc/classes/VideoStreamPlayback.xml
index 17e29ae337a..80f34ec5f90 100644
--- a/doc/classes/VideoStreamPlayback.xml
+++ b/doc/classes/VideoStreamPlayback.xml
@@ -33,6 +33,12 @@
 				Return the current playback timestamp. Called in response to the [member VideoStreamPlayer.stream_position] getter.
 			</description>
 		</method>
+		<method name="_get_playback_speed" qualifiers="virtual const">
+			<return type="float" />
+			<description>
+				Return the current playback speed.
+			</description>
+		</method>
 		<method name="_get_texture" qualifiers="virtual const">
 			<return type="Texture2D" />
 			<description>
@@ -78,6 +84,13 @@
 				Set the paused status of video playback. [method _is_paused] must return [param paused]. Called in response to the [member VideoStreamPlayer.paused] setter.
 			</description>
 		</method>
+		<method name="_set_playback_speed" qualifiers="virtual">
+			<return type="void" />
+			<param index="0" name="speed" type="float" />
+			<description>
+				Set playback speed.
+			</description>
+		</method>
 		<method name="_stop" qualifiers="virtual">
 			<return type="void" />
 			<description>
diff --git a/doc/classes/VideoStreamPlayer.xml b/doc/classes/VideoStreamPlayer.xml
index f903f171d10..3e152a8149b 100644
--- a/doc/classes/VideoStreamPlayer.xml
+++ b/doc/classes/VideoStreamPlayer.xml
@@ -81,6 +81,10 @@
 			The current position of the stream, in seconds.
 			[b]Note:[/b] Changing this value won't have any effect as seeking is not implemented yet, except in video formats implemented by a GDExtension add-on.
 		</member>
+		<member name="stream_speed" type="float" setter="set_stream_speed" getter="get_stream_speed">
+			The current speed of the stream. 1.0 means the normal speed.
+			[b]Note:[/b] Changing this value won't have any effect as there is no speed feature implemented yet, except in video formats implemented by a GDExtension add-on.
+		</member>
 		<member name="volume" type="float" setter="set_volume" getter="get_volume">
 			Audio volume as a linear value.
 		</member>
diff --git a/modules/theora/video_stream_theora.cpp b/modules/theora/video_stream_theora.cpp
index 02a1c7f8687..0b97e893aec 100644
--- a/modules/theora/video_stream_theora.cpp
+++ b/modules/theora/video_stream_theora.cpp
@@ -488,6 +488,15 @@ double VideoStreamPlaybackTheora::get_length() const {
 	return 0;
 }
 
+double VideoStreamPlaybackTheora::get_playback_speed() const {
+	WARN_PRINT_ONCE("Video speed option in Theora videos is not implemented yet (it's only supported for GDExtension-provided video streams).");
+	return 1;
+}
+
+void VideoStreamPlaybackTheora::set_playback_speed(double p_speed) {
+	WARN_PRINT_ONCE("Video speed option in Theora videos is not implemented yet (it's only supported for GDExtension-provided video streams).");
+}
+
 double VideoStreamPlaybackTheora::get_playback_position() const {
 	return get_time();
 }
diff --git a/modules/theora/video_stream_theora.h b/modules/theora/video_stream_theora.h
index 45b6746d40b..5d719d6fe07 100644
--- a/modules/theora/video_stream_theora.h
+++ b/modules/theora/video_stream_theora.h
@@ -111,6 +111,9 @@ public:
 
 	virtual double get_length() const override;
 
+	virtual double get_playback_speed() const override;
+	virtual void set_playback_speed(double p_speed) override;
+
 	virtual double get_playback_position() const override;
 	virtual void seek(double p_time) override;
 
diff --git a/scene/gui/video_stream_player.cpp b/scene/gui/video_stream_player.cpp
index fa965179a4d..14004b5a6e8 100644
--- a/scene/gui/video_stream_player.cpp
+++ b/scene/gui/video_stream_player.cpp
@@ -412,6 +412,19 @@ float VideoStreamPlayer::get_volume_db() const {
 	}
 }
 
+void VideoStreamPlayer::set_stream_speed(float p_speed) {
+	if (playback.is_valid()) {
+		playback->set_playback_speed(p_speed);
+	}
+}
+
+float VideoStreamPlayer::get_stream_speed() const {
+	if (playback.is_null()) {
+		return 1;
+	}
+	return playback->get_playback_speed();
+}
+
 String VideoStreamPlayer::get_stream_name() const {
 	if (stream.is_null()) {
 		return "<No Stream>";
@@ -507,6 +520,9 @@ void VideoStreamPlayer::_bind_methods() {
 	ClassDB::bind_method(D_METHOD("set_volume_db", "db"), &VideoStreamPlayer::set_volume_db);
 	ClassDB::bind_method(D_METHOD("get_volume_db"), &VideoStreamPlayer::get_volume_db);
 
