diff --git a/crates/ruff_python_formatter/resources/test/fixtures/ruff/fluent.options.json b/crates/ruff_python_formatter/resources/test/fixtures/ruff/fluent.options.json
new file mode 100644
index 0000000000..f69dec6066
--- /dev/null
+++ b/crates/ruff_python_formatter/resources/test/fixtures/ruff/fluent.options.json
@@ -0,0 +1 @@
+[{"line_width":8}]
diff --git a/crates/ruff_python_formatter/resources/test/fixtures/ruff/fluent.py b/crates/ruff_python_formatter/resources/test/fixtures/ruff/fluent.py
new file mode 100644
index 0000000000..0b0b76f1dd
--- /dev/null
+++ b/crates/ruff_python_formatter/resources/test/fixtures/ruff/fluent.py
@@ -0,0 +1,35 @@
+# Fixtures for fluent formatting of call chains
+# Note that `fluent.options.json` sets line width to 8
+
+
+x = a.b()
+
+x = a.b().c()
+
+x = a.b().c().d
+
+x = a.b.c.d().e()
+
+x = a.b.c().d.e().f.g()
+
+# Consecutive calls/subscripts are grouped together
+# for the purposes of fluent formatting (though, as 2025.12.15,
+# there may be a break inside of one of these
+# calls/subscripts, but that is unrelated to the fluent format.)
+
+x = a()[0]().b().c()
+
+x = a.b()[0].c.d()[1]().e
+
+# Parentheses affect both where the root of the call
+# chain is and how many calls we require before applying
+# fluent formatting (just 1, in the presence of a parenthesized
+# root, as of 2025.12.15.)
+
+x = (a).b()
+
+x = (a()).b()
+
+x = (a.b()).d.e()
+
+x = (a.b().d).e()
diff --git a/crates/ruff_python_formatter/resources/test/fixtures/ruff/parentheses/call_chains.py b/crates/ruff_python_formatter/resources/test/fixtures/ruff/parentheses/call_chains.py
index 0b49a1dd11..d221f4e1ed 100644
--- a/crates/ruff_python_formatter/resources/test/fixtures/ruff/parentheses/call_chains.py
+++ b/crates/ruff_python_formatter/resources/test/fixtures/ruff/parentheses/call_chains.py
@@ -216,3 +216,69 @@ max_message_id = (
     .baz()
 )
 
+# Note in preview we split at `pl` which some
+# folks may dislike. (Similarly with common
+# `np` and `pd` invocations).
+#
+# This is because we cannot reliably predict,
+# just from syntax, whether a short identifier
+# is being used as a 'namespace' or as an 'object'.
+#
+# As of 2025.12.15, we do not indent methods in
+# fluent formatting. If we ever decide to do so,
+# it may make sense to special case call chain roots
+# that are shorter than the indent-width (like Prettier does).
+# This would have the benefit of handling these common
+# two-letter aliases for libraries.
+
+
+expr = (
+    pl.scan_parquet("/data/pypi-parquet/*.parquet")
+    .filter(
+        [
+            pl.col("path").str.contains(
+                r"\.(asm|c|cc|cpp|cxx|h|hpp|rs|[Ff][0-9]{0,2}(?:or)?|go)$"
+            ),
+            ~pl.col("path").str.contains(r"(^|/)test(|s|ing)"),
+            ~pl.col("path").str.contains("/site-packages/", literal=True),
+        ]
+    )
+    .with_columns(
+        month=pl.col("uploaded_on").dt.truncate("1mo"),
+        ext=pl.col("path")
+        .str.extract(pattern=r"\.([a-z0-9]+)$", group_index=1)
+        .str.replace_all(pattern=r"cxx|cpp|cc|c|hpp|h", value="C/C++")
+        .str.replace_all(pattern="^f.*$", value="Fortran")
+        .str.replace("rs", "Rust", literal=True)
+        .str.replace("go", "Go", literal=True)
+        .str.replace("asm", "Assembly", literal=True)
+        .replace({"": None}),
+    )
+    .group_by(["month", "ext"])
+    .agg(project_count=pl.col("project_name").n_unique())
+    .drop_nulls(["ext"])
+    .sort(["month", "project_count"], descending=True)
+)
+
+def indentation_matching_for_loop_in_preview():
+    if make_this:
+        if more_nested_because_line_length:
+            identical_hidden_layer_sizes = all(
+            current_hidden_layer_sizes == first_hidden_layer_sizes
+            for current_hidden_layer_sizes in self.component_config[
+                HIDDEN_LAYERS_SIZES
+            ].values().attr
+           )
+
+def indentation_matching_walrus_in_preview():
+    if make_this:
+        if more_nested_because_line_length:
+            with self.read_ctx(book_type) as cursor:
+                if (entry_count := len(names := cursor.execute(
+                    'SELECT name FROM address_book WHERE address=?',
+                    (address,),
+                ).fetchall().some_attr)) == 0 or len(set(names)) > 1:
+                    return
+
+# behavior with parenthesized roots
+x = (aaaaaaaaaaaaaaaaaaaaaa).bbbbbbbbbbbbbbbbbbb.cccccccccccccccccccccccc().dddddddddddddddddddddddd().eeeeeeeeeeee
diff --git a/crates/ruff_python_formatter/src/expression/expr_attribute.rs b/crates/ruff_python_formatter/src/expression/expr_attribute.rs
index 781b8b4601..ca88313b19 100644
--- a/crates/ruff_python_formatter/src/expression/expr_attribute.rs
+++ b/crates/ruff_python_formatter/src/expression/expr_attribute.rs
@@ -10,6 +10,7 @@ use crate::expression::parentheses::{
     NeedsParentheses, OptionalParentheses, Parentheses, is_expression_parenthesized,
 };
 use crate::prelude::*;
+use crate::preview::is_fluent_layout_split_first_call_enabled;
 
 #[derive(Default)]
 pub struct FormatExprAttribute {
@@ -47,20 +48,26 @@ impl FormatNodeRule<ExprAttribute> for FormatExprAttribute {
                     )
                 };
 
