diff --git a/Doc/library/xml.etree.elementtree.rst b/Doc/library/xml.etree.elementtree.rst
index 4f2497c8246be30..bbe621fca14cf70 100644
--- a/Doc/library/xml.etree.elementtree.rst
+++ b/Doc/library/xml.etree.elementtree.rst
@@ -188,9 +188,17 @@ remove the processed children from it::
 
 These examples are not universal,
 they only give an idea for two common cases.
-If you do not need a tree at all,
-parse with :class:`XMLParser` and a custom target instead;
-it is not built then, and nothing has to be removed.
+If you do not need the tree,
+parse with the :class:`XMLPullTarget` target instead:
+it reports the elements without building a tree,
+and :meth:`XMLPullParser.expand` builds the subtree of an element
+when it is needed::
+
+   it = ET.iterparse(source, events=('start', 'end'), target=ET.XMLPullTarget())
+   for event, elem in it:
+       if event == 'start' and elem.tag == 'record':
+           it.expand(elem)
+           process(elem)
 
 Where *immediate* feedback through events is wanted, calling method
 :meth:`XMLPullParser.flush` can help reduce delay;
@@ -1332,6 +1340,60 @@ QName Objects
 
 
 
+.. _elementtree-xmlpulltarget-objects:
+
+XMLPullTarget Objects
+^^^^^^^^^^^^^^^^^^^^^
+
+
+.. class:: XMLPullTarget(element_factory=None)
+
+   A target of :class:`XMLParser` which reports elements
+   without building a tree.
+   It can be used with :class:`XMLPullParser` and :func:`iterparse`,
+   which report the objects returned by its methods.
+   The reported object is an :class:`Element` with the tag, the attributes
+   and, for the ``"end"`` event, the text, but without children:
+   they are reported as their own events.
+   Nothing is kept, so a document of any size can be parsed
+   with a constant amount of memory.
+
+   *element_factory*, when given, is called to create new elements,
+   like the argument of :class:`TreeBuilder` with the same name.
+
+   Use :meth:`XMLPullParser.expand` to build the subtree of an element.
+
+   .. method:: start(tag, attrib)
+
+      Opens a new element and returns it, without children and text.
+
+   .. method:: data(data)
+
+      Adds text to the current element,
+      or to the tail of the last closed one.
+
+   .. method:: end(tag)
+
+      Closes the current element and returns the same object
+      which was returned by :meth:`start`, with its text,
+      but still without children.
+
+   .. method:: comment(text)
+
+      Handles a comment and returns a comment element.
+
+   .. method:: pi(target, text=None)
+
+      Handles a processing instruction
+      and returns a processing instruction element.
+
+   .. method:: close()
+
+      Returns ``None``.
+
+   .. versionadded:: next
+
+
 .. _elementtree-treebuilder-objects:
 
 TreeBuilder Objects
@@ -1588,6 +1650,23 @@ XMLPullParser Objects
       Any events not yet retrieved when the parser is closed can still be
       read with :meth:`read_events`.
 
+   .. method:: expand(element)
+
+      Build the subtree of *element* from the events which are already read
+      from the parser, and return *element*.
+      The events of its descendants are consumed and the corresponding
+      objects are added to it, up to the ``"end"`` event of *element*.
+
+      Both the ``"start"`` and the ``"end"`` events should be reported,
+      and the ``"start"`` event of *element* should be already read.
+      :exc:`ValueError` is raised if the element is not complete yet;
+      feed more data to the parser and call :meth:`!expand` again.
+      The iterator returned by :func:`iterparse` has a method with the same
+      name which reads more data itself.
+
+      .. versionadded:: next
+
+
    .. method:: read_events()
 
       Return an iterator over the events which have been encountered in the
diff --git a/Doc/whatsnew/3.16.rst b/Doc/whatsnew/3.16.rst
index 2eccc8e35605596..c3d5c2458098bfe 100644
--- a/Doc/whatsnew/3.16.rst
+++ b/Doc/whatsnew/3.16.rst
@@ -715,6 +715,14 @@ xml
   building a tree for it.
   (Contributed by Serhiy Storchaka in :gh:`63102`.)
 
+* Add :class:`~xml.etree.ElementTree.XMLPullTarget`, a parser target which
+  reports elements without children, and
+  :meth:`~xml.etree.ElementTree.XMLPullParser.expand`, which builds the
+  subtree of a reported element.
+  They allow to process a document of any size with a constant amount of
+  memory, like :mod:`xml.dom.pulldom`, but much faster.
+  (Contributed by Serhiy Storchaka in :gh:`63102`.)
+
 zipfile
 -------
 
diff --git a/Lib/test/test_xml_etree.py b/Lib/test/test_xml_etree.py
index f87a47045dd1713..2062bbabeec4454 100644
--- a/Lib/test/test_xml_etree.py
+++ b/Lib/test/test_xml_etree.py
@@ -1681,6 +1681,42 @@ def test_target(self):
             ])
             self.assertIsNone(it.root)
 
