A network device may include a controller and a hardware forwarding component. The hardware forwarding component may receive a network packets and assign the network packets to multiple network queues. The network device may also obtain, using a microcode engine of the hardware forwarding component, and for each of the network queues, a measurement of queue depth, each measurement of queue depth being obtained from memory of the hardware forwarding component. Based on the measurements of queue depth, the network device may generate and transmit a telemetry packet.