diff --git a/lib/AsyncGenerator.php b/lib/AsyncGenerator.php
index b6aeb58..1086373 100644
--- a/lib/AsyncGenerator.php
+++ b/lib/AsyncGenerator.php
@@ -55,14 +55,6 @@ final class AsyncGenerator implements Stream
         $this->generator = $source->createGenerator();
     }
 
-    /**
-     * @inheritDoc
-     */
-    public function transform(callable $operator = null): TransformationStream
-    {
-        return $this->generator->transform($operator);
-    }
-
     /**
      * @inheritDoc
      */
@@ -114,5 +106,4 @@ final class AsyncGenerator implements Stream
     {
         return $this->coroutine;
     }
-
 }
diff --git a/lib/Internal/AutoDisposingStream.php b/lib/Internal/AutoDisposingStream.php
index eba5c52..79252af 100644
--- a/lib/Internal/AutoDisposingStream.php
+++ b/lib/Internal/AutoDisposingStream.php
@@ -2,7 +2,6 @@
 
 namespace Amp\Internal;
 
-use Amp\TransformationStream;
 use Amp\Promise;
 use Amp\Stream;
 
@@ -45,12 +44,4 @@ class AutoDisposingStream implements Stream
     {
         $this->stream->dispose();
     }
-
-    /**
-     * @inheritDoc
-     */
-    public function transform(callable $operator = null): TransformationStream
-    {
-        return $this->stream->transform($operator);
-    }
 }
diff --git a/lib/Internal/Yielder.php b/lib/Internal/Yielder.php
index 65e3b89..ab0ffa0 100644
--- a/lib/Internal/Yielder.php
+++ b/lib/Internal/Yielder.php
@@ -5,7 +5,6 @@ namespace Amp\Internal;
 use Amp\Deferred;
 use Amp\DisposedException;
 use Amp\Failure;
-use Amp\TransformationStream;
 use Amp\Promise;
 use Amp\Stream;
 use Amp\Success;
@@ -19,7 +18,6 @@ use React\Promise\PromiseInterface as ReactPromise;
  *
  * @template TValue
  * @template TSend
- * @template TReturn
  */
 trait Yielder
 {
@@ -60,7 +58,9 @@ trait Yielder
     private $used = false;
 
     /**
-     * @return Promise<array>
+     * @return Promise<array|null>
+     *
+     * @psalm-return Promise<list<TValue>|null>
      */
     public function continue(): Promise
     {
@@ -72,7 +72,9 @@ trait Yielder
      *
      * @psalm-param TSend $value
      *
-     * @return Promise<array>
+     * @return Promise<array|null>
+     *
+     * @psalm-return Promise<list<TValue>|null>
      */
     public function send($value): Promise
     {
@@ -86,7 +88,9 @@ trait Yielder
     /**
      * @param \Throwable $exception
      *
-     * @return Promise<array>
+     * @return Promise<array|null>
+     *
+     * @psalm-return Promise<list<TValue>|null>
      */
     public function throw(\Throwable $exception): Promise
     {
@@ -98,9 +102,13 @@ trait Yielder
     }
 
     /**
-     * @param Promise<TSend|null> $promise
+     * @param Promise<mixed> $promise
      *
-     * @return Promise<array>
+     * @psalm-param Promise<TSend|null>
+     *
+     * @return Promise<array|null>
+     *
+     * @psalm-return Promise<list<TValue>|null>
      */
     private function next(Promise $promise): Promise
     {
@@ -131,11 +139,6 @@ trait Yielder
         return $deferred->promise();
     }
 
