diff --git a/config/config.exs b/config/config.exs
index 3f582015e..480a70af5 100644
--- a/config/config.exs
+++ b/config/config.exs
@@ -4,8 +4,9 @@ if config_env() == :test do
   config :junit_formatter, include_filename?: true
 
   config :membrane_core, :telemetry_flags, [
-    :links,
-    :inits_and_terminates,
+  :links,
+  :inits_and_terminates,
+  :spans
     # {:metrics, [:buffer, :bitrate, :queue_len, :stream_format, :event, :store, :take_and_demand]}
   ]
 end
diff --git a/lib/membrane/core/element.ex b/lib/membrane/core/element.ex
index 682b55c97..5fb081a03 100644
--- a/lib/membrane/core/element.ex
+++ b/lib/membrane/core/element.ex
@@ -96,7 +96,9 @@ defmodule Membrane.Core.Element do
   @impl GenServer
   def init(options) do
     Utils.log_on_error do
-      do_init(options)
+      Telemetry.report_span :element, :init do
+        do_init(options)
+      end
     end
   end
 
@@ -118,7 +120,7 @@ defmodule Membrane.Core.Element do
       SubprocessSupervisor.start_utility(options.subprocess_supervisor, {ResourceGuard, self()})
 
     Telemetry.report_init(:element)
-      path = Membrane.ComponentPath.get_formatted()
+    path = Membrane.ComponentPath.get_formatted()
     ResourceGuard.register(resource_guard, fn -> Telemetry.report_terminate(:element, path) end)
 
     self_pid = self()
@@ -163,8 +165,10 @@ defmodule Membrane.Core.Element do
   @impl GenServer
   def handle_continue(:setup, state) do
     Utils.log_on_error do
-      state = LifecycleController.handle_setup(state)
-      {:noreply, state}
+      Telemetry.report_span :element, :setup do
+        state = LifecycleController.handle_setup(state)
+        {:noreply, state}
+      end
     end
   end
 
diff --git a/lib/membrane/core/telemetry.ex b/lib/membrane/core/telemetry.ex
index c39fbad5e..6e67e9ab7 100644
--- a/lib/membrane/core/telemetry.ex
+++ b/lib/membrane/core/telemetry.ex
@@ -28,7 +28,7 @@ defmodule Membrane.Core.Telemetry do
     report_event(
       event,
       value,
-      Keyword.get(@telemetry_flags, :metrics, []) |> Enum.find(&(&1 == metric)) != nil
+      Keyword.get(@telemetry_flags, :metrics, []) |> Enum.member?(metric)
     )
   end
 
@@ -60,7 +60,7 @@ defmodule Membrane.Core.Telemetry do
     report_event(
       event,
       value,
-      Keyword.get(@telemetry_flags, :metrics, []) |> Enum.find(&(&1 == :bitrate)) != nil
+      Keyword.get(@telemetry_flags, :metrics, []) |> Enum.member?(:bitrate)
     )
   end
 
@@ -96,7 +96,7 @@ defmodule Membrane.Core.Telemetry do
         }
       end
 
-    report_event(event, value, Enum.find(@telemetry_flags, &(&1 == :links)) != nil)
+    report_event(event, value, Enum.member?(@telemetry_flags, :links))
   end
 
   @doc """
@@ -115,12 +115,33 @@ defmodule Membrane.Core.Telemetry do
         %{log_metadata: Logger.metadata()}
       end
 
-    report_event(
-      event,
-      value,
-      Enum.find(@telemetry_flags, &(&1 == :inits_and_terminates)) != nil,
-      metadata
-    )
+    report_event(event, value, Enum.member?(@telemetry_flags, :inits_and_terminates), metadata)
+  end
+
+  defmacro report_span(type, subtype, do: block) do
+    enabled = Enum.member?(@telemetry_flags, :spans)
+
+    if enabled do
+      quote do
+        {time, val} =
+          :timer.tc(fn ->
+            unquote(block)
+          end)
+
+        path = ComponentPath.get()
+        log_metadata = Logger.metadata()
+
+        :telemetry.execute(
+          [:membrane, unquote(type), :span, unquote(subtype)],
+          %{time: time, time_unit: :microseconds, path: path},
+          %{log_metadata: Logger.metadata()}
+        )
+
+        val
+      end
+    else
+      block
+    end
   end
 
   @doc """
@@ -128,18 +149,18 @@ defmodule Membrane.Core.Telemetry do
   """
   defmacro report_terminate(type, path) when type in [:pipeline, :bin, :element] do
     event = [:membrane, type, :terminate]
-    value = quote do %{path: unquote(path)} end
 
-    report_event(
-      event,
-      value,
-      Enum.find(@telemetry_flags, &(&1 == :inits_and_terminates)) != nil
-    )
+    value =
+      quote do
+        %{path: unquote(path)}
+      end
+
+    report_event(event, value, Enum.member?(@telemetry_flags, :inits_and_terminates))
   end
 
   # Conditional event reporting of telemetry events
-  defp report_event(event_name, measurement, enable, metadata \\ nil) do
-    if enable do
+  defp report_event(event_name, measurement, enabled, metadata \\ nil) do
+    if enabled do
       quote do
         :telemetry.execute(
           unquote(event_name),
diff --git a/test/membrane/telemetry_test.exs b/test/membrane/telemetry_test.exs
index 587bf6d38..a65a1b826 100644
--- a/test/membrane/telemetry_test.exs
+++ b/test/membrane/telemetry_test.exs
@@ -1,6 +1,5 @@
 defmodule Membrane.TelemetryTest do
   use ExUnit.Case, async: false
-
   import Membrane.ChildrenSpec
 
   require Logger
@@ -10,9 +9,7 @@ defmodule Membrane.TelemetryTest do
     use Membrane.Filter
 
     def_input_pad :input, flow_control: :manual, accepted_format: _any, demand_unit: :buffers
-
     def_output_pad :output, flow_control: :manual, accepted_format: _any
-
     def_options target: [spec: pid()]
 
     @impl true
@@ -43,6 +40,8 @@ defmodule Membrane.TelemetryTest do
   end
 
   describe "Telemetry attaching" do
+    @tag :telemetry
+
     test "handles init events", %{ref: ref, links: links} do
       :ok =
         [
@@ -91,11 +90,45 @@ defmodule Membrane.TelemetryTest do
     end
   end
 
+  describe "Telemetry reports" do
+    @tag :telemetry
+
+    @paths ~w[:filter :sink :source]
+    @steps [:init, :setup]
+
+    setup %{links: links} do
+      ref = make_ref()
+
+      for step <- @steps do
+        [:membrane, :element, :span, step]
+      end
+      |> attach_to_events(ref)
+
+      Testing.Pipeline.start_link_supervised!(spec: links)
+      [ref: ref]
+    end
+
+    for path <- @paths, step <- @steps do
+      test "#{path}/#{step}", %{ref: ref} do
+        path = unquote(path)
+        step = unquote(step)
+
+        assert_receive(
+          {^ref, :telemetry_ack,
+           {[:membrane, :element, :span, ^step], %{path: [_, ^path], time: time}, _}}
+        )
+
+        assert time > 0
+      end
+    end
+  end
+
   defp attach_to_events(events, ref) do
-    :telemetry.attach_many(ref, events, &TelemetryListener.handle_event/4, %{
-      dest: self(),
-      ref: ref
-    })
+    :ok =
+      :telemetry.attach_many(ref, events, &TelemetryListener.handle_event/4, %{
+        dest: self(),
+        ref: ref
+      })
   end
 
   defp extract_type(%{path: pid_type}) do