diff --git a/CODEOWNERS b/CODEOWNERS
index 9159f5f843..a06f0620c6 100644
--- a/CODEOWNERS
+++ b/CODEOWNERS
@@ -139,6 +139,7 @@ esphome/components/ezo_pmp/* @carlos-sarmiento
 esphome/components/factory_reset/* @anatoly-savchenkov
 esphome/components/fastled_base/* @OttoWinter
 esphome/components/feedback/* @ianchi
+esphome/components/file/* @jesserockz
 esphome/components/fingerprint_grow/* @OnFreund @alexborro @loongyh
 esphome/components/font/* @clydebarrow @esphome/core
 esphome/components/fs3000/* @kahrendt
diff --git a/esphome/components/file/__init__.py b/esphome/components/file/__init__.py
new file mode 100644
index 0000000000..b31fa94a2f
--- /dev/null
+++ b/esphome/components/file/__init__.py
@@ -0,0 +1,148 @@
+import hashlib
+import logging
+from pathlib import Path
+
+from magic import Magic
+
+from esphome import external_files
+import esphome.codegen as cg
+import esphome.config_validation as cv
+from esphome.const import (
+    CONF_FILE,
+    CONF_FORMAT,
+    CONF_ID,
+    CONF_PATH,
+    CONF_TYPE,
+    CONF_URL,
+)
+from esphome.core import CORE, HexInt
+from esphome.external_files import download_content
+
+_LOGGER = logging.getLogger(__name__)
+
+
+CODEOWNERS = ["@jesserockz"]
+DOMAIN = "file"
+MULTI_CONF = True
+
+TYPE_LOCAL = "local"
+TYPE_WEB = "web"
+
+FORMAT_RAW = "raw"
+FORMAT_WAV = "wav"
+
+FORMATS = [FORMAT_RAW, FORMAT_WAV]
+
+
+def _compute_local_file_path(value: dict) -> Path:
+    url = value[CONF_URL]
+    h = hashlib.new("sha256")
+    h.update(url.encode())
+    key = h.hexdigest()[:8]
+    base_dir = external_files.compute_local_file_dir(DOMAIN)
+    _LOGGER.debug("_compute_local_file_path: base_dir=%s", base_dir / key)
+    return base_dir / key
+
+
+def _download_web_file(value: dict) -> dict:
+    url = value[CONF_URL]
+    path = _compute_local_file_path(value)
+
+    download_content(url, path)
+    _LOGGER.debug("download_web_file: path=%s", path)
+    return value
+
+
+LOCAL_SCHEMA = cv.Schema(
+    {
+        cv.Required(CONF_PATH): cv.file_,
+    }
+)
+
+WEB_SCHEMA = cv.All(
+    {
+        cv.Required(CONF_URL): cv.url,
+    },
+    _download_web_file,
+)
+
+
+def _validate_file_shorthand(value):
+    value = cv.string_strict(value)
+    if value.startswith("http://") or value.startswith("https://"):
+        return _file_schema(
+            {
+                CONF_TYPE: TYPE_WEB,
+                CONF_URL: value,
+            }
+        )
+    return _file_schema(
+        {
+            CONF_TYPE: TYPE_LOCAL,
+            CONF_PATH: value,
+        }
+    )
+
+
+TYPED_FILE_SCHEMA = cv.typed_schema(
+    {
+        TYPE_LOCAL: LOCAL_SCHEMA,
+        TYPE_WEB: WEB_SCHEMA,
+    },
+)
+
+
+def _file_schema(value):
+    if isinstance(value, str):
+        return _validate_file_shorthand(value)
+    return TYPED_FILE_SCHEMA(value)
+
+
+CONFIG_SCHEMA = cv.Schema(
+    {
+        cv.Required(CONF_ID): cv.declare_id(cg.uint8),
+        cv.Required(CONF_FILE): _file_schema,
+        cv.Optional(CONF_FORMAT): cv.one_of(*FORMATS, lower=True),
+    }
+)
+
+
+def _trim_wav_file(data: bytes) -> bytes:
+    header = []
+    index = 0
+    length = len(data)
+    while index < length:
+        byte = data[index : index + 1]
+        if byte == b"":
+            raise ValueError("Could not find data in wav file")
+        header.append(byte)
+        index += 1
+        if header[-4:] == [b"d", b"a", b"t", b"a"] or index > 100:
+            break
+    index += 2
+    return data[index:]
+
+
+async def to_code(config: dict) -> None:
+    conf_file: dict = config[CONF_FILE]
+    file_source = conf_file[CONF_TYPE]
+    if file_source == TYPE_LOCAL:
+        path = CORE.relative_config_path(conf_file[CONF_PATH])
+    elif file_source == TYPE_WEB:
+        path = _compute_local_file_path(conf_file)
+
+    with open(path, "rb") as f:
+        data = f.read()
+
+    # Get format from config or fallback to magic
+    if (format := config.get(CONF_FORMAT)) is None:
+        magic = Magic(mime=True)
+        file_type = magic.from_buffer(data)
+        if "wav" in file_type:
+            format = FORMAT_WAV
+
+    if format == FORMAT_WAV:
+        data = _trim_wav_file(data)
+
+    rhs = [HexInt(x) for x in data]
+    cg.progmem_array(config[CONF_ID], rhs)
diff --git a/tests/components/file/bloop.wav b/tests/components/file/bloop.wav
new file mode 100644
index 0000000000..85bdb2f783
Binary files /dev/null and b/tests/components/file/bloop.wav differ
diff --git a/tests/components/file/test.esp32-idf.yaml b/tests/components/file/test.esp32-idf.yaml
new file mode 100644
index 0000000000..a663e12d46
--- /dev/null
+++ b/tests/components/file/test.esp32-idf.yaml
@@ -0,0 +1,7 @@
+file:
+  - id: bloop_local
+    file: ../../components/file/bloop.wav
+  - id: bloop_web
+    # TODO: Change to ESPHome URL after file is merged
+    # file: https://github.com/esphome/esphome/raw/dev/tests/components/file/bloop.wav
+    file: https://github.com/jesserockz/esphome-components/raw/main/tests/file/bloop.wav