diff --git a/television/channels/entry.rs b/television/channels/entry.rs
index 9c6b274..541ca7b 100644
--- a/television/channels/entry.rs
+++ b/television/channels/entry.rs
@@ -24,6 +24,9 @@ pub struct Entry {
 impl Hash for Entry {
     fn hash<H: Hasher>(&self, state: &mut H) {
         self.raw.hash(state);
+        if let Some(display) = &self.display {
+            display.hash(state);
+        }
         if let Some(line_number) = self.line_number {
             line_number.hash(state);
         }
@@ -35,6 +38,8 @@ impl PartialEq<Entry> for &Entry {
         self.raw == other.raw
             && (self.line_number.is_none() && other.line_number.is_none()
                 || self.line_number == other.line_number)
+            && (self.display.is_none() && other.display.is_none()
+                || self.display == other.display)
     }
 }
 
@@ -43,6 +48,8 @@ impl PartialEq<Entry> for Entry {
         self.raw == other.raw
             && (self.line_number.is_none() && other.line_number.is_none()
                 || self.line_number == other.line_number)
+            && (self.display.is_none() && other.display.is_none()
+                || self.display == other.display)
     }
 }
 
diff --git a/television/channels/prototypes.rs b/television/channels/prototypes.rs
index 35ebf34..f44c823 100644
--- a/television/channels/prototypes.rs
+++ b/television/channels/prototypes.rs
@@ -348,11 +348,17 @@ pub struct PreviewSpec {
     pub command: CommandSpec,
     #[serde(default)]
     pub offset: Option<Template>,
+    #[serde(default)]
+    pub cached: bool,
 }
 
 impl PreviewSpec {
     pub fn new(command: CommandSpec, offset: Option<Template>) -> Self {
-        Self { command, offset }
+        Self {
+            command,
+            offset,
+            cached: false,
+        }
     }
 
