diff --git a/esphome/components/online_image/__init__.py b/esphome/components/online_image/__init__.py
index ca4eefea6f..fdb49fc493 100644
--- a/esphome/components/online_image/__init__.py
+++ b/esphome/components/online_image/__init__.py
@@ -61,8 +61,22 @@ class PNGFormat(Format):
         cg.add_library("pngle", "1.0.2")
 
 
+class BMPFormat(Format):
+    def __init__(self):
+        super().__init__("BMP")
+
+    def actions(self):
+        cg.add_define("USE_ONLINE_IMAGE_BMP_SUPPORT")
+
+
 # New formats can be added here.
-IMAGE_FORMATS = {x.image_type: x for x in (PNGFormat(),)}
+IMAGE_FORMATS = {
+    x.image_type: x
+    for x in (
+        PNGFormat(),
+        BMPFormat(),
+    )
+}
 
 OnlineImage = online_image_ns.class_("OnlineImage", cg.PollingComponent, Image_)
 
diff --git a/esphome/components/online_image/bmp_image.cpp b/esphome/components/online_image/bmp_image.cpp
new file mode 100644
index 0000000000..af9019a4d2
--- /dev/null
+++ b/esphome/components/online_image/bmp_image.cpp
@@ -0,0 +1,101 @@
+#include "bmp_image.h"
+
+#ifdef USE_ONLINE_IMAGE_BMP_SUPPORT
+
+#include "esphome/components/display/display.h"
+#include "esphome/core/helpers.h"
+#include "esphome/core/log.h"
+
+namespace esphome {
+namespace online_image {
+
+static const char *const TAG = "online_image.bmp";
+
+int HOT BmpDecoder::decode(uint8_t *buffer, size_t size) {
+  size_t index = 0;
+  if (this->current_index_ == 0 && index == 0 && size > 14) {
+    /**
+     * BMP file format:
+     * 0-1: Signature (BM)
+     * 2-5: File size
+     * 6-9: Reserved
+     * 10-13: Pixel data offset
+     *
+     * Integer values are stored in little-endian format.
+     */
+
+    // Check if the file is a BMP image
+    if (buffer[0] != 'B' || buffer[1] != 'M') {
+      ESP_LOGE(TAG, "Not a BMP file");
+      return DECODE_ERROR_INVALID_TYPE;
+    }
+
+    this->download_size_ = encode_uint32(buffer[5], buffer[4], buffer[3], buffer[2]);
+    this->data_offset_ = encode_uint32(buffer[13], buffer[12], buffer[11], buffer[10]);
+
+    this->current_index_ = 14;
+    index = 14;
+  }
+  if (this->current_index_ == 14 && index == 14 && size > this->data_offset_) {
+    /**
+     * BMP DIB header:
+     * 14-17: DIB header size
+     * 18-21: Image width
+     * 22-25: Image height
+     * 26-27: Number of color planes
+     * 28-29: Bits per pixel
+     * 30-33: Compression method
+     * 34-37: Image data size
+     * 38-41: Horizontal resolution
+     * 42-45: Vertical resolution
+     * 46-49: Number of colors in the color table
+     */
+
+    this->width_ = encode_uint32(buffer[21], buffer[20], buffer[19], buffer[18]);
+    this->height_ = encode_uint32(buffer[25], buffer[24], buffer[23], buffer[22]);
+    this->bits_per_pixel_ = encode_uint16(buffer[29], buffer[28]);
+    this->compression_method_ = encode_uint32(buffer[33], buffer[32], buffer[31], buffer[30]);
+    this->image_data_size_ = encode_uint32(buffer[37], buffer[36], buffer[35], buffer[34]);