-            if call_chain_layout == CallChainLayout::Fluent {
+            if call_chain_layout.is_fluent() {
                 if parenthesize_value {
                     // Don't propagate the call chain layout.
                     value.format().with_options(Parentheses::Always).fmt(f)?;
                 } else {
                     match value.as_ref() {
                         Expr::Attribute(expr) => {
-                            expr.format().with_options(call_chain_layout).fmt(f)?;
+                            expr.format()
+                                .with_options(call_chain_layout.transition_after_attribute())
+                                .fmt(f)?;
                         }
                         Expr::Call(expr) => {
-                            expr.format().with_options(call_chain_layout).fmt(f)?;
+                            expr.format()
+                                .with_options(call_chain_layout.transition_after_attribute())
+                                .fmt(f)?;
                         }
                         Expr::Subscript(expr) => {
-                            expr.format().with_options(call_chain_layout).fmt(f)?;
+                            expr.format()
+                                .with_options(call_chain_layout.transition_after_attribute())
+                                .fmt(f)?;
                         }
                         _ => {
                             value.format().with_options(Parentheses::Never).fmt(f)?;
@@ -105,8 +112,30 @@ impl FormatNodeRule<ExprAttribute> for FormatExprAttribute {
             // Allow the `.` on its own line if this is a fluent call chain
             // and the value either requires parenthesizing or is a call or subscript expression
             // (it's a fluent chain but not the first element).
-            else if call_chain_layout == CallChainLayout::Fluent {
-                if parenthesize_value || value.is_call_expr() || value.is_subscript_expr() {
+            //
+            // In preview we also break _at_ the first call in the chain.
+            // For example:
+            //
+            // ```diff
+            // # stable formatting vs. preview
+            //  x = (
+            // -    df.merge()
+            // +    df
+            // +    .merge()
+            //      .groupby()
+            //      .agg()
+            //      .filter()
+            //  )
+            // ```
+            else if call_chain_layout.is_fluent() {
+                if parenthesize_value
+                    || value.is_call_expr()
+                    || value.is_subscript_expr()
+                    // Remember to update the doc-comment above when
+                    // stabilizing this behavior.
+                    || (is_fluent_layout_split_first_call_enabled(f.context())
+                        && call_chain_layout.is_first_call_like())
+                {
                     soft_line_break().fmt(f)?;
                 }
             }
@@ -148,8 +177,8 @@ impl FormatNodeRule<ExprAttribute> for FormatExprAttribute {
             )
         });
 
-        let is_call_chain_root = self.call_chain_layout == CallChainLayout::Default
-            && call_chain_layout == CallChainLayout::Fluent;
+        let is_call_chain_root =
+            self.call_chain_layout == CallChainLayout::Default && call_chain_layout.is_fluent();
         if is_call_chain_root {
             write!(f, [group(&format_inner)])
         } else {
@@ -169,7 +198,8 @@ impl NeedsParentheses for ExprAttribute {
             self.into(),
             context.comments().ranges(),
             context.source(),
-        ) == CallChainLayout::Fluent
+        )
+        .is_fluent()
         {
             OptionalParentheses::Multiline
         } else if context.comments().has_dangling(self) {
diff --git a/crates/ruff_python_formatter/src/expression/expr_call.rs b/crates/ruff_python_formatter/src/expression/expr_call.rs
index a5c3227a7d..135ade2266 100644
--- a/crates/ruff_python_formatter/src/expression/expr_call.rs
+++ b/crates/ruff_python_formatter/src/expression/expr_call.rs
@@ -47,7 +47,10 @@ impl FormatNodeRule<ExprCall> for FormatExprCall {
                 func.format().with_options(Parentheses::Always).fmt(f)
             } else {
                 match func.as_ref() {
-                    Expr::Attribute(expr) => expr.format().with_options(call_chain_layout).fmt(f),
+                    Expr::Attribute(expr) => expr
+                        .format()
+                        .with_options(call_chain_layout.decrement_call_like_count())
+                        .fmt(f),
                     Expr::Call(expr) => expr.format().with_options(call_chain_layout).fmt(f),
                     Expr::Subscript(expr) => expr.format().with_options(call_chain_layout).fmt(f),
                     _ => func.format().with_options(Parentheses::Never).fmt(f),
@@ -67,9 +70,7 @@ impl FormatNodeRule<ExprCall> for FormatExprCall {
         //     queryset.distinct().order_by(field.name).values_list(field_name_flat_long_long=True)
         // )
         // ```
-        if call_chain_layout == CallChainLayout::Fluent
-            && self.call_chain_layout == CallChainLayout::Default
-        {
+        if call_chain_layout.is_fluent() && self.call_chain_layout == CallChainLayout::Default {
             group(&fmt_func).fmt(f)
         } else {
             fmt_func.fmt(f)
@@ -87,7 +88,8 @@ impl NeedsParentheses for ExprCall {
             self.into(),
             context.comments().ranges(),
             context.source(),
-        ) == CallChainLayout::Fluent
+        )
+        .is_fluent()
         {
             OptionalParentheses::Multiline
         } else if context.comments().has_dangling(self) {
diff --git a/crates/ruff_python_formatter/src/expression/expr_lambda.rs b/crates/ruff_python_formatter/src/expression/expr_lambda.rs
index faab6ef8c5..63e8aa6d97 100644
--- a/crates/ruff_python_formatter/src/expression/expr_lambda.rs
+++ b/crates/ruff_python_formatter/src/expression/expr_lambda.rs
@@ -397,7 +397,8 @@ impl Format<PyFormatContext<'_>> for FormatBody<'_> {
                 body.into(),
                 comments.ranges(),
                 f.context().source(),
-            ) == CallChainLayout::Fluent
+            )
+            .is_fluent()
             {
                 parenthesize_if_expands(&unparenthesized).fmt(f)
             } else {
diff --git a/crates/ruff_python_formatter/src/expression/expr_subscript.rs b/crates/ruff_python_formatter/src/expression/expr_subscript.rs
index ce3aaf1f69..c9595c4a26 100644
--- a/crates/ruff_python_formatter/src/expression/expr_subscript.rs
+++ b/crates/ruff_python_formatter/src/expression/expr_subscript.rs
@@ -51,7 +51,10 @@ impl FormatNodeRule<ExprSubscript> for FormatExprSubscript {
                 value.format().with_options(Parentheses::Always).fmt(f)
             } else {
                 match value.as_ref() {
-                    Expr::Attribute(expr) => expr.format().with_options(call_chain_layout).fmt(f),
+                    Expr::Attribute(expr) => expr
+                        .format()
+                        .with_options(call_chain_layout.decrement_call_like_count())
+                        .fmt(f),
                     Expr::Call(expr) => expr.format().with_options(call_chain_layout).fmt(f),
                     Expr::Subscript(expr) => expr.format().with_options(call_chain_layout).fmt(f),
                     _ => value.format().with_options(Parentheses::Never).fmt(f),
@@ -71,8 +74,8 @@ impl FormatNodeRule<ExprSubscript> for FormatExprSubscript {
                 .fmt(f)
         });
 
