diff --git a/config/assets.php b/config/assets.php
index ba2d99ed566..dddedd21257 100644
--- a/config/assets.php
+++ b/config/assets.php
@@ -130,6 +130,18 @@
         'max_height' => 10000,
     ],
 
+    /*
+    |--------------------------------------------------------------------------
+    | Control Panel Video Thumbnails
+    |--------------------------------------------------------------------------
+    |
+    | When enabled, Statamic will generate thumbnails for videos.
+    | Generated thumbnails are displayed in the Control Panel.
+    |
+    */
+
+    'video_thumbnails' => true,
+
     /*
     |--------------------------------------------------------------------------
     | File Previews with Google Docs
@@ -208,4 +220,19 @@
 
     'svg_sanitization_on_upload' => true,
 
+    /*
+    |--------------------------------------------------------------------------
+    | FFmpeg
+    |--------------------------------------------------------------------------
+    |
+    | Statamic uses FFmpeg to extract thumbnails from videos to be shown in the
+    | Control Panel. You may adjust the binary location and cache path here.
+    |
+    */
+
+    'ffmpeg' => [
+        'binary' => null,
+        'cache_path' => storage_path('statamic/glide/ffmpeg'),
+    ],
+
 ];
diff --git a/resources/js/components/assets/Browser/Grid.vue b/resources/js/components/assets/Browser/Grid.vue
index 58401652d03..0a6baa7b96c 100644
--- a/resources/js/components/assets/Browser/Grid.vue
+++ b/resources/js/components/assets/Browser/Grid.vue
@@ -113,7 +113,7 @@
                                     <div class="relative flex aspect-square size-full items-center justify-center">
                                         <div class="asset-thumb">
                                             <img
-                                                v-if="asset.is_image"
+                                                v-if="asset.thumbnail"
                                                 :src="asset.thumbnail"
                                                 loading="lazy"
                                                 :draggable="false"
diff --git a/resources/js/components/assets/Browser/Thumbnail.vue b/resources/js/components/assets/Browser/Thumbnail.vue
index 2c561219ba7..50c49093e1b 100644
--- a/resources/js/components/assets/Browser/Thumbnail.vue
+++ b/resources/js/components/assets/Browser/Thumbnail.vue
@@ -1,7 +1,7 @@
 <template>
     <div class="">
         <img
-            v-if="asset.is_image"
+            v-if="asset.thumbnail"
             :src="asset.thumbnail"
             class="asset-thumbnail mx-auto max-h-8 max-w-full rounded-sm"
             loading="lazy"
diff --git a/src/Console/Processes/Composer.php b/src/Console/Processes/Composer.php
index 5a275385e62..c0bea6e4be6 100644
--- a/src/Console/Processes/Composer.php
+++ b/src/Console/Processes/Composer.php
@@ -323,7 +323,7 @@ private function prepareProcessArguments($parts)
      */
     private function composerBinary(): string
     {
-        $isWindows = DIRECTORY_SEPARATOR === '\\';
+        $isWindows = $this->isWindows();
 
         $output = $this->run($isWindows ? 'where composer' : 'which composer');
 
diff --git a/src/Console/Processes/Ffmpeg.php b/src/Console/Processes/Ffmpeg.php
new file mode 100644
index 00000000000..ace1a142733
--- /dev/null
+++ b/src/Console/Processes/Ffmpeg.php
@@ -0,0 +1,70 @@
+<?php
+
+namespace Statamic\Console\Processes;
+
+use Statamic\View\Antlers\Language\Utilities\StringUtilities;
+
+class Ffmpeg extends Process
+{
+    protected string $startTimestamp = '00:00:00';
+
+    public function startTimestamp(string $startTimestamp): self
+    {
+        $this->startTimestamp = $startTimestamp;
+
+        return $this;
+    }
+
+    public function extractThumbnail(string $path, string $outputFilePath): ?string
+    {
+        $ffmpegBinary = $this->ffmpegBinary();
+
+        if (! $ffmpegBinary) {
+            return null;
+        }
+
+        $this->run($this->buildCommand($ffmpegBinary, $path, $outputFilePath));
+
+        if (! file_exists($outputFilePath)) {
+            return null;
+        }
+
+        return $outputFilePath;
+    }
+
+    private function buildCommand(string $ffmpegBinary, string $path, string $output): string
+    {
+        return collect([
+            escapeshellarg($ffmpegBinary),
+            '-y',
+            '-ss',
+            escapeshellarg($this->startTimestamp),
+            '-i',
+            escapeshellarg($path),
+            '-vframes 1',
+            escapeshellarg($output),
+        ])->join(' ');
+    }
+
+    public function ffmpegBinary(): ?string
+    {
+        if ($binary = config('statamic.assets.ffmpeg.binary')) {
+            return $binary;
+        }
+
+        $output = $this->run($this->isWindows() ? 'where ffmpeg' : 'which ffmpeg');
+
+        // Laravel Herd doesn't inherit the user's PATH, so we need to check the Homebrew path manually
+        if ($this->isMac() && ! $output) {
+            $output = $this->run('command -v /opt/homebrew/bin/ffmpeg');
+        }
+
+        if (str($output)->lower()->contains('could not find files for the given')) {
+            return null;
+        }
+
+        return str(StringUtilities::normalizeLineEndings(trim($output)))
+            ->explode("\n")
+            ->first();
+    }
+}
diff --git a/src/Console/Processes/Process.php b/src/Console/Processes/Process.php
index 5e1c014c694..dd302629734 100644
--- a/src/Console/Processes/Process.php
+++ b/src/Console/Processes/Process.php
@@ -454,4 +454,14 @@ public function fromParent()
 
