Shrek 5 is an upcoming American animated fantasy comedy film loosely based on the 1990 picture book Shrek! by William Steig, produced by DreamWorks Animation and distributed by Universal Pictures. The sequel to Shrek Forever After (2010), it serves as the fifth main installment and the seventh overall installment in the Shrek film series. The film is directed by Walt Dohrn and Conrad Vernon and co-directed by Brad Ableson from a screenplay written by Michael McCullers, and produced by Illumination CEO Chris Meledandri and Gina Shay. Mike Myers, Eddie Murphy, and Cameron Diaz will reprise their respective voice roles as the title character, Donkey, and Princess Fiona from the previous films, with Zendaya joining the cast.

A fifth Shrek film was initially planned after the release of Shrek 2 (2004) with a 2013 release date in mind. However, when former DreamWorks CEO Jeffrey Katzenberg decided to end the franchise in its fourth film, plans for a fifth installment were abandoned and Shrek Forever After was released as the final Shrek film. Eventually, development resurfaced in 2014 and Universal Pictures officially confirmed production of a fifth Shrek film when its parent company, NBCUniversal, bought DreamWorks Animation in 2016 with updates following from March 2017 to July 2024.

Shrek 5 is scheduled to be theatrically released in the United States on December 23, 2026.