-        let is_call_chain_root = self.call_chain_layout == CallChainLayout::Default
-            && call_chain_layout == CallChainLayout::Fluent;
+        let is_call_chain_root =
+            self.call_chain_layout == CallChainLayout::Default && call_chain_layout.is_fluent();
         if is_call_chain_root {
             write!(f, [group(&format_inner)])
         } else {
@@ -92,7 +95,8 @@ impl NeedsParentheses for ExprSubscript {
                 self.into(),
                 context.comments().ranges(),
                 context.source(),
-            ) == CallChainLayout::Fluent
+            )
+            .is_fluent()
             {
                 OptionalParentheses::Multiline
             } else if is_expression_parenthesized(
diff --git a/crates/ruff_python_formatter/src/expression/mod.rs b/crates/ruff_python_formatter/src/expression/mod.rs
index a320a1edf5..4b6c159fe2 100644
--- a/crates/ruff_python_formatter/src/expression/mod.rs
+++ b/crates/ruff_python_formatter/src/expression/mod.rs
@@ -876,6 +876,22 @@ impl<'a> First<'a> {
 ///     )
 /// ).all()
 /// ```
+///
+/// In [`preview`](crate::preview::is_fluent_layout_split_first_call_enabled), we also track the position of the leftmost call or
+/// subscript on an attribute in the chain and break just before the dot.
+///
+/// So, for example, the right-hand summand in the above expression
+/// would get formatted as:
+/// ```python
+///     Blog.objects
+///     .filter(
+///         entry__headline__contains="McCartney",
+///     )
+///     .limit_results[:10]
+///     .filter(
+///         entry__pub_date__year=2010,
+///     )
+/// ```
 #[derive(Copy, Clone, Debug, Default, PartialEq, Eq)]
 pub enum CallChainLayout {
     /// The root of a call chain
@@ -883,19 +899,149 @@ pub enum CallChainLayout {
     Default,
 
     /// A nested call chain element that uses fluent style.
-    Fluent,
+    Fluent(AttributeState),
 
     /// A nested call chain element not using fluent style.
     NonFluent,
 }
 
+/// Records information about the current position within
+/// a call chain.
+#[derive(Debug, Clone, Copy, PartialEq, Eq)]
+pub enum AttributeState {
+    /// Stores the number of calls or subscripts
+    /// to the left of the current position in a chain.
+    ///
+    /// Consecutive calls/subscripts on a single
+    /// object only count once. For example, if we are at
+    /// `c` in `a.b()[0]()().c()` then this number would be 1.
+    ///
+    /// Caveat: If the root of the chain is parenthesized,
+    /// it contributes +1 to this count, even if it is not
+    /// a call or subscript. But the name
+    /// `CallLikeOrParenthesizedRootPreceding`
+    /// is a tad unwieldy, and this also rarely occurs.
+    CallLikePreceding(u32),
+    /// Indicates that we are at the first called or
+    /// subscripted object in the chain
+    ///
+    /// For example, if we are at `b` in `a.b()[0]()().c()`
+    FirstCallLike,
+    /// Indicates that we are to the left of the first
+    /// called or subscripted object in the chain, and therefore
+    /// need not break.
+    ///
+    /// For example, if we are at `a` in `a.b()[0]()().c()`
+    BeforeFirstCallLike,
+}
+
 impl CallChainLayout {
+    /// Returns new state decreasing count of remaining calls/subscripts
+    /// to traverse, or the state `FirstCallOrSubscript`, as appropriate.
+    #[must_use]
+    pub(crate) fn decrement_call_like_count(self) -> Self {
+        match self {
+            Self::Fluent(AttributeState::CallLikePreceding(x)) => {
+                if x > 1 {
+                    // Recall that we traverse call chains from right to
+                    // left. So after moving from a call/subscript into
+                    // an attribute, we _decrease_ the count of
+                    // _remaining_ calls or subscripts to the left of our
+                    // current position.
+                    Self::Fluent(AttributeState::CallLikePreceding(x - 1))
+                } else {
+                    Self::Fluent(AttributeState::FirstCallLike)
+                }
+            }
+            _ => self,
+        }
+    }
+
+    /// Returns with state change
+    /// `FirstCallOrSubscript` -> `BeforeFirstCallOrSubscript`
+    /// and otherwise returns unchanged.
+    #[must_use]
+    pub(crate) fn transition_after_attribute(self) -> Self {
+        match self {
+            Self::Fluent(AttributeState::FirstCallLike) => {
+                Self::Fluent(AttributeState::BeforeFirstCallLike)
+            }
+            _ => self,
+        }
+    }
+
+    pub(crate) fn is_first_call_like(self) -> bool {
+        matches!(self, Self::Fluent(AttributeState::FirstCallLike))
+    }
+
+    /// Returns either `Fluent` or `NonFluent` depending on a
+    /// heuristic computed for the whole chain.
+    ///
+    /// Explicitly, the criterion to return `Fluent` is
+    /// as follows:
+    ///
+    /// 1. Beginning from the right (i.e. the `expr` itself),
+    ///    traverse inwards past calls, subscripts, and attribute
+    ///    expressions until we meet the first expression that is
+    ///    either none of these or else is parenthesized. This will
+    ///    be the _root_ of the call chain.
+    /// 2. Count the number of _attribute values_ that are _called
+    ///    or subscripted_ in the chain (note that this includes the
+    ///    root but excludes the rightmost attribute in the chain since
+    ///    it is not the _value_ of some attribute).
+    /// 3. If the root is parenthesized, add 1 to that value.
+    /// 4. If the total is at least 2, return `Fluent`. Otherwise
+    ///    return `NonFluent`
     pub(crate) fn from_expression(
         mut expr: ExprRef,
         comment_ranges: &CommentRanges,
         source: &str,
     ) -> Self {
-        let mut attributes_after_parentheses = 0;
+        // TODO(dylan): Once the fluent layout preview style is
+        // stabilized, see if it is possible to simplify some of
+        // the logic around parenthesized roots. (While supporting
+        // both styles it is more difficult to do this.)
+
+        // Count of attribute _values_ which are called or
+        // subscripted, after the leftmost parenthesized
+        // value.
+        //
+        // Examples:
+        // ```
+        // # Count of 3 - notice that .d()
+        // # does not contribute
+        // a().b().c[0]()().d()
+        // # Count of 2 - notice that a()
+        // # does not contribute
+        // (a()).b().c[0].d
+        // ```
+        let mut computed_attribute_values_after_parentheses = 0;
+
+        // Similar to the above, but instead looks at all calls
+        // and subscripts rather than looking only at those on
+        // _attribute values_. So this count can differ from the
+        // above.
+        //
+        // Examples of `computed_attribute_values_after_parentheses` vs
+        // `call_like_count`:
+        //
+        // a().b --->  1 vs 1
+        // a.b().c --> 1 vs 1
+        // a.b() --->  0 vs 1
+        let mut call_like_count = 0;
+
+        // Going from right to left, we traverse calls, subscripts,
+        // and attributes until we get to an expression of a different
+        // kind _or_ to a parenthesized expression. This records
+        // the case where we end the traversal at a parenthesized expression.
+        //
+        // In these cases, the inferred semantics of the chain are different.
+        // We interpret this as the user indicating:
+        // "this parenthesized value is the object of interest and we are
+        // doing transformations on it". This increases our confidence that
+        // this should be fluently formatted, and also means we should make
+        // our first break after this value.
+        let mut root_value_parenthesized = false;
         loop {
             match expr {
                 ExprRef::Attribute(ast::ExprAttribute { value, .. }) => {
@@ -907,10 +1053,10 @@ impl CallChainLayout {
                     // ```
                     if is_expression_parenthesized(value.into(), comment_ranges, source) {
                         // `(a).b`. We preserve these parentheses so don't recurse
-                        attributes_after_parentheses += 1;
+                        root_value_parenthesized = true;
                         break;
                     } else if matches!(value.as_ref(), Expr::Call(_) | Expr::Subscript(_)) {
-                        attributes_after_parentheses += 1;
+                        computed_attribute_values_after_parentheses += 1;
                     }
 