     pub fn from_str_command(command: &str) -> Self {
@@ -366,6 +372,7 @@ impl PreviewSpec {
                 env: FxHashMap::default(),
             },
             offset: None,
+            cached: false,
         }
     }
 }
diff --git a/television/previewer/cache.rs b/television/previewer/cache.rs
new file mode 100644
index 0000000..d532883
--- /dev/null
+++ b/television/previewer/cache.rs
@@ -0,0 +1,149 @@
+use rustc_hash::FxHashMap;
+
+use crate::channels::entry::Entry;
+use crate::previewer::Preview;
+use crate::utils::cache::RingSet;
+use tracing::debug;
+
+/// Default size of the preview cache: 50 entries.
+///
+/// This does seem kind of arbitrary for now, will need to play around with it.
+/// Assuming a worst case scenario where files are an average of 1 MB this means
+/// the cache will never exceed 50 MB which sounds safe enough.
+const DEFAULT_CACHE_SIZE: usize = 50;
+
+/// A cache for previews.
+/// The cache is implemented as an LRU cache with a fixed size.
+#[derive(Debug)]
+pub struct Cache {
+    entries: FxHashMap<Entry, Preview>,
+    ring_set: RingSet<Entry>,
+}
+
+impl Cache {
+    /// Create a new preview cache with the given capacity.
+    pub fn new(capacity: usize) -> Self {
+        Cache {
+            entries: FxHashMap::default(),
+            ring_set: RingSet::with_capacity(capacity),
+        }
+    }
+
+    pub fn get(&self, key: &Entry) -> Option<Preview> {
+        self.entries.get(key).cloned()
+    }
+
+    /// Insert a new preview into the cache.
+    /// If the cache is full, the oldest entry will be removed.
+    /// If the key is already in the cache, the preview will be updated.
+    pub fn insert(&mut self, key: &Entry, preview: &Preview) {
+        debug!("Inserting preview into cache for key: {:?}", key);
+        self.entries.insert(key.clone(), preview.clone());
+        if let Some(oldest_key) = self.ring_set.push(key.clone()) {
+            debug!("Cache full, removing oldest entry: {:?}", oldest_key);
+            self.entries.remove(&oldest_key);
+        }
+    }
+
+    /// In this context, the size represents the number of occupied slots within the cache.
+    /// Not to be mistaken with the cache's capacity which is its max size.
+    pub fn size(&self) -> usize {
+        self.ring_set.size()
+    }
+
+    pub fn clear(&mut self) {
+        debug!("Clearing preview cache");
+        self.entries.clear();
+        self.ring_set.clear();
+    }
+}
+
+impl Default for Cache {
+    fn default() -> Self {
+        Cache::new(DEFAULT_CACHE_SIZE)
+    }
+}
+
+#[cfg(test)]
+mod tests {
+    use devicons::FileIcon;
+    use ratatui::text::Text;
+
+    use super::*;
+    use crate::channels::entry::Entry;
+    use crate::previewer::Preview;
+
+    #[test]
+    fn test_preview_cache_ops() {
+        let mut cache = Cache::new(2);
+        let entry = Entry::new("test".to_string());
+        let preview = Preview::default();
+
+        cache.insert(&entry, &preview);
+        assert_eq!(cache.get(&entry).unwrap(), preview);
+        assert_eq!(cache.size(), 1);
+
+        // override cache content for the same key
+        let mut other_preview = preview.clone();
+        other_preview.content = Text::raw("some content");
+        cache.insert(&entry, &other_preview);
+        assert_eq!(cache.get(&entry).unwrap(), other_preview);
+        assert_eq!(cache.size(), 1);
+
+        // insert new entries to trigger eviction
+        let new_entry = Entry::new("new_test".to_string());
+        let new_preview = Preview::default();
+        cache.insert(&new_entry, &new_preview);
+        // the two previews should still be available
+        assert_eq!(cache.size(), 2);
+        assert_eq!(cache.get(&new_entry).unwrap(), new_preview);
+        assert_eq!(cache.get(&entry).unwrap(), other_preview);
+        // this one should trigger eviction
+        let another_entry = Entry::new("another_test".to_string());
+        cache.insert(&another_entry, &Preview::default());
+
+        assert_eq!(cache.size(), 2);
+        assert!(cache.get(&entry).is_none());
+        assert!(cache.get(&new_entry).is_some());
+        assert!(cache.get(&another_entry).is_some());
+        assert_eq!(cache.get(&new_entry).unwrap(), Preview::default());
+        assert_eq!(cache.get(&another_entry).unwrap(), Preview::default());
+    }
+
+    #[test]
+    fn test_hash_criteria() {
+        let mut cache = Cache::new(3);
+        let entry_1 = Entry::new(String::from("entry_1"))
+            .with_display(String::from("display_1"))
+            .with_line_number(1)
+            .with_match_indices(&[1])
+            .with_icon(FileIcon::default());
+
+        let entry_2 = Entry::new(String::from("entry_2"))
+            .with_display(String::from("display_2"))
+            .with_line_number(2)
+            .with_match_indices(&[2])
+            .with_icon(FileIcon::default());
+
+        cache.insert(&entry_1, &Preview::default());
+        cache.insert(&entry_2, &Preview::default());
+        assert_eq!(cache.size(), 2);
+
+        cache.clear();
+        assert_eq!(cache.size(), 0);
+        let mut entry_1_mod = entry_1.clone();
+        entry_1_mod =
+            entry_1_mod.with_display(String::from("display_1_modified"));
+        cache.insert(&entry_1, &Preview::default());
+        cache.insert(&entry_1_mod, &Preview::default());
+        assert_eq!(cache.size(), 2);
+
+        cache.clear();
+        assert_eq!(cache.size(), 0);
+        let mut entry_1_mod = entry_1.clone();
+        entry_1_mod = entry_1_mod.with_line_number(3);
+        cache.insert(&entry_1, &Preview::default());
+        cache.insert(&entry_1_mod, &Preview::default());
+        assert_eq!(cache.size(), 2);
+    }
+}
diff --git a/television/previewer/mod.rs b/television/previewer/mod.rs
index 05a6238..dc45c5b 100644
--- a/television/previewer/mod.rs
+++ b/television/previewer/mod.rs
@@ -1,11 +1,13 @@
 use std::{
     cmp::Ordering,
+    sync::Arc,
     time::{Duration, Instant},
 };
 
 use ansi_to_tui::IntoText;
 use anyhow::{Context, Result};
 use devicons::FileIcon;
+use parking_lot::Mutex;
 use ratatui::text::Text;
 use tokio::{
     sync::mpsc::{UnboundedReceiver, UnboundedSender},
@@ -18,6 +20,7 @@ use crate::{
         entry::Entry,
         prototypes::{CommandSpec, PreviewSpec},
     },
+    previewer::cache::Cache,
     utils::{
         command::shell_command,
         strings::{
@@ -26,6 +29,7 @@ use crate::{
     },
 };
 