+    this->color_table_entries_ = encode_uint32(buffer[49], buffer[48], buffer[47], buffer[46]);
+
+    switch (this->bits_per_pixel_) {
+      case 1:
+        this->width_bytes_ = (this->width_ % 8 == 0) ? (this->width_ / 8) : (this->width_ / 8 + 1);
+        break;
+      default:
+        ESP_LOGE(TAG, "Unsupported bits per pixel: %d", this->bits_per_pixel_);
+        return DECODE_ERROR_UNSUPPORTED_FORMAT;
+    }
+
+    if (this->compression_method_ != 0) {
+      ESP_LOGE(TAG, "Unsupported compression method: %d", this->compression_method_);
+      return DECODE_ERROR_UNSUPPORTED_FORMAT;
+    }
+
+    if (!this->set_size(this->width_, this->height_)) {
+      return DECODE_ERROR_OUT_OF_MEMORY;
+    }
+    this->current_index_ = this->data_offset_;
+    index = this->data_offset_;
+  }
+  while (index < size) {
+    size_t paint_index = this->current_index_ - this->data_offset_;
+
+    uint8_t current_byte = buffer[index];
+    for (uint8_t i = 0; i < 8; i++) {
+      size_t x = (paint_index * 8) % this->width_ + i;
+      size_t y = (this->height_ - 1) - (paint_index / this->width_bytes_);
+      Color c = (current_byte & (1 << (7 - i))) ? display::COLOR_ON : display::COLOR_OFF;
+      this->draw(x, y, 1, 1, c);
+    }
+    this->current_index_++;
+    index++;
+  }
+  this->decoded_bytes_ += size;
+  return size;
+};
+
+}  // namespace online_image
+}  // namespace esphome
+
+#endif  // USE_ONLINE_IMAGE_BMP_SUPPORT
diff --git a/esphome/components/online_image/bmp_image.h b/esphome/components/online_image/bmp_image.h
new file mode 100644
index 0000000000..61192f6a46
--- /dev/null
+++ b/esphome/components/online_image/bmp_image.h
@@ -0,0 +1,40 @@
+#pragma once
+
+#include "esphome/core/defines.h"
+#ifdef USE_ONLINE_IMAGE_BMP_SUPPORT
+
+#include "image_decoder.h"
+
+namespace esphome {
+namespace online_image {
+
+/**
+ * @brief Image decoder specialization for PNG images.
+ */
+class BmpDecoder : public ImageDecoder {
+ public:
+  /**
+   * @brief Construct a new BMP Decoder object.
+   *
+   * @param display The image to decode the stream into.
+   */
+  BmpDecoder(OnlineImage *image) : ImageDecoder(image) {}
+
+  int HOT decode(uint8_t *buffer, size_t size) override;
+
+ protected:
+  size_t current_index_{0};
+  ssize_t width_{0};
+  ssize_t height_{0};
+  uint16_t bits_per_pixel_{0};
+  uint32_t compression_method_{0};
+  uint32_t image_data_size_{0};
+  uint32_t color_table_entries_{0};
+  size_t width_bytes_{0};
+  size_t data_offset_{0};
+};
+
+}  // namespace online_image
+}  // namespace esphome
+
+#endif  // USE_ONLINE_IMAGE_BMP_SUPPORT
diff --git a/esphome/components/online_image/image_decoder.cpp b/esphome/components/online_image/image_decoder.cpp
index 50ec39dfcc..d0d0495ba6 100644
--- a/esphome/components/online_image/image_decoder.cpp
+++ b/esphome/components/online_image/image_decoder.cpp
@@ -8,10 +8,11 @@ namespace online_image {
 
