diff --git a/NEWS b/NEWS
index ab565d58ae5bd..49d3d7bac0ae2 100644
--- a/NEWS
+++ b/NEWS
@@ -27,6 +27,7 @@ PHP                                                                        NEWS
   . Finished AVIF support in getimagesize(). (Yannis Guyon)
   . Fixed bug GH-7847 (stripos with large haystack has bad performance).
     (ilutov)
+  . New function memory_reset_peak_usage(). (Patrick Allaert)
 
 - Zip:
   . add ZipArchive::clearError() method
diff --git a/UPGRADING b/UPGRADING
index efc6f36df0eef..b91229ec627ea 100644
--- a/UPGRADING
+++ b/UPGRADING
@@ -114,6 +114,10 @@ PHP 8.2 UPGRADE NOTES
 6. New Functions
 ========================================
 
+- Standard:
+  . The peak memory usage can now be reset to the current usage thanks to
+    memory_reset_peak_usage().
+
 ========================================
 7. New Classes and Interfaces
 ========================================
diff --git a/Zend/tests/memory_reset_peak_usage.phpt b/Zend/tests/memory_reset_peak_usage.phpt
new file mode 100644
index 0000000000000..0599e7c313c41
--- /dev/null
+++ b/Zend/tests/memory_reset_peak_usage.phpt
@@ -0,0 +1,23 @@
+--TEST--
+void memory_reset_peak_usage();
+--SKIPIF--
+<?php
+if (getenv("USE_ZEND_ALLOC") === "0") {
+    die("skip Zend MM disabled");
+}
+?>
+--INI--
+memory_limit=-1
+--FILE--
+<?php
+$array0 = range(1, 1024 * 1024);
+$m0 = memory_get_peak_usage();
+$array1 = range(1, 1024 * 1024);
+var_dump(($m1 = memory_get_peak_usage()) > $m0);
+unset($array0, $array1);
+memory_reset_peak_usage();
+var_dump(memory_get_peak_usage() < $m1);
+?>
+--EXPECT--
+bool(true)
+bool(true)
diff --git a/Zend/zend_alloc.c b/Zend/zend_alloc.c
index 9635068a6bb86..d8a7b07db77fc 100644
--- a/Zend/zend_alloc.c
+++ b/Zend/zend_alloc.c
@@ -2724,6 +2724,14 @@ ZEND_API size_t zend_memory_peak_usage(bool real_usage)
 	return 0;
 }
 
+ZEND_API void zend_memory_reset_peak_usage(void)
+{
+#if ZEND_MM_STAT
+	AG(mm_heap)->real_peak = AG(mm_heap)->real_size;
+	AG(mm_heap)->peak = AG(mm_heap)->size;
+#endif
+}
+
 ZEND_API void shutdown_memory_manager(bool silent, bool full_shutdown)
 {
 	zend_mm_shutdown(AG(mm_heap), full_shutdown, silent);
diff --git a/Zend/zend_alloc.h b/Zend/zend_alloc.h
index 9603af8a27d3f..f517b1231d1d2 100644
--- a/Zend/zend_alloc.h
+++ b/Zend/zend_alloc.h
@@ -229,6 +229,7 @@ ZEND_API bool is_zend_ptr(const void *ptr);
 
 ZEND_API size_t zend_memory_usage(bool real_usage);
 ZEND_API size_t zend_memory_peak_usage(bool real_usage);
+ZEND_API void zend_memory_reset_peak_usage(void);
 
 /* fast cache for HashTables */
 #define ALLOC_HASHTABLE(ht)	\
diff --git a/ext/standard/basic_functions_arginfo.h b/ext/standard/basic_functions_arginfo.h
index 850c3f7a3051a..10a6cfd7f2af0 100644
--- a/ext/standard/basic_functions_arginfo.h
+++ b/ext/standard/basic_functions_arginfo.h
@@ -2175,6 +2175,9 @@ ZEND_END_ARG_INFO()
 
 #define arginfo_memory_get_peak_usage arginfo_memory_get_usage
 
+ZEND_BEGIN_ARG_WITH_RETURN_TYPE_INFO_EX(arginfo_memory_reset_peak_usage, 0, 0, IS_VOID, 0)
+ZEND_END_ARG_INFO()
+
 ZEND_BEGIN_ARG_WITH_RETURN_TYPE_MASK_EX(arginfo_version_compare, 0, 2, MAY_BE_LONG|MAY_BE_BOOL)
 	ZEND_ARG_TYPE_INFO(0, version1, IS_STRING, 0)
 	ZEND_ARG_TYPE_INFO(0, version2, IS_STRING, 0)
@@ -2824,6 +2827,7 @@ ZEND_FUNCTION(serialize);
 ZEND_FUNCTION(unserialize);
 ZEND_FUNCTION(memory_get_usage);
 ZEND_FUNCTION(memory_get_peak_usage);
+ZEND_FUNCTION(memory_reset_peak_usage);
 ZEND_FUNCTION(version_compare);
 #if defined(PHP_WIN32)
 ZEND_FUNCTION(sapi_windows_cp_set);
@@ -3479,6 +3483,7 @@ static const zend_function_entry ext_functions[] = {
 	ZEND_FE(unserialize, arginfo_unserialize)
 	ZEND_FE(memory_get_usage, arginfo_memory_get_usage)
 	ZEND_FE(memory_get_peak_usage, arginfo_memory_get_peak_usage)
+	ZEND_FE(memory_reset_peak_usage, arginfo_memory_reset_peak_usage)
 	ZEND_SUPPORTS_COMPILE_TIME_EVAL_FE(version_compare, arginfo_version_compare)
 #if defined(PHP_WIN32)
 	ZEND_FE(sapi_windows_cp_set, arginfo_sapi_windows_cp_set)
diff --git a/ext/standard/var.c b/ext/standard/var.c
index ef4b019fb6e76..09e6735034b62 100644
--- a/ext/standard/var.c
+++ b/ext/standard/var.c
@@ -1474,6 +1474,14 @@ PHP_FUNCTION(memory_get_peak_usage) {
 }
 /* }}} */
 
+/* {{{ Resets the peak PHP memory usage */
+PHP_FUNCTION(memory_reset_peak_usage) {
+	ZEND_PARSE_PARAMETERS_NONE();
+
+	zend_memory_reset_peak_usage();
+}
+/* }}} */
+
 PHP_INI_BEGIN()
 	STD_PHP_INI_ENTRY("unserialize_max_depth", "4096", PHP_INI_ALL, OnUpdateLong, unserialize_max_depth, php_basic_globals, basic_globals)
 PHP_INI_END()