diff --git a/M6502/ProfileEventArgs.cs b/M6502/ProfileEventArgs.cs
new file mode 100644
index 0000000..66dd544
--- /dev/null
+++ b/M6502/ProfileEventArgs.cs
@@ -0,0 +1,15 @@
+namespace EightBit
+{
+    public class ProfileEventArgs(string output) : EventArgs
+    {
+        private readonly string output = output;
+
+        public string Output
+        {
+            get
+            {
+                return this.output;
+            }
+        }
+    }
+}
\ No newline at end of file
diff --git a/M6502/ProfileLineEventArgs.cs b/M6502/ProfileLineEventArgs.cs
new file mode 100644
index 0000000..4148c58
--- /dev/null
+++ b/M6502/ProfileLineEventArgs.cs
@@ -0,0 +1,24 @@
+namespace EightBit
+{
+    public class ProfileLineEventArgs(string source, int cycles) : EventArgs
+    {
+        private readonly string source = source;
+        private readonly int cycles = cycles;
+
+        public string Source
+        {
+            get
+            {
+                return this.source;
+            }
+        }
+
+        public int Cycles
+        {
+            get
+            {
+                return this.cycles;
+            }
+        }
+    }
+}
\ No newline at end of file
diff --git a/M6502/ProfileScopeEventArgs.cs b/M6502/ProfileScopeEventArgs.cs
new file mode 100644
index 0000000..16b3f80
--- /dev/null
+++ b/M6502/ProfileScopeEventArgs.cs
@@ -0,0 +1,33 @@
+namespace EightBit
+{
+    public class ProfileScopeEventArgs(string scope, int cycles, int count) : EventArgs
+    {
+        private readonly string scope = scope;
+        private readonly int cycles = cycles;
+        private readonly int count = count;
+
+        public string Scope
+        {
+            get
+            {
+                return this.scope;
+            }
+        }
+
+        public int Cycles
+        {
+            get
+            {
+                return this.cycles;
+            }
+        }
+
+        public int Count
+        {
+            get
+            {
+                return this.count;
+            }
+        }
+    }
+}
\ No newline at end of file
diff --git a/M6502/Profiler.cs b/M6502/Profiler.cs
new file mode 100644
index 0000000..7757413
--- /dev/null
+++ b/M6502/Profiler.cs
@@ -0,0 +1,220 @@
+namespace EightBit
+{
+    public sealed class Profiler
+    {
+        private readonly int[] instructionCounts;
+        private readonly int[] addressProfiles;
+        private readonly int[] addressCounts;
+
+        private readonly string[] addressScopes;
+        private readonly Dictionary<string, int> scopeCycles;
+
+        private readonly M6502 processor;
+        private readonly Disassembler disassembler;
+        private readonly Symbols symbols;
+
+        private readonly bool countInstructions;
+        private readonly bool profileAddresses;
+
+        private int priorCycleCount;
+        private ushort executingAddress;
+
+        public Profiler(M6502 processor, Disassembler disassembler, Symbols symbols, bool countInstructions, bool profileAddresses)
+        {
+            ArgumentNullException.ThrowIfNull(processor);
+
+            this.processor = processor;
+            this.disassembler = disassembler;
+            this.symbols = symbols;
+            this.countInstructions = countInstructions;
+            this.profileAddresses = profileAddresses;
+
+            if (profileAddresses || countInstructions)
+            {
+                this.processor.ExecutingInstruction += this.Processor_ExecutingInstruction_Prequel;
+            }
+            if (profileAddresses)
+            {
+                this.processor.ExecutingInstruction += this.Processor_ExecutingInstruction_ProfileAddresses;
+                this.processor.ExecutedInstruction += this.Processor_ExecutedInstruction_ProfileAddresses;
+            }
+
+            if (countInstructions)
+            {
+                this.processor.ExecutingInstruction += this.Processor_ExecutingInstruction_CountInstructions;
+            }
+
+            this.instructionCounts = new int[0x100];
+            this.addressProfiles = new int[0x10000];
+            this.addressCounts = new int[0x10000];
+
+            this.addressScopes = new string[0x10000];
+            this.scopeCycles = [];
+
+            this.BuildAddressScopes();
+        }
+
+
+        public event EventHandler<EventArgs>? StartingOutput;
+
+        public event EventHandler<EventArgs>? FinishedOutput;
+
+        public event EventHandler<EventArgs>? StartingLineOutput;
+
+        public event EventHandler<EventArgs>? FinishedLineOutput;
+
+        public event EventHandler<ProfileLineEventArgs>? EmitLine;
+
+        public event EventHandler<EventArgs>? StartingScopeOutput;
+
+        public event EventHandler<EventArgs>? FinishedScopeOutput;
