The gradient HPLC method was developed to detect and quantify four related substances (FIP, FHO-2, STG-01, and desfluoro) in ezetimibe drug material. The efficient separation was carried out on Water X-Select CSH C18 column (4.6 mm × 100 mm, 2.5 μm). The impurities were separated in gradient mode of elution with 0.1% trifluoroacetic acid in water (mobile phase A) and 0.1% trifluoroacetic acid in acetonitrile (mobile phase B) at a flow rate of 1.0 ml /min. The effluents were detected at 254 nm. The method has been validated in compliance with the regulatory standards suggested by the International Conference on Harmonization. The parameters validated included precision, linearity, detection limit, quantification limit, specificity, accuracy, and robustness. The method showed good linearity from 0.03 μg/ml to 1.5 μg/ml for FIP, FHO-2, STG-01, and desfluoro. The developed method was applied to determine the studied impurities in three different batches of ezetimibe drug material. The method proposed in this work could be employed in quality control of ezetimibe bulk drug.