+	ClassDB::bind_method(D_METHOD("set_stream_speed", "speed"), &VideoStreamPlayer::set_stream_speed);
+	ClassDB::bind_method(D_METHOD("get_stream_speed"), &VideoStreamPlayer::get_stream_speed);
+
 	ClassDB::bind_method(D_METHOD("set_audio_track", "track"), &VideoStreamPlayer::set_audio_track);
 	ClassDB::bind_method(D_METHOD("get_audio_track"), &VideoStreamPlayer::get_audio_track);
 
@@ -536,6 +552,7 @@ void VideoStreamPlayer::_bind_methods() {
 	ADD_PROPERTY(PropertyInfo(Variant::OBJECT, "stream", PROPERTY_HINT_RESOURCE_TYPE, "VideoStream"), "set_stream", "get_stream");
 	ADD_PROPERTY(PropertyInfo(Variant::FLOAT, "volume_db", PROPERTY_HINT_RANGE, "-80,24,0.01,suffix:dB"), "set_volume_db", "get_volume_db");
 	ADD_PROPERTY(PropertyInfo(Variant::FLOAT, "volume", PROPERTY_HINT_RANGE, "0,15,0.01,exp", PROPERTY_USAGE_NONE), "set_volume", "get_volume");
+	ADD_PROPERTY(PropertyInfo(Variant::FLOAT, "stream_speed", PROPERTY_HINT_RANGE, "0,1280000,0.1", PROPERTY_USAGE_NONE), "set_stream_speed", "get_stream_speed");
 	ADD_PROPERTY(PropertyInfo(Variant::BOOL, "autoplay"), "set_autoplay", "has_autoplay");
 	ADD_PROPERTY(PropertyInfo(Variant::BOOL, "paused"), "set_paused", "is_paused");
 	ADD_PROPERTY(PropertyInfo(Variant::BOOL, "expand"), "set_expand", "has_expand");
diff --git a/scene/gui/video_stream_player.h b/scene/gui/video_stream_player.h
index 2cbe6cac218..d4591eefe58 100644
--- a/scene/gui/video_stream_player.h
+++ b/scene/gui/video_stream_player.h
@@ -106,6 +106,9 @@ public:
 	void set_volume_db(float p_db);
 	float get_volume_db() const;
 
+	void set_stream_speed(float p_speed);
+	float get_stream_speed() const;
+
 	String get_stream_name() const;
 	double get_stream_length() const;
 	double get_stream_position() const;
diff --git a/scene/resources/video_stream.cpp b/scene/resources/video_stream.cpp
index 32e87c38f3e..70388017dc5 100644
--- a/scene/resources/video_stream.cpp
+++ b/scene/resources/video_stream.cpp
@@ -40,6 +40,8 @@ void VideoStreamPlayback::_bind_methods() {
 	GDVIRTUAL_BIND(_set_paused, "paused");
 	GDVIRTUAL_BIND(_is_paused);
 	GDVIRTUAL_BIND(_get_length);
+	GDVIRTUAL_BIND(_get_playback_speed);
+	GDVIRTUAL_BIND(_set_playback_speed, "speed");
 	GDVIRTUAL_BIND(_get_playback_position);
 	GDVIRTUAL_BIND(_seek, "time");
 	GDVIRTUAL_BIND(_set_audio_track, "idx");
@@ -91,6 +93,18 @@ double VideoStreamPlayback::get_length() const {
 	return 0;
 }
 
+double VideoStreamPlayback::get_playback_speed() const {
+	double ret;
+	if (GDVIRTUAL_CALL(_get_playback_speed, ret)) {
+		return ret;
+	}
+	return 1;
+}
+
+void VideoStreamPlayback::set_playback_speed(double p_speed) {
+	GDVIRTUAL_CALL(_set_playback_speed, p_speed);
+}
+
 double VideoStreamPlayback::get_playback_position() const {
 	double ret;
 	if (GDVIRTUAL_CALL(_get_playback_position, ret)) {
diff --git a/scene/resources/video_stream.h b/scene/resources/video_stream.h
index b3d0739e759..70c571d7536 100644
--- a/scene/resources/video_stream.h
+++ b/scene/resources/video_stream.h
@@ -51,6 +51,8 @@ protected:
 	GDVIRTUAL1(_set_paused, bool);
 	GDVIRTUAL0RC(bool, _is_paused);
 	GDVIRTUAL0RC(double, _get_length);
+	GDVIRTUAL0RC(double, _get_playback_speed);
+	GDVIRTUAL1(_set_playback_speed, double);
 	GDVIRTUAL0RC(double, _get_playback_position);
 	GDVIRTUAL1(_seek, double);
 	GDVIRTUAL1(_set_audio_track, int);
@@ -75,6 +77,9 @@ public:
 
 	virtual double get_length() const;
 
+	virtual double get_playback_speed() const;
+	virtual void set_playback_speed(double p_speed);
+
 	virtual double get_playback_position() const;
 	virtual void seek(double p_time);