diff --git a/homeassistant/components/profiler/__init__.py b/homeassistant/components/profiler/__init__.py
index 9b4164c9f4144e..d2a94dfae05c45 100644
--- a/homeassistant/components/profiler/__init__.py
+++ b/homeassistant/components/profiler/__init__.py
@@ -22,7 +22,6 @@
 from .const import DOMAIN
 
 SERVICE_START = "start"
-SERVICE_MEMORY = "memory"
 SERVICE_START_LOG_OBJECTS = "start_log_objects"
 SERVICE_STOP_LOG_OBJECTS = "stop_log_objects"
 SERVICE_DUMP_LOG_OBJECTS = "dump_log_objects"
@@ -32,7 +31,6 @@
 
 SERVICES = (
     SERVICE_START,
-    SERVICE_MEMORY,
     SERVICE_START_LOG_OBJECTS,
     SERVICE_STOP_LOG_OBJECTS,
     SERVICE_DUMP_LOG_OBJECTS,
@@ -58,10 +56,6 @@ async def _async_run_profile(call: ServiceCall) -> None:
         async with lock:
             await _async_generate_profile(hass, call)
 
-    async def _async_run_memory_profile(call: ServiceCall) -> None:
-        async with lock:
-            await _async_generate_memory_profile(hass, call)
-
     async def _async_start_log_objects(call: ServiceCall) -> None:
         if LOG_INTERVAL_SUB in domain_data:
             domain_data[LOG_INTERVAL_SUB]()
@@ -162,16 +156,6 @@ async def _async_dump_scheduled(call: ServiceCall) -> None:
         ),
     )
 
-    async_register_admin_service(
-        hass,
-        DOMAIN,
-        SERVICE_MEMORY,
-        _async_run_memory_profile,
-        schema=vol.Schema(
-            {vol.Optional(CONF_SECONDS, default=60.0): vol.Coerce(float)}
-        ),
-    )
-
     async_register_admin_service(
         hass,
         DOMAIN,
@@ -265,37 +249,6 @@ async def _async_generate_profile(hass: HomeAssistant, call: ServiceCall):
     )
 
 
-async def _async_generate_memory_profile(hass: HomeAssistant, call: ServiceCall):
-    # Imports deferred to avoid loading modules
-    # in memory since usually only one part of this
-    # integration is used at a time
-    from guppy import hpy  # pylint: disable=import-outside-toplevel
-
-    start_time = int(time.time() * 1000000)
-    persistent_notification.async_create(
-        hass,
-        (
-            "The memory profile has started. This notification will be updated when it"
-            " is complete."
-        ),
-        title="Profile Started",
-        notification_id=f"memory_profiler_{start_time}",
-    )
-    heap_profiler = hpy()
-    heap_profiler.setref()
-    await asyncio.sleep(float(call.data[CONF_SECONDS]))
-    heap = heap_profiler.heap()
-
-    heap_path = hass.config.path(f"heap_profile.{start_time}.hpy")
-    await hass.async_add_executor_job(_write_memory_profile, heap, heap_path)
-    persistent_notification.async_create(
-        hass,
-        f"Wrote heapy memory profile to {heap_path}",
-        title="Profile Complete",
-        notification_id=f"memory_profiler_{start_time}",
-    )
-
-
 def _write_profile(profiler, cprofile_path, callgrind_path):
     # Imports deferred to avoid loading modules
     # in memory since usually only one part of this
@@ -307,10 +260,6 @@ def _write_profile(profiler, cprofile_path, callgrind_path):
     convert(profiler.getstats(), callgrind_path)
 
