diff --git a/doc/api/assert.md b/doc/api/assert.md
index 4958e6dd7df474..34c0e47ecf0b52 100644
--- a/doc/api/assert.md
+++ b/doc/api/assert.md
@@ -2006,6 +2006,32 @@ argument, then `error` is assumed to be omitted and the string will be used for
 example in [`assert.throws()`][] carefully if using a string as the second
 argument gets considered.
 
+## `assert.snapshot(value, name)`
+
+<!-- YAML
+added: REPLACEME
+-->
+
+> Stability: 1 - Experimental
+
+* `value` {any} the value to snapshot
+* `name` {string} the name of snapshot.
+* Returns: {Promise}
+
+reads a snapshot from a file, and compares `value` to the snapshot.
+`value` is serialized with [`util.inspect()`][]
+If the value is not strictly equal to the snapshot,
+`assert.snapshot()` will return a rejected `Promise`
+with an [`AssertionError`][].
+
+If the snapshot file does not exist, the snapshot is written.
+
+In case it is needed to force a snapshot update,
+use [`--update-assert-snapshot`][];
+
+By default, a snapshot is read and written to a file,
+using the same name as the main entrypoint with `.snapshot` as the extension.
+
 ## `assert.strictEqual(actual, expected[, message])`
 
 <!-- YAML
@@ -2442,6 +2468,7 @@ argument.
 [Object wrappers]: https://developer.mozilla.org/en-US/docs/Glossary/Primitive#Primitive_wrapper_objects_in_JavaScript
 [Object.prototype.toString()]: https://tc39.github.io/ecma262/#sec-object.prototype.tostring
 [`!=` operator]: https://developer.mozilla.org/en-US/docs/Web/JavaScript/Reference/Operators/Inequality
+[`--update-assert-snapshot`]: cli.md#--update-assert-snapshot
 [`===` operator]: https://developer.mozilla.org/en-US/docs/Web/JavaScript/Reference/Operators/Strict_equality
 [`==` operator]: https://developer.mozilla.org/en-US/docs/Web/JavaScript/Reference/Operators/Equality
 [`AssertionError`]: #class-assertassertionerror
@@ -2473,5 +2500,6 @@ argument.
 [`process.on('exit')`]: process.md#event-exit
 [`tracker.calls()`]: #trackercallsfn-exact
 [`tracker.verify()`]: #trackerverify
+[`util.inspect()`]: util.md#utilinspectobject-options
 [enumerable "own" properties]: https://developer.mozilla.org/en-US/docs/Web/JavaScript/Enumerability_and_ownership_of_properties
 [prototype-spec]: https://tc39.github.io/ecma262/#sec-ordinary-object-internal-methods-and-internal-slots
diff --git a/doc/api/cli.md b/doc/api/cli.md
index dd7cbbd12fc1b2..d29f748db068f2 100644
--- a/doc/api/cli.md
+++ b/doc/api/cli.md
@@ -1488,6 +1488,14 @@ occurs. One of the following modes can be chosen:
 If a rejection happens during the command line entry point's ES module static
 loading phase, it will always raise it as an uncaught exception.
 
+### `--update-assert-snapshot`
+
+<!-- YAML
+added: REPLACEME
+-->
+
+Force updating snapshot files for [`assert.snapshot()`][]
+
 ### `--use-bundled-ca`, `--use-openssl-ca`
 
 <!-- YAML
@@ -1849,6 +1857,7 @@ Node.js options that are allowed are:
 * `--trace-warnings`
 * `--track-heap-objects`
 * `--unhandled-rejections`
+* `--update-assert-snapshot`
 * `--use-bundled-ca`
 * `--use-largepages`
 * `--use-openssl-ca`
@@ -2224,6 +2233,7 @@ done
 [`NO_COLOR`]: https://no-color.org
 [`SlowBuffer`]: buffer.md#class-slowbuffer
 [`YoungGenerationSizeFromSemiSpaceSize`]: https://chromium.googlesource.com/v8/v8.git/+/refs/tags/10.3.129/src/heap/heap.cc#328
+[`assert.snapshot()`]: assert.md#assertsnapshotvalue-name
 [`dns.lookup()`]: dns.md#dnslookuphostname-options-callback
 [`dns.setDefaultResultOrder()`]: dns.md#dnssetdefaultresultorderorder
 [`dnsPromises.lookup()`]: dns.md#dnspromiseslookuphostname-options
diff --git a/doc/api/errors.md b/doc/api/errors.md
index e1c2810e1efd0c..4c544ef734776e 100644
--- a/doc/api/errors.md
+++ b/doc/api/errors.md
@@ -705,6 +705,13 @@ A special type of error that can be triggered whenever Node.js detects an
 exceptional logic violation that should never occur. These are raised typically
 by the `node:assert` module.