 static const char *const TAG = "online_image.decoder";
 
-void ImageDecoder::set_size(int width, int height) {
-  this->image_->resize_(width, height);
+bool ImageDecoder::set_size(int width, int height) {
+  bool resized = this->image_->resize_(width, height);
   this->x_scale_ = static_cast<double>(this->image_->buffer_width_) / width;
   this->y_scale_ = static_cast<double>(this->image_->buffer_height_) / height;
+  return resized;
 }
 
 void ImageDecoder::draw(int x, int y, int w, int h, const Color &color) {
diff --git a/esphome/components/online_image/image_decoder.h b/esphome/components/online_image/image_decoder.h
index 7c5175d72d..3b04824bb9 100644
--- a/esphome/components/online_image/image_decoder.h
+++ b/esphome/components/online_image/image_decoder.h
@@ -4,6 +4,12 @@
 namespace esphome {
 namespace online_image {
 
+enum DecodeError : int {
+  DECODE_ERROR_INVALID_TYPE = -1,
+  DECODE_ERROR_UNSUPPORTED_FORMAT = -2,
+  DECODE_ERROR_OUT_OF_MEMORY = -3,
+};
+
 class OnlineImage;
 
 /**
@@ -45,8 +51,9 @@ class ImageDecoder {
    *
    * @param width The image's width.
    * @param height The image's height.
+   * @return true if the image was resized, false otherwise.
    */
-  void set_size(int width, int height);
+  bool set_size(int width, int height);
 
   /**
    * @brief Fill a rectangle on the display_buffer using the defined color.
diff --git a/esphome/components/online_image/online_image.cpp b/esphome/components/online_image/online_image.cpp
index 93d070c6a9..23fe61b534 100644
--- a/esphome/components/online_image/online_image.cpp
+++ b/esphome/components/online_image/online_image.cpp
@@ -10,6 +10,10 @@ static const char *const TAG = "online_image";
 #include "png_image.h"
 #endif
 
+#ifdef USE_ONLINE_IMAGE_BMP_SUPPORT
+#include "bmp_image.h"
+#endif
+
 namespace esphome {
 namespace online_image {
 
@@ -120,9 +124,14 @@ void OnlineImage::update() {
 
 #ifdef USE_ONLINE_IMAGE_PNG_SUPPORT
   if (this->format_ == ImageFormat::PNG) {
-    this->decoder_ = esphome::make_unique<PngDecoder>(this);
+    this->decoder_ = make_unique<PngDecoder>(this);
   }
 #endif  // ONLINE_IMAGE_PNG_SUPPORT
+#ifdef USE_ONLINE_IMAGE_BMP_SUPPORT
+  if (this->format_ == ImageFormat::BMP) {
+    this->decoder_ = make_unique<BmpDecoder>(this);
+  }
+#endif  // ONLINE_IMAGE_BMP_SUPPORT
 
   if (!this->decoder_) {
     ESP_LOGE(TAG, "Could not instantiate decoder. Image format unsupported.");
diff --git a/esphome/components/online_image/online_image.h b/esphome/components/online_image/online_image.h
index bafd8ba67e..849f860ad5 100644
--- a/esphome/components/online_image/online_image.h
+++ b/esphome/components/online_image/online_image.h
@@ -1,10 +1,10 @@
 #pragma once
 
+#include "esphome/components/http_request/http_request.h"
+#include "esphome/components/image/image.h"
 #include "esphome/core/component.h"
 #include "esphome/core/defines.h"
 #include "esphome/core/helpers.h"
-#include "esphome/components/http_request/http_request.h"
-#include "esphome/components/image/image.h"
 
 #include "image_decoder.h"
 
@@ -27,6 +27,8 @@ enum ImageFormat {
   JPEG,
   /** PNG format. */
   PNG,
+  /** BMP format. */
+  BMP,
 };
 
 /**
@@ -146,7 +148,7 @@ class OnlineImage : public PollingComponent,
    */
   int buffer_height_;
 
-  friend void ImageDecoder::set_size(int width, int height);
+  friend bool ImageDecoder::set_size(int width, int height);
   friend void ImageDecoder::draw(int x, int y, int w, int h, const Color &color);
 };
 
diff --git a/esphome/core/defines.h b/esphome/core/defines.h
index 96a05435ed..074b19809f 100644
--- a/esphome/core/defines.h
+++ b/esphome/core/defines.h
@@ -60,6 +60,7 @@
 #define USE_NETWORK
 #define USE_NEXTION_TFT_UPLOAD
 #define USE_NUMBER
+#define USE_ONLINE_IMAGE_BMP_SUPPORT
 #define USE_ONLINE_IMAGE_PNG_SUPPORT
 #define USE_OTA
 #define USE_OTA_PASSWORD
diff --git a/tests/components/online_image/common.yaml b/tests/components/online_image/common.yaml
index 6c161e4f20..d75900adf9 100644
--- a/tests/components/online_image/common.yaml
+++ b/tests/components/online_image/common.yaml
@@ -26,6 +26,10 @@ online_image:
     format: PNG
     type: RGB
     transparency: chroma_key
+  - id: online_binary_bmp
+    url: https://samples-files.com/samples/images/bmp/480-360-sample.bmp
+    format: BMP
+    type: BINARY
 
 # Check the set_url action
 esphome: