diff --git a/docs/CHANGELOG.md b/docs/CHANGELOG.md
index f59e365e2..0b9582af2 100644
--- a/docs/CHANGELOG.md
+++ b/docs/CHANGELOG.md
@@ -11,6 +11,10 @@ title: Changelog
 
     *Blake Williams*, *Cameron Dutro*, *Joel Hawksley*
 
+* Deprecate `Base#with_variant`.
+
+    *Cameron Dutro*
+
 ## 2.38.0
 
 * Add `--stimulus` flag to the component generator. Generates a Stimulus controller alongside the component.
diff --git a/lib/view_component/base.rb b/lib/view_component/base.rb
index 9c784e2b9..213216694 100644
--- a/lib/view_component/base.rb
+++ b/lib/view_component/base.rb
@@ -218,9 +218,14 @@ def format
 
     # Use the provided variant instead of the one determined by the current request.
     #
+    # @deprecated Will be removed in v3.0.0.
     # @param variant [Symbol] The variant to be used by the component.
     # @return [self]
     def with_variant(variant)
+      ActiveSupport::Deprecation.warn(
+        "`with_variant` is deprecated and will be removed in ViewComponent v3.0.0."
+      )
+
       @__vc_variant = variant
 
       self