                     expr = ExprRef::from(value.as_ref());
@@ -925,31 +1071,68 @@ impl CallChainLayout {
                 // ```
                 ExprRef::Call(ast::ExprCall { func: inner, .. })
                 | ExprRef::Subscript(ast::ExprSubscript { value: inner, .. }) => {
+                    // We preserve these parentheses so don't recurse
+                    // e.g. (a)[0].x().y().z()
+                    //         ^stop here
+                    if is_expression_parenthesized(inner.into(), comment_ranges, source) {
+                        break;
+                    }
+
+                    // Accumulate the `call_like_count`, but we only
+                    // want to count things like `a()[0]()()` once.
+                    if !inner.is_call_expr() && !inner.is_subscript_expr() {
+                        call_like_count += 1;
+                    }
+
                     expr = ExprRef::from(inner.as_ref());
                 }
                 _ => {
-                    // We to format the following in fluent style:
-                    // ```
-                    // f2 = (a).w().t(1,)
-                    //       ^ expr
-                    // ```
-                    if is_expression_parenthesized(expr, comment_ranges, source) {
-                        attributes_after_parentheses += 1;
-                    }
-
                     break;
                 }
             }
-
-            // We preserve these parentheses so don't recurse
-            if is_expression_parenthesized(expr, comment_ranges, source) {
-                break;
-            }
         }
-        if attributes_after_parentheses < 2 {
+
+        if computed_attribute_values_after_parentheses + u32::from(root_value_parenthesized) < 2 {
             CallChainLayout::NonFluent
         } else {
-            CallChainLayout::Fluent
+            CallChainLayout::Fluent(AttributeState::CallLikePreceding(
+                // We count a parenthesized root value as an extra
+                // call for the purposes of tracking state.
+                //
+                // The reason is that, in this case, we want the first
+                // "special" break to happen right after the root, as
+                // opposed to right after the first called/subscripted
+                // attribute.
+                //
+                // For example:
+                //
+                // ```
+                // (object_of_interest)
+                // .data.filter()
+                // .agg()
+                // .etc()
+                // ```
+                //
+                // instead of (in preview):
+                //
+                // ```
+                // (object_of_interest)
+                // .data
+                // .filter()
+                // .etc()
+                // ```
+                //
+                // For comparison, if we didn't have parentheses around
+                // the root, we want (and get, in preview):
+                //
+                // ```
+                // object_of_interest.data
+                // .filter()
+                // .agg()
+                // .etc()
+                // ```
+                call_like_count + u32::from(root_value_parenthesized),
+            ))
         }
     }
 
@@ -972,9 +1155,13 @@ impl CallChainLayout {
                     CallChainLayout::NonFluent
                 }
             }
-            layout @ (CallChainLayout::Fluent | CallChainLayout::NonFluent) => layout,
+            layout @ (CallChainLayout::Fluent(_) | CallChainLayout::NonFluent) => layout,
         }
     }
+
+    pub(crate) fn is_fluent(self) -> bool {
+        matches!(self, CallChainLayout::Fluent(_))
+    }
 }
 
 #[derive(Debug, Copy, Clone, PartialEq, Eq)]
diff --git a/crates/ruff_python_formatter/src/preview.rs b/crates/ruff_python_formatter/src/preview.rs
index 62b6b90033..ff94f66081 100644
--- a/crates/ruff_python_formatter/src/preview.rs
+++ b/crates/ruff_python_formatter/src/preview.rs
@@ -59,3 +59,10 @@ pub(crate) const fn is_avoid_parens_for_long_as_captures_enabled(
 pub(crate) const fn is_parenthesize_lambda_bodies_enabled(context: &PyFormatContext) -> bool {
     context.is_preview()
 }
+
+/// Returns `true` if the
+/// [`fluent_layout_split_first_call`](https://github.com/astral-sh/ruff/pull/21369) preview
+/// style is enabled.
+pub(crate) const fn is_fluent_layout_split_first_call_enabled(context: &PyFormatContext) -> bool {
+    context.is_preview()
+}
diff --git a/crates/ruff_python_formatter/tests/snapshots/black_compatibility@cases__preview_long_dict_values.py.snap b/crates/ruff_python_formatter/tests/snapshots/black_compatibility@cases__preview_long_dict_values.py.snap
index 93f28b8669..f021bad61c 100644
--- a/crates/ruff_python_formatter/tests/snapshots/black_compatibility@cases__preview_long_dict_values.py.snap
+++ b/crates/ruff_python_formatter/tests/snapshots/black_compatibility@cases__preview_long_dict_values.py.snap
@@ -192,7 +192,7 @@ class Random:
          }
          x = {
              "foobar": (123) + 456,
-@@ -97,24 +94,20 @@
+@@ -97,24 +94,21 @@
  
