diff --git a/change/@splunk-otel-2d6ee85d-fc60-475e-803d-c860c932e1f4.json b/change/@splunk-otel-2d6ee85d-fc60-475e-803d-c860c932e1f4.json
new file mode 100644
index 00000000..fa96ab5e
--- /dev/null
+++ b/change/@splunk-otel-2d6ee85d-fc60-475e-803d-c860c932e1f4.json
@@ -0,0 +1,7 @@
+{
+  "type": "minor",
+  "comment": "add support for SPLUNK_REALM",
+  "packageName": "@splunk/otel",
+  "email": "siimkallas@gmail.com",
+  "dependentChangeType": "patch"
+}
diff --git a/docs/advanced-config.md b/docs/advanced-config.md
index 495a742c..65d46e29 100644
--- a/docs/advanced-config.md
+++ b/docs/advanced-config.md
@@ -38,6 +38,7 @@ This distribution supports all the configuration options supported by the compon
 | `OTEL_TRACES_SAMPLER`                                           | `parentbased_always_on` | Stable  | Sampler to be used for traces. See [Sampling](https://github.com/open-telemetry/opentelemetry-specification/blob/main/specification/trace/sdk.md#sampling)
 | `OTEL_TRACES_SAMPLER_ARG`                                       |                         | Stable  | String value to be used as the sampler argument. Only be used if OTEL_TRACES_SAMPLER is set.
 | `SPLUNK_ACCESS_TOKEN`<br>`accessToken`                          |                         | Stable  | The optional access token for exporting signal data directly to SignalFx API.
+| `SPLUNK_REALM`<br>`realm`                                       |                         | Stable  | The name of your organization's realm, for example, ``us0``. When you set the realm, telemetry is sent directly to the ingest endpoint of Splunk Observability Cloud, bypassing the Splunk OpenTelemetry Collector.
 | `SPLUNK_TRACE_RESPONSE_HEADER_ENABLED`<br>`serverTimingEnabled` | `true`                  | Stable  | Enable injection of `Server-Timing` header to HTTP responses.
 | `SPLUNK_REDIS_INCLUDE_COMMAND_ARGS` | `false`                  | Stable  | Will include the full redis query in `db.statement` span attribute when using `redis` instrumentation.
 
diff --git a/src/metrics/index.ts b/src/metrics/index.ts
index 0343b9c4..53209d1b 100644
--- a/src/metrics/index.ts
+++ b/src/metrics/index.ts
@@ -28,6 +28,7 @@ import * as signalfx from 'signalfx';
 
 export interface MetricsOptions {
   accessToken: string;
+  realm?: string;
   endpoint: string;
   serviceName: string;
   // Metrics-specific configuration options:
@@ -83,6 +84,7 @@ export type StartMetricsOptions = Partial<MetricsOptions> & {
 
 export const allowedMetricsOptions = [
   'accessToken',
+  'realm',
   'endpoint',
   'exportInterval',
   'serviceName',
@@ -284,10 +286,26 @@ export function _setDefaultOptions(
 ): MetricsOptions & { sfxClient: signalfx.SignalClient } {
   const accessToken =
     options.accessToken || process.env.SPLUNK_ACCESS_TOKEN || '';
-  const endpoint =
-    options.endpoint ||
-    process.env.SPLUNK_METRICS_ENDPOINT ||
-    'http://localhost:9943';
+
+  let endpoint = options.endpoint || process.env.SPLUNK_METRICS_ENDPOINT;
+
+  const realm = options.realm || process.env.SPLUNK_REALM || '';
+
+  if (realm) {
+    if (!accessToken) {
+      throw new Error(
+        'Splunk realm is set, but access token is unset. To send metrics to the Observability Cloud, both need to be set'
+      );
+    }
+
+    if (!endpoint) {
+      endpoint = `https://ingest.${realm}.signalfx.com`;
+    }
+  }
+
+  if (!endpoint) {
+    endpoint = 'http://localhost:9943';
+  }
 