 
+<a id="ERR_ASSERT_SNAPSHOT_NOT_SUPPORTED"></a>
+
+### `ERR_ASSERT_SNAPSHOT_NOT_SUPPORTED`
+
+An attempt was made to use `assert.snapshot()` in an environment that
+does not support snapshots, such as the REPL, or when using `node --eval`.
+
 <a id="ERR_ASYNC_CALLBACK"></a>
 
 ### `ERR_ASYNC_CALLBACK`
diff --git a/lib/assert.js b/lib/assert.js
index 82c3a285f51abd..8a28bcde136d6f 100644
--- a/lib/assert.js
+++ b/lib/assert.js
@@ -1052,6 +1052,9 @@ assert.doesNotMatch = function doesNotMatch(string, regexp, message) {
 
 assert.CallTracker = CallTracker;
 
+const snapshot = require('internal/assert/snapshot');
+assert.snapshot = snapshot;
+
 /**
  * Expose a strict only variant of assert.
  * @param {...any} args
diff --git a/lib/internal/assert/snapshot.js b/lib/internal/assert/snapshot.js
new file mode 100644
index 00000000000000..70af1fd4e63ca7
--- /dev/null
+++ b/lib/internal/assert/snapshot.js
@@ -0,0 +1,129 @@
+'use strict';
+
+const {
+  ArrayPrototypeJoin,
+  ArrayPrototypeMap,
+  ArrayPrototypeSlice,
+  RegExp,
+  SafeMap,
+  SafeSet,
+  StringPrototypeSplit,
+  StringPrototypeReplace,
+  Symbol,
+} = primordials;
+
+const { codes: { ERR_ASSERT_SNAPSHOT_NOT_SUPPORTED } } = require('internal/errors');
+const AssertionError = require('internal/assert/assertion_error');
+const { inspect } = require('internal/util/inspect');
+const { getOptionValue } = require('internal/options');
+const { validateString } = require('internal/validators');
+const { once } = require('events');
+const { createReadStream, createWriteStream } = require('fs');
+const path = require('path');
+const assert = require('assert');
+
+const kUpdateSnapshot = getOptionValue('--update-assert-snapshot');
+const kInitialSnapshot = Symbol('kInitialSnapshot');
+const kDefaultDelimiter = '\n#*#*#*#*#*#*#*#*#*#*#*#\n';
+const kDefaultDelimiterRegex = new RegExp(kDefaultDelimiter.replaceAll('*', '\\*').replaceAll('\n', '\r?\n'), 'g');
+const kKeyDelimiter = /:\r?\n/g;
+
+function getSnapshotPath() {
+  if (process.mainModule) {
+    const { dir, name } = path.parse(process.mainModule.filename);
+    return path.join(dir, `${name}.snapshot`);
+  }
+  if (!process.argv[1]) {
+    throw new ERR_ASSERT_SNAPSHOT_NOT_SUPPORTED();
+  }
+  const { dir, name } = path.parse(process.argv[1]);
+  return path.join(dir, `${name}.snapshot`);
+}
+
+function getSource() {
+  return createReadStream(getSnapshotPath(), { encoding: 'utf8' });
+}
+
+let _target;
+function getTarget() {
+  _target ??= createWriteStream(getSnapshotPath(), { encoding: 'utf8' });
+  return _target;
+}
+
+function serializeName(name) {
+  validateString(name, 'name');
+  return StringPrototypeReplace(`${name}`, kKeyDelimiter, '_');
+}
+
+let writtenNames;
+let snapshotValue;
+let counter = 0;
+
+async function writeSnapshot({ name, value }) {
+  const target = getTarget();
+  if (counter > 1) {
+    target.write(kDefaultDelimiter);
+  }
+  writtenNames = writtenNames || new SafeSet();
+  if (writtenNames.has(name)) {
+    throw new AssertionError({ message: `Snapshot "${name}" already used` });
+  }
+  writtenNames.add(name);
+  const drained = target.write(`${name}:\n${value}`);
+  await drained || once(target, 'drain');
+}
+
+async function getSnapshot() {
+  if (snapshotValue !== undefined) {
+    return snapshotValue;
+  }
+  if (kUpdateSnapshot) {
+    snapshotValue = kInitialSnapshot;
+    return kInitialSnapshot;
