diff --git a/bitnami/thanos/Chart.yaml b/bitnami/thanos/Chart.yaml
index f3e780dc6b..2259156c17 100644
--- a/bitnami/thanos/Chart.yaml
+++ b/bitnami/thanos/Chart.yaml
@@ -35,4 +35,4 @@ maintainers:
 name: thanos
 sources:
 - https://github.com/bitnami/charts/tree/main/bitnami/thanos
-version: 12.22.1
+version: 12.23.0
diff --git a/bitnami/thanos/README.md b/bitnami/thanos/README.md
index fb7e2da3b4..9b66d653a9 100644
--- a/bitnami/thanos/README.md
+++ b/bitnami/thanos/README.md
@@ -653,6 +653,7 @@ Check the section [Integrate Thanos with Prometheus and Alertmanager](#integrate
 | `compactor.ingress.path`                                      | Ingress path                                                                                                                     | `/`                      |
 | `compactor.ingress.pathType`                                  | Ingress path type                                                                                                                | `ImplementationSpecific` |
 | `compactor.persistence.enabled`                               | Enable data persistence using PVC(s) on Thanos Compactor pods                                                                    | `true`                   |
+| `compactor.persistence.ephemeral`                             | Use ephemeral volume for data persistence using PVC(s) on Thanos Compactor pods                                                  | `false`                  |
 | `compactor.persistence.defaultEmptyDir`                       | Defaults to emptyDir if persistence is disabled.                                                                                 | `true`                   |
 | `compactor.persistence.storageClass`                          | Specify the `storageClass` used to provision the volume                                                                          | `""`                     |
 | `compactor.persistence.accessModes`                           | PVC Access Modes for data volume                                                                                                 | `["ReadWriteOnce"]`      |
diff --git a/bitnami/thanos/templates/compactor/_pod-template.tpl b/bitnami/thanos/templates/compactor/_pod-template.tpl
index 9ff93ad2bb..de46913c57 100644
--- a/bitnami/thanos/templates/compactor/_pod-template.tpl
+++ b/bitnami/thanos/templates/compactor/_pod-template.tpl
@@ -223,8 +223,30 @@ spec:
     {{- if or .Values.compactor.persistence.enabled .Values.compactor.persistence.defaultEmptyDir }}
     - name: data
       {{- if .Values.compactor.persistence.enabled }}
+      {{- if .Values.compactor.persistence.ephemeral }}
+      ephemeral:
+        volumeClaimTemplate:
+          metadata:
+            {{- $labels := include "common.tplvalues.merge" ( dict "values" ( list .Values.compactor.persistence.labels .Values.commonLabels ) "context" . ) }}
+            labels: {{- include "common.labels.standard" ( dict "customLabels" $labels "context" $ ) | nindent 14 }}
+              app.kubernetes.io/component: compactor
+            {{- if or .Values.compactor.persistence.annotations .Values.commonAnnotations }}
+            {{- $annotations := include "common.tplvalues.merge" ( dict "values" ( list .Values.compactor.persistence.annotations .Values.commonAnnotations ) "context" . ) }}
+            annotations: {{- include "common.tplvalues.render" ( dict "value" $annotations "context" $) | nindent 14 }}
+            {{- end }}
+          spec:
+            accessModes:
+            {{- range .Values.compactor.persistence.accessModes }}
+              - {{ . | quote }}
+            {{- end }}
+            {{- include "common.storage.class" (dict "persistence" .Values.compactor.persistence "global" .Values.global) | nindent 12 }}
+            resources:
+              requests:
+                storage: {{ .Values.compactor.persistence.size | quote }}
+      {{- else }}
       persistentVolumeClaim:
         claimName: {{ include "thanos.compactor.pvcName" . }}
+      {{- end }}
       {{- else }}
       emptyDir: {}
       {{- end }}
diff --git a/bitnami/thanos/templates/compactor/pvc.yaml b/bitnami/thanos/templates/compactor/pvc.yaml
index 9e41c87286..6083515440 100644
--- a/bitnami/thanos/templates/compactor/pvc.yaml
+++ b/bitnami/thanos/templates/compactor/pvc.yaml
@@ -3,7 +3,7 @@ Copyright VMware, Inc.
 SPDX-License-Identifier: APACHE-2.0
 */}}
 
-{{- if and .Values.compactor.persistence.enabled (not .Values.compactor.persistence.existingClaim) .Values.compactor.enabled }}
+{{- if and .Values.compactor.persistence.enabled (not (or .Values.compactor.persistence.existingClaim .Values.compactor.persistence.ephemeral)) .Values.compactor.enabled }}
 kind: PersistentVolumeClaim
 apiVersion: v1
 metadata:
diff --git a/bitnami/thanos/values.yaml b/bitnami/thanos/values.yaml
index 1272343dfd..b569307af9 100644
--- a/bitnami/thanos/values.yaml
+++ b/bitnami/thanos/values.yaml
@@ -2222,6 +2222,9 @@ compactor:
     ## @param compactor.persistence.enabled Enable data persistence using PVC(s) on Thanos Compactor pods
     ##
     enabled: true
+    ## @param compactor.persistence.ephemeral Use ephemeral volume for data persistence using PVC(s) on Thanos Compactor pods
+    ##
+    ephemeral: false
     ## @param compactor.persistence.defaultEmptyDir Defaults to emptyDir if persistence is disabled.
     ##
     defaultEmptyDir: true