diff --git a/sys-kernel/virtme-ng/Manifest b/sys-kernel/virtme-ng/Manifest
index d939864d2b113..1103a7fe325f7 100644
--- a/sys-kernel/virtme-ng/Manifest
+++ b/sys-kernel/virtme-ng/Manifest
@@ -8,3 +8,4 @@ DIST nix-0.29.0.crate 318248 BLAKE2B 3a13a88375a359cf77b28d7f77f47f178bd31ef74b7
 DIST uzers-0.12.1.crate 29272 BLAKE2B 1a79446814c636702a8845291c8f0add0a0a6b468de8e07a7d8fc5bc3098490e48125abc809c0f44a9e47c9becb4806e29dcf390a6311f952de35a886b85d721 SHA512 93c4160bfcbdca57a3c945b73a94d1ba8612e0258950f7c10307dd57c838a0664890cbe34a98649c18fb783744423a7fd240da8b5eabe1e660a533e9b32f6260
 DIST virtme-ng-1.36.gh.tar.gz 97536 BLAKE2B 6e9ef8458649b55b49fc9c948ff780f4c0619736331eb771dba39d8f0e71a55a1b05ceaa1cb52e2e975a17f66d356504858b74fcecb615954882c1d8f267292e SHA512 6b054fe7669bf2afef3c80d77e2f9d84da445620efd278d14f7ef8131524c9e63c728bd5509ced10f18feaa9d3e59205eec2e5951e8261cd4aefc8a39f67c227
 DIST virtme-ng-1.38.gh.tar.gz 100944 BLAKE2B d1ca6e7d4117feed94465c9144d222225fad0f11b158d1a9a4705a43e3910a60872c757f1754b6eeb1084e742e6d434356c5a70bc4c67f4d2cb9626e54397054 SHA512 6e74f63efec8af4e73196e66097f6cf14509f82d3075e7719f7967bceaaa2dfe179a86761429404f106d53dc8b7f5ccc8bdad123d676cbb8ca891df87f3bb157
+DIST virtme-ng-1.40.gh.tar.gz 112417 BLAKE2B 3c5063384d86a3644251e2825af32561b4b3498e6ea60f6d98ce4abd34b8994adc585ac49890014ffee294469acfc5e43ae8860608369a0a4c45588ffc1333fe SHA512 60e25a21d9adcb65f4dfcf81a7a6b7ff39ce1726e4e5af446275d3b9333eee13e3325f95d34658c95a9e0f1ef87ad3ce38bd8d7cffeadec6b8150d8669cb1d88
diff --git a/sys-kernel/virtme-ng/virtme-ng-1.40.ebuild b/sys-kernel/virtme-ng/virtme-ng-1.40.ebuild
new file mode 100644
index 0000000000000..0eb97011b8221
--- /dev/null
+++ b/sys-kernel/virtme-ng/virtme-ng-1.40.ebuild
@@ -0,0 +1,89 @@
+# Copyright 1999-2026 Gentoo Authors
+# Distributed under the terms of the GNU General Public License v2
+
+EAPI=8
+
+DISTUTILS_USE_PEP517=setuptools
+PYTHON_COMPAT=( python3_{11..14} )
+RUST_MIN_VER="1.75.0"
+
+# for virtme-ng-init
+CRATES="
+	base64@0.22.1
+	bitflags@2.8.0
+	cfg-if@1.0.0
+	cfg_aliases@0.2.1
+	libc@0.2.169
+	log@0.4.21
+	nix@0.29.0
+	uzers@0.12.1
+"
+
+inherit cargo distutils-r1 shell-completion
+
+DESCRIPTION="Quickly build and run kernels inside a virtualized snapshot of your live system"
+HOMEPAGE="https://github.com/arighi/virtme-ng"
+
+SRC_URI="
+	https://github.com/arighi/virtme-ng/archive/refs/tags/v${PV}.tar.gz
+		-> ${P}.gh.tar.gz
+	${CARGO_CRATE_URIS}
+"
+
+LICENSE="GPL-2"
+# Dependent crate licenses for virtme-ng-init
+LICENSE+=" MIT"
+SLOT="0"
+
+KEYWORDS="~amd64"
+
+DEPEND="
+	dev-python/argcomplete[${PYTHON_USEDEP}]
+	dev-python/requests[${PYTHON_USEDEP}]
+"
+RDEPEND="
+	${DEPEND}
+	app-emulation/qemu
+	app-emulation/virtiofsd
+	net-misc/openssh
+	net-misc/socat
+	sys-apps/busybox[static]
+"
+BDEPEND="dev-python/argparse-manpage[${PYTHON_USEDEP}]"
+
+src_prepare() {
+	default
+
+	sed -i /data_files=data_files/d setup.py || die
+}
+
+src_configure() {
+	distutils-r1_src_configure
+
+	cd virtme_ng_init || die
+	cargo_src_configure
+}
+
+src_compile() {
+	distutils-r1_src_compile
+
+	cd virtme_ng_init || die
+	cargo_src_compile
+}
+
+src_test() {
+	distutils-r1_src_test
+
+	cd virtme_ng_init || die
+	cargo_src_test
+}
+
+src_install() {
+	distutils-r1_src_install
+	newbashcomp virtme-ng-prompt virtme-ng
+	newbashcomp vng-prompt vng
+	dozshcomp virtme-ng-prompt vng-prompt
+
+	cd virtme_ng_init || die
+	cargo_src_install
+}