diff --git a/engine/src/flutter/lib/web_ui/lib/src/engine/browser_detection.dart b/engine/src/flutter/lib/web_ui/lib/src/engine/browser_detection.dart
index 431a81f3048..bbc1ec12b64 100644
--- a/engine/src/flutter/lib/web_ui/lib/src/engine/browser_detection.dart
+++ b/engine/src/flutter/lib/web_ui/lib/src/engine/browser_detection.dart
@@ -5,7 +5,6 @@
 import 'package:meta/meta.dart';
 
 import 'dom.dart';
-import 'safe_browser_api.dart';
 
 // iOS 15 launched WebGL 2.0, but there's something broken about it, which
 // leads to apps failing to load. For now, we're forcing WebGL 1 on iOS.
@@ -269,5 +268,4 @@ int _detectWebGLVersion() {
 }
 
 /// Whether the current browser supports the Chromium variant of CanvasKit.
-bool get browserSupportsCanvaskitChromium =>
-    browserSupportsImageDecoder && domIntl.v8BreakIterator != null;
+bool get browserSupportsCanvaskitChromium => domIntl.v8BreakIterator != null;
diff --git a/engine/src/flutter/lib/web_ui/lib/src/engine/canvaskit/text.dart b/engine/src/flutter/lib/web_ui/lib/src/engine/canvaskit/text.dart
index e7be9919cc1..ed14a916890 100644
--- a/engine/src/flutter/lib/web_ui/lib/src/engine/canvaskit/text.dart
+++ b/engine/src/flutter/lib/web_ui/lib/src/engine/canvaskit/text.dart
@@ -17,6 +17,8 @@ import 'skia_object_cache.dart';
 import 'text_fragmenter.dart';
 import 'util.dart';
 
+final bool _ckRequiresClientICU = canvasKit.ParagraphBuilder.RequiresClientICU();
+
 final List<String> _testFonts = <String>['FlutterTest', 'Ahem'];
 String? _effectiveFontFamily(String? fontFamily) {
   return ui.debugEmulateFlutterTesterEnvironment && !_testFonts.contains(fontFamily)
@@ -887,7 +889,7 @@ class CkParagraphBuilder implements ui.ParagraphBuilder {
 
   /// Builds the CkParagraph with the builder and deletes the builder.
   SkParagraph _buildSkParagraph() {
-    if (canvasKit.ParagraphBuilder.RequiresClientICU()) {
+    if (_ckRequiresClientICU) {
       injectClientICU(_paragraphBuilder);
     }
     final SkParagraph result = _paragraphBuilder.build();
diff --git a/engine/src/flutter/lib/web_ui/lib/src/engine/canvaskit/text_fragmenter.dart b/engine/src/flutter/lib/web_ui/lib/src/engine/canvaskit/text_fragmenter.dart
index cf06f870ee0..5ea79cff8c5 100644
--- a/engine/src/flutter/lib/web_ui/lib/src/engine/canvaskit/text_fragmenter.dart
+++ b/engine/src/flutter/lib/web_ui/lib/src/engine/canvaskit/text_fragmenter.dart
@@ -6,8 +6,77 @@ import 'dart:typed_data';
 
 import '../dom.dart';
 import '../text/line_breaker.dart';
+import '../util.dart';
 import 'canvaskit_api.dart';
 
