diff --git a/packages/circuit-ui/components/ColorInput/ColorInput.mdx b/packages/circuit-ui/components/ColorInput/ColorInput.mdx
new file mode 100644
index 0000000000..abd9b15499
--- /dev/null
+++ b/packages/circuit-ui/components/ColorInput/ColorInput.mdx
@@ -0,0 +1,13 @@
+import { Meta, Status, Props, Story } from '../../../../.storybook/components';
+import * as Stories from './ColorInput.stories';
+
+<Meta of={Stories} />
+
+# ColorInput
+
+<Status variant="stable" />
+
+The ColorInput component enables users to submit or select a color.
+
+<Story of={Stories.Base} />
+<Props />
diff --git a/packages/circuit-ui/components/ColorInput/ColorInput.module.css b/packages/circuit-ui/components/ColorInput/ColorInput.module.css
new file mode 100644
index 0000000000..43e8eacb15
--- /dev/null
+++ b/packages/circuit-ui/components/ColorInput/ColorInput.module.css
@@ -0,0 +1,42 @@
+.suffix {
+  overflow: hidden;
+  border-top-right-radius: var(--cui-border-radius-byte);
+  border-bottom-right-radius: var(--cui-border-radius-byte);
+  pointer-events: auto !important;
+  border: none;
+  border-left: 1px solid var(--cui-border-normal);
+  width: var(--cui-spacings-exa);
+  height: var(--cui-spacings-exa);
+  position: absolute;
+  top: 0;
+  right: 0;
+  box-shadow: none;
+}
+
+.prefix {
+  display: flex;
+  align-items: center;
+  justify-content: center;
+  line-height: var(--cui-spacings-mega);
+}
+
+.colorInput {
+  opacity: 0;
+  width: var(--cui-spacings-exa);
+  height: var(--cui-spacings-exa);
+  border: none;
+  box-shadow: none;
+  padding: 0;
+}
+
+.input {
+  font-family: var(--cui-font-stack-mono);
+}
+
+.colorpick {
+  display: inline-block;
+}
+
+.colorpick:focus-within input {
+  box-shadow: 0 0 0 2px var(--cui-border-accent);
+}
\ No newline at end of file
diff --git a/packages/circuit-ui/components/ColorInput/ColorInput.spec.tsx b/packages/circuit-ui/components/ColorInput/ColorInput.spec.tsx
new file mode 100644
index 0000000000..13cd2821d2
--- /dev/null
+++ b/packages/circuit-ui/components/ColorInput/ColorInput.spec.tsx
@@ -0,0 +1,39 @@
+/**
+ * Copyright 2019, SumUp Ltd.
+ * Licensed under the Apache License, Version 2.0 (the "License");
+ * 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.
+ */
+
+import { describe, expect, it } from 'vitest';
+import { createRef } from 'react';
+
+import { render, axe } from '../../util/test-utils.js';
+import type { InputElement } from '../Input/index.js';
+
+import { ColorInput } from './ColorInput.js';
+
+describe('SearchInput', () => {
+  const baseProps = { label: 'Car color', pickerLabel: 'Pick car color' };
+
+  it('should forward a ref', () => {
+    const ref = createRef<InputElement>();
+    const { container } = render(<ColorInput {...baseProps} ref={ref} />);
+    const input = container.querySelector("input[type='color']");
+    expect(ref.current).toBe(input);
+  });
+
+  it('should have no accessibility violations', async () => {
+    const { container } = render(<ColorInput {...baseProps} />);
+    const actual = await axe(container);
+    expect(actual).toHaveNoViolations();
+  });
+});
diff --git a/packages/circuit-ui/components/ColorInput/ColorInput.stories.tsx b/packages/circuit-ui/components/ColorInput/ColorInput.stories.tsx
new file mode 100644
index 0000000000..d5411c4424
--- /dev/null
+++ b/packages/circuit-ui/components/ColorInput/ColorInput.stories.tsx
@@ -0,0 +1,33 @@
+/**
+ * Copyright 2019, SumUp Ltd.
+ * Licensed under the Apache License, Version 2.0 (the "License");
+ * 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.
+ */
+
+import { ColorInput, type ColorInputProps } from './ColorInput.js';
+
+export default {
+  title: 'Forms/Input/ColorInput',
+  component: ColorInput,
+};
+
+const baseArgs = {
+  label: 'Color',
+  pickerLabel: 'Pick color',
+  placeholder: 'abc321',
+};
+
+export const Base = (args: ColorInputProps) => (
+  <ColorInput {...args} style={{ maxWidth: '250px' }} />
+);
+
+Base.args = baseArgs;
diff --git a/packages/circuit-ui/components/ColorInput/ColorInput.tsx b/packages/circuit-ui/components/ColorInput/ColorInput.tsx
new file mode 100644
index 0000000000..f01c53c31a
--- /dev/null
+++ b/packages/circuit-ui/components/ColorInput/ColorInput.tsx
@@ -0,0 +1,142 @@
+/**
+ * Copyright 2024, SumUp Ltd.
