diff --git a/changelog/dmd.ftime-trace-inline.dd b/changelog/dmd.ftime-trace-inline.dd
new file mode 100644
index 000000000000..bc3d15cb9df1
--- /dev/null
+++ b/changelog/dmd.ftime-trace-inline.dd
@@ -0,0 +1,9 @@
+`-ftime-trace`: add instrumentation for the inliner pass
+
+The `-ftime-trace` output previously had no coverage for the inliner pass.
+When compiling with `-inline`, the time spent scanning and inlining functions
+did not appear in the trace at all.
+
+Two new spans are now emitted: `Inlining` covers the entire inliner pass, and
+`Inline: <function>` covers each function scanned individually.
+These are visible in trace viewers like $(LINK2 https://ui.perfetto.dev/, Perfetto).
diff --git a/compiler/src/dmd/inline.d b/compiler/src/dmd/inline.d
index dc74a2c6ba6b..311da43463a4 100644
--- a/compiler/src/dmd/inline.d
+++ b/compiler/src/dmd/inline.d
@@ -1823,6 +1823,10 @@ public:
         fd.inlineScanned = true;
         fd.semanticRun = pass;
 
+        import dmd.timetrace;
+        timeTraceBeginEvent(TimeTraceEventType.inlineFunction);
+        scope (exit) timeTraceEndEvent(TimeTraceEventType.inlineFunction, fd);
+
         scope InlineScanVisitor v = new InlineScanVisitor(fd, pass, eSink);
 
         do
diff --git a/compiler/src/dmd/main.d b/compiler/src/dmd/main.d
index dbbde2889b6c..5b37bd3cd68b 100644
--- a/compiler/src/dmd/main.d
+++ b/compiler/src/dmd/main.d
@@ -665,6 +665,10 @@ private int tryMain(const(char)[][] argv, out Param params)
     if (global.errors)
         removeHdrFilesAndFail(params, modules);
 
+    {
+    timeTraceBeginEvent(TimeTraceEventType.inlineGeneral);
+    scope (exit) timeTraceEndEvent(TimeTraceEventType.inlineGeneral);
+
     // Scan for modules with always inline functions
     foreach (m; modules)
     {
@@ -686,6 +690,7 @@ private int tryMain(const(char)[][] argv, out Param params)
             inlineScanAllFunctions(m, global.errorSink);
         }
     }
+    }
 
     if (global.warnings)
         errorOnWarning();
diff --git a/compiler/src/dmd/timetrace.d b/compiler/src/dmd/timetrace.d
index 806e78d5bc61..ac52c61e6186 100644
--- a/compiler/src/dmd/timetrace.d
+++ b/compiler/src/dmd/timetrace.d
@@ -184,6 +184,8 @@ enum TimeTraceEventType
     sema1Function,
     sema2,
     sema3,
+    inlineGeneral,   /// top-level span for the entire inliner pass
+    inlineFunction,  /// per-function span during inlining
     dfa,
     ctfe,
     ctfeCall,
@@ -211,6 +213,8 @@ private immutable string[] eventPrefixes = [
     "Sema1: Function ",
     "Sema2: ",
     "Sema3: ",
+    "Inlining",
+    "Inline: ",
     "DFA: ",
     "Ctfe: ",
     "Ctfe: call ",
diff --git a/compiler/test/compilable/ftimetrace.d b/compiler/test/compilable/ftimetrace.d
index 23b7d6a11c68..0480daf60cee 100644
--- a/compiler/test/compilable/ftimetrace.d
+++ b/compiler/test/compilable/ftimetrace.d
@@ -16,6 +16,7 @@ DFA: fun, object.fun
 DFA: id, object.id!int.id
 DFA: uses, object.uses
 Import object.object, object.object
+Inlining,
 Parse: Module object, object
 Parsing,
 Sema1: Function add, object.add
diff --git a/compiler/test/compilable/ftimetrace_inline.d b/compiler/test/compilable/ftimetrace_inline.d
new file mode 100644
index 000000000000..d6082794a07a
--- /dev/null
+++ b/compiler/test/compilable/ftimetrace_inline.d
@@ -0,0 +1,37 @@
+/**
+REQUIRED_ARGS: -ftime-trace -ftime-trace-file=- -ftime-trace-granularity=0 -inline
+TRANSFORM_OUTPUT: sanitize_timetrace
+TEST_OUTPUT:
+---
+Code generation,
+Codegen: function add, object.add
+Codegen: function uses, object.uses
+Codegen: module object, object
+Import object.object, object.object
+Inline: add, object.add
+Inline: uses, object.uses
+Inlining,
+Parse: Module object, object
+Parsing,
+Sema1: Function add, object.add
+Sema1: Function uses, object.uses
+Sema1: Module object, object
+Sema2: add, object.add
+Sema2: uses, object.uses
+Sema3: add, object.add
+Sema3: uses, object.uses
+Semantic analysis,
+---
+*/
+
+module object; // Don't clutter time trace output with object.d
+
+int add(int x, int y)
+{
+    return x + y;
+}
+
+void uses()
+{
+    int a = add(1, 2);
+}
diff --git a/compiler/test/compilable/ftimetrace_pragma.d b/compiler/test/compilable/ftimetrace_pragma.d
new file mode 100644
index 000000000000..6d690e420617
--- /dev/null
+++ b/compiler/test/compilable/ftimetrace_pragma.d
@@ -0,0 +1,43 @@
+/**
+REQUIRED_ARGS: -ftime-trace -ftime-trace-file=- -ftime-trace-granularity=0
+TRANSFORM_OUTPUT: sanitize_timetrace
+TEST_OUTPUT:
+---
+Code generation,
+Codegen: function cube, object.cube
+Codegen: function square, object.square
+Codegen: function uses, object.uses
+Codegen: module object, object
+Import object.object, object.object
+Inline: cube, object.cube
+Inline: uses, object.uses
+Inlining,
+Parse: Module object, object
+Parsing,
+Sema1: Function cube, object.cube
+Sema1: Function square, object.square
+Sema1: Function uses, object.uses
+Sema1: Module object, object
+Sema2: cube, object.cube
+Sema2: square, object.square
+Sema2: uses, object.uses
+Sema3: cube, object.cube
+Sema3: square, object.square
+Sema3: uses, object.uses
+Semantic analysis,
+---
+*/
+
+module object; // Don't clutter time trace output with object.d
+
+pragma(inline, true)
+int square(int x) { return x * x; }
+
+pragma(inline, true)
+int cube(int x) { return x * square(x); }
+
+void uses()
+{
+    int a = cube(3);
+    int b = square(4);
+}