+typedef SegmentationResult = ({
+  Uint32List words,
+  Uint32List graphemes,
+  Uint32List breaks,
+});
+
+// The cache numbers below were picked based on the following logic.
+//
+// Most paragraphs in an app are small (e.g. icons, button labels, etc). These
+// paragraphs are also cheap to cache. So we cache a lot of them. 100,000 of
+// them amounts to a worst case of 5MB (10-character long text + words uint list
+// + graphemes uint list + breaks uint list).
+//
+// Large paragraphs are less common (a handful per page), but are expensive to
+// cache. So we cache fewer of them. 20 of them at a length of 50,000 characters
+// amount to a memory usage of 5MB (50,000-character long text + words uint list
+// + graphemes uint list + breaks uint list).
+//
+// Medium paragraphs are somewhere in between. 10,000 of them amount to a worst
+// case of 5MB (100-character long text + words uint list + graphemes uint list
+// + breaks uint list).
+
+typedef SegmentationCacheSpec = ({int cacheSize, int maxTextLength});
+
+const SegmentationCacheSpec kSmallParagraphCacheSpec = (cacheSize: 100000, maxTextLength: 10);
+const SegmentationCacheSpec kMediumParagraphCacheSpec = (cacheSize: 10000, maxTextLength: 100);
+const SegmentationCacheSpec kLargeParagraphCacheSpec = (cacheSize: 20, maxTextLength: 50000);
+
+typedef SegmentationCache = ({
+  LruCache<String, SegmentationResult> small,
+  LruCache<String, SegmentationResult> medium,
+  LruCache<String, SegmentationResult> large,
+});
+
+/// Caches segmentation results for small, medium and large paragraphts.
+///
+/// Paragraphs are frequently re-created because of style or font changes, while
+/// their text contents remain the same. This cache is effective at
+/// short-circuiting the segmentation of such paragraphs.
+final SegmentationCache segmentationCache = (
+  small: LruCache<String, SegmentationResult>(kSmallParagraphCacheSpec.cacheSize),
+  medium: LruCache<String, SegmentationResult>(kMediumParagraphCacheSpec.cacheSize),
+  large: LruCache<String, SegmentationResult>(kLargeParagraphCacheSpec.cacheSize),
+);
+
+extension SegmentationCacheExtensions on SegmentationCache {
+  /// Gets the appropriate cache for the given [text].
+  LruCache<String, SegmentationResult>? getCacheForText(String text) {
+    if (text.length <= kSmallParagraphCacheSpec.maxTextLength) {
+      return small;
+    }
+    if (text.length <= kMediumParagraphCacheSpec.maxTextLength) {
+      return medium;
+    }
+    if (text.length <= kLargeParagraphCacheSpec.maxTextLength) {
+      return large;
+    }
+    return null;
+  }
+
+  /// Clears all the caches.
+  void clear() {
+    small.clear();
+    medium.clear();
+    large.clear();
+  }
+}
+
 /// Injects required ICU data into the [builder].
 ///
 /// This should only be used with the CanvasKit Chromium variant that's compiled
@@ -18,14 +87,33 @@ void injectClientICU(SkParagraphBuilder builder) {
     'This method should only be used with the CanvasKit Chromium variant.',
   );
 
-  final String text = builder.getText();
-  builder.setWordsUtf16(
-    fragmentUsingIntlSegmenter(text, IntlSegmenterGranularity.word),
-  );
-  builder.setGraphemeBreaksUtf16(
-    fragmentUsingIntlSegmenter(text, IntlSegmenterGranularity.grapheme),
-  );
-  builder.setLineBreaksUtf16(fragmentUsingV8LineBreaker(text));
+  final SegmentationResult result = segmentText(builder.getText());
+  builder.setWordsUtf16(result.words);
+  builder.setGraphemeBreaksUtf16(result.graphemes);
+  builder.setLineBreaksUtf16(result.breaks);
+}
+
+/// Segments the [text] into words, graphemes and line breaks.
+///
+/// Caches results in [segmentationCache].
+SegmentationResult segmentText(String text) {
+  final LruCache<String, SegmentationResult>? cache = segmentationCache.getCacheForText(text);
+  final SegmentationResult? cachedResult = cache?[text];
+
+  final SegmentationResult result;
+  if (cachedResult != null) {
+    result = cachedResult;
+  } else {
+    result = (
+      words: fragmentUsingIntlSegmenter(text, IntlSegmenterGranularity.word),
+      graphemes: fragmentUsingIntlSegmenter(text, IntlSegmenterGranularity.grapheme),
+      breaks: fragmentUsingV8LineBreaker(text),
+    );
+  }
+
+  // Save or promote to most recently used.
+  cache?.cache(text, result);
+  return result;
 }
 
