diff --git a/include/seastar/coroutine/try_future.hh b/include/seastar/coroutine/try_future.hh
new file mode 100644
index 00000000000..fd3b2ab3b0f
--- /dev/null
+++ b/include/seastar/coroutine/try_future.hh
@@ -0,0 +1,145 @@
+/*
+ * 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) 2025-present ScyllaDB
+ */
+
+#pragma once
+
+#include <seastar/core/coroutine.hh>
+
+namespace seastar::internal {
+
+template <typename T, typename U>
+void try_future_resume_or_destroy_coroutine(seastar::future<T>& fut, seastar::task& coroutine_task) {
+    auto promise_ptr = static_cast<U*>(&coroutine_task);
+    auto hndl = std::coroutine_handle<U>::from_promise(*promise_ptr);
+
+    if (fut.failed()) {
+        hndl.promise().set_exception(std::move(fut).get_exception());
+        hndl.destroy();
+    } else {
+        hndl.resume();
+    }
+}
+
+template <bool CheckPreempt, typename T>
+class [[nodiscard]] try_future_awaiter : public seastar::task {
+    seastar::future<T> _future;
+    void (*_resume_or_destroy)(seastar::future<T>&, seastar::task&){};
+    seastar::task* _coroutine_task{};
+    seastar::task* _waiting_task{};
+
+public:
+    explicit try_future_awaiter(seastar::future<T>&& f) noexcept : _future(std::move(f)) {}
+
+    try_future_awaiter(const try_future_awaiter&) = delete;
+    try_future_awaiter(try_future_awaiter&&) = delete;
+
+    bool await_ready() const noexcept {
+        // Will suspend+schedule for ready failed futures too.
+        return _future.available() && !_future.failed() && (!CheckPreempt || !need_preempt());
+    }
+
+    template<typename U>
+    void await_suspend(std::coroutine_handle<U> hndl) noexcept {
+        _resume_or_destroy = try_future_resume_or_destroy_coroutine<T, U>;
+        _coroutine_task = &hndl.promise();
+        _waiting_task = hndl.promise().waiting_task();
+
+        if (!_future.available()) {
+            _future.set_coroutine(*this);
+        } else {
+            schedule(this);
+        }
+    }
+
+    T await_resume() {
+        if constexpr (std::is_void_v<T>) {
+            _future.get();
+        } else {
+            return std::move(_future).get();
+        }
+    }
+
+    virtual void run_and_dispose() noexcept override {
+        _resume_or_destroy(_future, *_coroutine_task);
+    }
+
+    virtual task* waiting_task() noexcept override {
+        return _waiting_task;
+    }
+};
+
+} // namespace seastar::internal
+
+namespace seastar::coroutine {
+
+/// \brief co_await:s a \ref future and returns the wrapped result if successful,
+/// terminates the coroutine otherwise, propagating the exception directly to the
+/// waiter.
+///
+/// If the future was successful, this is identical to co_await-ing the future
+/// directly. If the future failed, the coroutine is not resumed and instead the
+/// exception from the future is forwarded to the waiter directly and the
+/// coroutine is destroyed.
+///
+/// For example:
+/// ```
+/// // Function careful to not throw exceptions, instead returning failed futures.
+/// future<int> bar() {
+///    if (something_bad_happened) {
+///        return make_exception_future<>(std::runtime_error("error"));
+///    }
+///    return result;
+/// }
+///
+/// future<> foo() {
+///     auto result = co_await coroutine::try_future(bar());
+///     // This code is only executed if bar() returned a successful future.
+///     // Otherwise the exception is forwarded to the waiter future directly
+///     // and the coroutine is destroyed.
+///     check_result(result);
+/// }
+/// ```
+///
+/// Note that by default, `try_future` checks for if the task quota is depleted,
+/// which means that it will yield if the future is ready and \ref seastar::need_preempt()
+/// returns true.  Use \ref coroutine::try_future_without_preemption_check
+/// to disable preemption checking.