+ * Licensed under the Apache License, Version 2.0 (the "License");
+ * 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.
+ */
+
+'use client';
+
+import {
+  forwardRef,
+  useCallback,
+  useEffect,
+  useId,
+  useRef,
+  useState,
+  type ChangeEventHandler,
+} from 'react';
+
+import { Input, type InputElement, type InputProps } from '../Input/index.js';
+import { clsx } from '../../styles/clsx.js';
+import { FieldLabel, FieldLabelText } from '../Field/index.js';
+import { applyMultipleRefs } from '../../util/refs.js';
+
+import styles from './ColorInput.module.css';
+
+export interface ColorInputProps
+  extends Omit<
+    InputProps,
+    | 'ref'
+    | 'type'
+    | 'defaultValue'
+    | 'value'
+    | 'placeholder'
+    | 'maxLength'
+    | 'pattern'
+    | 'renderPrefix'
+    | 'renderSuffix'
+    | 'as'
+  > {
+  /**
+   * A short string that is shown inside the empty input.
+   */
+  placeholder?: string;
+  /**
+   * The value of the input element.
+   */
+  value?: string;
+  /**
+   * The default value of the input element.
+   */
+  defaultValue?: string;
+  /*
+   * Picker label describes the color picker which serves as an alternative
+   * to the hex color input.
+   */
+  pickerLabel: string;
+}
+
+export const ColorInput = forwardRef<InputElement, ColorInputProps>(
+  (
+    { onChange, className, value, defaultValue, pickerLabel, ...props },
+    ref,
+  ) => {
+    const [currentColor, setCurrentColor] = useState<string | undefined>(
+      defaultValue,
+    );
+    const colorDisplayRef = useRef<HTMLDivElement>(null);
+    const colorPickerRef = useRef<InputElement>(null);
+    const pickerId = useId();
+
+    const onPickerColorChange: ChangeEventHandler<InputElement> = (e) => {
+      setCurrentColor(e.target.value);
+      if (onChange) {
+        onChange(e);
+      }
+    };
+
+    const onInputChange: ChangeEventHandler<InputElement> = (e) => {
+      if (colorPickerRef.current) {
+        colorPickerRef.current.value = `#${e.target.value}`;
+      }
+      setCurrentColor(`#${e.target.value}`);
+    };
+
+    useEffect(() => {
+      if (colorDisplayRef.current && currentColor) {
+        colorDisplayRef.current.style.backgroundColor = currentColor;
+      }
+    }, [currentColor]);
+
+    const renderSuffix = useCallback(
+      () => (
+        <div
+          className={clsx(styles.suffix)}
+          ref={colorDisplayRef}
+          style={{ backgroundColor: currentColor }}
+        >
+          <FieldLabel htmlFor={pickerId}>
+            <FieldLabelText label={pickerLabel} hideLabel />
+          </FieldLabel>
+          <input
+            type="color"
+            id={pickerId}
+            className={styles.colorInput}
+            onChange={onPickerColorChange}
+            ref={applyMultipleRefs(colorPickerRef, ref)}
+          />
+        </div>
+      ),
+      [],
+    );
+
+    return (
+      <Input
+        className={styles.colorpick}
+        renderPrefix={({ className }) => (
+          <div className={clsx(className, styles.prefix)}>
+            <span>#</span>
+          </div>
+        )}
+        renderSuffix={renderSuffix}
+        value={currentColor ? currentColor.replace('#', '') : undefined}
+        inputClassName={styles.input}
+        maxLength={6}
+        pattern="[0-9a-f]{3,6}"
+        onChange={onInputChange}
+        {...props}
+      />
+    );
+  },
+);
+
+ColorInput.displayName = 'ColorInput';
diff --git a/packages/circuit-ui/components/ColorInput/index.ts b/packages/circuit-ui/components/ColorInput/index.ts
new file mode 100644
index 0000000000..4e31720a5c
--- /dev/null
+++ b/packages/circuit-ui/components/ColorInput/index.ts
@@ -0,0 +1,18 @@
+/**
+ * Copyright 2019, SumUp Ltd.
+ * Licensed under the Apache License, Version 2.0 (the "License");
+ * 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.
+ */
+
+export { ColorInput } from './ColorInput.js';
+
+export type { ColorInputProps } from './ColorInput.js';