  
  my_dict = {
@@ -221,13 +221,14 @@ class Random:
 -        .second_call()
 -        .third_call(some_args="some value")
 -    )
-+    "a key in my dict": MyClass.some_attribute.first_call()
++    "a key in my dict": MyClass.some_attribute
++    .first_call()
 +    .second_call()
 +    .third_call(some_args="some value")
  }
  
  {
-@@ -139,17 +132,17 @@
+@@ -139,17 +133,17 @@
  
  class Random:
      def func():
@@ -363,7 +364,8 @@ my_dict = {
     / 100000.0
 }
 my_dict = {
-    "a key in my dict": MyClass.some_attribute.first_call()
+    "a key in my dict": MyClass.some_attribute
+    .first_call()
     .second_call()
     .third_call(some_args="some value")
 }
diff --git a/crates/ruff_python_formatter/tests/snapshots/format@expression__await.py.snap b/crates/ruff_python_formatter/tests/snapshots/format@expression__await.py.snap
index de396cccfb..63b8890e04 100644
--- a/crates/ruff_python_formatter/tests/snapshots/format@expression__await.py.snap
+++ b/crates/ruff_python_formatter/tests/snapshots/format@expression__await.py.snap
@@ -1,7 +1,6 @@
 ---
 source: crates/ruff_python_formatter/tests/fixtures.rs
 input_file: crates/ruff_python_formatter/resources/test/fixtures/ruff/expression/await.py
-snapshot_kind: text
 ---
 ## Input
 ```python
@@ -142,3 +141,20 @@ test_data = await (
     .to_list()
 )
 ```
+
+
+## Preview changes
+```diff
+--- Stable
++++ Preview
+@@ -65,7 +65,8 @@
+ 
+ # https://github.com/astral-sh/ruff/issues/8644
+ test_data = await (
+-    Stream.from_async(async_data)
++    Stream
++    .from_async(async_data)
+     .flat_map_async()
+     .map()
+     .filter_async(is_valid_data)
+```
diff --git a/crates/ruff_python_formatter/tests/snapshots/format@expression__call.py.snap b/crates/ruff_python_formatter/tests/snapshots/format@expression__call.py.snap
index 6b5d7bfa99..6feb06a6ac 100644
--- a/crates/ruff_python_formatter/tests/snapshots/format@expression__call.py.snap
+++ b/crates/ruff_python_formatter/tests/snapshots/format@expression__call.py.snap
@@ -1,7 +1,6 @@
 ---
 source: crates/ruff_python_formatter/tests/fixtures.rs
 input_file: crates/ruff_python_formatter/resources/test/fixtures/ruff/expression/call.py
-snapshot_kind: text
 ---
 ## Input
 ```python
@@ -557,3 +556,20 @@ result = (
 
 result = (object[complicate_caller])("argument").a["b"].test(argument)
 ```
+
+
+## Preview changes
+```diff
+--- Stable
++++ Preview
+@@ -57,7 +57,8 @@
+ 
+ # Call chains/fluent interface (https://black.readthedocs.io/en/stable/the_black_code_style/current_style.html#call-chains)
+ result = (
+-    session.query(models.Customer.id)
++    session
++    .query(models.Customer.id)
+     .filter(
+         models.Customer.account_id == 10000,
+         models.Customer.email == "user@example.org",
+```
diff --git a/crates/ruff_python_formatter/tests/snapshots/format@expression__lambda.py.snap b/crates/ruff_python_formatter/tests/snapshots/format@expression__lambda.py.snap
index 82ee1639d7..393995f523 100644
--- a/crates/ruff_python_formatter/tests/snapshots/format@expression__lambda.py.snap
+++ b/crates/ruff_python_formatter/tests/snapshots/format@expression__lambda.py.snap
@@ -2155,7 +2155,7 @@ transform = (
          ),
          param(
              lambda left, right: (
-@@ -471,9 +463,9 @@
+@@ -471,15 +463,16 @@
          ),
          param(lambda left, right: ibis.timestamp("2017-04-01").cast(dt.date)),
          param(
@@ -2168,7 +2168,15 @@ transform = (
          ),
          # This is too long on one line in the lambda body and gets wrapped
          # inside the body.
-@@ -507,16 +499,18 @@
+         param(
+             lambda left, right: (
+-                ibis.timestamp("2017-04-01")
++                ibis
++                .timestamp("2017-04-01")
+                 .cast(dt.date)
+                 .between(left, right)
+                 .between(left, right)
+@@ -507,16 +500,18 @@
  ]
  
  # adds parentheses around the body
@@ -2190,7 +2198,7 @@ transform = (
  
  lambda x, y, z: (
      x + y + z
-@@ -527,7 +521,7 @@
+@@ -527,7 +522,7 @@
      x + y + z  # trailing eol body
  )
  
@@ -2199,7 +2207,7 @@ transform = (
  
  lambda x, y, z: (
      # leading body
-@@ -539,21 +533,23 @@
+@@ -539,21 +534,23 @@
  )
  
  (
@@ -2233,7 +2241,7 @@ transform = (
      # dangling header comment
      source_bucket
      if name == source_bucket_name
-@@ -561,8 +557,7 @@
+@@ -561,8 +558,7 @@
  )
  
  (
@@ -2243,7 +2251,7 @@ transform = (
          source_bucket
          if name == source_bucket_name
          else storage.Bucket(mock_service, destination_bucket_name)
-@@ -570,61 +565,70 @@
+@@ -570,61 +566,71 @@
  )
  
