diff --git a/packages/@react-spectrum/s2/src/Menu.tsx b/packages/@react-spectrum/s2/src/Menu.tsx
index cb8a50dcbbd..b7ba4ece592 100644
--- a/packages/@react-spectrum/s2/src/Menu.tsx
+++ b/packages/@react-spectrum/s2/src/Menu.tsx
@@ -15,6 +15,7 @@ import {
   Menu as AriaMenu,
   MenuItem as AriaMenuItem,
   MenuItemProps as AriaMenuItemProps,
+  MenuLoadMoreItem as AriaMenuLoadMoreItem,
   MenuProps as AriaMenuProps,
   MenuSection as AriaMenuSection,
   MenuSectionProps as AriaMenuSectionProps,
@@ -24,6 +25,14 @@ import {
   SubmenuTriggerProps as AriaSubmenuTriggerProps,
   MenuItemRenderProps
 } from 'react-aria-components/Menu';
+import {
+  AsyncLoadable,
+  DOMRef,
+  DOMRefValue,
+  GlobalDOMAttributes,
+  LoadingState,
+  PressEvent
+} from '@react-types/shared';
 import {
   baseColor,
   centerPadding,
@@ -37,6 +46,7 @@ import {box, iconStyles} from './Checkbox';
 import {centerBaseline} from './CenterBaseline';
 import CheckmarkIcon from '../ui-icons/Checkmark';
 import ChevronRightIcon from '../ui-icons/Chevron';
+import {Collection} from 'react-aria/Collection';
 import {ContextValue, DEFAULT_SLOT, Provider, useSlottedContext} from 'react-aria-components/slots';
 import {
   control,
@@ -56,7 +66,6 @@ import {
   useState
 } from 'react';
 import {divider} from './Divider';
-import {DOMRef, DOMRefValue, GlobalDOMAttributes, PressEvent} from '@react-types/shared';
 import {edgeToText} from '../style/spectrum-theme' with {type: 'macro'};
 import {forwardRefType} from './types';
 import {HeaderContext, HeadingContext, KeyboardContext, Text, TextContext} from './Content';
@@ -70,6 +79,7 @@ import {mergeStyles} from '../style/runtime';
 import {Placement} from 'react-aria/useOverlayPosition';
 import {PressResponder} from 'react-aria/private/interactions/PressResponder';
 import {pressScale} from './pressScale';
+import {ProgressCircle} from './ProgressCircle';
 import {Separator, SeparatorProps} from 'react-aria-components/Separator';
 import {ToggleButtonContext} from './ToggleButton';
 import {useGlobalListeners} from 'react-aria/private/utils/useGlobalListeners';
@@ -107,6 +117,7 @@ export interface MenuProps<T>
       AriaMenuProps<T>,
       'children' | 'style' | 'className' | 'render' | 'renderEmptyState' | keyof GlobalDOMAttributes
     >,
+    Pick<AsyncLoadable, 'onLoadMore'>,
     StyleProps {
   /**
    * The size of the Menu.
@@ -120,6 +131,11 @@ export interface MenuProps<T>
   children: ReactNode | ((item: T) => ReactNode);
   /** Hides the default link out icons on menu items that open links in a new tab. */
   hideLinkOutIcon?: boolean;
+  /**
+   * The current loading state of the Menu. Determines whether or not the progress circle should
+   * be shown, and whether a "no results" message is displayed when there are no items.