+  }
+  try {
+    const source = getSource();
+    let data = '';
+    for await (const line of source) {
+      data += line;
+    }
+    snapshotValue = new SafeMap(
+      ArrayPrototypeMap(
+        StringPrototypeSplit(data, kDefaultDelimiterRegex),
+        (item) => {
+          const arr = StringPrototypeSplit(item, kKeyDelimiter);
+          return [
+            arr[0],
+            ArrayPrototypeJoin(ArrayPrototypeSlice(arr, 1), ':\n'),
+          ];
+        }
+      ));
+  } catch (e) {
+    if (e.code === 'ENOENT') {
+      snapshotValue = kInitialSnapshot;
+    } else {
+      throw e;
+    }
+  }
+  return snapshotValue;
+}
+
+
+async function snapshot(input, name) {
+  const snapshot = await getSnapshot();
+  counter = counter + 1;
+  name = serializeName(name);
+
+  const value = inspect(input);
+  if (snapshot === kInitialSnapshot) {
+    await writeSnapshot({ name, value });
+  } else if (snapshot.has(name)) {
+    const expected = snapshot.get(name);
+    // eslint-disable-next-line no-restricted-syntax
+    assert.strictEqual(value, expected);
+  } else {
+    throw new AssertionError({ message: `Snapshot "${name}" does not exist`, actual: inspect(snapshot) });
+  }
+}
+
+module.exports = snapshot;
diff --git a/lib/internal/errors.js b/lib/internal/errors.js
index df079d2952b47e..c780575266d6a7 100644
--- a/lib/internal/errors.js
+++ b/lib/internal/errors.js
@@ -936,6 +936,8 @@ module.exports = {
 E('ERR_AMBIGUOUS_ARGUMENT', 'The "%s" argument is ambiguous. %s', TypeError);
 E('ERR_ARG_NOT_ITERABLE', '%s must be iterable', TypeError);
 E('ERR_ASSERTION', '%s', Error);
+E('ERR_ASSERT_SNAPSHOT_NOT_SUPPORTED',
+  'Snapshot is not supported in this context ', TypeError);
 E('ERR_ASYNC_CALLBACK', '%s must be a function', TypeError);
 E('ERR_ASYNC_TYPE', 'Invalid name for async "type": %s', TypeError);
 E('ERR_BROTLI_INVALID_PARAM', '%s is not a valid Brotli parameter', RangeError);
diff --git a/src/node_options.cc b/src/node_options.cc
index bbf39e864c6e84..0ecf3bb918bb43 100644
--- a/src/node_options.cc
+++ b/src/node_options.cc
@@ -622,6 +622,11 @@ EnvironmentOptionsParser::EnvironmentOptionsParser() {
             &EnvironmentOptions::force_repl);
   AddAlias("-i", "--interactive");
 
+  AddOption("--update-assert-snapshot",
+            "update assert snapshot files",
+            &EnvironmentOptions::update_assert_snapshot,
+            kAllowedInEnvironment);
+
   AddOption("--napi-modules", "", NoOp{}, kAllowedInEnvironment);
 
   AddOption("--tls-keylog",
diff --git a/src/node_options.h b/src/node_options.h
index 156f96a93faf49..ca43192d85a4b4 100644
--- a/src/node_options.h
+++ b/src/node_options.h
@@ -136,6 +136,7 @@ class EnvironmentOptions : public Options {
   bool preserve_symlinks = false;
   bool preserve_symlinks_main = false;
   bool prof_process = false;
+  bool update_assert_snapshot = false;
 #if HAVE_INSPECTOR
   std::string cpu_prof_dir;
   static const uint64_t kDefaultCpuProfInterval = 1000;
diff --git a/test/fixtures/assert-snapshot/basic.mjs b/test/fixtures/assert-snapshot/basic.mjs
new file mode 100644
index 00000000000000..7879b7924f98bd
--- /dev/null
+++ b/test/fixtures/assert-snapshot/basic.mjs
@@ -0,0 +1,3 @@
+import assert from 'node:assert';
+
+await assert.snapshot("test", "name");
diff --git a/test/fixtures/assert-snapshot/multiple.mjs b/test/fixtures/assert-snapshot/multiple.mjs
new file mode 100644
