AbstractVisual perception remains stable across saccadic eye movements, despite the concurrent strongly disruptive visual flow. This stability is partially associated with a reduction in visual sensitivity, known as saccadic suppression, which already starts in the retina with reduced ganglion cell sensitivity. However, the retinal circuit mechanisms giving rise to such suppression remain unknown. Here, we describe these mechanisms using electrophysiology in mouse, pig, and macaque retina, 2-photon calcium imaging, computational modeling, and human psychophysics. We find a novel retinal processing motif underlying retinal saccadic suppression, “dynamic reversal suppression”, which is triggered by sequential stimuli containing contrast reversals. This motif does not involve inhibition but relies on nonlinear transformation of the inherently slow responses of cone photoreceptors by downstream retinal pathways. Two further components of suppression are present in ON ganglion cells and originate in the cells’ receptive field surround, highlighting a novel disparity between ON and OFF ganglion cells. Our results are relevant for any sequential stimulation encountered frequently in naturalistic scenarios.