+   */
+  loadingState?: LoadingState;
 }
 
 export const MenuContext =
@@ -413,6 +429,50 @@ let wrappingDiv = style({
   size: 'full'
 });
 
+const loadingWrapperStyles = style({
+  gridColumnStart: '1',
+  gridColumnEnd: '-1',
+  display: 'flex',
+  alignItems: 'center',
+  justifyContent: 'center',
+  marginY: 8
+});
+
+const progressCircleStyles = style({
+  size: {
+    size: {
+      S: 16,
+      M: 20,
+      L: 22,
+      XL: 26
+    }
+  }
+});
+
+const emptyStateText = style({
+  gridColumnStart: '1',
+  gridColumnEnd: '-1',
+  height: {
+    size: {
+      S: 24,
+      M: 32,
+      L: 40,
+      XL: 48
+    }
+  },
+  font: {
+    size: {
+      S: 'ui-sm',
+      M: 'ui',
+      L: 'ui-lg',
+      XL: 'ui-xl'
+    }
+  },
+  display: 'flex',
+  alignItems: 'center',
+  paddingStart: 'edge-to-text'
+});
+
 /**
  * Menus display a list of actions or options that a user can choose.
  */
@@ -428,10 +488,48 @@ export const Menu = /*#__PURE__*/ (forwardRef as forwardRefType)(function Menu<T
     UNSAFE_style,
     UNSAFE_className,
     styles,
-    hideLinkOutIcon = false
+    hideLinkOutIcon = false,
+    items,
+    loadingState,
+    onLoadMore
   } = props;
   let ctx = useContext(InternalMenuTriggerContext);
   let inPopover = useContext(InPopoverContext);
+  let stringFormatter = useLocalizedStringFormatter(intlMessages, '@react-spectrum/s2');
+
+  let menuLoadingCircle = (
+    <AriaMenuLoadMoreItem
+      isLoading={loadingState === 'loadingMore'}
+      onLoadMore={onLoadMore}
+      className={loadingWrapperStyles}>
+      <ProgressCircle
+        isIndeterminate
+        size="S"
+        styles={progressCircleStyles({size})}
+        // Same loading string as table
+        aria-label={stringFormatter.format('table.loadingMore')}
+      />
+    </AriaMenuLoadMoreItem>
+  );
+
+  let renderer;
+  if (typeof children === 'function' && items) {
+    renderer = (
+      <>
+        <Collection items={items} dependencies={props.dependencies}>
+          {children}
+        </Collection>
+        {menuLoadingCircle}
+      </>
+    );
+  } else {
+    renderer = (
+      <>
+        {children}
+        {menuLoadingCircle}
+      </>
+    );
+  }
 
   let isPopover = (ctx || isSubmenu) && !inPopover;
   let content = (
@@ -457,8 +555,27 @@ export const Menu = /*#__PURE__*/ (forwardRef as forwardRefType)(function Menu<T
           ],
           [InPopoverContext, false]
         ]}>
-        <AriaMenu {...props} className={menu({size, isPopover}, isPopover ? null : styles)}>
-          {children}
+        <AriaMenu
+          {...props}
+          className={menu({size, isPopover}, isPopover ? null : styles)}
+          renderEmptyState={() =>
+            loadingState === 'loading' ? (
+              <div className={loadingWrapperStyles}>
+                <ProgressCircle
+                  isIndeterminate
+                  size="S"
+                  styles={progressCircleStyles({size})}
+                  // Same loading string as table
+                  aria-label={stringFormatter.format('table.loading')}
+                />
+              </div>
+            ) : (
+              <span className={emptyStateText({size})}>
+                {stringFormatter.format('combobox.noResults')}
+              </span>
+            )
+          }>
+          {renderer}
         </AriaMenu>
       </Provider>
     </InternalMenuContext.Provider>
diff --git a/packages/@react-spectrum/s2/stories/Menu.stories.tsx b/packages/@react-spectrum/s2/stories/Menu.stories.tsx
index 73e930bb138..2dddea902fe 100644