+
+        public event EventHandler<ProfileScopeEventArgs>? EmitScope;
+
+        public void Generate()
+        {
+            this.OnStartingOutput();
+            try
+            {
+                this.EmitProfileInformation();
+            }
+            finally
+            {
+                this.OnFinishedOutput();
+            }
+        }
+
+        private void EmitProfileInformation()
+        {
+            this.OnStartingLineOutput();
+            try
+            {
+                // For each memory address
+                for (var i = 0; i < 0x10000; ++i)
+                {
+                    // If there are any cycles associated
+                    var cycles = this.addressProfiles[i];
+                    if (cycles > 0)
+                    {
+                        var address = (ushort)i;
+
+                        // Dump a profile/disassembly line
+                        var source = this.disassembler.Disassemble(address);
+                        this.OnEmitLine(source, cycles);
+                    }
+                }
+            }
+            finally
+            {
+                this.OnFinishedLineOutput();
+            }
+
+            this.OnStartingScopeOutput();
+            try
+            {
+                foreach (var scopeCycle in this.scopeCycles)
+                {
+                    var name = scopeCycle.Key;
+                    var cycles = scopeCycle.Value;
+                    var count = this.addressCounts[this.symbols.Addresses[name]];
+                    this.OnEmitScope(name, cycles, count);
+                }
+            }
+            finally
+            {
+                this.OnFinishedScopeOutput();
+            }
+        }
+
+        private void Processor_ExecutingInstruction_Prequel(object? sender, EventArgs e)
+        {
+            this.executingAddress = this.processor.PC.Word;
+        }
+
+        private void Processor_ExecutingInstruction_ProfileAddresses(object? sender, EventArgs e)
+        {
+            this.priorCycleCount = this.processor.Cycles;
+            ++this.addressCounts[this.executingAddress];
+        }
+
+        private void Processor_ExecutingInstruction_CountInstructions(object? sender, EventArgs e)
+        {
+            ++this.instructionCounts[this.processor.Bus.Peek(this.executingAddress)];
+        }
+
+        private void Processor_ExecutedInstruction_ProfileAddresses(object? sender, EventArgs e)
+        {
+            var address = this.executingAddress;
+            var cycles = this.processor.Cycles - this.priorCycleCount;
+
+            this.addressProfiles[address] += cycles;
+
+            var addressScope = this.addressScopes[address];
+            if (addressScope != null)
+            {
+                if (!this.scopeCycles.ContainsKey(addressScope))
+                {
+                    this.scopeCycles[addressScope] = 0;
+                }
+
+                this.scopeCycles[addressScope] += cycles;
+            }
+        }
+
+        private void BuildAddressScopes()
+        {
+            foreach (var label in this.symbols.Labels)
+            {
+                var key = label.Value;
+                if (this.symbols.Scopes.TryGetValue(key, out var scope))
+                {
+                    var address = label.Key;
+                    for (ushort i = address; i < address + scope; ++i)
+                    {
+                        this.addressScopes[i] = key;
+                    }
+                }
+            }
+        }
+
+        private void OnStartingOutput()
+        {
+            this.StartingOutput?.Invoke(this, EventArgs.Empty);
+        }
+
+        private void OnFinishedOutput()
+        {
+            this.FinishedOutput?.Invoke(this, EventArgs.Empty);
+        }
+
+        private void OnStartingLineOutput()
+        {
+            this.StartingLineOutput?.Invoke(this, EventArgs.Empty);
+        }
+
+        private void OnFinishedLineOutput()
+        {
+            this.FinishedLineOutput?.Invoke(this, EventArgs.Empty);
+        }
+
+        private void OnStartingScopeOutput()
+        {
+            this.StartingScopeOutput?.Invoke(this, EventArgs.Empty);
+        }
+
+        private void OnFinishedScopeOutput()
+        {
+            this.FinishedScopeOutput?.Invoke(this, EventArgs.Empty);
+        }
+
+        private void OnEmitLine(string source, int cycles)
+        {
+            this.EmitLine?.Invoke(this, new ProfileLineEventArgs(source, cycles));
+        }
+
+        private void OnEmitScope(string scope, int cycles, int count)
+        {
+            this.EmitScope?.Invoke(this, new ProfileScopeEventArgs(scope, cycles, count));
+        }
+    }
+}
\ No newline at end of file