diff --git a/tests/ImageSharp.Benchmarks/Codecs/DecodeWebp.cs b/tests/ImageSharp.Benchmarks/Codecs/DecodeWebp.cs
new file mode 100644
index 000000000..ff9386286
--- /dev/null
+++ b/tests/ImageSharp.Benchmarks/Codecs/DecodeWebp.cs
@@ -0,0 +1,87 @@
+// Copyright (c) Six Labors and contributors.
+// Licensed under the Apache License, Version 2.0.
+
+using System.IO;
+using BenchmarkDotNet.Attributes;
+
+using ImageMagick;
+
+using SixLabors.ImageSharp.PixelFormats;
+using SixLabors.ImageSharp.Tests;
+
+namespace SixLabors.ImageSharp.Benchmarks.Codecs
+{
+    [Config(typeof(Config.ShortClr))]
+    public class DecodeWebp : BenchmarkBase
+    {
+        private byte[] webpLossyBytes;
+        private byte[] webpLosslessBytes;
+
+        private string TestImageLossyFullPath => Path.Combine(TestEnvironment.InputImagesDirectoryFullPath, this.TestImageLossy);
+        private string TestImageLosslessFullPath => Path.Combine(TestEnvironment.InputImagesDirectoryFullPath, this.TestImageLossless);
+
+        [Params(TestImages.WebP.Lossy.Bike)]
+        public string TestImageLossy { get; set; }
+
+        [Params(TestImages.WebP.Lossless.BikeThreeTransforms)]
+        public string TestImageLossless { get; set; }
+
+        [GlobalSetup]
+        public void ReadImages()
+        {
+            if (this.webpLossyBytes is null)
+            {
+                this.webpLossyBytes = File.ReadAllBytes(this.TestImageLossyFullPath);
+            }
+
+            if (this.webpLosslessBytes is null)
+            {
+                this.webpLosslessBytes = File.ReadAllBytes(this.TestImageLosslessFullPath);
+            }
+        }
+
+        [Benchmark(Baseline = true, Description = "Magick Lossy WebP")]
+        public int WebpLossyMagick()
+        {
+            var settings = new MagickReadSettings { Format = MagickFormat.WebP };
+            using (var image = new MagickImage(new MemoryStream(this.webpLossyBytes), settings))
+            {
+                return image.Width;
+            }
+        }
+
+        [Benchmark(Description = "ImageSharp Lossy Webp")]
+        public int WebpLossy()
+        {
+            using (var memoryStream = new MemoryStream(this.webpLossyBytes))
+            {
+                using (var image = Image.Load<Rgba32>(memoryStream))
+                {
+                    return image.Height;
+                }
+            }
+        }
+
+        [Benchmark(Baseline = true, Description = "Magick Lossless WebP")]
+        public int WebpLosslessMagick()
+        {
+            var settings = new MagickReadSettings { Format = MagickFormat.WebP };
+            using (var image = new MagickImage(new MemoryStream(this.webpLosslessBytes), settings))
+            {
+                return image.Width;
+            }
+        }
+
+        [Benchmark(Description = "ImageSharp Lossless Webp")]
+        public int WebpLossless()
+        {
+            using (var memoryStream = new MemoryStream(this.webpLosslessBytes))
+            {
+                using (var image = Image.Load<Rgba32>(memoryStream))
+                {
+                    return image.Height;
+                }
+            }
+        }
+    }
+}
diff --git a/tests/ImageSharp.Benchmarks/ImageSharp.Benchmarks.csproj b/tests/ImageSharp.Benchmarks/ImageSharp.Benchmarks.csproj
index 14ad5635c..e355ad024 100644
--- a/tests/ImageSharp.Benchmarks/ImageSharp.Benchmarks.csproj
+++ b/tests/ImageSharp.Benchmarks/ImageSharp.Benchmarks.csproj
@@ -1,4 +1,4 @@
-<?xml version="1.0" encoding="utf-8"?>
+<?xml version="1.0" encoding="utf-8"?>
 <Project Sdk="Microsoft.NET.Sdk">
 
   <PropertyGroup>
@@ -16,6 +16,7 @@
   </ItemGroup>
 
   <ItemGroup>
+    <PackageReference Include="Magick.NET-Q16-AnyCPU" />
     <PackageReference Include="BenchmarkDotNet" />
     <PackageReference Include="Colourful" />
     <PackageReference Include="SixLabors.Shapes.Text" />
diff --git a/tests/ImageSharp.Tests/Formats/WebP/WebPDecoderTests.cs b/tests/ImageSharp.Tests/Formats/WebP/WebPDecoderTests.cs
index 052188904..fea51bf73 100644
--- a/tests/ImageSharp.Tests/Formats/WebP/WebPDecoderTests.cs
+++ b/tests/ImageSharp.Tests/Formats/WebP/WebPDecoderTests.cs
@@ -287,7 +287,7 @@ namespace SixLabors.ImageSharp.Tests.Formats.WebP
         [WithFile(Lossless.ThreeTransforms5, PixelTypes.Rgba32)]
         [WithFile(Lossless.ThreeTransforms6, PixelTypes.Rgba32)]
         [WithFile(Lossless.ThreeTransforms7, PixelTypes.Rgba32)]
-        [WithFile(Lossless.ThreeTransforms8, PixelTypes.Rgba32)]
+        [WithFile(Lossless.BikeThreeTransforms, PixelTypes.Rgba32)]
         public void WebpDecoder_CanDecode_Lossless_WithThreeTransforms<TPixel>(TestImageProvider<TPixel> provider)
             where TPixel : struct, IPixel<TPixel>
         {
diff --git a/tests/ImageSharp.Tests/TestImages.cs b/tests/ImageSharp.Tests/TestImages.cs
index 87fdf520a..66c936ad5 100644
--- a/tests/ImageSharp.Tests/TestImages.cs
+++ b/tests/ImageSharp.Tests/TestImages.cs
@@ -416,7 +416,7 @@ namespace SixLabors.ImageSharp.Tests
                 public const string ThreeTransforms5 = "Webp/lossless_vec_2_11.webp"; // color_indexing, predictor, cross_color
                 public const string ThreeTransforms6 = "Webp/lossless_vec_2_14.webp"; // substract_green, predictor, cross_color
                 public const string ThreeTransforms7 = "Webp/lossless_vec_2_15.webp"; // color_indexing, predictor, cross_color
-                public const string ThreeTransforms8 = "Webp/bike_lossless.webp"; // substract_green, predictor, cross_color
+                public const string BikeThreeTransforms = "Webp/bike_lossless.webp"; // substract_green, predictor, cross_color
 
                 // Invalid / corrupted images
                 // Below images have errors according to webpinfo. The error message webpinfo gives is "Truncated data detected when parsing RIFF payload."