  (
@@ -2293,7 +2301,8 @@ transform = (
 -    .cast(dt.date)
 -    .between(left, right)
 +    lambda left, right: (
-+        ibis.timestamp("2017-04-01")  # comment
++        ibis
++        .timestamp("2017-04-01")  # comment
 +        .cast(dt.date)
 +        .between(left, right)
 +    )
@@ -2346,7 +2355,7 @@ transform = (
  )
  
  (
-@@ -637,27 +641,31 @@
+@@ -637,27 +643,31 @@
  (
      lambda
      # comment
@@ -2386,7 +2395,7 @@ transform = (
  )
  
  (
-@@ -672,25 +680,28 @@
+@@ -672,25 +682,28 @@
  )
  
  (
@@ -2427,7 +2436,7 @@ transform = (
  )
  
  (
-@@ -698,9 +709,9 @@
+@@ -698,9 +711,9 @@
      # comment 1
      *ergs,
      # comment 2
@@ -2440,7 +2449,7 @@ transform = (
  )
  
  (
-@@ -708,19 +719,20 @@
+@@ -708,19 +721,20 @@
      # 2
      left,  # 3
      # 4
@@ -2471,7 +2480,7 @@ transform = (
          )
      )
  )
-@@ -738,48 +750,52 @@
+@@ -738,48 +752,52 @@
  foo(
      lambda from_ts,  # but still wrap the body if it gets too long
      to_ts,
@@ -2548,7 +2557,7 @@ transform = (
  )
  
  (
-@@ -828,8 +844,7 @@
+@@ -828,8 +846,7 @@
  )
  
  (
diff --git a/crates/ruff_python_formatter/tests/snapshots/format@expression__split_empty_brackets.py.snap b/crates/ruff_python_formatter/tests/snapshots/format@expression__split_empty_brackets.py.snap
index 65fa97cca4..ccb7c95aa6 100644
--- a/crates/ruff_python_formatter/tests/snapshots/format@expression__split_empty_brackets.py.snap
+++ b/crates/ruff_python_formatter/tests/snapshots/format@expression__split_empty_brackets.py.snap
@@ -1,7 +1,6 @@
 ---
 source: crates/ruff_python_formatter/tests/fixtures.rs
 input_file: crates/ruff_python_formatter/resources/test/fixtures/ruff/expression/split_empty_brackets.py
-snapshot_kind: text
 ---
 ## Input
 ```python
diff --git a/crates/ruff_python_formatter/tests/snapshots/format@fluent.py.snap b/crates/ruff_python_formatter/tests/snapshots/format@fluent.py.snap
new file mode 100644
index 0000000000..73213398d5
--- /dev/null
+++ b/crates/ruff_python_formatter/tests/snapshots/format@fluent.py.snap
@@ -0,0 +1,163 @@
+---
+source: crates/ruff_python_formatter/tests/fixtures.rs
+input_file: crates/ruff_python_formatter/resources/test/fixtures/ruff/fluent.py
+---
+## Input
+```python
+# Fixtures for fluent formatting of call chains
+# Note that `fluent.options.json` sets line width to 8
+
+
+x = a.b()
+
+x = a.b().c()
+
+x = a.b().c().d
+
+x = a.b.c.d().e()
+
+x = a.b.c().d.e().f.g()
+
+# Consecutive calls/subscripts are grouped together
+# for the purposes of fluent formatting (though, as 2025.12.15,
+# there may be a break inside of one of these
+# calls/subscripts, but that is unrelated to the fluent format.)
+
+x = a()[0]().b().c()
+
+x = a.b()[0].c.d()[1]().e
+
+# Parentheses affect both where the root of the call
+# chain is and how many calls we require before applying
+# fluent formatting (just 1, in the presence of a parenthesized
+# root, as of 2025.12.15.)
+
+x = (a).b()
+
+x = (a()).b()
+
+x = (a.b()).d.e()
+
+x = (a.b().d).e()
+```
+
+## Outputs
+### Output 1
+```
+indent-style               = space
+line-width                 = 8
+indent-width               = 4
+quote-style                = Double
+line-ending                = LineFeed
+magic-trailing-comma       = Respect
+docstring-code             = Disabled
+docstring-code-line-width  = "dynamic"
+preview                    = Disabled
+target_version             = 3.10
+source_type                = Python
+```
+
+```python
+# Fixtures for fluent formatting of call chains
+# Note that `fluent.options.json` sets line width to 8
+
+
+x = a.b()
+
+x = a.b().c()
+
+x = (
+    a.b()
+    .c()
+    .d
+)
+
+x = a.b.c.d().e()
+
+x = (
+    a.b.c()
+    .d.e()
+    .f.g()
+)
+
+# Consecutive calls/subscripts are grouped together
+# for the purposes of fluent formatting (though, as 2025.12.15,
+# there may be a break inside of one of these
+# calls/subscripts, but that is unrelated to the fluent format.)
+
+x = (
+    a()[
+        0
+    ]()
+    .b()
+    .c()
+)
+
+x = (
+    a.b()[
+        0
+    ]
+    .c.d()[
+        1
+    ]()
+    .e
+)
+
+# Parentheses affect both where the root of the call
+# chain is and how many calls we require before applying
+# fluent formatting (just 1, in the presence of a parenthesized
+# root, as of 2025.12.15.)
+
+x = (
+    a
+).b()
+
+x = (
+    a()
+).b()
+
+x = (
+    a.b()
+).d.e()
+
+x = (
+    a.b().d
+).e()
+```
+
+
+#### Preview changes
+```diff
+--- Stable
++++ Preview
+@@ -7,7 +7,8 @@
+ x = a.b().c()
+ 
+ x = (
+-    a.b()
++    a
++    .b()
+     .c()
+     .d
+ )
+@@ -15,7 +16,8 @@
+ x = a.b.c.d().e()
+ 
+ x = (
+-    a.b.c()
++    a.b
++    .c()
+     .d.e()
+     .f.g()
+ )
+@@ -34,7 +36,8 @@
+ )
+ 
+ x = (
+-    a.b()[
++    a
++    .b()[
+         0
+     ]
+     .c.d()[
+```
diff --git a/crates/ruff_python_formatter/tests/snapshots/format@parentheses__call_chains.py.snap b/crates/ruff_python_formatter/tests/snapshots/format@parentheses__call_chains.py.snap
index 4da30d3632..bbbb6de9df 100644
--- a/crates/ruff_python_formatter/tests/snapshots/format@parentheses__call_chains.py.snap
+++ b/crates/ruff_python_formatter/tests/snapshots/format@parentheses__call_chains.py.snap
@@ -1,7 +1,6 @@
 ---
 source: crates/ruff_python_formatter/tests/fixtures.rs
 input_file: crates/ruff_python_formatter/resources/test/fixtures/ruff/parentheses/call_chains.py
-snapshot_kind: text
 ---
 ## Input
 ```python
@@ -223,6 +222,72 @@ max_message_id = (
     .baz()
 )
 
