Out of the box, Active Storage supports a number of transformations, through the image_processing gem. This gem provides a common interface to both MiniMagick (the old standard) and ruby-vips (the new default).
I recently needed the ability to lighten images uploaded via Active Storage (for use as watermarks), but there isn’t a built-in method to do this through the transformations interface. However, I discovered that you can register your own custom ImageProcessing methods like this. (Thanks to this blog post for the approach.)
ImageProcessing
class Document < ApplicationRecord has_one_attached :watermark end
A simple model with an attached watermark.