-    public function transform(callable $operator = null): TransformationStream
-    {
-        return new TransformationStream($this, $operator);
-    }
-
     private function createStream(): Stream
     {
         \assert($this instanceof Stream, \sprintf("Users of this trait must implement %s to call %s", Stream::class, __METHOD__));
diff --git a/lib/Stream.php b/lib/Stream.php
index 9f75516..f36f807 100644
--- a/lib/Stream.php
+++ b/lib/Stream.php
@@ -13,7 +13,9 @@ interface Stream
      * Succeeds with a tuple of the yielded value and key or null if the stream has completed. If the stream fails,
      * the returned promise will fail with the same exception.
      *
-     * @return Promise<array>
+     * @return Promise<array|null>
+     *
+     * @psalm-return Promise<list<TValue>|null>
      *
      * @throws \Throwable The exception used to fail the stream.
      */
@@ -25,13 +27,4 @@ interface Stream
      * @return void
      */
     public function dispose();
-
-    /**
-     * Returns a stream object with fluent transformation methods.
-     *
-     * @param callable(TransformationStream):Stream $operator
-     *
-     * @return TransformationStream
-     */
-    public function transform(callable $operator = null): TransformationStream;
 }
diff --git a/lib/Stream/ApplyStream.php b/lib/Stream/ApplyStream.php
new file mode 100644
index 0000000..acae754
--- /dev/null
+++ b/lib/Stream/ApplyStream.php
@@ -0,0 +1,44 @@
+<?php
+
+namespace Amp\Stream;
+
+use Amp\Promise;
+use Amp\Stream;
+
+/**
+ * @template TValue
+ * @template TApplied
+ */
+final class ApplyStream implements Stream
+{
+    /** @var Stream<TApplied> */
+    private $stream;
+
+    /**
+     * @param Stream   $stream
+     * @param callable(Stream<TValue>):Stream<TApplied> $operator
+     */
+    public function __construct(Stream $stream, callable $operator)
+    {
+        $stream = $operator($stream);
+
+        if (!$stream instanceof Stream) {
+            throw new \TypeError('$operator callback must return an instance of ' . Stream::class);
+        }
+
+        $this->stream = $stream;
+    }
+
+    /**
+     * @psalm-return Promise<list<TApplied>|null>
+     */
+    public function continue(): Promise
+    {
+        return $this->stream->continue();
+    }
+
+    public function dispose()
+    {
+        $this->stream->dispose();
+    }
+}
diff --git a/lib/Stream/DropStream.php b/lib/Stream/DropStream.php
new file mode 100644
index 0000000..cea00c1
--- /dev/null
+++ b/lib/Stream/DropStream.php
@@ -0,0 +1,46 @@
+<?php
+
+namespace Amp\Stream;
+
+use Amp\Promise;
+use Amp\Stream;
+use function Amp\call;
+
+/**
+ * @template TValue
+ */
+final class DropStream implements Stream
+{
+    /** @var Stream<TValue> */
+    private $stream;
+
+    /** @var int */
+    private $count;
+
+    /** @var int */
+    private $dropped = 0;
+
+    public function __construct(Stream $stream, int $count)
+    {
+        $this->stream = $stream;
+        $this->count = $count;
+    }
+
+    public function continue(): Promise
+    {
+        return call(function () {
+            while (++$this->dropped <= $this->count) {
+                if (yield $this->stream->continue() === null) {
+                    return null;
+                }
+            }
+
+            return yield $this->stream->continue();
+        });
+    }
+
+    public function dispose()
+    {
+        $this->stream->dispose();
+    }
+}
diff --git a/lib/Stream/EachOperator.php b/lib/Stream/EachOperator.php
new file mode 100644
index 0000000..98e519b
--- /dev/null
+++ b/lib/Stream/EachOperator.php
@@ -0,0 +1,37 @@
+<?php
+
+namespace Amp\Stream;
+
+use Amp\Promise;
+use Amp\Stream;
+use function Amp\call;
+
+/**
+ * @template TValue
+ */
+final class EachOperator
+{
+    /** @var Promise<list<TValue>> */
+    private $promise;
+
+    /**
+     * @param Stream<TValue> $stream
+     * @param callable(TValue):void $each
+     */
+    public function __construct(Stream $stream, callable $each)
+    {
+        $this->promise = call(function () use ($stream, $each) {
+            while (list($value, $key) = yield $stream->continue()) {
+                yield call($each, $value, $key);
+            }
+        });
+    }
+
+    /**
+     * @return Promise<list<TValue>>
+     */
+    public function promise(): Promise
+    {
+        return $this->promise;
+    }
+}
diff --git a/lib/Stream/FilterStream.php b/lib/Stream/FilterStream.php
new file mode 100644
index 0000000..26326b0
--- /dev/null
+++ b/lib/Stream/FilterStream.php
@@ -0,0 +1,43 @@
+<?php
+
+namespace Amp\Stream;
+
+use Amp\Promise;
+use Amp\Stream;
+use function Amp\call;
+
+/**
+ * @template TValue
+ */
+final class FilterStream implements Stream
+{
+    /** @var Stream<TValue> */
+    private $stream;
+
+    /** @var callable(TValue):Promise<bool> */
+    private $filter;
+
+    public function __construct(Stream $stream, callable $filter)
+    {
+        $this->stream = $stream;
+        $this->filter = $filter;