--- a/packages/@react-spectrum/s2/stories/Menu.stories.tsx
+++ b/packages/@react-spectrum/s2/stories/Menu.stories.tsx
@@ -54,6 +54,7 @@ import StampClone from '../s2wf-icons/S2_Icon_StampClone_20_N.svg';
 import TextIcon from '../s2wf-icons/S2_Icon_Text_20_N.svg';
 import {ToggleButton} from '../src/ToggleButton';
 import Underline from '../s2wf-icons/S2_Icon_TextUnderline_20_N.svg';
+import {useAsyncList} from 'react-stately/useAsyncList';
 
 const events = ['onAction', 'onClose', 'onOpenChange', 'onScroll', 'onSelectionChange'];
 
@@ -448,6 +449,68 @@ export const ContextMenu: Story = {
   )
 };
 
+interface Character {
+  name: string;
+}
+
+const AsyncMenuRender = (args: MenuProps<Character> & {delay: number}): ReactElement => {
+  let list = useAsyncList<Character>({
+    async load({signal, cursor}) {
+      if (cursor) {
+        cursor = cursor.replace(/^http:\/\//i, 'https://');
+      }
+
+      // Slow down load so progress circle can appear
+      await new Promise(resolve => setTimeout(resolve, args.delay));
+      let res = await fetch(cursor || 'https://swapi.py4e.com/api/people/', {signal});
+      let json = await res.json();
+
+      return {
+        items: json.results,
+        cursor: json.next
+      };
+    }
+  });
+
+  return (
+    <MenuTrigger>
+      <Button aria-label="Select Character">
+        <NewIcon />
+      </Button>
+      <Menu
+        {...args}
+        aria-label="Star Wars Characters"
+        items={list.items}
+        loadingState={list.loadingState}
+        onLoadMore={list.loadMore}>
+        {(item: Character) => <MenuItem id={item.name}>{item.name}</MenuItem>}
+      </Menu>
+    </MenuTrigger>
+  );
+};
+
+export type AsyncMenuStoryType = typeof AsyncMenuRender;
+export const AsyncMenuStory: StoryObj<AsyncMenuStoryType> = {
+  render: AsyncMenuRender,
+  args: {
+    delay: 50
+  },
+  name: 'Async loading menu'
+};
+
+export const EmptyState: Story = {
+  render: args => (
+    <MenuTrigger {...args}>
+      <Button aria-label="Actions">
+        <NewIcon />
+      </Button>
+      <Menu {...args} items={[]}>
+        {() => <MenuItem>Never rendered</MenuItem>}
+      </Menu>
+    </MenuTrigger>
+  )
+};
+
 export const HoldAffordance: Story = {
   render: args => (
     <div
diff --git a/packages/@react-spectrum/s2/test/Menu.test.tsx b/packages/@react-spectrum/s2/test/Menu.test.tsx
index c2359cb0c99..5e20b9ac2f0 100644
--- a/packages/@react-spectrum/s2/test/Menu.test.tsx
+++ b/packages/@react-spectrum/s2/test/Menu.test.tsx
@@ -15,7 +15,9 @@ import {
   installPointerEvent,
   pointerMap,
   render,
-  User
+  setupIntersectionObserverMock,
+  User,
+  within
 } from '@react-spectrum/test-utils-internal';
 import {ActionButton, ActionButtonContext} from '../src/ActionButton';
 import {AriaMenuTests} from '../../../react-aria-components/test/AriaMenu.test-util';
@@ -379,3 +381,85 @@ AriaMenuTests({
       )
   }
 });
+
+describe('Async loading', () => {
+  let testUtilUser = new User({advanceTimer: jest.advanceTimersByTime});
+
+  beforeAll(() => {
+    jest.useFakeTimers();
+  });
+
+  afterEach(() => {
+    act(() => jest.runAllTimers());
+    jest.clearAllMocks();
+  });
+
+  afterAll(() => {
+    jest.useRealTimers();
+  });
+
+  it('should show a "No results" message when there are no items and it is not loading', async () => {
+    let {getByRole} = render(
+      <MenuTrigger>
+        <Button variant="primary">Menu Button</Button>
+        <Menu aria-label="Test" items={[]}>
+          {(item: any) => <MenuItem id={item.id}>{item.name}</MenuItem>}
+        </Menu>
+      </MenuTrigger>
+    );
+