+    def test_pull_target(self):
+        with open(SIMPLE_XMLFILE, 'rb') as f:
+            it = ET.iterparse(f, events=('start', 'end'),
+                              target=ET.XMLPullTarget())
+            self.assertEqual([(action, elem.tag) for action, elem in it], [
+                ('start', 'root'),
+                ('start', 'element'),
+                ('end', 'element'),
+                ('start', 'element'),
+                ('end', 'element'),
+                ('start', 'empty-element'),
+                ('end', 'empty-element'),
+                ('end', 'root'),
+            ])
+            self.assertIsNone(it.root)
+
+    def test_pull_target_expand(self):
+        with open(SIMPLE_XMLFILE, 'rb') as f:
+            it = ET.iterparse(f, events=('start', 'end'),
+                              target=ET.XMLPullTarget())
+            action, root = next(it)
+            self.assertEqual((action, root.tag), ('start', 'root'))
+            action, elem = next(it)
+            self.assertEqual((action, elem.tag), ('start', 'element'))
+            self.assertIs(it.expand(elem), elem)
+            self.assertEqual(ET.tostring(elem).rstrip(),
+                             b'<element key="value">text</element>')
+            # the events of the subtree are consumed
+            self.assertEqual([(action, elem.tag) for action, elem in it], [
+                ('start', 'element'),
+                ('end', 'element'),
+                ('start', 'empty-element'),
+                ('end', 'empty-element'),
+                ('end', 'root'),
+            ])
+
     def test_parser_with_target(self):
         with open(SIMPLE_XMLFILE, 'rb') as f:
             parser = ET.XMLParser(target=self.Target())
@@ -1879,6 +1915,59 @@ def assert_event_tuples(self, parser, expected, max_events=None):
             list(islice(parser.read_events(), max_events)),
             expected)
 
+    def test_pull_target(self):
+        # the target reports elements without children
+        parser = ET.XMLPullParser(events=('start', 'end', 'comment', 'pi'),
+                                  target=ET.XMLPullTarget())
+        self._feed(parser,
+                   "<root a='1'><!-- c --><?pitarget data?><a>t<b/></a></root>")
+        events = list(parser.read_events())
+        self.assertEqual([(action, getattr(obj.tag, '__name__', obj.tag))
+                          for action, obj in events],
+                         [('start', 'root'), ('comment', 'Comment'),
+                          ('pi', 'ProcessingInstruction'),
+                          ('start', 'a'), ('start', 'b'), ('end', 'b'),
+                          ('end', 'a'), ('end', 'root')])
+        root = events[0][1]
+        self.assertEqual(root.attrib, {'a': '1'})
+        self.assertEqual(len(root), 0)
+        self.assertEqual(events[1][1].text, ' c ')
+        self.assertEqual(events[2][1].text, 'pitarget data')
+        a_start, a_end = events[3][1], events[-2][1]
+        self.assertIs(a_start, a_end)
+        self.assertEqual(a_end.text, 't')
+        self.assertEqual(len(a_end), 0)
+        self.assertIsNone(parser.close())
+
+    def test_pull_target_expand(self):
+        parser = ET.XMLPullParser(events=('start', 'end'),
+                                  target=ET.XMLPullTarget())
+        self._feed(parser, "<root><a x='1'>t<b>deep</b></a><c/></root>")
+        parser.close()
+        events = parser.read_events()
+        action, root = next(events)
+        self.assertEqual((action, root.tag), ('start', 'root'))
+        action, a = next(events)
+        self.assertEqual((action, a.tag), ('start', 'a'))
+        self.assertIs(parser.expand(a), a)
+        self.assertEqual(ET.tostring(a), b'<a x="1">t<b>deep</b></a>')
+        # the events of the subtree are consumed, the rest is intact
+        self.assertEqual([(action, obj.tag) for action, obj in events],
+                         [('start', 'c'), ('end', 'c'), ('end', 'root')])
+
+    def test_pull_target_expand_incomplete(self):
+        parser = ET.XMLPullParser(events=('start', 'end'),
+                                  target=ET.XMLPullTarget())
+        self._feed(parser, "<root><a>t")
+        events = parser.read_events()
+        next(events)
+        action, a = next(events)
+        with self.assertRaises(ValueError):
+            parser.expand(a)
+        self._feed(parser, "</a></root>")
+        self.assertIs(parser.expand(a), a)
+        self.assertEqual(ET.tostring(a), b'<a>t</a>')
+
     def assert_event_tags(self, parser, expected, max_events=None):
         events = islice(parser.read_events(), max_events)
         self.assertEqual([(action, elem.tag) for action, elem in events],
diff --git a/Lib/xml/etree/ElementTree.py b/Lib/xml/etree/ElementTree.py
index 3b4bfa3bd483c2d..0d009dd481ba2c0 100644
--- a/Lib/xml/etree/ElementTree.py
+++ b/Lib/xml/etree/ElementTree.py
@@ -84,7 +84,7 @@
     "tostring", "tostringlist",
     "TreeBuilder",
     "XML", "XMLID",
-    "XMLParser", "XMLPullParser",
+    "XMLParser", "XMLPullParser", "XMLPullTarget",
     "register_namespace",
     "canonicalize", "C14NWriterTarget",
     ]
@@ -1287,6 +1287,17 @@ def iterator(source):
     class IterParseIterator(collections.abc.Iterator):
         __next__ = gen.__next__
 