+    }
+
+    public function continue(): Promise
+    {
+        return call(function () {
+            while (list($value) = yield $this->stream->continue()) {
+                if (!yield call($this->filter, $value)) {
+                    return $value;
+                }
+            }
+
+            return null;
+        });
+    }
+
+    public function dispose()
+    {
+        $this->stream->dispose();
+    }
+}
diff --git a/lib/Stream/LimitStream.php b/lib/Stream/LimitStream.php
new file mode 100644
index 0000000..665fbf5
--- /dev/null
+++ b/lib/Stream/LimitStream.php
@@ -0,0 +1,46 @@
+<?php
+
+namespace Amp\Stream;
+
+use Amp\Promise;
+use Amp\Stream;
+use function Amp\call;
+
+/**
+ * @template TValue
+ */
+final class LimitStream implements Stream
+{
+    /** @var Stream<TValue> */
+    private $stream;
+
+    /** @var int */
+    private $limit;
+
+    /** @var int */
+    private $yielded = 0;
+
+    public function __construct(Stream $stream, int $limit)
+    {
+        $this->stream = $stream;
+        $this->limit = $limit;
+    }
+
+    public function continue(): Promise
+    {
+        return call(function () {
+            $value = yield $this->stream->continue();
+
+            if (++$this->yielded > $this->limit) {
+                $this->stream->dispose();
+            }
+
+            return $value;
+        });
+    }
+
+    public function dispose()
+    {
+        $this->stream->dispose();
+    }
+}
diff --git a/lib/Stream/MapStream.php b/lib/Stream/MapStream.php
new file mode 100644
index 0000000..255d1e7
--- /dev/null
+++ b/lib/Stream/MapStream.php
@@ -0,0 +1,42 @@
+<?php
+
+namespace Amp\Stream;
+
+use Amp\Promise;
+use Amp\Stream;
+use function Amp\call;
+
+/**
+ * @template TValue
+ * @template TMap
+ */
+final class MapStream implements Stream
+{
+    /** @var Stream<TValue> */
+    private $stream;
+
+    /** @var callable(TValue):Promise<TMap> */
+    private $mapper;
+
+    public function __construct(Stream $stream, callable $mapper)
+    {
+        $this->stream = $stream;
+        $this->mapper = $mapper;
+    }
+
+    public function continue(): Promise
+    {
+        return call(function () {
+            if (list($value) = yield $this->stream->continue()) {
+                return yield call($this->mapper, $value);
+            }
+
+            return null;
+        });
+    }
+
+    public function dispose()
+    {
+        $this->stream->dispose();
+    }
+}
diff --git a/lib/Stream/ToArrayOperator.php b/lib/Stream/ToArrayOperator.php
new file mode 100644
index 0000000..b6fdb98
--- /dev/null
+++ b/lib/Stream/ToArrayOperator.php
@@ -0,0 +1,41 @@
+<?php
+
+namespace Amp\Stream;
+
+use Amp\Promise;
+use Amp\Stream;
+use function Amp\call;
+
+/**
+ * @template TValue
+ */
+final class ToArrayOperator
+{
+    /** @var Promise<list<TValue>> */
+    private $promise;
+
+    /**
+     * @param Stream<TValue> $stream
+     */
+    public function __construct(Stream $stream)
+    {
+        $this->promise = call(function () use ($stream) {
+            /** @psalm-var list $array */
+            $array = [];
+
+            while (list($value) = yield $stream->continue()) {
+                $array[] = $value;
+            }
+
+            return $array;
+        });
+    }
+
+    /**
+     * @return Promise<list<TValue>>
+     */
+    public function promise(): Promise
+    {
+        return $this->promise;
+    }
+}
diff --git a/lib/StreamModifier.php b/lib/StreamModifier.php
new file mode 100644
index 0000000..b3288af
--- /dev/null
+++ b/lib/StreamModifier.php
@@ -0,0 +1,105 @@
+<?php
+
+namespace Amp;
+
+use Amp\Stream\EachOperator;
+
+/**
+ * @template TValue
+ */
+final class StreamModifier
+{
+    /** @var Stream<TValue> */
+    private $stream;
+
+    /**
+     * @param Stream<TValue> $stream
+     */
+    public function __construct(Stream $stream)
+    {
+        $this->stream = $stream;
+    }
+
+    /**
+     * @return Stream<TValue>
+     */
+    public function stream(): Stream
+    {
+        return $this->stream;
+    }
+
+    public function apply(callable $operator): self
+    {
+        $clone = clone $this;
+        $clone->stream = new Stream\ApplyStream($clone->stream, $operator);
+        return $clone;
+    }
+
+    /**
+     * @template TMap
+     *
+     * @param callable(TValue, int):TMap $onYield
+     *
+     * @return self<TMap>
+     */
+    public function map(callable $onYield): self
+    {
+        $clone = clone $this;
+        $clone->stream = new Stream\MapStream($clone->stream, $onYield);
+        return $clone;
+    }
+
+    /**
+     * @param callable(TValue, int):bool $filter
+     *
+     * @return self<TValue>
+     */
+    public function filter(callable $filter): self
+    {
+        $clone = clone $this;
+        $clone->stream = new Stream\FilterStream($clone->stream, $filter);
+        return $clone;
+    }
+
+    /**
+     * @param callable(TValue, int):void $onYield
+     *
+     * @return Promise<void>
+     */
