diff --git a/src/core/gpu_hw_d3d11.cpp b/src/core/gpu_hw_d3d11.cpp
index 48380a641..91d82c6f5 100644
--- a/src/core/gpu_hw_d3d11.cpp
+++ b/src/core/gpu_hw_d3d11.cpp
@@ -328,6 +328,8 @@ bool GPU_HW_D3D11::CompileShaders()
   GPU_HW_ShaderGen shadergen(m_host_display->GetRenderAPI(), m_resolution_scale, m_true_color, m_texture_filtering,
                              m_supports_dual_source_blend);
 
+  m_system->GetHostInterface()->DisplayLoadingScreen("Compiling shaders...");
+
   m_screen_quad_vertex_shader =
     m_shader_cache.GetVertexShader(m_device.Get(), shadergen.GenerateScreenQuadVertexShader());
   if (!m_screen_quad_vertex_shader)
diff --git a/src/core/gpu_hw_opengl.cpp b/src/core/gpu_hw_opengl.cpp
index fbc869abe..2728cd969 100644
--- a/src/core/gpu_hw_opengl.cpp
+++ b/src/core/gpu_hw_opengl.cpp
@@ -296,6 +296,8 @@ bool GPU_HW_OpenGL::CompilePrograms()
   GPU_HW_ShaderGen shadergen(m_host_display->GetRenderAPI(), m_resolution_scale, m_true_color, m_texture_filtering,
                              m_supports_dual_source_blend);
 
+  m_system->GetHostInterface()->DisplayLoadingScreen("Compiling Shaders...");
+
   for (u32 render_mode = 0; render_mode < 4; render_mode++)
   {
     for (u32 texture_mode = 0; texture_mode < 9; texture_mode++)
diff --git a/src/core/host_interface.cpp b/src/core/host_interface.cpp
index 8cacd8c08..3a4c70003 100644
--- a/src/core/host_interface.cpp
+++ b/src/core/host_interface.cpp
@@ -931,6 +931,46 @@ void HostInterface::SetTimerResolutionIncreased(bool enabled)
 #endif
 }
 
+void HostInterface::DisplayLoadingScreen(const char* message, int progress_min /*= -1*/, int progress_max /*= -1*/,
+                                         int progress_value /*= -1*/)
+{
+  const auto& io = ImGui::GetIO();
+  const float scale = io.DisplayFramebufferScale.x;
+  const float width = (400.0f * scale);
+  const bool has_progress = (progress_min < progress_max);
+
+  // eat the last imgui frame, it might've been partially rendered by the caller.
+  ImGui::EndFrame();
+  ImGui::NewFrame();
+
+  ImGui::SetNextWindowSize(ImVec2(width, (has_progress ? 50.0f : 30.0f) * scale), ImGuiCond_Always);
+  ImGui::SetNextWindowPos(ImVec2(io.DisplaySize.x * 0.5f, io.DisplaySize.y * 0.5f), ImGuiCond_Always,
+                          ImVec2(0.5f, 0.5f));
+  if (ImGui::Begin("LoadingScreen", nullptr,
+                   ImGuiWindowFlags_NoTitleBar | ImGuiWindowFlags_NoInputs | ImGuiWindowFlags_NoMove |
+                     ImGuiWindowFlags_NoSavedSettings | ImGuiWindowFlags_NoScrollbar | ImGuiWindowFlags_NoNav |
+                     ImGuiWindowFlags_AlwaysAutoResize | ImGuiWindowFlags_NoFocusOnAppearing))
+  {
+    if (has_progress)
+    {
+      ImGui::Text("%s: %d/%d", message, progress_value, progress_max);
+      ImGui::ProgressBar(static_cast<float>(progress_value) / static_cast<float>(progress_max - progress_min),
+                         ImVec2(-1.0f, 0.0f), "");
+      Log_InfoPrintf("%s: %d/%d", message, progress_value, progress_max);
+    }
+    else
+    {
+      const ImVec2 text_size(ImGui::CalcTextSize(message));
+      ImGui::SetCursorPosX((width - text_size.x) / 2.0f);
+      ImGui::TextUnformatted(message);
+      Log_InfoPrintf("%s", message);
+    }
+  }
+  ImGui::End();
+
+  m_display->Render();
+}
+
 bool HostInterface::SaveResumeSaveState()
 {
   if (!m_system)
diff --git a/src/core/host_interface.h b/src/core/host_interface.h
index ebd8f0f35..1f93aa046 100644
--- a/src/core/host_interface.h
+++ b/src/core/host_interface.h
@@ -82,6 +82,10 @@ public:
   /// Returns a path relative to the user directory.
   std::string GetUserDirectoryRelativePath(const char* format, ...) const;
 
+  /// Displays a loading screen with the logo, rendered with ImGui. Use when executing possibly-time-consuming tasks
+  /// such as compiling shaders when starting up.
+  void DisplayLoadingScreen(const char* message, int progress_min = -1, int progress_max = -1, int progress_value = -1);
+
 protected:
   enum : u32
   {