 /// The granularity at which to segment text.
diff --git a/engine/src/flutter/lib/web_ui/lib/src/engine/util.dart b/engine/src/flutter/lib/web_ui/lib/src/engine/util.dart
index 612c03dbe86..98c024db6e2 100644
--- a/engine/src/flutter/lib/web_ui/lib/src/engine/util.dart
+++ b/engine/src/flutter/lib/web_ui/lib/src/engine/util.dart
@@ -4,9 +4,11 @@
 
 
 import 'dart:async';
+import 'dart:collection';
 import 'dart:math' as math;
 import 'dart:typed_data';
 
+import 'package:meta/meta.dart';
 import 'package:ui/ui.dart' as ui;
 
 import 'browser_detection.dart';
@@ -737,3 +739,102 @@ extension FirstWhereOrNull<T> on Iterable<T> {
     return null;
   }
 }
+
+typedef _LruCacheEntry<K extends Object, V extends Object> = ({K key, V value});
+
+/// Caches up to a [maximumSize] key-value pairs.
+///
+/// Call [cache] to cache a key-value pair.
+class LruCache<K extends Object, V extends Object> {
+  LruCache(this.maximumSize);
+
+  /// The maximum number of key/value pairs this cache can contain.
+  ///
+  /// To avoid exceeding this limit the cache remove least recently used items.
+  final int maximumSize;
+
+  /// A doubly linked list of the objects in the cache.
+  ///
+  /// This makes it fast to move a recently used object to the front.
+  final DoubleLinkedQueue<_LruCacheEntry<K, V>> _itemQueue = DoubleLinkedQueue<_LruCacheEntry<K, V>>();
+
+  @visibleForTesting
+  DoubleLinkedQueue<_LruCacheEntry<K, V>> get debugItemQueue => _itemQueue;
+
+  /// A map of objects to their associated node in the [_itemQueue].
+  ///
+  /// This makes it fast to find the node in the queue when we need to
+  /// move the object to the front of the queue.
+  final Map<K, DoubleLinkedQueueEntry<_LruCacheEntry<K, V>>> _itemMap = <K, DoubleLinkedQueueEntry<_LruCacheEntry<K, V>>>{};
+
+  @visibleForTesting
+  Map<K, DoubleLinkedQueueEntry<_LruCacheEntry<K, V>>> get itemMap => _itemMap;
+
+  /// The number of objects in the cache.
+  int get length => _itemQueue.length;
+
+  /// Whether or not [object] is in the cache.
+  ///
+  /// This is only for testing.
+  @visibleForTesting
+  bool debugContainsValue(V object) {
+    return _itemMap.containsValue(object);
+  }
+
+  @visibleForTesting
+  bool debugContainsKey(K key) {
+    return _itemMap.containsKey(key);
+  }
+
+  /// Returns the cached value associated with the [key].
+  ///
+  /// If the value is not in the cache, returns null.
+  V? operator[](K key) {
+    return _itemMap[key]?.element.value;
+  }
+
+  /// Caches the given [key]/[value] pair in this cache.
+  ///
+  /// If the pair is not already in the cache, adds it to the cache as the most
+  /// recently used pair.
+  ///
+  /// If the [key] is already in the cache, moves it to the most recently used
+  /// position. If the [value] corresponding to the [key] is different from
+  /// what's in the cache, updates the value.
+  void cache(K key, V value) {
+    final DoubleLinkedQueueEntry<_LruCacheEntry<K, V>>? item = _itemMap[key];
+    if (item == null) {
+      // New key-value pair, just add.
+      _add(key, value);
+    } else if (item.element.value != value) {
+      // Key already in the cache, but value is new. Re-add.
+      item.remove();
+      _add(key, value);
+    } else {
+      // Key-value pair already in the cache, move to most recently used.
+      item.remove();
+      _itemQueue.addFirst(item.element);
+      _itemMap[key] = _itemQueue.firstEntry()!;
+    }
+  }
+
+  void clear() {
+    _itemQueue.clear();
+    _itemMap.clear();
+  }
+
+  void _add(K key, V value) {
+    _itemQueue.addFirst((key: key, value: value));
+    _itemMap[key] = _itemQueue.firstEntry()!;
+
+    if (_itemQueue.length > maximumSize) {
+      _removeLeastRecentlyUsedValue();
+    }
+  }
+
+  void _removeLeastRecentlyUsedValue() {
+    final bool didRemove = _itemMap.remove(_itemQueue.last.key) != null;
+    assert(didRemove);
+    _itemQueue.removeLast();
+  }
+}
diff --git a/engine/src/flutter/lib/web_ui/test/canvaskit/text_fragmenter_test.dart b/engine/src/flutter/lib/web_ui/test/canvaskit/text_fragmenter_test.dart
index 7d44c3bc9dd..420b1aaa708 100644
--- a/engine/src/flutter/lib/web_ui/test/canvaskit/text_fragmenter_test.dart
+++ b/engine/src/flutter/lib/web_ui/test/canvaskit/text_fragmenter_test.dart
@@ -2,6 +2,7 @@
 // Use of this source code is governed by a BSD-style license that can be
 // found in the LICENSE file.
 