+    public function each(callable $onYield): Promise
+    {
+        return (new EachOperator($this->stream, $onYield))->promise();
+    }
+
+    /**
+     * @param int $count
+     *
+     * @return self<TValue>
+     */
+    public function drop(int $count): self
+    {
+        $clone = clone $this;
+        $clone->stream = new Stream\DropStream($clone->stream, $count);
+        return $clone;
+    }
+
+    /**
+     * @param int $limit
+     *
+     * @return self<TValue>
+     */
+    public function limit(int $limit): self
+    {
+        $clone = clone $this;
+        $clone->stream = new Stream\LimitStream($clone->stream, $limit);
+        return $clone;
+    }
+
+    /**
+     * @return Promise<list<TValue>>
+     */
+    public function toArray(): Promise
+    {
+        return (new Stream\ToArrayOperator($this->stream))->promise();
+    }
+}
diff --git a/lib/TransformationStream.php b/lib/TransformationStream.php
deleted file mode 100644
index cca27c7..0000000
--- a/lib/TransformationStream.php
+++ /dev/null
@@ -1,154 +0,0 @@
-<?php
-
-namespace Amp;
-
-/**
- * @template TValue
- * @template-implements Stream<TValue>
- */
-final class TransformationStream implements Stream
-{
-    /** @var Stream<TValue> */
-    private $stream;
-
-    public function __construct(Stream $stream, callable $operator = null)
-    {
-        $this->stream = $stream instanceof self ? $stream->stream : $stream;
-
-        if ($operator !== null) {
-            $this->stream = $this->apply($operator);
-        }
-    }
-
-    public function continue(): Promise
-    {
-        return $this->stream->continue();
-    }
-
-    public function dispose()
-    {
-        $this->stream->dispose();
-    }
-
-    public function transform(callable $operator = null): self
-    {
-        if ($operator === null) {
-            return $this;
-        }
-
-        return new self($this->apply($operator));
-    }
-
-    private function apply(callable $operator): Stream
-    {
-        $stream = $operator($this);
-
-        if (!$stream instanceof Stream) {
-            throw new \TypeError('$operator callback must return an instance of ' . Stream::class);
-        }
-
-        return $stream;
-    }
-
-    /**
-     * @template TMap
-     *
-     * @param callable(TValue, int):TMap $onYield
-     *
-     * @return self<TMap>
-     */
-    public function map(callable $onYield): self
-    {
-        return new self(new AsyncGenerator(function (callable $yield) use ($onYield): \Generator {
-            while (list($value, $key) = yield $this->stream->continue()) {
-                yield $yield(yield call($onYield, $value, $key));
-            }
-        }));
-    }
-
-    /**
-     * @param callable(TValue, int):bool $filter
-     *
-     * @return self<TValue>
-     */
-    public function filter(callable $filter): self
-    {
-        return new self(new AsyncGenerator(function (callable $yield) use ($filter) {
-            while (list($value, $key) = yield $this->stream->continue()) {
-                if (yield call($filter, $value, $key)) {
-                    yield $yield($value, $key);
-                }
-            }
-        }));
-    }
-
-    /**
-     * @param callable(TValue, int):void $onYield
-     *
-     * @return Promise<void>
-     */
-    public function each(callable $onYield): Promise
-    {
-        return call(function () use ($onYield) {
-            while (list($value, $key) = yield $this->stream->continue()) {
-                yield call($onYield, $value, $key);
-            }
-        });
-    }
-
-    /**
-     * @param int $count
-     *
-     * @return self<TValue>
-     */
-    public function drop(int $count): self
-    {
-        return new self(new AsyncGenerator(function (callable $yield) use ($count) {
-            $skipped = 0;
-            while (list($value) = yield $this->stream->continue()) {
-                if (++$skipped <= $count) {
-                    continue;
-                }
-
-                yield $yield($value);
-            }
-        }));
-    }
-
-    /**
-     * @param int $limit
-     *
-     * @return self<TValue>
-     */
-    public function limit(int $limit): Stream
-    {
-        return new self(new AsyncGenerator(function (callable $yield) use ($limit) {
-            $yielded = 0;
-            while (list($value) = yield $this->stream->continue()) {
-                if (++$yielded > $limit) {
-                    $this->stream->dispose();
-                    return;
-                }
-
-                yield $yield($value);
-            }
-        }));
-    }
-
-    /**
-     * @return Promise<list<TValue>>
-     */
-    public function toArray(): Promise
-    {
-        return call(static function (): \Generator {
-            /** @psalm-var list $array */
-            $array = [];
-
-            while (list($value) = yield $this->stream->continue()) {
-                $array[] = $value;
-            }
-
-            return $array;
-        });
-    }
-}