diff --git a/CHANGELOG.md b/CHANGELOG.md
index 080b12bac..40414bf42 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -5,6 +5,7 @@
 - Improve the accuracy of duration calculations in cron jobs monitoring ([#2471](https://github.com/getsentry/sentry-ruby/pull/2471))
 - Use attempt_threshold to skip reporting on first N attempts ([#2503](https://github.com/getsentry/sentry-ruby/pull/2503))
 - Support `code.namespace` for Ruby 3.4+ stacktraces ([#2506](https://github.com/getsentry/sentry-ruby/pull/2506))
+- Support report_after_job_retries for activejob ([#2500](https://github.com/getsentry/sentry-ruby/pull/2500))
 
 ### Bug fixes
 
diff --git a/sentry-rails/lib/sentry/rails/active_job.rb b/sentry-rails/lib/sentry/rails/active_job.rb
index 953af632b..0280d5c54 100644
--- a/sentry-rails/lib/sentry/rails/active_job.rb
+++ b/sentry-rails/lib/sentry/rails/active_job.rb
@@ -20,7 +20,7 @@ def already_supported_by_sentry_integration?
       class SentryReporter
         OP_NAME = "queue.active_job"
         SPAN_ORIGIN = "auto.queue.active_job"
-
+        NOTIFICATION_NAME = "retry_stopped.active_job"
         class << self
           def record(job, &block)
             Sentry.with_scope do |scope|
@@ -46,19 +46,42 @@ def record(job, &block)
               rescue Exception => e # rubocop:disable Lint/RescueException
                 finish_sentry_transaction(transaction, 500)
 
-                Sentry::Rails.capture_exception(
-                  e,
-                  extra: sentry_context(job),
-                  tags: {
-                    job_id: job.job_id,
-                    provider_job_id: job.provider_job_id
-                  }
-                )
+                unless Sentry.configuration.rails.active_job_report_after_job_retries
+                  capture_exception(job, e)
+                end
+
                 raise
               end
             end
           end
 
+          def capture_exception(job, e)
+            Sentry::Rails.capture_exception(
+              e,
+              extra: sentry_context(job),
+              tags: {
+                job_id: job.job_id,
+                provider_job_id: job.provider_job_id
+              }
+            )
+          end
+
+          def register_retry_stopped_subscriber
+            ActiveSupport::Notifications.subscribe(NOTIFICATION_NAME) do |*args|
+              retry_stopped_handler(*args)
+            end
+          end
+
+          def retry_stopped_handler(*args)
+            event = ActiveSupport::Notifications::Event.new(*args)
+            job = event.payload[:job]
+            error = event.payload[:error]
+
+            return if !Sentry.initialized? || job.already_supported_by_sentry_integration?
+            return unless Sentry.configuration.rails.active_job_report_after_job_retries
+            capture_exception(job, error)
+          end
+
           def finish_sentry_transaction(transaction, status)
             return unless transaction
 
diff --git a/sentry-rails/lib/sentry/rails/configuration.rb b/sentry-rails/lib/sentry/rails/configuration.rb
index a28a07f69..1b2fa93db 100644
--- a/sentry-rails/lib/sentry/rails/configuration.rb
+++ b/sentry-rails/lib/sentry/rails/configuration.rb
@@ -156,6 +156,10 @@ class Configuration
       # @return [Hash<String, Array<Symbol>>]
       attr_accessor :active_support_logger_subscription_items
 
+      # Set this option to true if you want Sentry to only capture the last job
+      # retry if it fails.
+      attr_accessor :active_job_report_after_job_retries
+
       def initialize
         @register_error_subscriber = false
         @report_rescued_exceptions = true
@@ -172,6 +176,7 @@ def initialize
         @enable_db_query_source = true
         @db_query_source_threshold_ms = 100
         @active_support_logger_subscription_items = Sentry::Rails::ACTIVE_SUPPORT_LOGGER_SUBSCRIPTION_ITEMS_DEFAULT.dup
+        @active_job_report_after_job_retries = false
       end
     end
   end
diff --git a/sentry-rails/lib/sentry/rails/railtie.rb b/sentry-rails/lib/sentry/rails/railtie.rb
index 0a0cdf213..4c8e5423e 100644
--- a/sentry-rails/lib/sentry/rails/railtie.rb
+++ b/sentry-rails/lib/sentry/rails/railtie.rb
@@ -51,6 +51,8 @@ class Railtie < ::Rails::Railtie
       activate_tracing
 