+# Note in preview we split at `pl` which some
+# folks may dislike. (Similarly with common
+# `np` and `pd` invocations).
+#
+# This is because we cannot reliably predict,
+# just from syntax, whether a short identifier
+# is being used as a 'namespace' or as an 'object'.
+#
+# As of 2025.12.15, we do not indent methods in
+# fluent formatting. If we ever decide to do so,
+# it may make sense to special case call chain roots
+# that are shorter than the indent-width (like Prettier does).
+# This would have the benefit of handling these common
+# two-letter aliases for libraries.
+
+
+expr = (
+    pl.scan_parquet("/data/pypi-parquet/*.parquet")
+    .filter(
+        [
+            pl.col("path").str.contains(
+                r"\.(asm|c|cc|cpp|cxx|h|hpp|rs|[Ff][0-9]{0,2}(?:or)?|go)$"
+            ),
+            ~pl.col("path").str.contains(r"(^|/)test(|s|ing)"),
+            ~pl.col("path").str.contains("/site-packages/", literal=True),
+        ]
+    )
+    .with_columns(
+        month=pl.col("uploaded_on").dt.truncate("1mo"),
+        ext=pl.col("path")
+        .str.extract(pattern=r"\.([a-z0-9]+)$", group_index=1)
+        .str.replace_all(pattern=r"cxx|cpp|cc|c|hpp|h", value="C/C++")
+        .str.replace_all(pattern="^f.*$", value="Fortran")
+        .str.replace("rs", "Rust", literal=True)
+        .str.replace("go", "Go", literal=True)
+        .str.replace("asm", "Assembly", literal=True)
+        .replace({"": None}),
+    )
+    .group_by(["month", "ext"])
+    .agg(project_count=pl.col("project_name").n_unique())
+    .drop_nulls(["ext"])
+    .sort(["month", "project_count"], descending=True)
+)
+
+def indentation_matching_for_loop_in_preview():
+    if make_this:
+        if more_nested_because_line_length:
+            identical_hidden_layer_sizes = all(
+            current_hidden_layer_sizes == first_hidden_layer_sizes
+            for current_hidden_layer_sizes in self.component_config[
+                HIDDEN_LAYERS_SIZES
+            ].values().attr
+           )
+
+def indentation_matching_walrus_in_preview():
+    if make_this:
+        if more_nested_because_line_length:
+            with self.read_ctx(book_type) as cursor:
+                if (entry_count := len(names := cursor.execute(
+                    'SELECT name FROM address_book WHERE address=?',
+                    (address,),
+                ).fetchall().some_attr)) == 0 or len(set(names)) > 1:
+                    return
+
+# behavior with parenthesized roots
+x = (aaaaaaaaaaaaaaaaaaaaaa).bbbbbbbbbbbbbbbbbbb.cccccccccccccccccccccccc().dddddddddddddddddddddddd().eeeeeeeeeeee
 ```
 
 ## Output
@@ -466,4 +531,237 @@ max_message_id = (
     .sum()
     .baz()
 )
+
+# Note in preview we split at `pl` which some
+# folks may dislike. (Similarly with common
+# `np` and `pd` invocations).
+#
+# This is because we cannot reliably predict,
+# just from syntax, whether a short identifier
+# is being used as a 'namespace' or as an 'object'.
+#
+# As of 2025.12.15, we do not indent methods in
+# fluent formatting. If we ever decide to do so,
+# it may make sense to special case call chain roots
+# that are shorter than the indent-width (like Prettier does).
+# This would have the benefit of handling these common
+# two-letter aliases for libraries.
+
+
+expr = (
+    pl.scan_parquet("/data/pypi-parquet/*.parquet")
+    .filter(
+        [
+            pl.col("path").str.contains(
+                r"\.(asm|c|cc|cpp|cxx|h|hpp|rs|[Ff][0-9]{0,2}(?:or)?|go)$"
+            ),
+            ~pl.col("path").str.contains(r"(^|/)test(|s|ing)"),
+            ~pl.col("path").str.contains("/site-packages/", literal=True),
+        ]
+    )
+    .with_columns(
+        month=pl.col("uploaded_on").dt.truncate("1mo"),
+        ext=pl.col("path")
+        .str.extract(pattern=r"\.([a-z0-9]+)$", group_index=1)
+        .str.replace_all(pattern=r"cxx|cpp|cc|c|hpp|h", value="C/C++")
+        .str.replace_all(pattern="^f.*$", value="Fortran")
+        .str.replace("rs", "Rust", literal=True)
+        .str.replace("go", "Go", literal=True)
+        .str.replace("asm", "Assembly", literal=True)
+        .replace({"": None}),
+    )
+    .group_by(["month", "ext"])
+    .agg(project_count=pl.col("project_name").n_unique())
+    .drop_nulls(["ext"])
+    .sort(["month", "project_count"], descending=True)
+)
+
+
+def indentation_matching_for_loop_in_preview():
+    if make_this:
+        if more_nested_because_line_length:
+            identical_hidden_layer_sizes = all(
+                current_hidden_layer_sizes == first_hidden_layer_sizes
+                for current_hidden_layer_sizes in self.component_config[
+                    HIDDEN_LAYERS_SIZES
+                ]
+                .values()
+                .attr
+            )
+
+
+def indentation_matching_walrus_in_preview():
+    if make_this:
+        if more_nested_because_line_length:
+            with self.read_ctx(book_type) as cursor:
+                if (
+                    entry_count := len(
+                        names := cursor.execute(
+                            "SELECT name FROM address_book WHERE address=?",
+                            (address,),
+                        )
+                        .fetchall()
+                        .some_attr
+                    )
+                ) == 0 or len(set(names)) > 1:
+                    return
+
+
+# behavior with parenthesized roots
+x = (
+    (aaaaaaaaaaaaaaaaaaaaaa)
+    .bbbbbbbbbbbbbbbbbbb.cccccccccccccccccccccccc()
+    .dddddddddddddddddddddddd()
+    .eeeeeeeeeeee
+)
+```
+
+
+## Preview changes
+```diff
+--- Stable
++++ Preview
+@@ -21,7 +21,8 @@
+ )
+ 
+ raise OsError("") from (
+-    Blog.objects.filter(
++    Blog.objects
++    .filter(
+         entry__headline__contains="Lennon",
+     )
+     .filter(
+@@ -33,7 +34,8 @@
+ )
+ 
+ raise OsError("sökdjffffsldkfjlhsakfjhalsökafhsöfdahsödfjösaaksjdllllllllllllll") from (
+-    Blog.objects.filter(
++    Blog.objects
++    .filter(
+         entry__headline__contains="Lennon",
+     )
+     .filter(
+@@ -46,7 +48,8 @@
+ 
+ # Break only after calls and indexing
+ b1 = (
+-    session.query(models.Customer.id)
++    session
++    .query(models.Customer.id)
+     .filter(
+         models.Customer.account_id == account_id, models.Customer.email == email_address
+     )
+@@ -54,7 +57,8 @@
+ )
+ 
+ b2 = (
+-    Blog.objects.filter(
++    Blog.objects
++    .filter(
+         entry__headline__contains="Lennon",
+     )
+     .limit_results[:10]
+@@ -70,7 +74,8 @@
+     ).filter(
+         entry__pub_date__year=2008,
+     )
+-    + Blog.objects.filter(
++    + Blog.objects
++    .filter(
+         entry__headline__contains="McCartney",
+     )
+     .limit_results[:10]
+@@ -89,7 +94,8 @@
+ d11 = x.e().e().e()  #
+ d12 = x.e().e().e()  #
+ d13 = (
+-    x.e()  #
++    x
++    .e()  #
+     .e()
+     .e()
+ )
+@@ -101,7 +107,8 @@
+ 
+ # Doesn't fit, fluent style
+ d3 = (
+-    x.e()  #
++    x
++    .e()  #
+     .esadjkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkk()
+     .esadjkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkk()
+ )
+@@ -218,7 +225,8 @@
+ 
+ (
+     (
+-        df1_aaaaaaaaaaaa.merge()
++        df1_aaaaaaaaaaaa
++        .merge()
+         .groupby(
+             1,
+         )
+@@ -228,7 +236,8 @@
+ 
+ (
+     (
+-        df1_aaaaaaaaaaaa.merge()
++        df1_aaaaaaaaaaaa
++        .merge()
+         .groupby(
+             1,
+         )
+@@ -255,19 +264,19 @@
+ 
+ 
+ expr = (
+-    pl.scan_parquet("/data/pypi-parquet/*.parquet")
+-    .filter(
+-        [
+-            pl.col("path").str.contains(
+-                r"\.(asm|c|cc|cpp|cxx|h|hpp|rs|[Ff][0-9]{0,2}(?:or)?|go)$"
+-            ),
+-            ~pl.col("path").str.contains(r"(^|/)test(|s|ing)"),
+-            ~pl.col("path").str.contains("/site-packages/", literal=True),
+-        ]
+-    )
++    pl
++    .scan_parquet("/data/pypi-parquet/*.parquet")
++    .filter([
++        pl.col("path").str.contains(
++            r"\.(asm|c|cc|cpp|cxx|h|hpp|rs|[Ff][0-9]{0,2}(?:or)?|go)$"
++        ),
++        ~pl.col("path").str.contains(r"(^|/)test(|s|ing)"),
++        ~pl.col("path").str.contains("/site-packages/", literal=True),
++    ])
+     .with_columns(
+         month=pl.col("uploaded_on").dt.truncate("1mo"),
+-        ext=pl.col("path")
++        ext=pl
++        .col("path")
+         .str.extract(pattern=r"\.([a-z0-9]+)$", group_index=1)
+         .str.replace_all(pattern=r"cxx|cpp|cc|c|hpp|h", value="C/C++")
+         .str.replace_all(pattern="^f.*$", value="Fortran")
+@@ -288,9 +297,8 @@
+         if more_nested_because_line_length:
+             identical_hidden_layer_sizes = all(
+                 current_hidden_layer_sizes == first_hidden_layer_sizes
+-                for current_hidden_layer_sizes in self.component_config[
+-                    HIDDEN_LAYERS_SIZES
+-                ]
++                for current_hidden_layer_sizes in self
++                .component_config[HIDDEN_LAYERS_SIZES]
+                 .values()
+                 .attr
+             )
+@@ -302,7 +310,8 @@
+             with self.read_ctx(book_type) as cursor:
+                 if (
+                     entry_count := len(
+-                        names := cursor.execute(
++                        names := cursor
++                        .execute(
+                             "SELECT name FROM address_book WHERE address=?",
+                             (address,),
+                         )
 ```
diff --git a/docs/formatter.md b/docs/formatter.md
index a80028d09e..f4c39edabb 100644
--- a/docs/formatter.md
+++ b/docs/formatter.md
@@ -501,6 +501,48 @@ If you want Ruff to split an f-string across multiple lines, ensure there's a li
 [self-documenting f-string]: https://realpython.com/python-f-strings/#self-documenting-expressions-for-debugging
 [configured quote style]: settings.md/#format_quote-style
 
+#### Fluent layout for method chains
+
+At times, when developers write long chains of methods on an object, such as
+
+```python
+x = df.filter(cond).agg(func).merge(other)
+```
+
+the intent is to perform a sequence of transformations or operations
+on a fixed object of interest - in this example, the object `df`.
+Assuming the assigned expression exceeds the `line-length`, this preview
+style will format the above as:
+
+```python
+x = (
+    df
+    .filter(cond)
+    .agg(func)
+    .merge(other)
+)
+```
+
+This deviates from the stable formatting, and also from Black, both
+of which would produce:
+
+
+```python
+x = (
+    df.filter(cond)
+    .agg(func)
+    .merge(other)
+)
+```
+
+Both the stable and preview formatting are variants of something
+called a **fluent layout**.
+
+In general, this preview style differs from the stable style
+only at the first attribute that precedes
+a call or subscript. The preview formatting breaks _before_ this attribute,
+while the stable formatting breaks _after_ the call or subscript.
+
 ## Sorting imports
 
 Currently, the Ruff formatter does not sort imports. In order to both sort imports and format,