diff --git a/okio/api/okio.api b/okio/api/okio.api
index 10c4f049e1..597369de2a 100644
--- a/okio/api/okio.api
+++ b/okio/api/okio.api
@@ -772,6 +772,7 @@ public class okio/Timeout {
 	public static final field NONE Lokio/Timeout;
 	public fun <init> ()V
 	public final fun awaitSignal (Ljava/util/concurrent/locks/Condition;)V
+	public fun cancel ()V
 	public fun clearDeadline ()Lokio/Timeout;
 	public fun clearTimeout ()Lokio/Timeout;
 	public final fun deadline (JLjava/util/concurrent/TimeUnit;)Lokio/Timeout;
diff --git a/okio/src/jvmMain/kotlin/okio/Timeout.kt b/okio/src/jvmMain/kotlin/okio/Timeout.kt
index 8c984dc763..666b74e396 100644
--- a/okio/src/jvmMain/kotlin/okio/Timeout.kt
+++ b/okio/src/jvmMain/kotlin/okio/Timeout.kt
@@ -19,6 +19,7 @@ import java.io.IOException
 import java.io.InterruptedIOException
 import java.util.concurrent.TimeUnit
 import java.util.concurrent.locks.Condition
+import kotlin.concurrent.Volatile
 import kotlin.time.Duration
 import kotlin.time.DurationUnit
 import kotlin.time.toTimeUnit
@@ -32,6 +33,12 @@ actual open class Timeout {
   private var deadlineNanoTime = 0L
   private var timeoutNanos = 0L
 
+  /**
+   * A sentinel that is updated to a new object on each call to [cancel]. Sample this property
+   * before and after an operation to test if the timeout was canceled during the operation.
+   */
+  @Volatile private var cancelMark: Any? = null
+
   /**
    * Wait at most `timeout` time before aborting an operation. Using a per-operation timeout means
    * that as long as forward progress is being made, no sequence of operations will fail.
@@ -107,6 +114,20 @@ actual open class Timeout {
     }
   }
 
+  /**
+   * Prevent all current applications of this timeout from firing. Use this when a time-limited
+   * operation should no longer be time-limited because the nature of the operation has changed.
+   *
+   * This function does not mutate the [deadlineNanoTime] or [timeoutNanos] properties of this
+   * timeout. It only applies to active operations that are limited by this timeout, and applies by
+   * allowing those operations to run indefinitely.
+   *
+   * Subclasses that override this method must call `super.cancel()`.
+   */
+  open fun cancel() {
+    cancelMark = Any()
+  }
+
   /**
    * Waits on `monitor` until it is signaled. Throws [InterruptedIOException] if either the thread
    * is interrupted or if this timeout elapses before `monitor` is signaled.
@@ -245,18 +266,23 @@ actual open class Timeout {
         timeoutNanos
       }
 
-      // Attempt to wait that long. This will break out early if the monitor is notified.
-      var elapsedNanos = 0L
-      if (waitNanos > 0L) {
-        val waitMillis = waitNanos / 1000000L
-        (monitor as Object).wait(waitMillis, (waitNanos - waitMillis * 1000000L).toInt())
-        elapsedNanos = System.nanoTime() - start
-      }
+      if (waitNanos <= 0) throw InterruptedIOException("timeout")
 
-      // Throw if the timeout elapsed before the monitor was notified.
-      if (elapsedNanos >= waitNanos) {
-        throw InterruptedIOException("timeout")
-      }
+      val cancelMarkBefore = cancelMark
+
+      // Attempt to wait that long. This will return early if the monitor is notified.
+      val waitMillis = waitNanos / 1000000L
+      (monitor as Object).wait(waitMillis, (waitNanos - waitMillis * 1000000L).toInt())
+      val elapsedNanos = System.nanoTime() - start
+
+      // If there's time remaining, we probably got the call we were waiting for.
+      if (elapsedNanos < waitNanos) return
+
+      // Return without throwing if this timeout was canceled while we were waiting. Note that this
+      // return is a 'spurious wakeup' because Object.notify() was not called.
+      if (cancelMark !== cancelMarkBefore) return
+
+      throw InterruptedIOException("timeout")
     } catch (e: InterruptedException) {
       Thread.currentThread().interrupt() // Retain interrupted status.
       throw InterruptedIOException("interrupted")
diff --git a/okio/src/jvmTest/kotlin/okio/WaitUntilNotifiedTest.kt b/okio/src/jvmTest/kotlin/okio/WaitUntilNotifiedTest.kt
index 78226151d4..f226a3ff48 100644
--- a/okio/src/jvmTest/kotlin/okio/WaitUntilNotifiedTest.kt
+++ b/okio/src/jvmTest/kotlin/okio/WaitUntilNotifiedTest.kt
@@ -166,6 +166,49 @@ class WaitUntilNotifiedTest {
     }
   }
 
+  @Test
+  @Synchronized
+  fun cancelBeforeWaitDoesNothing() {
+    assumeNotWindows()
+    val timeout = Timeout()
+    timeout.timeout(1000, TimeUnit.MILLISECONDS)
+    timeout.cancel()
+    val start = now()
+    try {
+      timeout.waitUntilNotified(this)
+      fail()
+    } catch (expected: InterruptedIOException) {
+      assertEquals("timeout", expected.message)
+    }
+    assertElapsed(1000.0, start)
+  }
+
+  @Test
+  @Synchronized
+  fun canceledTimeoutDoesNotThrowWhenNotNotifiedOnTime() {
+    val timeout = Timeout()
+    timeout.timeout(1000, TimeUnit.MILLISECONDS)
+    timeout.cancelLater(500)
+
+    val start = now()
+    timeout.waitUntilNotified(this) // Returns early but doesn't throw.
+    assertElapsed(1000.0, start)
+  }
+
+  @Test
+  @Synchronized
+  fun multipleCancelsAreIdempotent() {
+    val timeout = Timeout()
+    timeout.timeout(1000, TimeUnit.MILLISECONDS)
+    timeout.cancelLater(250)
+    timeout.cancelLater(500)
+    timeout.cancelLater(750)
+
+    val start = now()
+    timeout.waitUntilNotified(this) // Returns early but doesn't throw.
+    assertElapsed(1000.0, start)
+  }
+
   /** Returns the nanotime in milliseconds as a double for measuring timeouts.  */
   private fun now(): Double {
     return System.nanoTime() / 1000000.0
@@ -178,4 +221,14 @@ class WaitUntilNotifiedTest {
   private fun assertElapsed(duration: Double, start: Double) {
     assertEquals(duration, now() - start - 200.0, 250.0)
   }
+
+  private fun Timeout.cancelLater(delay: Long) {
+    executorService.schedule(
+      {
+        cancel()
+      },
+      delay,
+      TimeUnit.MILLISECONDS,
+    )
+  }
 }