diff --git a/src/components/index.ts b/src/components/index.ts
index 40294d1f..cece20ee 100644
--- a/src/components/index.ts
+++ b/src/components/index.ts
@@ -15,4 +15,5 @@ export * from "./page";
 export * from "./paginator";
 export * from "./tabs";
 export * from "./toolbar";
+export * from "./tooltip";
 export * from "./typography";
diff --git a/src/components/tooltip/index.ts b/src/components/tooltip/index.ts
new file mode 100644
index 00000000..3c61782a
--- /dev/null
+++ b/src/components/tooltip/index.ts
@@ -0,0 +1 @@
+export * from "./tooltip";
diff --git a/src/components/tooltip/tooltip.scss b/src/components/tooltip/tooltip.scss
new file mode 100644
index 00000000..ced8a75b
--- /dev/null
+++ b/src/components/tooltip/tooltip.scss
@@ -0,0 +1,35 @@
+.mykn-tooltip {
+  transition: opacity 0.5s;
+  transform: scale(0.8);
+  opacity: 0;
+  border-radius: var(--border-radius-m);
+
+  &--open {
+    opacity: 1;
+    background-color: var(--theme-color-primary-200);
+    box-shadow: 0 0 10px 0 rgba(0, 0, 0, 0.1);
+    transform: scale(1);
+  }
+
+  &__arrow {
+    fill: var(--theme-color-tertiary-400);
+  }
+
+  &__content {
+    padding: var(--spacing-h-m) var(--spacing-v-m);
+    box-sizing: border-box;
+    overflow-wrap: break-word;
+
+    &--sm {
+      max-width: 200px;
+    }
+
+    &--md {
+      max-width: 400px;
+    }
+
+    &--lg {
+      max-width: 600px;
+    }
+  }
+}
diff --git a/src/components/tooltip/tooltip.stories.tsx b/src/components/tooltip/tooltip.stories.tsx
new file mode 100644
index 00000000..6465cc2e
--- /dev/null
+++ b/src/components/tooltip/tooltip.stories.tsx
@@ -0,0 +1,97 @@
+import type { Meta, StoryObj } from "@storybook/react";
+import React from "react";
+
+import { Button } from "../button";
+import { Outline } from "../icon";
+import { Tooltip } from "./tooltip";
+
+const meta = {
+  title: "Controls/Tooltip",
+  component: Tooltip,
+  decorators: [
+    (Story) => (
+      <div style={{ padding: "2rem" }}>
+        <Story />
+      </div>
+    ),
+  ],
+} satisfies Meta<typeof Tooltip>;
+
+export default meta;
+type Story = StoryObj<typeof meta>;
+
+export const TooltipComponent: Story = {
+  args: {
+    children: (
+      <Button variant="transparent">
+        <Outline.InformationCircleIcon>Hover me</Outline.InformationCircleIcon>
+      </Button>
+    ),
+    content:
+      "This tooltip works by hovering over any react element, and it can be placed in any direction.",
+  },
+};
+
+export const TooltipTop: Story = {
+  args: {
+    ...TooltipComponent.args,
+    placement: "top",
+  },
+  decorators: [
+    (Story) => (
+      <div style={{ paddingTop: "4rem" }}>
+        <Story />
+      </div>
+    ),
+  ],
+};
+
+export const TooltipRight: Story = {
+  args: {
+    ...TooltipComponent.args,
+    placement: "right",
+  },
+};
+
+export const TooltipBottom: Story = {
+  args: {
+    ...TooltipComponent.args,
+    placement: "bottom",
+  },
+};
+
+export const TooltipLeft: Story = {
+  args: {
+    ...TooltipComponent.args,
+    placement: "left",
+  },
+  decorators: [
+    (Story) => (
+      <div style={{ display: "flex", justifyContent: "end" }}>
+        <Story />
+      </div>
+    ),
+  ],
+};
+
+export const TooltipBigText: Story = {
+  args: {
+    ...TooltipComponent.args,
+    content: (
+      <div>
+        <p>
+          This tooltip works by hovering over any react element, and it can be
+          placed in any direction.
+        </p>
+        <p>
+          This tooltip works by hovering over any react element, and it can be
+          placed in any direction.
+        </p>
+        <p>
+          This tooltip works by hovering over any react element, and it can be
+          placed in any direction.
+        </p>
+      </div>
+    ),
+  },
+};
diff --git a/src/components/tooltip/tooltip.tsx b/src/components/tooltip/tooltip.tsx
new file mode 100644
index 00000000..e3a49890
--- /dev/null
+++ b/src/components/tooltip/tooltip.tsx
@@ -0,0 +1,114 @@
+import {
+  FloatingArrow,
+  Placement,
+  arrow,
+  autoUpdate,
+  flip,
+  offset,
+  shift,
+  useDismiss,
+  useFloating,
+  useFocus,
+  useHover,
+  useInteractions,
+  useRole,
+  useTransitionStyles,
+} from "@floating-ui/react";
+import clsx from "clsx";
+import React, { ReactNode, useRef, useState } from "react";
+
+import { P } from "../typography";
+import "./tooltip.scss";
+
+type TooltipProps = React.PropsWithChildren<{
+  /* The content to display in the tooltip */
+  content?: ReactNode;
+
+  /* The placement of the tooltip */
+  placement?: Placement;
+
+  /* The size of the tooltip, defaults to md */
+  size?: "sm" | "md" | "lg";
+}>;
+
+export const Tooltip = ({
+  content,
+  children,
+  placement,
+  size = "md",
+}: TooltipProps) => {
+  const [isOpen, setIsOpen] = useState(false);
+  const arrowRef = useRef(null);
+
+  const {
+    refs: { setReference, setFloating },
+    floatingStyles,
+    context,
+  } = useFloating({
+    open: isOpen,
+    onOpenChange: setIsOpen,
+    placement,
+    middleware: [
+      offset(12),
+      flip(),
+      shift(),
+      arrow({
+        element: arrowRef,
+      }),
+    ],
+    whileElementsMounted: autoUpdate,
+  });
+
+  const hover = useHover(context, { move: false });
+  const focus = useFocus(context);
+  const dismiss = useDismiss(context);
+  const role = useRole(context, { role: "tooltip" });
+
+  const { getReferenceProps, getFloatingProps } = useInteractions([
+    hover,
+    focus,
+    dismiss,
+    role,
+  ]);
+
+  const { styles: transitionStyles } = useTransitionStyles(context, {
+    initial: {
+      opacity: 0,
+      transform: "scale(0.8)",
+    },
+  });
+
+  return (
+    <>
+      {React.cloneElement(children as React.ReactElement, {
+        ...getReferenceProps(),
+        ref: setReference,
+      })}
+      <div
+        ref={setFloating}
+        style={{ ...floatingStyles, zIndex: 1 }}
+        {...getFloatingProps({
+          className: clsx("mykn-tooltip", {
+            "mykn-tooltip--open": isOpen,
+          }),
+        })}
+      >
+        <div
+          style={transitionStyles}
+          className={clsx("mykn-tooltip__content", {
+            "mykn-tooltip__content--sm": size === "sm",
+            "mykn-tooltip__content--md": size === "md",
+            "mykn-tooltip__content--lg": size === "lg",
+          })}
+        >
+          <FloatingArrow
+            ref={arrowRef}
+            context={context}
+            className="mykn-tooltip__arrow"
+          />
+          <P size="xs">{content}</P>
+        </div>
+      </div>
+    </>
+  );
+};