   const resource = detectResource();
 
diff --git a/src/profiling/proto/profile.js b/src/profiling/proto/profile.js
index e8df60ac..b96cbdbb 100644
--- a/src/profiling/proto/profile.js
+++ b/src/profiling/proto/profile.js
@@ -1,3 +1,4 @@
+/* istanbul ignore file */
 /*eslint-disable block-scoped-var, id-length, no-control-regex, no-magic-numbers, no-prototype-builtins, no-redeclare, no-shadow, no-var, sort-vars*/
 "use strict";
 
diff --git a/src/tracing/options.ts b/src/tracing/options.ts
index 4e4309e4..074c69a6 100644
--- a/src/tracing/options.ts
+++ b/src/tracing/options.ts
@@ -56,6 +56,7 @@ export type CaptureHttpUriParameters = (
 
 export interface Options {
   accessToken: string;
+  realm?: string;
   endpoint?: string;
   serviceName: string;
   // Tracing-specific configuration options:
@@ -70,6 +71,7 @@ export interface Options {
 
 export const allowedTracingOptions = [
   'accessToken',
+  'realm',
   'captureHttpRequestUriParams',
   'endpoint',
   'instrumentations',
@@ -90,6 +92,26 @@ export function _setDefaultOptions(options: Partial<Options> = {}): Options {
   options.accessToken =
     options.accessToken || process.env.SPLUNK_ACCESS_TOKEN || '';
 
+  options.realm = options.realm || process.env.SPLUNK_REALM || '';
+
+  const exporterType = resolveExporterType(options);
+
+  if (options.realm) {
+    if (!options.accessToken) {
+      throw new Error(
+        'Splunk realm is set, but access token is unset. To send traces to the Observability Cloud, both need to be set'
+      );
+    }
+
+    if (!options.endpoint) {
+      if (isJaegerExporter(exporterType)) {
+        if (!process.env.OTEL_EXPORTER_JAEGER_ENDPOINT) {
+          options.endpoint = `https://ingest.${options.realm}.signalfx.com/v2/trace/jaegerthrift`;
+        }
+      }
+    }
+  }
+
   if (options.serverTimingEnabled === undefined) {
     options.serverTimingEnabled = getEnvBoolean(
       'SPLUNK_TRACE_RESPONSE_HEADER_ENABLED',
@@ -128,7 +150,7 @@ export function _setDefaultOptions(options: Partial<Options> = {}): Options {
 
   // factories
   if (options.spanExporterFactory === undefined) {
-    options.spanExporterFactory = resolveTracesExporter();
+    options.spanExporterFactory = resolveTracesExporter(exporterType);
   }
   options.spanProcessorFactory =
     options.spanProcessorFactory || defaultSpanProcessorFactory;
@@ -167,34 +189,7 @@ export function _setDefaultOptions(options: Partial<Options> = {}): Options {
   };
 }
 
-export function resolveTracesExporter(): SpanExporterFactory {
-  const factory =
-    SpanExporterMap[process.env.OTEL_TRACES_EXPORTER || 'default'];
-  assert.strictEqual(
-    typeof factory,
-    'function',
-    `Invalid value for OTEL_TRACES_EXPORTER env variable: ${util.inspect(
-      process.env.OTEL_TRACES_EXPORTER
-    )}. Pick one of ${util.inspect(Object.keys(SpanExporterMap), {
-      compact: true,
-    })} or leave undefined.`
-  );
-  return factory;
-}
-
-export function otlpSpanExporterFactory(options: Options): SpanExporter {
-  const metadata = new Metadata();
-  if (options.accessToken) {
-    // for forward compatibility, is not currently supported
-    metadata.set('X-SF-TOKEN', options.accessToken);
-  }
-  return new OTLPTraceExporter({
-    url: options.endpoint,
-    metadata,
-  });
-}
-
-function genericJaegerSpanExporterFactory(
+function jaegerThriftSpanExporterFactory(
   defaultEndpoint: string,
   options: Options
 ): SpanExporter {
@@ -217,20 +212,27 @@ function genericJaegerSpanExporterFactory(
   return new JaegerExporter(jaegerOptions);
 }
 