 
-def _write_memory_profile(heap, heap_path):
-    heap.byrcs.dump(heap_path)
-
-
 def _log_objects(*_):
     # Imports deferred to avoid loading modules
     # in memory since usually only one part of this
diff --git a/homeassistant/components/profiler/manifest.json b/homeassistant/components/profiler/manifest.json
index 11896c02fdd3b6..ce4a5b2bf3e1b3 100644
--- a/homeassistant/components/profiler/manifest.json
+++ b/homeassistant/components/profiler/manifest.json
@@ -5,5 +5,5 @@
   "config_flow": true,
   "documentation": "https://www.home-assistant.io/integrations/profiler",
   "quality_scale": "internal",
-  "requirements": ["pyprof2calltree==1.4.5", "guppy3==3.1.2", "objgraph==3.5.0"]
+  "requirements": ["pyprof2calltree==1.4.5", "objgraph==3.5.0"]
 }
diff --git a/homeassistant/components/profiler/services.yaml b/homeassistant/components/profiler/services.yaml
index 8d9ae35ed1074e..da3128ca60abe0 100644
--- a/homeassistant/components/profiler/services.yaml
+++ b/homeassistant/components/profiler/services.yaml
@@ -11,19 +11,6 @@ start:
           min: 1
           max: 3600
           unit_of_measurement: seconds
-memory:
-  name: Memory
-  description: Start the Memory Profiler
-  fields:
-    seconds:
-      name: Seconds
-      description: The number of seconds to run the memory profiler.
-      default: 60.0
-      selector:
-        number:
-          min: 1
-          max: 3600
-          unit_of_measurement: seconds
 start_log_objects:
   name: Start log objects
   description: Start logging growth of objects in memory
diff --git a/requirements_all.txt b/requirements_all.txt
index 9e452e9d5df5fb..0e361981a359a7 100644
--- a/requirements_all.txt
+++ b/requirements_all.txt
@@ -848,9 +848,6 @@ gspread==5.5.0
 # homeassistant.components.gstreamer
 gstreamer-player==1.1.2
 
-# homeassistant.components.profiler
-guppy3==3.1.2
-
 # homeassistant.components.iaqualink
 h2==4.1.0
 
diff --git a/requirements_test_all.txt b/requirements_test_all.txt
index 7e127811fc382c..06e7e624de85d4 100644
--- a/requirements_test_all.txt
+++ b/requirements_test_all.txt
@@ -643,9 +643,6 @@ growattServer==1.3.0
 # homeassistant.components.google_sheets
 gspread==5.5.0
 
-# homeassistant.components.profiler
-guppy3==3.1.2
-
 # homeassistant.components.iaqualink
 h2==4.1.0
 
diff --git a/tests/components/profiler/test_init.py b/tests/components/profiler/test_init.py
index 0fc70d3ce0d891..ade27f1ad16033 100644
--- a/tests/components/profiler/test_init.py
+++ b/tests/components/profiler/test_init.py
@@ -10,7 +10,6 @@
     SERVICE_DUMP_LOG_OBJECTS,
     SERVICE_LOG_EVENT_LOOP_SCHEDULED,
     SERVICE_LOG_THREAD_FRAMES,
-    SERVICE_MEMORY,
     SERVICE_START,
     SERVICE_START_LOG_OBJECTS,
     SERVICE_STOP_LOG_OBJECTS,
@@ -53,36 +52,6 @@ def _mock_path(filename):
     await hass.async_block_till_done()
 
 
-async def test_memory_usage(hass, tmpdir):
-    """Test we can setup and the service is registered."""
-    test_dir = tmpdir.mkdir("profiles")
-
-    entry = MockConfigEntry(domain=DOMAIN)
-    entry.add_to_hass(hass)
-
-    assert await hass.config_entries.async_setup(entry.entry_id)
-    await hass.async_block_till_done()
-
-    assert hass.services.has_service(DOMAIN, SERVICE_MEMORY)
-
-    last_filename = None
-
-    def _mock_path(filename):
-        nonlocal last_filename
-        last_filename = f"{test_dir}/{filename}"
-        return last_filename
-
-    with patch("guppy.hpy") as mock_hpy, patch.object(hass.config, "path", _mock_path):
-        await hass.services.async_call(
-            DOMAIN, SERVICE_MEMORY, {CONF_SECONDS: 0.000001}, blocking=True
-        )
-
-        mock_hpy.assert_called_once()
-
-    assert await hass.config_entries.async_unload(entry.entry_id)
-    await hass.async_block_till_done()
-
-
 async def test_object_growth_logging(
     hass: HomeAssistant, caplog: pytest.LogCaptureFixture
 ) -> None: