diff --git a/crates/red_knot_python_semantic/resources/mdtest/type_properties/is_fully_static.md b/crates/red_knot_python_semantic/resources/mdtest/type_properties/is_fully_static.md
index d7e9828e7a..eb5792c498 100644
--- a/crates/red_knot_python_semantic/resources/mdtest/type_properties/is_fully_static.md
+++ b/crates/red_knot_python_semantic/resources/mdtest/type_properties/is_fully_static.md
@@ -5,7 +5,7 @@ A type is fully static iff it does not contain any gradual forms.
 ## Fully-static
 
 ```py
-from typing_extensions import Literal, LiteralString, Never
+from typing_extensions import Literal, LiteralString, Never, Callable
 from knot_extensions import Intersection, Not, TypeOf, is_fully_static, static_assert
 
 static_assert(is_fully_static(Never))
@@ -38,7 +38,7 @@ static_assert(is_fully_static(type[object]))
 ## Non-fully-static
 
 ```py
-from typing_extensions import Any, Literal, LiteralString
+from typing_extensions import Any, Literal, LiteralString, Callable
 from knot_extensions import Intersection, Not, TypeOf, Unknown, is_fully_static, static_assert
 
 static_assert(not is_fully_static(Any))
@@ -52,3 +52,26 @@ static_assert(not is_fully_static(tuple[Any, ...]))
 static_assert(not is_fully_static(tuple[int, Any]))
 static_assert(not is_fully_static(type[Any]))
 ```
+
+## Callable
+
+```py
+from typing_extensions import Callable, Any
+from knot_extensions import Unknown, is_fully_static, static_assert
+
+static_assert(is_fully_static(Callable[[], int]))
+static_assert(is_fully_static(Callable[[int, str], int]))
+
+static_assert(not is_fully_static(Callable[..., int]))
+static_assert(not is_fully_static(Callable[[], Any]))
+static_assert(not is_fully_static(Callable[[int, Unknown], int]))
+```
+
+The invalid forms of `Callable` annotation are never fully static because we represent them with the
+`(...) -> Unknown` signature.
+
+```py
+static_assert(not is_fully_static(Callable))
+# error: [invalid-type-form]
+static_assert(not is_fully_static(Callable[int, int]))
+```
diff --git a/crates/red_knot_python_semantic/src/types.rs b/crates/red_knot_python_semantic/src/types.rs
index 195a397d20..91b16019a4 100644
--- a/crates/red_knot_python_semantic/src/types.rs
+++ b/crates/red_knot_python_semantic/src/types.rs
@@ -1331,11 +1331,7 @@ impl<'db> Type<'db> {
                 .elements(db)
                 .iter()
                 .all(|elem| elem.is_fully_static(db)),
-            Type::Callable(CallableType::General(_)) => {
-                // TODO: `Callable` is not fully static when the parameter argument is `...` or
-                // when any parameter type or return type is not fully static.
-                false
-            }
+            Type::Callable(CallableType::General(callable)) => callable.is_fully_static(db),
         }
     }
 
@@ -4518,6 +4514,30 @@ impl<'db> GeneralCallableType<'db> {
             Signature::new(Parameters::unknown(), Some(Type::unknown())),
         )
     }
+
+    /// Returns `true` if this is a fully static callable type.
+    ///
+    /// A callable type is fully static if all of its parameters and return type are fully static
+    /// and if it does not use gradual form (`...`) for its parameters.
+    pub(crate) fn is_fully_static(self, db: &'db dyn Db) -> bool {
+        let signature = self.signature(db);
+
+        if signature.parameters().is_gradual() {
+            return false;
+        }
+
+        if signature.parameters().iter().any(|parameter| {
+            parameter
+                .annotated_type()
+                .is_some_and(|annotated_type| !annotated_type.is_fully_static(db))
+        }) {
+            return false;
+        }
+
+        signature
+            .return_ty
+            .is_some_and(|return_type| return_type.is_fully_static(db))
+    }
 }
 
 /// A type that represents callable objects.