diff --git a/tests/perf/CMakeLists.txt b/tests/perf/CMakeLists.txt
index 00c216e218..fa715c3598 100644
--- a/tests/perf/CMakeLists.txt
+++ b/tests/perf/CMakeLists.txt
@@ -88,3 +88,7 @@ seastar_add_test (allocator
 
 seastar_add_test (container
   SOURCES container_perf.cc)
+
+seastar_add_test (http_client
+  SOURCES http_client_perf.cc linux_perf_event.cc
+  NO_SEASTAR_PERF_TESTING_LIBRARY)
diff --git a/tests/perf/http_client_perf.cc b/tests/perf/http_client_perf.cc
new file mode 100644
index 0000000000..0b1c096181
--- /dev/null
+++ b/tests/perf/http_client_perf.cc
@@ -0,0 +1,182 @@
+/*
+ * This file is open source software, licensed to you under the terms
+ * of the Apache License, Version 2.0 (the "License").  See the NOTICE file
+ * distributed with this work for additional information regarding copyright
+ * ownership.  You may not use this file except in compliance with the License.
+ *
+ * You may obtain a copy of the License at
+ *
+ *   http://www.apache.org/licenses/LICENSE-2.0
+ *
+ * Unless required by applicable law or agreed to in writing,
+ * software distributed under the License is distributed on an
+ * "AS IS" BASIS, WITHOUT WARRANTIES OR CONDITIONS OF ANY
+ * KIND, either express or implied.  See the License for the
+ * specific language governing permissions and limitations
+ * under the License.
+ */
+/*
+ * Copyright (C) 2024 ScyllaDB
+ */
+
+/*
+ * The test runs http::experimental::client against minimalistic (see below) server on
+ * one shard using single "in-memory" connection.
+ *
+ * The client sents one request at-a-time, waiting for the server response before sending
+ * the next one.
+ *
+ * The server is a fiber that runs on top of the raw connection, reads it up until double
+ * CRLF and then responds back with the "HTTP/1.1 200 OK host: test" line. So it's not
+ * http::server instance, but a lightweight mock.
+ *
+ * The connection is net::connected_socket wrapper over seastar::queue, not Linux socket.
+ */
+
+#include <seastar/core/seastar.hh>
+#include <seastar/core/reactor.hh>
+#include <seastar/core/app-template.hh>
+#include <seastar/core/sstring.hh>
+#include <seastar/core/when_all.hh>
+#include <seastar/core/thread.hh>
+#include <seastar/http/client.hh>
+#include <seastar/http/request.hh>
+#include <seastar/testing/linux_perf_event.hh>
+#include <../../tests/unit/loopback_socket.hh>
+#include <fmt/printf.h>
+#include <string>
+
+using namespace seastar;
+using namespace std::chrono_literals;
+
+class server {
+    seastar::server_socket _ss;
+    seastar::connected_socket _cs;
+    seastar::input_stream<char> _in;
+    seastar::output_stream<char> _out;
+    sstring _req;
+
+    future<> run_serve_loop() {
+        while (true) {
+            temporary_buffer<char> buf = co_await _in.read();
+            if (buf.empty()) {
+                co_return;
+            }
+
+            _req += sstring(buf.get(), buf.size());
+            if (_req.ends_with("\r\n\r\n")) {
+                sstring r200("HTTP/1.1 200 OK\r\nHost: test\r\n\r\n");
+                co_await _out.write(r200);
+                co_await _out.flush();
+                _req = "";
+            }
+        }
+    }
+
+public:
+    server(loopback_connection_factory& lcf) : _ss(lcf.get_server_socket()) {}
+    future<> serve() {
+        return _ss.accept().then([this] (seastar::accept_result ar) {
+            _cs = std::move(ar.connection);
+            _in = _cs.input();
+            _out = _cs.output();
+            return run_serve_loop().finally([this] {
+                return when_all(_in.close(), _out.close()).discard_result();
+            });
+        });
+    }
+};
+
+class loopback_http_factory : public http::experimental::connection_factory {
+    loopback_socket_impl lsi;
+public:
+    explicit loopback_http_factory(loopback_connection_factory& f) : lsi(f) {}