+        def expand(self, element):
+            """Build the subtree of *element*, reading more data if needed."""
+            while True:
+                try:
+                    return pullparser.expand(element)
+                except ValueError:
+                    data = source.read(16 * 1024)
+                    if not data:
+                        raise
+                    pullparser.feed(data)
+
         def close(self):
             nonlocal close_source
             if close_source:
@@ -1365,6 +1376,39 @@ def read_events(self):
             else:
                 yield event
 
+    def expand(self, element):
+        """Build the subtree of *element* from the queued events.
+
+        The events of the descendants of *element* are consumed and the
+        corresponding objects are added to it, up to the "end" event of
+        *element* itself.  Returns *element*.
+
+        Both the "start" and the "end" events should be reported, and
+        the "start" event of *element* should be already read.
+        Raise ValueError if the element is not complete yet: feed more data
+        and call expand() again.
+        """
+        events = self._events_queue
+        stack = [element]
+        n = 0
+        for event in events:
+            n += 1
+            if isinstance(event, Exception):
+                raise event
+            kind, obj = event
+            if kind == 'start':
+                stack[-1].append(obj)
+                stack.append(obj)
+            elif kind == 'end':
+                if obj is element:
+                    for _ in range(n):
+                        events.popleft()
+                    return element
+                stack.pop()
+            elif kind in ('comment', 'pi'):
+                stack[-1].append(obj)
+        raise ValueError("the element is not complete yet")
+
     def flush(self):
         if self._parser is None:
             raise ValueError("flush() called after end of stream")
@@ -1551,6 +1595,82 @@ def _handle_single(self, factory, insert, *args):
         return elem
 
 
+class XMLPullTarget:
+    """Parser target which reports elements without building a tree.
+
+    It can be used with XMLPullParser and iterparse().  The reported object
+    is an Element with the tag, the attributes and, for the "end" event, the
+    text, but without children: they are reported as their own events.
+    Nothing is kept, so a document of any size can be parsed with a constant
+    amount of memory.
+
+    Use XMLPullParser.expand() to build the subtree of an element.
+
+    """
+    def __init__(self, element_factory=None):
+        if element_factory is None:
+            element_factory = Element
+        self._factory = element_factory
+        self._stack = []
+        self._last = None
+        self._tail = False
+
+    def start(self, tag, attrib):
+        """Open a new element.
+
+        Returns the new Element, without children and text.
+        """
+        elem = self._factory(tag, attrib)
+        self._stack.append(elem)
+        self._last = elem
+        self._tail = False
+        return elem
+
+    def data(self, data):
+        """Add text to the current element or to the last closed one."""
+        last = self._last
+        if last is None:
+            return
+        if self._tail:
+            last.tail = last.tail + data if last.tail else data
+        else:
+            last.text = last.text + data if last.text else data
+
+    def end(self, tag):
+        """Close the current element.
+
+        Returns the same Element which was returned by start(), with its
+        text, but still without children.
+        """
+        elem = self._stack.pop()
+        self._last = elem
+        self._tail = True
+        return elem
+
+    def comment(self, text):
+        """Handle a comment.  Returns a comment element."""
+        elem = Comment(text)
+        self._last = elem
+        self._tail = True
+        return elem
+
+    def pi(self, target, text=None):
+        """Handle a processing instruction.
+
+        Returns a processing instruction element.
+        """
+        elem = ProcessingInstruction(target, text)
+        self._last = elem
+        self._tail = True
+        return elem
+
+    def close(self):
+        """Flush the buffers and return None."""
+        self._stack.clear()
+        self._last = None
+        return None
+
+
 # also see ElementTree and TreeBuilder
 class XMLParser:
     """Element structure builder for XML source data based on the expat parser.
diff --git a/Misc/NEWS.d/next/Library/2026-09-04-16-40-00.gh-issue-63102.Bt5nQ4.rst b/Misc/NEWS.d/next/Library/2026-09-04-16-40-00.gh-issue-63102.Bt5nQ4.rst
new file mode 100644
index 000000000000000..ea7890aa7466ef8
--- /dev/null
+++ b/Misc/NEWS.d/next/Library/2026-09-04-16-40-00.gh-issue-63102.Bt5nQ4.rst
@@ -0,0 +1,6 @@
+Add :class:`xml.etree.ElementTree.XMLPullTarget`, a parser target which
+reports elements without building a tree, and
+:meth:`~xml.etree.ElementTree.XMLPullParser.expand`, which builds the subtree
+of a reported element from the events which follow it.  Together they allow
+processing a document of any size with a constant amount of memory, like
+:mod:`xml.dom.pulldom`, but much faster.