       register_error_subscriber(app) if ::Rails.version.to_f >= 7.0 && Sentry.configuration.rails.register_error_subscriber
+
+      register_retry_stopped_subscriber if defined?(ActiveJob)
     end
 
     runner do
@@ -137,5 +139,9 @@ def register_error_subscriber(app)
       require "sentry/rails/error_subscriber"
       app.executor.error_reporter.subscribe(Sentry::Rails::ErrorSubscriber.new)
     end
+
+    def register_retry_stopped_subscriber
+      Sentry::Rails::ActiveJobExtensions::SentryReporter.register_retry_stopped_subscriber
+    end
   end
 end
diff --git a/sentry-rails/spec/sentry/rails/activejob_spec.rb b/sentry-rails/spec/sentry/rails/activejob_spec.rb
index ffcb4d44c..38a5ce236 100644
--- a/sentry-rails/spec/sentry/rails/activejob_spec.rb
+++ b/sentry-rails/spec/sentry/rails/activejob_spec.rb
@@ -67,6 +67,11 @@ class FailedJobWithCron < FailedJob
   sentry_monitor_check_ins slug: "failed_job", monitor_config: Sentry::Cron::MonitorConfig.from_crontab("5 * * * *")
 end
 
+class FailedJobWithRetryOn < FailedJob
+  if respond_to? :retry_on
+    retry_on StandardError, attempts: 3, wait: 0
+  end
+end
 
 RSpec.describe "without Sentry initialized", type: :job do
   it "runs job" do
@@ -318,7 +323,6 @@ def perform(event, hint)
 
     it "does not trigger sentry and re-raises" do
       expect { FailedJob.perform_now }.to raise_error(FailedJob::TestError)
-
       expect(transport.events.size).to eq(0)
     end
   end
@@ -386,4 +390,42 @@ def perform(event, hint)
       end
     end
   end
+
+  describe "active_job_report_after_job_retries", skip: Rails.version.to_f < 5.1 do
+    before do
+        allow(Sentry::Rails::ActiveJobExtensions::SentryReporter)
+          .to receive(:capture_exception)
+          .and_call_original
+      end
+    context "when active_job_report_after_job_retries is false" do
+      it "reports 3 exceptions" do
+        assert_performed_jobs 3 do
+          FailedJobWithRetryOn.perform_later rescue nil
+        end
+
+        expect(Sentry::Rails::ActiveJobExtensions::SentryReporter)
+          .to have_received(:capture_exception)
+          .exactly(3).times
+      end
+    end
+    context "when active_job_report_after_job_retries is true" do
+      before do
+        Sentry.configuration.rails.active_job_report_after_job_retries = true
+      end
+
+      after do
+        Sentry.configuration.rails.active_job_report_after_job_retries = false
+      end
+
+      it "reports 1 exception" do
+        assert_performed_jobs 3 do
+          FailedJobWithRetryOn.perform_later rescue nil
+        end
+
+        expect(Sentry::Rails::ActiveJobExtensions::SentryReporter)
+          .to have_received(:capture_exception)
+          .exactly(1).times
+      end
+    end
+  end
 end
diff --git a/sentry-rails/spec/sentry/rails/configuration_spec.rb b/sentry-rails/spec/sentry/rails/configuration_spec.rb
index 37c5a41d6..b7961f894 100644
--- a/sentry-rails/spec/sentry/rails/configuration_spec.rb
+++ b/sentry-rails/spec/sentry/rails/configuration_spec.rb
@@ -59,4 +59,10 @@ class MySubscriber; end
       expect(subject.active_support_logger_subscription_items["foo"]).to include(:bar)
     end
   end
+
+  describe "#active_job_report_after_job_retries" do
+    it "has correct default value" do
+      expect(subject.active_job_report_after_job_retries).to eq(false)
+    end
+  end
 end