diff --git a/src/System.Management.Automation/engine/CommandCompletion/CompletionCompleters.cs b/src/System.Management.Automation/engine/CommandCompletion/CompletionCompleters.cs
index 853b79e784..1d346e0259 100644
--- a/src/System.Management.Automation/engine/CommandCompletion/CompletionCompleters.cs
+++ b/src/System.Management.Automation/engine/CommandCompletion/CompletionCompleters.cs
@@ -2030,19 +2030,17 @@ namespace System.Management.Automation
             {
                 try
                 {
-                    if (argumentCompleterAttribute.Type != null)
+                    var completer = argumentCompleterAttribute.CreateArgumentCompleter();
+
+                    if (completer != null)
                     {
-                        var completer = Activator.CreateInstance(argumentCompleterAttribute.Type) as IArgumentCompleter;
-                        if (completer != null)
+                        var customResults = completer.CompleteArgument(commandName, parameterName,
+                            context.WordToComplete, commandAst, GetBoundArgumentsAsHashtable(context));
+                        if (customResults != null)
                         {
-                            var customResults = completer.CompleteArgument(commandName, parameterName,
-                                context.WordToComplete, commandAst, GetBoundArgumentsAsHashtable(context));
-                            if (customResults != null)
-                            {
-                                result.AddRange(customResults);
-                                result.Add(CompletionResult.Null);
-                                return;
-                            }
+                            result.AddRange(customResults);
+                            result.Add(CompletionResult.Null);
+                            return;
                         }
                     }
                     else
diff --git a/src/System.Management.Automation/engine/CommandCompletion/ExtensibleCompletion.cs b/src/System.Management.Automation/engine/CommandCompletion/ExtensibleCompletion.cs
index 777fc6c16f..0978262c0e 100644
--- a/src/System.Management.Automation/engine/CommandCompletion/ExtensibleCompletion.cs
+++ b/src/System.Management.Automation/engine/CommandCompletion/ExtensibleCompletion.cs
@@ -40,19 +40,40 @@ namespace System.Management.Automation
             Type = type;
         }
 
+        /// <summary>
+        /// Initializes a new instance of the <see cref="ArgumentCompleterAttribute"/> class.
+        /// This constructor is used by derived attributes implementing <see cref="IArgumentCompleterFactory"/>.
+        /// </summary>
+        protected ArgumentCompleterAttribute()
+        {
+            if (this is not IArgumentCompleterFactory)
+            {
+                throw PSTraceSource.NewInvalidOperationException();
+            }
+        }
+
         /// <summary>
         /// This constructor is used primarily via PowerShell scripts.
         /// </summary>
         /// <param name="scriptBlock"></param>
         public ArgumentCompleterAttribute(ScriptBlock scriptBlock)
         {
-            if (scriptBlock == null)
+            if (scriptBlock is null)
             {
                 throw PSTraceSource.NewArgumentNullException(nameof(scriptBlock));
             }
 
             ScriptBlock = scriptBlock;
         }
+
+        internal IArgumentCompleter CreateArgumentCompleter()
+        {
+            return Type != null
+                ? Activator.CreateInstance(Type) as IArgumentCompleter
+                : this is IArgumentCompleterFactory factory
+                    ? factory.Create()
+                    : null;
+        }
     }
 
     /// <summary>
@@ -85,6 +106,67 @@ namespace System.Management.Automation
     }
 #nullable restore
 