index 00000000000000..efb1e9ace51410
--- /dev/null
+++ b/test/fixtures/assert-snapshot/multiple.mjs
@@ -0,0 +1,4 @@
+import assert from 'node:assert';
+
+await assert.snapshot("test", "name");
+await assert.snapshot("test", "another name");
diff --git a/test/fixtures/assert-snapshot/non-existing-name.mjs b/test/fixtures/assert-snapshot/non-existing-name.mjs
new file mode 100644
index 00000000000000..f98ec61c37be76
--- /dev/null
+++ b/test/fixtures/assert-snapshot/non-existing-name.mjs
@@ -0,0 +1,4 @@
+import assert from 'node:assert';
+
+await assert.snapshot("test", "another name");
+await assert.snapshot("test", "non existing");
diff --git a/test/fixtures/assert-snapshot/non-existing-name.snapshot b/test/fixtures/assert-snapshot/non-existing-name.snapshot
new file mode 100644
index 00000000000000..b01e434d6d2e8b
--- /dev/null
+++ b/test/fixtures/assert-snapshot/non-existing-name.snapshot
@@ -0,0 +1,5 @@
+another name:
+'test'
+#*#*#*#*#*#*#*#*#*#*#*#
+name:
+'test'
\ No newline at end of file
diff --git a/test/fixtures/assert-snapshot/random.mjs b/test/fixtures/assert-snapshot/random.mjs
new file mode 100644
index 00000000000000..ef80f963553cc0
--- /dev/null
+++ b/test/fixtures/assert-snapshot/random.mjs
@@ -0,0 +1,11 @@
+import assert from 'node:assert';
+
+function random() {
+  return `Random Value: ${Math.random()}`;
+}
+function transform(value) {
+  return value.replaceAll(/Random Value: \d+\.+\d+/g, 'Random Value: *');
+}
+
+await assert.snapshot(transform(random()), 'random1');
+await assert.snapshot(transform(random()), 'random2');
diff --git a/test/fixtures/assert-snapshot/random.snapshot b/test/fixtures/assert-snapshot/random.snapshot
new file mode 100644
index 00000000000000..d0912a53246cd9
--- /dev/null
+++ b/test/fixtures/assert-snapshot/random.snapshot
@@ -0,0 +1,5 @@
+random1:
+'Random Value: *'
+#*#*#*#*#*#*#*#*#*#*#*#
+random2:
+'Random Value: *'
\ No newline at end of file
diff --git a/test/fixtures/assert-snapshot/serialize.mjs b/test/fixtures/assert-snapshot/serialize.mjs
new file mode 100644
index 00000000000000..6f33a7a398ad9a
--- /dev/null
+++ b/test/fixtures/assert-snapshot/serialize.mjs
@@ -0,0 +1,11 @@
+import assert from 'node:assert';
+
+function fn() {
+  this.should.be.a.fn();
+  return false;
+}
+
+await assert.snapshot(fn, 'function');
+await assert.snapshot({ foo: "bar" }, 'object');
+await assert.snapshot(new Set([1, 2, 3]), 'set');
+await assert.snapshot(new Map([['one', 1], ['two', 2]]), 'map');
diff --git a/test/fixtures/assert-snapshot/serialize.snapshot b/test/fixtures/assert-snapshot/serialize.snapshot
new file mode 100644
index 00000000000000..e70541d9b17ef5
--- /dev/null
+++ b/test/fixtures/assert-snapshot/serialize.snapshot
@@ -0,0 +1,11 @@
+function:
+[Function: fn]
+#*#*#*#*#*#*#*#*#*#*#*#
+object:
+{ foo: 'bar' }
+#*#*#*#*#*#*#*#*#*#*#*#
+set:
+Set(3) { 1, 2, 3 }
+#*#*#*#*#*#*#*#*#*#*#*#
+map:
+Map(2) { 'one' => 1, 'two' => 2 }
\ No newline at end of file
diff --git a/test/fixtures/assert-snapshot/single.mjs b/test/fixtures/assert-snapshot/single.mjs
new file mode 100644
index 00000000000000..ff0136388c08c6
--- /dev/null
+++ b/test/fixtures/assert-snapshot/single.mjs
@@ -0,0 +1,3 @@
+import assert from 'node:assert';
+
+await assert.snapshot("test", "snapshot");
diff --git a/test/fixtures/assert-snapshot/value-changed.mjs b/test/fixtures/assert-snapshot/value-changed.mjs
new file mode 100644