+    let menuTester = testUtilUser.createTester('Menu', {root: getByRole('button')});
+    await menuTester.open();
+    expect(menuTester.getMenu()).toHaveTextContent('No results');
+  });
+
+  it('should show a progress circle when loadingState is "loading"', async () => {
+    let {getByRole} = render(
+      <MenuTrigger>
+        <Button variant="primary">Menu Button</Button>
+        <Menu aria-label="Test" items={[]} loadingState="loading">
+          {(item: any) => <MenuItem id={item.id}>{item.name}</MenuItem>}
+        </Menu>
+      </MenuTrigger>
+    );
+
+    let menuTester = testUtilUser.createTester('Menu', {root: getByRole('button')});
+    await menuTester.open();
+    expect(
+      within(menuTester.getMenu()!).getByRole('progressbar', {hidden: true})
+    ).toBeInTheDocument();
+  });
+
+  it('should call onLoadMore when intersection is detected while loadingState is "loadingMore"', async () => {
+    let onLoadMore = jest.fn();
+    let observe = jest.fn();
+    let observer = setupIntersectionObserverMock({observe});
+
+    let {getByRole, getByTestId} = render(
+      <MenuTrigger>
+        <Button variant="primary">Menu Button</Button>
+        <Menu aria-label="Test" loadingState="loadingMore" onLoadMore={onLoadMore}>
+          <MenuItem>Cut</MenuItem>
+          <MenuItem>Copy</MenuItem>
+          <MenuItem>Paste</MenuItem>
+        </Menu>
+      </MenuTrigger>
+    );
+
+    let menuTester = testUtilUser.createTester('Menu', {root: getByRole('button')});
+    await menuTester.open();
+
+    expect(onLoadMore).toHaveBeenCalledTimes(0);
+    let sentinel = getByTestId('loadMoreSentinel');
+    expect(observe).toHaveBeenLastCalledWith(sentinel);
+
+    act(() => {
+      observer.instance.triggerCallback([{isIntersecting: true}]);
+    });
+    act(() => {
+      jest.runAllTimers();
+    });
+
+    expect(onLoadMore).toHaveBeenCalledTimes(1);
+  });
+});
diff --git a/packages/dev/s2-docs/pages/s2/Menu.mdx b/packages/dev/s2-docs/pages/s2/Menu.mdx
index 0aaca4221e9..16c9f604963 100644
--- a/packages/dev/s2-docs/pages/s2/Menu.mdx
+++ b/packages/dev/s2-docs/pages/s2/Menu.mdx
@@ -283,6 +283,54 @@ function Example(props) {
 }
 ```
 
+### Asynchronous loading
+
+Use the `loadingState` and `onLoadMore` props to enable async loading and infinite scrolling.
+
+```tsx render
+"use client";
+import {MenuTrigger, Menu, MenuItem} from '@react-spectrum/s2/Menu';
+import {ActionButton} from '@react-spectrum/s2/ActionButton';
+import {useAsyncList} from '@react-spectrum/s2/useAsyncList';
+
+interface Character {
+  name: string
+}
+
+function Example() {
+  let list = useAsyncList<Character>({
+    async load({signal, cursor}) {
+      if (cursor) {
+        cursor = cursor.replace(/^http:\/\//i, 'https://');
+      }
+
+      let res = await fetch(cursor || 'https://swapi.py4e.com/api/people/', {signal});
+      let json = await res.json();
+
+      return {
+        items: json.results,
+        cursor: json.next
+      };
+    }
+  });
+
+  return (
+    <MenuTrigger>
+      <ActionButton>Select Character</ActionButton>
+      <Menu
+        aria-label="Star Wars Characters"
+        items={list.items}
+        /*- begin highlight -*/
+        loadingState={list.loadingState}
+        onLoadMore={list.loadMore}>
+        {/*- end highlight -*/}
+        {item => <MenuItem id={item.name}>{item.name}</MenuItem>}
+      </Menu>
+    </MenuTrigger>
+  );
+}
+```
+
 ### Links
 
 Use the `href` prop on a `<MenuItem>` to create a link. See the [getting started guide](getting-started) to learn how to integrate with your framework.