         return $that;
     }
+
+    protected function isWindows()
+    {
+        return PHP_OS_FAMILY === 'Windows';
+    }
+
+    protected function isMac()
+    {
+        return PHP_OS_FAMILY === 'Darwin';
+    }
 }
diff --git a/src/Http/Resources/CP/Assets/FolderAsset.php b/src/Http/Resources/CP/Assets/FolderAsset.php
index d00d09f5913..142b7b264d7 100644
--- a/src/Http/Resources/CP/Assets/FolderAsset.php
+++ b/src/Http/Resources/CP/Assets/FolderAsset.php
@@ -3,11 +3,15 @@
 namespace Statamic\Http\Resources\CP\Assets;
 
 use Illuminate\Http\Resources\Json\JsonResource;
+use Illuminate\Support\Fluent;
 use Statamic\Facades\Action;
 use Statamic\Support\Str;
+use Statamic\Support\Traits\Hookable;
 
 class FolderAsset extends JsonResource
 {
+    use Hookable;
+
     protected $blueprint;
     protected $columns;
 
@@ -35,22 +39,14 @@ public function toArray($request)
             'size_formatted' => Str::fileSizeForHumans($this->size(), 0),
             'last_modified_relative' => $this->lastModified()->diffForHumans(),
 
-            $this->mergeWhen($this->isImage() || $this->isSvg(), function () {
-                return [
-                    'is_image' => true,
-                    'thumbnail' => $this->thumbnailUrl('small'),
-                    'can_be_transparent' => $this->isSvg() || $this->extensionIsOneOf(['svg', 'png', 'webp', 'avif']),
-                    'alt' => $this->alt,
-                    'orientation' => $this->orientation(),
-                ];
-            }),
-
             $this->merge($this->values()),
 
             'actions' => Action::for($this->resource, [
                 'container' => $this->container()->handle(),
                 'folder' => $this->folder(),
             ]),
+
+            $this->merge($this->thumbnails()),
         ];
     }
 
@@ -74,4 +70,42 @@ protected function values($extra = [])
             return [$key => $value];
         });
     }
+
+    private function thumbnails(): array
+    {
+        $data = match (true) {
+            $this->isImage() || $this->isSvg() => $this->getImageThumbnail(),
+            $this->isVideo() && config('statamic.assets.video_thumbnails', true) => $this->getVideoThumbnail(),
+            default => ['thumbnail' => null],
+        };
+
+        return array_merge($data, $this->runAssetHook() ?? []);
+    }
+
+    private function getImageThumbnail(): array
+    {
+        return [
+            'is_image' => true,
+            'thumbnail' => $this->thumbnailUrl('small'),
+            'can_be_transparent' => $this->isSvg() || $this->extensionIsOneOf(['svg', 'png', 'webp', 'avif']),
+            'alt' => $this->alt,
+            'orientation' => $this->orientation(),
+        ];
+    }
+
+    private function getVideoThumbnail(): array
+    {
+        return [
+            'thumbnail' => $this->thumbnailUrl('small'),
+        ];
+    }
+
+    private function runAssetHook(): array
+    {
+        $payload = $this->runHooksWith('asset', [
+            'data' => new Fluent,
+        ]);
+
+        return $payload->data->toArray();
+    }
 }
diff --git a/src/Imaging/ImageGenerator.php b/src/Imaging/ImageGenerator.php
index 49273a9e72a..c7df83e6b5f 100644
--- a/src/Imaging/ImageGenerator.php
+++ b/src/Imaging/ImageGenerator.php
@@ -87,12 +87,12 @@ public function generateByPath($path, array $params)
         );
     }
 