+template<typename T = void>
+class [[nodiscard]] try_future : public seastar::internal::try_future_awaiter<true, T> {
+public:
+    explicit try_future(seastar::future<T>&& f) noexcept
+        : seastar::internal::try_future_awaiter<true, T>(std::move(f))
+    {}
+};
+
+/// \brief co_await:s a \ref future, returns the wrapped result if successful,
+/// terminates the coroutine otherwise, propagating the exception to the waiter.
+///
+/// Same as \ref coroutine::try_future, but does not check for preemption.
+template<typename T = void>
+class [[nodiscard]] try_future_without_preemption_check : public seastar::internal::try_future_awaiter<false, T> {
+public:
+    explicit try_future_without_preemption_check(seastar::future<T>&& f) noexcept
+        : seastar::internal::try_future_awaiter<false, T>(std::move(f))
+    {}
+};
+
+} // namespace seastar::coroutine
diff --git a/tests/unit/coroutines_test.cc b/tests/unit/coroutines_test.cc
index 0b1d3e79c85..a0d86ba3b32 100644
--- a/tests/unit/coroutines_test.cc
+++ b/tests/unit/coroutines_test.cc
@@ -22,6 +22,7 @@
 #include <exception>
 #include <numeric>
 #include <ranges>
+#include <any>
 
 #include <seastar/core/circular_buffer.hh>
 #include <seastar/core/coroutine.hh>
@@ -35,8 +36,10 @@
 #include <seastar/coroutine/as_future.hh>
 #include <seastar/coroutine/exception.hh>
 #include <seastar/coroutine/generator.hh>
+#include <seastar/coroutine/try_future.hh>
 #include <seastar/testing/random.hh>
 #include <seastar/testing/test_case.hh>
+#include <seastar/util/defer.hh>
 #include <seastar/util/later.hh>
 
 using seastar::broken_promise;
@@ -1018,3 +1021,161 @@ SEASTAR_TEST_CASE(test_lambda_coroutine_in_continuation) {
     }));
     BOOST_REQUIRE_EQUAL(sin1, sin2);
 }
+
+class test_exception : std::exception { };
+
+future<> throw_void() {
+    fmt::print("throw_void()\n");
+    co_await sleep(1ms);
+    throw test_exception{};
+}
+
+future<> return_ex_void() {
+    fmt::print("return_ex_void()\n");
+    return make_exception_future<>(test_exception{});
+}
+
+future<> return_void() {
+    fmt::print("return_void()\n");
+    co_await sleep(1ms);
+}
+
+future<int> throw_int() {
+    fmt::print("throw_int()\n");
+    co_await sleep(1ms);
+    throw test_exception{};
+}
+
+future<int> return_ex_int() {
+    fmt::print("return_ex_int()\n");
+    return make_exception_future<int>(test_exception{});
+}
+
+future<int> return_int() {
+    fmt::print("return_int()\n");
+    co_await sleep(1ms);
+    co_return 128;
+}
+
+class dummy {
+    int& _c;
+
+public:
+    explicit dummy(int& c) : _c(c) { ++_c; }
+    dummy(const dummy& o) : _c(o._c) { ++_c; }
+    dummy(dummy&&) = delete;
+    ~dummy() { --_c; }
+};
+
+template <typename T>
+struct result_wrapper {
+    T value;
+    explicit result_wrapper(T v) : value(v) {}
+};
+
+template <>
+struct result_wrapper<seastar::internal::monostate> {
+};
+
+template <bool CheckPreempt, std::invocable<> F>
+// Use result_wrapper to create a mismatch between the return type of
+// the coroutine and that of the underlying function, to ensure that
+// try_future handles this case correctly.