+import 'dart:math';
 import 'dart:typed_data';
 
 import 'package:test/bootstrap/browser.dart';
@@ -101,4 +102,130 @@ void testMain() {
       );
     });
   }, skip: !browserSupportsCanvaskitChromium);
+
+  group('segmentText', () {
+    setUp(() {
+      segmentationCache.clear();
+    });
+
+    tearDown(() {
+      segmentationCache.clear();
+    });
+
+    test('segments correctly', () {
+      const String text = 'Lorem-ipsum 你好🙂\nDolor sit';
+      final SegmentationResult segmentation = segmentText(text);
+      expect(
+        segmentation.words,
+        fragmentUsingIntlSegmenter(text, IntlSegmenterGranularity.word),
+      );
+      expect(
+        segmentation.graphemes,
+        fragmentUsingIntlSegmenter(text, IntlSegmenterGranularity.grapheme),
+      );
+      expect(
+        segmentation.breaks,
+        fragmentUsingV8LineBreaker(text),
+      );
+    });
+
+    test('caches segmentation results in LRU fashion', () {
+      const String text1 = 'hello';
+      segmentText(text1);
+      expect(segmentationCache.small.debugItemQueue, hasLength(1));
+      expect(segmentationCache.small[text1], isNotNull);
+
+      const String text2 = 'world';
+      segmentText(text2);
+      expect(segmentationCache.small.debugItemQueue, hasLength(2));
+      expect(segmentationCache.small[text2], isNotNull);
+
+      // "world" was segmented last, so it should be first, as in most recently used.
+      expect(segmentationCache.small.debugItemQueue.first.key, 'world');
+      expect(segmentationCache.small.debugItemQueue.last.key, 'hello');
+    });
+
+    test('puts segmentation results in the appropriate cache', () {
+      final String smallText = 'a' * (kSmallParagraphCacheSpec.maxTextLength - 1);
+      segmentText(smallText);
+      expect(segmentationCache.small.debugItemQueue, hasLength(1));
+      expect(segmentationCache.medium.debugItemQueue, hasLength(0));
+      expect(segmentationCache.large.debugItemQueue, hasLength(0));
+      expect(segmentationCache.small[smallText], isNotNull);
+      segmentationCache.clear();
+
+      final String mediumText = 'a' * (kMediumParagraphCacheSpec.maxTextLength - 1);
+      segmentText(mediumText);
+      expect(segmentationCache.small.debugItemQueue, hasLength(0));
+      expect(segmentationCache.medium.debugItemQueue, hasLength(1));
+      expect(segmentationCache.large.debugItemQueue, hasLength(0));
+      expect(segmentationCache.medium[mediumText], isNotNull);
+      segmentationCache.clear();
+
+      final String largeText = 'a' * (kLargeParagraphCacheSpec.maxTextLength - 1);
+      segmentText(largeText);
+      expect(segmentationCache.small.debugItemQueue, hasLength(0));
+      expect(segmentationCache.medium.debugItemQueue, hasLength(0));