-export const jaegerSpanExporterFactory = genericJaegerSpanExporterFactory.bind(
+export const jaegerSpanExporterFactory = jaegerThriftSpanExporterFactory.bind(
   null,
   'http://localhost:14268/v1/traces'
 );
-export const splunkSpanExporterFactory = genericJaegerSpanExporterFactory.bind(
+export const splunkSpanExporterFactory = jaegerThriftSpanExporterFactory.bind(
   null,
   'http://localhost:9080/v1/trace'
 );
 
-export function consoleSpanExporterFactory(): SpanExporter {
-  return new ConsoleSpanExporter();
-}
+const SUPPORTED_EXPORTER_TYPES = [
+  'default',
+  'console-splunk',
+  'jaeger-thrift-http',
+  'jaeger-thrift-splunk',
+  'otlp',
+  'otlp-grpc',
+];
 
-const SpanExporterMap: Record<string, SpanExporterFactory> = {
+type ExporterType = typeof SUPPORTED_EXPORTER_TYPES[number];
+
+const SpanExporterMap: Record<ExporterType, SpanExporterFactory> = {
   default: otlpSpanExporterFactory,
   'console-splunk': consoleSpanExporterFactory,
   'jaeger-thrift-http': jaegerSpanExporterFactory,
@@ -239,6 +241,72 @@ const SpanExporterMap: Record<string, SpanExporterFactory> = {
   'otlp-grpc': otlpSpanExporterFactory,
 };
 
+function isSupportedRealmExporter(exporterType: string) {
+  return ['jaeger-thrift-splunk', 'jaeger-thrift-http'].includes(exporterType);
+}
+
+function isValidExporterType(type: string): boolean {
+  return SUPPORTED_EXPORTER_TYPES.includes(type);
+}
+
+function isJaegerExporter(exporterType: ExporterType): boolean {
+  return ['jaeger-thrift-splunk', 'jaeger-thrift-http'].includes(exporterType);
+}
+
+function resolveExporterType(options: Partial<Options>): ExporterType {
+  let tracesExporter: string | undefined = process.env.OTEL_TRACES_EXPORTER;
+
+  if (options.realm) {
+    if (tracesExporter) {
+      if (!isSupportedRealmExporter(tracesExporter)) {
+        throw new Error(
+          'Setting the Splunk realm with an explicit OTEL_TRACES_EXPORTER requires OTEL_TRACES_EXPORTER to be jaeger-thrift-splunk'
+        );
+      }
+    } else {
+      tracesExporter = 'jaeger-thrift-splunk';
+    }
+  }
+
+  if (tracesExporter === undefined) {
+    tracesExporter = 'default';
+  }
+
+  if (!isValidExporterType(tracesExporter)) {
+    throw new Error(
+      `Invalid value for OTEL_TRACES_EXPORTER env variable: ${util.inspect(
+        process.env.OTEL_TRACES_EXPORTER
+      )}. Pick one of ${util.inspect(SUPPORTED_EXPORTER_TYPES, {
+        compact: true,
+      })} or leave undefined.`
+    );
+  }
+
+  return tracesExporter;
+}
+
+export function resolveTracesExporter(
+  exporterType: ExporterType
+): SpanExporterFactory {
+  return SpanExporterMap[exporterType];
+}
+
+export function otlpSpanExporterFactory(options: Options): SpanExporter {
+  const metadata = new Metadata();
+  if (options.accessToken) {
+    // for forward compatibility, is not currently supported
+    metadata.set('X-SF-TOKEN', options.accessToken);
+  }
+  return new OTLPTraceExporter({
+    url: options.endpoint,
+    metadata,
+  });
+}
+
+export function consoleSpanExporterFactory(): SpanExporter {
+  return new ConsoleSpanExporter();
+}
+
 // Temporary workaround until https://github.com/open-telemetry/opentelemetry-js/issues/3094 is resolved
 function getBatchSpanProcessorConfig() {
   // OTel uses its own parsed environment, we can just use the default env if the BSP delay is unset.
diff --git a/test/metrics.test.ts b/test/metrics.test.ts
index c85dd996..ba16cb50 100644
--- a/test/metrics.test.ts
+++ b/test/metrics.test.ts
@@ -126,6 +126,32 @@ describe('metrics', () => {
         node_version: process.versions.node,
       });
     });
+
+    it('throws when realm is set without an access token', () => {
+      process.env.SPLUNK_REALM = 'eu0';
+      assert.throws(
+        _setDefaultOptions,
+        /To send metrics to the Observability Cloud/
+      );
+    });
+
+    it('chooses the correct endpoint when realm is set', () => {
+      process.env.SPLUNK_REALM = 'eu0';
+      process.env.SPLUNK_ACCESS_TOKEN = 'abc';
+      const options = _setDefaultOptions();
+      assert.deepStrictEqual(
+        options.endpoint,
+        'https://ingest.eu0.signalfx.com'
+      );
+    });
+
+    it('prefers user endpoint when realm is set', () => {
+      process.env.SPLUNK_REALM = 'eu0';
+      process.env.SPLUNK_ACCESS_TOKEN = 'abc';
+      process.env.SPLUNK_METRICS_ENDPOINT = 'http://localhost:9999';
+      const options = _setDefaultOptions();
+      assert.deepStrictEqual(options.endpoint, 'http://localhost:9999');
+    });
   });
 