+future<result_wrapper<typename std::invoke_result_t<F>::value_type>>
+do_run_try_future_test(F underlying_func, int& ctor_dtor_counter, bool& run_past) {
+    const auto check_cxx_exceptions_on_exit = seastar::defer([cxx_exception_before = seastar::engine().cxx_exceptions()] () noexcept {
+        if (seastar::engine().cxx_exceptions() != cxx_exception_before) {
+            // We are in a destructor, cannot throw
+            std::abort();
+        }
+    });
+
+    dummy d1{ctor_dtor_counter};
+    dummy d2{ctor_dtor_counter};
+
+    std::vector<dummy> dummies;
+    for (unsigned i = 0; i < 10; ++i) {
+        dummies.emplace_back(ctor_dtor_counter);
+    }
+
+    BOOST_REQUIRE_GT(ctor_dtor_counter, 0);
+
+    using return_future_type = std::invoke_result_t<F>;
+    using return_type = typename return_future_type::value_type;
+    constexpr bool is_void = std::is_same_v<return_future_type, future<>>;
+
+    std::any ret;
+
+    try {
+        if constexpr (is_void) {
+            if constexpr (CheckPreempt) {
+                co_await seastar::coroutine::try_future(underlying_func());
+            } else {
+                co_await seastar::coroutine::try_future_without_preemption_check(underlying_func());
+            }
+        } else {
+            if constexpr (CheckPreempt) {
+                ret = co_await seastar::coroutine::try_future(underlying_func());
+            } else {
+                ret = co_await seastar::coroutine::try_future_without_preemption_check(underlying_func());
+            }
+        }
+        run_past = true;
+    } catch (...) {
+        BOOST_FAIL(fmt::format("Exception should be handled in try_future, bug caught: {}", std::current_exception()));
+    }
+
+    if constexpr (is_void) {
+        co_return result_wrapper<seastar::internal::monostate>{};
+    } else {
+        co_return result_wrapper(std::any_cast<return_type>(ret));
+    }
+}
+
+template <bool CheckPreempt, std::invocable<> F>
+future<> run_try_future_test(F underlying_func, std::optional<std::any> expected_value, std::source_location sl = std::source_location::current()) {
+    fmt::print("running test case at {}:{}\n", sl.file_name(), sl.line());
+
+    int ctor_dtor_counter{0};
+    bool run_past{false};
+
+    const bool throws = !expected_value.has_value();
+
+    using return_future_type = std::invoke_result_t<F>;
+    using return_type = typename return_future_type::value_type;
+    constexpr bool is_void = std::is_same_v<return_future_type, future<>>;
+
+    try {
+        if constexpr (is_void) {
+            co_await do_run_try_future_test<CheckPreempt>(std::move(underlying_func), ctor_dtor_counter, run_past);
+            BOOST_REQUIRE(expected_value);
+        } else {
+            auto res = co_await do_run_try_future_test<CheckPreempt>(std::move(underlying_func), ctor_dtor_counter, run_past);
+            BOOST_REQUIRE(expected_value);
+            BOOST_REQUIRE_EQUAL(res.value, std::any_cast<return_type>(*expected_value));
+        }
+    } catch (test_exception&) {
+        BOOST_REQUIRE(throws);
+    } catch (...) {
+        BOOST_FAIL(fmt::format("Unexpected exception {}", std::current_exception()));
+    }
+
+    BOOST_REQUIRE_EQUAL(run_past, !throws);
+    BOOST_REQUIRE_EQUAL(ctor_dtor_counter, 0);
+}
+
+SEASTAR_TEST_CASE(test_try_future) {
+    co_await run_try_future_test<true>(return_void, std::any{});
+    co_await run_try_future_test<false>(return_void, std::any{});
+    co_await run_try_future_test<true>(return_ex_void, std::nullopt);
+    co_await run_try_future_test<false>(return_ex_void, std::nullopt);
+    co_await run_try_future_test<true>(throw_void, std::nullopt);
+    co_await run_try_future_test<false>(throw_void, std::nullopt);
+
+    co_await run_try_future_test<true>(return_int, 128);
+    co_await run_try_future_test<false>(return_int, 128);
+    co_await run_try_future_test<true>(return_ex_int, std::nullopt);
+    co_await run_try_future_test<false>(return_ex_int, std::nullopt);
+    co_await run_try_future_test<true>(throw_int, std::nullopt);
+    co_await run_try_future_test<false>(throw_int, std::nullopt);
+}