+      expect(segmentationCache.large.debugItemQueue, hasLength(1));
+      expect(segmentationCache.large[largeText], isNotNull);
+      segmentationCache.clear();
+
+      // Should not cache extremely large texts.
+      final String tooLargeText = 'a' * (kLargeParagraphCacheSpec.maxTextLength + 1);
+      segmentText(tooLargeText);
+      expect(segmentationCache.small.debugItemQueue, hasLength(0));
+      expect(segmentationCache.medium.debugItemQueue, hasLength(0));
+      expect(segmentationCache.large.debugItemQueue, hasLength(0));
+      segmentationCache.clear();
+    });
+
+    test('has a limit on the number of entries', () {
+      testCacheCapacity(segmentationCache.small, kSmallParagraphCacheSpec);
+      testCacheCapacity(segmentationCache.medium, kMediumParagraphCacheSpec);
+      testCacheCapacity(segmentationCache.large, kLargeParagraphCacheSpec);
+    });
+  }, skip: !browserSupportsCanvaskitChromium);
+}
+
+void testCacheCapacity(
+  LruCache<String, SegmentationResult> cache,
+  SegmentationCacheSpec spec,
+) {
+  // 1. Fill the cache.
+  for (int i = 0; i < spec.cacheSize; i++) {
+    final String text = _randomString(spec.maxTextLength);
+    segmentText(text);
+    // The segmented text should have been added to the cache.
+    // TODO(mdebbar): This may fail if the random string generator generates
+    //                the same string twice.
+    expect(cache.debugItemQueue, hasLength(i + 1));
+  }
+
+  // 2. Make sure the cache is full.
+  expect(cache.length, spec.cacheSize);
+
+  // 3. Add more items to the cache.
+  for (int i = 0; i < 10; i++) {
+    final String text = _randomString(spec.maxTextLength);
+    segmentText(text);
+    // The cache size should remain the same.
+    expect(cache.debugItemQueue, hasLength(spec.cacheSize));
+  }
+
+  // 4. Clear the cache.
+  cache.clear();
+}
+
+int _seed = 0;
+String _randomString(int length) {
+  const String allChars = ' 1234567890'
+      'abcdefghijklmnopqrstuvwxyz'
+      'ABCDEFGHIJKLMNOPQRSTUVWXYZ';
+
+  final String text = '*' * length;
+  return text.replaceAllMapped(
+    '*',
+    // Passing a seed so the results are reproducible.
+    (_) => allChars[Random(_seed++).nextInt(allChars.length)],
+  );
 }
diff --git a/engine/src/flutter/lib/web_ui/test/engine/browser_detect_test.dart b/engine/src/flutter/lib/web_ui/test/engine/browser_detect_test.dart
index ff3af2fe233..926e9895e05 100644
--- a/engine/src/flutter/lib/web_ui/test/engine/browser_detect_test.dart
+++ b/engine/src/flutter/lib/web_ui/test/engine/browser_detect_test.dart
@@ -177,7 +177,9 @@ void testMain() {
       v8BreakIterator = Object(); // Any non-null value.
       browserSupportsImageDecoder = false;
 