index 00000000000000..5a09e0afcbd062
--- /dev/null
+++ b/test/fixtures/assert-snapshot/value-changed.mjs
@@ -0,0 +1,3 @@
+import assert from 'node:assert';
+
+await assert.snapshot("changed", "snapshot");
diff --git a/test/fixtures/assert-snapshot/value-changed.snapshot b/test/fixtures/assert-snapshot/value-changed.snapshot
new file mode 100644
index 00000000000000..2f574435b93709
--- /dev/null
+++ b/test/fixtures/assert-snapshot/value-changed.snapshot
@@ -0,0 +1,2 @@
+snapshot:
+'original'
\ No newline at end of file
diff --git a/test/parallel/test-assert-snapshot.mjs b/test/parallel/test-assert-snapshot.mjs
new file mode 100644
index 00000000000000..7382a0fa3633ad
--- /dev/null
+++ b/test/parallel/test-assert-snapshot.mjs
@@ -0,0 +1,133 @@
+import { spawnPromisified } from '../common/index.mjs';
+import * as fixtures from '../common/fixtures.mjs';
+import tmpdir from '../common/tmpdir.js';
+import assert from 'node:assert';
+import path from 'node:path';
+import { execPath } from 'node:process';
+import { writeFile, readFile, unlink } from 'node:fs/promises';
+import { describe, it } from 'node:test';
+
+tmpdir.refresh();
+
+function getSnapshotPath(filename) {
+  const { name, dir } = path.parse(filename);
+  return path.join(tmpdir.path, dir, `${name}.snapshot`);
+}
+
+async function spawnTmpfile(content = '', filename, extraFlags = []) {
+  const header = filename.endsWith('.mjs') ?
+    'import assert from \'node:assert\';' :
+    'const assert = require(\'node:assert\');';
+  await writeFile(path.join(tmpdir.path, filename), `${header}\n${content}`);
+  const { stdout, stderr, code } = await spawnPromisified(
+    execPath,
+    ['--no-warnings', ...extraFlags, filename],
+    { cwd: tmpdir.path });
+
+  const snapshotPath = getSnapshotPath(filename);
+  const snapshot = await readFile(snapshotPath, 'utf8').catch((err) => err);
+  return { stdout, stderr, code, snapshot, snapshotPath, filename };
+}
+
+async function spawnFixture(filename) {
+  const { dir, base, name } = path.parse(filename);
+  const { stdout, stderr, code } = await spawnPromisified(execPath, ['--no-warnings', base], { cwd: dir });
+
+  const snapshotPath = path.join(dir, `${name}.snapshot`);
+  const snapshot = await readFile(snapshotPath, 'utf8').catch((err) => err);
+  return { stdout, stderr, code, snapshot, snapshotPath };
+}
+
+describe('assert.snapshot', { concurrency: true }, () => {
+  it('should write snapshot', async () => {
+    const { stderr, code, snapshot, snapshotPath } = await spawnFixture(fixtures.path('assert-snapshot/basic.mjs'));
+    await unlink(snapshotPath);
+    assert.strictEqual(stderr, '');
+    assert.strictEqual(code, 0);
+    assert.match(snapshot, /^name:\r?\n'test'$/);
+  });
+
+  it('should write multiple snapshots', async () => {
+    const { stderr, code, snapshot, snapshotPath } = await spawnFixture(fixtures.path('assert-snapshot/multiple.mjs'));
+    await unlink(snapshotPath);
+    assert.strictEqual(stderr, '');
+    assert.strictEqual(code, 0);
+    assert.match(snapshot, /^name:\n'test'\r?\n#\*#\*#\*#\*#\*#\*#\*#\*#\*#\*#\*#\r?\nanother name:\r?\n'test'$/);
+  });
+
+  it('should succeed running multiple times', async () => {
+    let result = await spawnFixture(fixtures.path('assert-snapshot/single.mjs'), false);
+    assert.strictEqual(result.stderr, '');
+    assert.strictEqual(result.code, 0);