+    /// <summary>
+    /// Creates a new argument completer.
+    /// </summary>
+    /// <para>
+    /// If an attribute that derives from <see cref="ArgumentCompleterAttribute"/> implements this interface,
+    /// it will be used to create the <see cref="IArgumentCompleter"/>, thus giving a way to parameterize a completer.
+    /// The derived attribute can have properties or constructor arguments that are used when creating the completer.
+    /// </para>
+    /// <example>
+    /// This example shows the intended usage of <see cref="IArgumentCompleterFactory"/> to pass arguments to an argument completer.
+    /// <code>
+    /// public class NumberCompleterAttribute : ArgumentCompleterAttribute, IArgumentCompleterFactory {
+    ///    private readonly int _from;
+    ///    private readonly int _to;
+    ///
+    ///    public NumberCompleterAttribute(int from, int to){
+    ///       _from = from;
+    ///       _to = to;
+    ///    }
+    ///
+    ///    // use the attribute parameters to create a parameterized completer
+    ///    IArgumentCompleter Create() => new NumberCompleter(_from, _to);
+    /// }
+    ///
+    /// class NumberCompleter : IArgumentCompleter {
+    ///    private readonly int _from;
+    ///    private readonly int _to;
+    ///
+    ///    public NumberCompleter(int from, int to){
+    ///       _from = from;
+    ///       _to = to;
+    ///    }
+    ///
+    ///    IEnumerable{CompletionResult} CompleteArgument(string commandName, string parameterName, string wordToComplete,
+    ///       CommandAst commandAst, IDictionary fakeBoundParameters) {
+    ///       for(int i = _from; i &lt; _to; i++) {
+    ///           yield return new CompletionResult(i.ToString());
+    ///       }
+    ///    }
+    /// }
+    /// </code>
+    /// </example>
+    public interface IArgumentCompleterFactory
+    {
+        /// <summary>
+        /// Creates an instance of a class implementing the <see cref="IArgumentCompleter"/> interface.
+        /// </summary>
+        /// <returns>An IArgumentCompleter instance.</returns>
+        IArgumentCompleter Create();
+    }
+
+    /// <summary>
+    /// Base class for parameterized argument completer attributes.
+    /// </summary>
+    [AttributeUsage(AttributeTargets.Field | AttributeTargets.Property)]
+    public abstract class ArgumentCompleterFactoryAttribute : ArgumentCompleterAttribute, IArgumentCompleterFactory
+    {
+        /// <inheritdoc />
+        public abstract IArgumentCompleter Create();
+    }
+
     /// <summary>
     /// </summary>
     [Cmdlet(VerbsLifecycle.Register, "ArgumentCompleter", HelpUri = "https://go.microsoft.com/fwlink/?LinkId=528576")]
diff --git a/test/powershell/Language/Parser/ExtensibleCompletion.Tests.ps1 b/test/powershell/Language/Parser/ExtensibleCompletion.Tests.ps1
index 3c9edd4391..3514f38971 100644
--- a/test/powershell/Language/Parser/ExtensibleCompletion.Tests.ps1
+++ b/test/powershell/Language/Parser/ExtensibleCompletion.Tests.ps1
@@ -175,6 +175,77 @@ function TestFunction
     )
 }
 
+
+class NumberCompleter : IArgumentCompleter
+{
+
+    [int] $From
+    [int] $To
+    [int] $Step
+
+    NumberCompleter([int] $from, [int] $to, [int] $step)
+    {
+        if ($from -gt $to) {
+            throw [ArgumentOutOfRangeException]::new("from")
+        }
+        $this.From = $from
+        $this.To = $to
+        $this.Step = if($step -lt 1) { 1 } else { $step }
+    }
+
+    [IEnumerable[CompletionResult]] CompleteArgument(
+        [string] $CommandName,
+        [string] $parameterName,
+        [string] $wordToComplete,
+        [CommandAst] $commandAst,
+        [IDictionary] $fakeBoundParameters)
+    {
+        $resultList = [List[CompletionResult]]::new()
+        $local:to = $this.To
+        for ($i = $this.From; $i -le $to; $i += $this.Step) {
+            if ($i.ToString().StartsWith($wordToComplete, [System.StringComparison]::Ordinal)) {
+                $num = $i.ToString()
+                $resultList.Add([CompletionResult]::new($num, $num, "ParameterValue", $num))
+            }
+        }
+
+        return $resultList
+    }
+}
+
+class NumberCompletionAttribute : ArgumentCompleterAttribute, IArgumentCompleterFactory
+{
+    [int] $From
+    [int] $To
+    [int] $Step
+
+    NumberCompletionAttribute([int] $from, [int] $to)
+    {
+        $this.From = $from
+        $this.To = $to
+        $this.Step = 1
+    }
+
+    [IArgumentCompleter] Create() { return [NumberCompleter]::new($this.From, $this.To, $this.Step) }
+}
+
+function FactoryCompletionAdd {
+    param(
+        [NumberCompletion(0, 50, Step = 5)]
+        [int] $Number
+    )
+}
+
+Describe "Factory based extensible completion" -Tags "CI" {
+    @{
+        ExpectedResults = @(
+            @{CompletionText = "5"; ResultType = "ParameterValue" }
+            @{CompletionText = "50"; ResultType = "ParameterValue" }
+        )
+        TestInput       = 'FactoryCompletionAdd -Number 5'
+    } | Get-CompletionTestCaseData | Test-Completions
+}
+
 Describe "Script block based extensible completion" -Tags "CI" {
     @{
         ExpectedResults = @(