-    private function doGenerateByPath($path, array $params)
+    private function doGenerateByPath($path, array $params, $sourceFilesystemRoot = null)
     {
         $this->path = $path;
         $this->setParams($params);
 
-        $this->server->setSource($this->pathSourceFilesystem());
+        $this->server->setSource($this->pathSourceFilesystem($sourceFilesystemRoot));
         $this->server->setSourcePathPrefix('/');
         $this->server->setCachePathPrefix('paths');
 
@@ -128,6 +128,24 @@ private function doGenerateByUrl($url, array $params)
         return $this->generate($parsed['path'].($qs ? '?'.$qs : ''));
     }
 
+    /**
+     * @param  \Statamic\Contracts\Assets\Asset  $asset
+     */
+    public function generateVideoThumbnail($asset, array $params)
+    {
+        if ($path = app(ThumbnailExtractor::class)->generateThumbnail($asset)) {
+            $this->skip_validation = true;
+
+            return $this->doGenerateByPath(
+                basename($path),
+                $params,
+                config('statamic.assets.ffmpeg.cache_path'),
+            );
+        }
+
+        return '';
+    }
+
     /**
      * Generate a manipulated image by an asset.
      *
@@ -136,6 +154,10 @@ private function doGenerateByUrl($url, array $params)
      */
     public function generateByAsset($asset, array $params)
     {
+        if (ThumbnailExtractor::enabled() && $asset->isVideo()) {
+            return $this->generateVideoThumbnail($asset, $params);
+        }
+
         $manipulationCacheKey = 'asset::'.$asset->id().'::'.md5(json_encode($params));
         $manifestCacheKey = static::assetCacheManifestKey($asset);
 
@@ -310,9 +332,11 @@ private function validateImage()
         }
     }
 
-    private function pathSourceFilesystem()
+    private function pathSourceFilesystem($root = null)
     {
-        return Storage::build(['driver' => 'local', 'root' => public_path()])->getDriver();
+        $root ??= public_path();
+
+        return Storage::build(['driver' => 'local', 'root' => $root])->getDriver();
     }
 
     private function guzzleSourceFilesystem($base)
diff --git a/src/Imaging/ThumbnailExtractor.php b/src/Imaging/ThumbnailExtractor.php
new file mode 100644
index 00000000000..06cf028bb2d
--- /dev/null
+++ b/src/Imaging/ThumbnailExtractor.php
@@ -0,0 +1,78 @@
+<?php
+
+namespace Statamic\Imaging;
+
+use Statamic\Console\Processes\Ffmpeg;
+use Statamic\Contracts\Assets\Asset;
+use Statamic\Facades\Path;
+
+class ThumbnailExtractor
+{
+    public function __construct(private Ffmpeg $ffmpeg)
+    {
+    }
+
+    public static function enabled()
+    {
+        return config(
+            'statamic.assets.video_thumbnails',
+            true
+        );
+    }
+
+    public static function cachePath()
+    {
+        return config(
+            'statamic.assets.ffmpeg.cache_path',
+            storage_path('statamic/glide/ffmpeg')
+        );
+    }
+
+    public static function getCachePath(Asset $asset)
+    {
+        $fileName = 'thumb_'.md5($asset->id()).'.jpg';
+        $cacheDirectory = static::cachePath();
+        $finalPath = Path::tidy($cacheDirectory.'/'.$fileName);
+
+        if (! file_exists($cacheDirectory)) {
+            mkdir($cacheDirectory, 0755, true);
+        }
+
+        return $finalPath;
+    }
+
+    public static function canGenerateThumbnail(Asset $asset)
+    {
+        $resolvedPath = $asset->resolvedPath();
+
+        if (file_exists($resolvedPath)) {
+            return true;
+        }
+
+        return $asset->container()->accessible();
+    }
+
+    public function generateThumbnail(Asset $asset)
+    {
+        if (! static::canGenerateThumbnail($asset)) {
+            return '';
+        }
+
+        $cachePath = static::getCachePath($asset);
+
+        if (file_exists($cachePath)) {
+            return $cachePath;
+        }
+
+        $ffmpegInput = match (true) {
+            file_exists($asset->resolvedPath()) => $asset->resolvedPath(),
+            $asset->container()->accessible() => $asset->absoluteUrl(),
+            default => null,
+        };
+
+        return $this->ffmpeg->extractThumbnail(
+            $ffmpegInput,
+            static::getCachePath($asset)
+        );
+    }
+}