+    assert.match(result.snapshot, /^snapshot:\r?\n'test'$/);
+
+    result = await spawnFixture(fixtures.path('assert-snapshot/single.mjs'));
+    await unlink(result.snapshotPath);
+    assert.strictEqual(result.stderr, '');
+    assert.strictEqual(result.code, 0);
+    assert.match(result.snapshot, /^snapshot:\r?\n'test'$/);
+  });
+
+  it('should fail when name is not provided', async () => {
+    for (const name of [1, undefined, null, {}, function() {}]) {
+      await assert.rejects(() => assert.snapshot('', name), {
+        code: 'ERR_INVALID_ARG_TYPE',
+        name: 'TypeError',
+        message: /^The "name" argument must be of type string/
+      });
+    }
+  });
+
+  it('should fail when value does not match snapshot', async () => {
+    const { code, stderr, snapshot } = await spawnFixture(fixtures.path('assert-snapshot/value-changed.mjs'));
+    assert.match(stderr, /AssertionError \[ERR_ASSERTION\]/);
+    assert.strictEqual(code, 1);
+    assert.match(snapshot, /^snapshot:\r?\n'original'$/);
+  });
+
+  it('should fail when snapshot does not contain a named snapshot', async () => {
+    const { code, stderr, snapshot } = await spawnFixture(fixtures.path('assert-snapshot/non-existing-name.mjs'));
+    assert.match(stderr, /AssertionError \[ERR_ASSERTION\]/);
+    assert.match(stderr, /Snapshot "non existing" does not exist/);
+    assert.strictEqual(code, 1);
+    assert.match(snapshot, /^another name:\r?\n'test'\r?\n#\*#\*#\*#\*#\*#\*#\*#\*#\*#\*#\*#\r?\nname:\r?\n'test'$/);
+  });
+
+  it('should snapshot a random replaced value', async () => {
+    const originalSnapshot = await readFile(fixtures.path('assert-snapshot/random.snapshot'), 'utf8');
+    const { stderr, code, snapshot } = await spawnFixture(fixtures.path('assert-snapshot/random.mjs'));
+    assert.strictEqual(stderr, '');
+    assert.strictEqual(code, 0);
+    assert.strictEqual(snapshot, originalSnapshot);
+  });
+
+  it('should serialize values', async () => {
+    const originalSnapshot = await readFile(fixtures.path('assert-snapshot/serialize.snapshot'), 'utf8');
+    const { stderr, code, snapshot } = await spawnFixture(fixtures.path('assert-snapshot/serialize.mjs'));
+    assert.strictEqual(stderr, '');
+    assert.strictEqual(code, 0);
+    assert.strictEqual(snapshot, originalSnapshot);
+  });
+
+  it('should override snapshot when passing --update-assert-snapshot', async () => {
+    const filename = 'updated.mjs';
+    await writeFile(getSnapshotPath(filename), 'snapshot:\n\'test\'');
+    const { stderr, code, snapshot } = await spawnTmpfile('await assert.snapshot(\'changed\', \'snapshot\');',
+                                                          filename, ['--update-assert-snapshot']);
+    assert.strictEqual(stderr, '');
+    assert.strictEqual(code, 0);
+    assert.match(snapshot, /^snapshot:\r?\n'changed'$/);
+  });
+
+  it('snapshot file should have the name of the module - esm', async () => {
+    const filename = 'name.mjs';
+    const { snapshotPath } = await spawnTmpfile('await assert.snapshot("test");', filename);
+    assert.match(snapshotPath, /name\.snapshot$/);
+  });
+
+  it('snapshot file should have the name of the module - common js', async () => {
+    const filename = 'name.js';
+    const { snapshotPath } = await spawnTmpfile('assert.snapshot("test").then(() => process.exit());', filename);
+    assert.match(snapshotPath, /name\.snapshot$/);
+  });
+});