+mod cache;
 pub mod state;
 
 pub struct Config {
@@ -100,7 +104,7 @@ impl Ticket {
     }
 }
 
-#[derive(Debug, Clone)]
+#[derive(Debug, Clone, Eq, PartialEq)]
 pub struct Preview {
     pub title: String,
     // NOTE: this does couple the previewer with ratatui but allows
@@ -150,21 +154,29 @@ pub struct Previewer {
     last_job_entry: Option<Entry>,
     preview_spec: PreviewSpec,
     results: UnboundedSender<Preview>,
+    cache: Option<Arc<Mutex<Cache>>>,
 }
 
 impl Previewer {
     pub fn new(
-        preview_command: &PreviewSpec,
+        spec: &PreviewSpec,
         config: Config,
         receiver: UnboundedReceiver<Request>,
         sender: UnboundedSender<Preview>,
+        cache: bool,
     ) -> Self {
+        let cache = if cache {
+            Some(Arc::new(Mutex::new(Cache::default())))
+        } else {
+            None
+        };
         Self {
             config,
             requests: receiver,
             last_job_entry: None,
-            preview_spec: preview_command.clone(),
+            preview_spec: spec.clone(),
             results: sender,
+            cache,
         }
     }
 
@@ -186,6 +198,7 @@ impl Previewer {
                         // try to execute the preview with a timeout
                         let preview_command =
                             self.preview_spec.command.clone();
+                        let cache = self.cache.clone();
                         match timeout(
                             self.config.job_timeout,
                             tokio::spawn(async move {
@@ -193,6 +206,7 @@ impl Previewer {
                                     &preview_command,
                                     &ticket.entry,
                                     &results_handle,
+                                    &cache,
                                 ) {
                                     debug!(
                                         "Failed to generate preview for entry '{}': {}",
@@ -233,9 +247,21 @@ pub fn try_preview(
     command: &CommandSpec,
     entry: &Entry,
     results_handle: &UnboundedSender<Preview>,
+    cache: &Option<Arc<Mutex<Cache>>>,
 ) -> Result<()> {
     debug!("Preview command: {}", command);
 
+    // Check if the entry is already cached
+    if let Some(cache) = &cache {
+        if let Some(preview) = cache.lock().get(entry) {
+            debug!("Preview for entry '{}' found in cache", entry.raw);
+            results_handle.send(preview).with_context(
+                || "Failed to send cached preview result to main thread.",
+            )?;
+            return Ok(());
+        }
+    }
+
     let formatted_command = command.get_nth(0).format(&entry.raw)?;
 
     let child =
@@ -299,6 +325,13 @@ pub fn try_preview(
             )
         }
     };
+
+    // Cache the preview if caching is enabled
+    // Note: we're caching errors as well to avoid re-running potentially expensive commands
+    if let Some(cache) = &cache {
+        cache.lock().insert(entry, &preview);
+        debug!("Preview for entry '{}' cached", entry.raw);
+    }
     results_handle
         .send(preview)
         .with_context(|| "Failed to send preview result to main thread.")
diff --git a/television/television.rs b/television/television.rs
index 2383d8c..3749ca4 100644
--- a/television/television.rs
+++ b/television/television.rs
@@ -256,9 +256,11 @@ impl Television {
             let (pv_preview_tx, pv_preview_rx) = unbounded_channel();
             let previewer = Previewer::new(
                 preview_spec,
+                // NOTE: this could be a per-channel configuration option in the future
                 PreviewerConfig::default(),
                 pv_request_rx,
                 pv_preview_tx,
+                preview_spec.cached,
             );
             tokio::spawn(async move { previewer.run().await });
             Some((pv_request_tx, pv_preview_rx))
diff --git a/television/utils/cache.rs b/television/utils/cache.rs
index 5d2eae6..685f2b4 100644
--- a/television/utils/cache.rs
+++ b/television/utils/cache.rs
@@ -113,6 +113,19 @@ where
     pub fn back_to_front(&self) -> impl Iterator<Item = T> {
         self.ring_buffer.clone().into_iter().rev()
     }
+
+    /// Returns the current size of the ring buffer, which is the number of unique keys it
+    /// contains.
+    pub fn size(&self) -> usize {
+        self.known_keys.len()
+    }
+
+    /// Wipes the ring buffer clean.
+    pub fn clear(&mut self) {
+        debug!("Clearing ring buffer");
+        self.ring_buffer.clear();
+        self.known_keys.clear();
+    }
 }
 
 #[cfg(test)]