-      expect(browserSupportsCanvaskitChromium, isFalse);
+      // TODO(mdebbar): we don't check image codecs for now.
+      // https://github.com/flutter/flutter/issues/122331
+      expect(browserSupportsCanvaskitChromium, isTrue);
     });
 
     test('Detect browsers that do not support v8BreakIterator', () {
diff --git a/engine/src/flutter/lib/web_ui/test/engine/lru_cache_test.dart b/engine/src/flutter/lib/web_ui/test/engine/lru_cache_test.dart
new file mode 100644
index 00000000000..ba1dfcaea0f
--- /dev/null
+++ b/engine/src/flutter/lib/web_ui/test/engine/lru_cache_test.dart
@@ -0,0 +1,99 @@
+// Copyright 2013 The Flutter Authors. All rights reserved.
+// Use of this source code is governed by a BSD-style license that can be
+// found in the LICENSE file.
+
+import 'package:test/bootstrap/browser.dart';
+import 'package:test/test.dart';
+import 'package:ui/src/engine/util.dart';
+
+typedef TestCacheEntry = ({String key, int value});
+
+void main() {
+  internalBootstrapBrowserTest(() => testMain);
+}
+
+void testMain() {
+  test('$LruCache starts out empty', () {
+    final LruCache<String, int> cache = LruCache<String, int>(10);
+    expect(cache.length, 0);
+  });
+
+  test('$LruCache adds up to a maximum number of items in most recently used first order', () {
+    final LruCache<String, int> cache = LruCache<String, int>(3);
+    cache.cache('a', 1);
+    expect(cache.debugItemQueue.toList(), <TestCacheEntry>[
+      (key: 'a', value: 1),
+    ]);
+    expect(cache['a'], 1);
+    expect(cache['b'], isNull);
+
+    cache.cache('b', 2);
+    expect(cache.debugItemQueue.toList(), <TestCacheEntry>[
+      (key: 'b', value: 2),
+      (key: 'a', value: 1),
+    ]);
+    expect(cache['a'], 1);
+    expect(cache['b'], 2);
+
+    cache.cache('c', 3);
+    expect(cache.debugItemQueue.toList(), <TestCacheEntry>[
+      (key: 'c', value: 3),
+      (key: 'b', value: 2),
+      (key: 'a', value: 1),
+    ]);
+
+    cache.cache('d', 4);
+    expect(cache.debugItemQueue.toList(), <TestCacheEntry>[
+      (key: 'd', value: 4),
+      (key: 'c', value: 3),
+      (key: 'b', value: 2),
+    ]);
+
+    cache.cache('e', 5);
+    expect(cache.debugItemQueue.toList(), <TestCacheEntry>[
+      (key: 'e', value: 5),
+      (key: 'd', value: 4),
+      (key: 'c', value: 3),
+    ]);
+  });
+
+  test('$LruCache promotes entry to most recently used position', () {
+    final LruCache<String, int> cache = LruCache<String, int>(3);
+    cache.cache('a', 1);
+    cache.cache('b', 2);
+    cache.cache('c', 3);
+    expect(cache.debugItemQueue.toList(), <TestCacheEntry>[
+      (key: 'c', value: 3),
+      (key: 'b', value: 2),
+      (key: 'a', value: 1),
+    ]);
+
+    cache.cache('b', 2);
+    expect(cache.debugItemQueue.toList(), <TestCacheEntry>[
+      (key: 'b', value: 2),
+      (key: 'c', value: 3),
+      (key: 'a', value: 1),
+    ]);
+  });
+
+  test('$LruCache updates and promotes entry to most recently used position', () {
+    final LruCache<String, int> cache = LruCache<String, int>(3);
+    cache.cache('a', 1);
+    cache.cache('b', 2);
+    cache.cache('c', 3);
+    expect(cache.debugItemQueue.toList(), <TestCacheEntry>[
+      (key: 'c', value: 3),
+      (key: 'b', value: 2),
+      (key: 'a', value: 1),
+    ]);
+    expect(cache['b'], 2);
+
+    cache.cache('b', 42);
+    expect(cache.debugItemQueue.toList(), <TestCacheEntry>[
+      (key: 'b', value: 42),
+      (key: 'c', value: 3),
+      (key: 'a', value: 1),
+    ]);
+    expect(cache['b'], 42);
+  });
+}