   describe('startMetrics', () => {
diff --git a/test/options.test.ts b/test/options.test.ts
index e4282f5e..92e97ba1 100644
--- a/test/options.test.ts
+++ b/test/options.test.ts
@@ -33,6 +33,7 @@ import * as instrumentations from '../src/instrumentations';
 import {
   _setDefaultOptions,
   defaultPropagatorFactory,
+  jaegerSpanExporterFactory,
   otlpSpanExporterFactory,
   splunkSpanExporterFactory,
   defaultSpanProcessorFactory,
@@ -218,6 +219,41 @@ describe('options', () => {
       'foobar'
     );
   });
+
+  describe('Splunk Realm', () => {
+    beforeEach(utils.cleanEnvironment);
+
+    it('throws when setting SPLUNK_REALM without an access token', () => {
+      process.env.SPLUNK_REALM = 'us0';
+      assert.throws(
+        _setDefaultOptions,
+        /Splunk realm is set, but access token is unset/
+      );
+    });
+
+    it('chooses the correct Jaeger Thrift endpoint when realm is set', () => {
+      process.env.SPLUNK_REALM = 'us0';
+      process.env.SPLUNK_ACCESS_TOKEN = 'abc';
+
+      const options = _setDefaultOptions();
+      assert.deepStrictEqual(
+        options.endpoint,
+        'https://ingest.us0.signalfx.com/v2/trace/jaegerthrift'
+      );
+      assert.deepStrictEqual(
+        options.spanExporterFactory,
+        splunkSpanExporterFactory
+      );
+    });
+
+    it('throws when setting the realm with an incompatible SPLUNK_TRACES_EXPORTER', () => {
+      process.env.SPLUNK_REALM = 'us0';
+      process.env.SPLUNK_ACCESS_TOKEN = 'abc';
+      process.env.OTEL_TRACES_EXPORTER = 'otlp-grpc';
+
+      assert.throws(_setDefaultOptions, /jaeger-thrift-splunk/);
+    });
+  });
 });
 
 class TestInstrumentation extends InstrumentationBase {