+    virtual future<connected_socket> make(abort_source* as) override {
+        return lsi.connect(socket_address(ipv4_addr()), socket_address(ipv4_addr()));
+    }
+};
+
+class client {
+    seastar::http::experimental::client _cln;
+    const unsigned _warmup_limit;
+    const unsigned _limit;
+    linux_perf_event _instructions;
+    linux_perf_event _cpu_cycles;
+
+    struct stats {
+        std::chrono::steady_clock::time_point ts;
+        uint64_t mallocs;
+        uint64_t tasks;
+        uint64_t instructions;
+        uint64_t cpu_cycles;
+    };
+
+    stats stats_snapshot() {
+        return stats {
+            .ts = std::chrono::steady_clock::now(),
+            .mallocs = memory::stats().mallocs(),
+            .tasks = engine().get_sched_stats().tasks_processed,
+            .instructions = _instructions.read(),
+            .cpu_cycles = _cpu_cycles.read(),
+        };
+    }
+
+    future<> make_requests(unsigned nr) {
+        for (unsigned i = 0; i < nr; i++) {
+            auto req = http::request::make("GET", "test", "/test");
+            co_await _cln.make_request(std::move(req), [] (const http::reply& rep, input_stream<char>&& in) {
+                return make_ready_future<>();
+            }, http::reply::status_type::ok);
+        }
+    }
+public:
+    client(loopback_connection_factory& lcf, unsigned ops, unsigned warmup)
+            : _cln(std::make_unique<loopback_http_factory>(lcf))
+            , _warmup_limit(warmup)
+            , _limit(ops)
+            , _instructions(linux_perf_event::user_instructions_retired())
+            , _cpu_cycles(linux_perf_event::user_cpu_cycles_retired())
+    {}
+    future<> work() {
+        fmt::print("Warming up with {} requests\n", _warmup_limit);
+        return make_requests(_warmup_limit).then([this] {
+            fmt::print("Warmup finished, making {} requests\n", _limit);
+            auto start_stats = stats_snapshot();
+            _instructions.enable();
+            _cpu_cycles.enable();
+            return make_requests(_limit).then([this, start_stats] {
+                _instructions.disable();
+                _cpu_cycles.disable();
+                auto end_stats = stats_snapshot();
+                auto delta = std::chrono::duration_cast<std::chrono::duration<double, std::micro>>(end_stats.ts - start_stats.ts) / _limit;
+                auto allocs = double(end_stats.mallocs - start_stats.mallocs) / _limit;
+                auto tasks = double(end_stats.tasks - start_stats.tasks) / _limit;
+                auto insns = (end_stats.instructions - start_stats.instructions) / _limit;
+                auto cycles = (end_stats.cpu_cycles - start_stats.cpu_cycles) / _limit;
+                fmt::print("Made {} requests, {:.3f} usec/op, {:.1f} allocs/op, {:.1f} tasks/op, {} insns/op, {} cycles/op\n", _limit,
+                        delta.count(), allocs, tasks, insns, cycles);
+            });
+        }).finally([this] {
+            return _cln.close();
+        });
+    }
+};
+
+int main(int ac, char** av) {
+    app_template at;
+    namespace bpo = boost::program_options;
+    at.add_options()
+            ("total-ops", bpo::value<unsigned>()->default_value(1000000), "Total requests to make")
+            ("warmup-ops", bpo::value<unsigned>()->default_value(10000), "Requests to warm up")
+            ;
+    return at.run(ac, av, [&at] {
+        auto total_ops = at.configuration()["total-ops"].as<unsigned>();
+        auto warmup_ops = at.configuration()["warmup-ops"].as<unsigned>();
+        return seastar::async([total_ops, warmup_ops] {
+            loopback_connection_factory lcf(1);
+            server srv(lcf);
+            client cln(lcf, total_ops, warmup_ops);
+            when_all(srv.serve(), cln.work()).discard_result().get();
+        });
+    });
+}