diff --git a/packages/query-core/src/__tests__/query.test.tsx b/packages/query-core/src/__tests__/query.test.tsx
index febe71cf4c..3344e91bc9 100644
--- a/packages/query-core/src/__tests__/query.test.tsx
+++ b/packages/query-core/src/__tests__/query.test.tsx
@@ -1192,4 +1192,91 @@ describe('query', () => {
     expect(initialDataFn).toHaveBeenCalledTimes(1)
     expect(query.state.data).toBe('initial data')
   })
+
+  test('should not override fetching state when revert happens after new observer subscribes', async () => {
+    const key = queryKey()
+
+    const queryFn = vi.fn(async ({ signal: _signal }) => {
+      // Destructure `signal` to intentionally consume it so observer-removal uses revert-cancel path
+      await sleep(50)
+      return 'data'
+    })
+
+    const query = new Query({
+      client: queryClient,
+      queryKey: key,
+      queryHash: hashQueryKeyByOptions(key),
+      options: { queryFn },
+    })
+
+    const observer1 = new QueryObserver(queryClient, {
+      queryKey: key,
+      queryFn,
+    })
+
+    query.addObserver(observer1)
+    const promise1 = query.fetch()
+
+    await vi.advanceTimersByTimeAsync(10)
+
+    query.removeObserver(observer1)
+
+    const observer2 = new QueryObserver(queryClient, {
+      queryKey: key,
+      queryFn,
+    })
+
+    query.addObserver(observer2)
+
+    query.fetch()
+
+    await expect(promise1).rejects.toBeInstanceOf(CancelledError)
+    await vi.waitFor(() => expect(query.state.fetchStatus).toBe('fetching'))
+
+    expect(query.state.fetchStatus).toBe('fetching')
+  })
+
+  test('should throw CancelledError when revert happens with no data after observer removal', async () => {
+    const key = queryKey()
+
+    const queryFn = vi.fn(async ({ signal: _signal }) => {
+      // Destructure `signal` to intentionally consume it so observer-removal uses revert-cancel path
+      await sleep(50)
+      return 'data'
+    })
+
+    const query = new Query({
+      client: queryClient,
+      queryKey: key,
+      queryHash: hashQueryKeyByOptions(key),
+      options: { queryFn },
+    })
+
+    const observer1 = new QueryObserver(queryClient, {
+      queryKey: key,
+      queryFn,
+    })
+
+    query.addObserver(observer1)
+    const promise1 = query.fetch()
+
+    await vi.advanceTimersByTimeAsync(5)
+
+    query.removeObserver(observer1)
+
+    const observer2 = new QueryObserver(queryClient, {
+      queryKey: key,
+      queryFn,
+    })
+
+    query.addObserver(observer2)
+    query.fetch()
+
+    await expect(promise1).rejects.toThrow(CancelledError)
+
+    expect(query.state.fetchStatus).toBe('fetching')
+
+    await vi.advanceTimersByTimeAsync(50)
+    expect(query.state.data).toBe('data')
+  })
 })
diff --git a/packages/query-core/src/query.ts b/packages/query-core/src/query.ts
index df5b7c030e..57745542ef 100644
--- a/packages/query-core/src/query.ts
+++ b/packages/query-core/src/query.ts
@@ -349,7 +349,7 @@ export class Query<
         // we'll let the query continue so the result can be cached
         if (this.#retryer) {
           if (this.#abortSignalConsumed) {
-            this.#retryer.cancel({ revert: true })
+            this.#retryer.cancel({ revert: true, isObserverRemoval: true })
           } else {
             this.#retryer.cancelRetry()
           }
@@ -553,16 +553,25 @@ export class Query<
           // so we hatch onto that promise
           return this.#retryer.promise
         } else if (error.revert) {
+          // If cancellation was caused by observer removal and there are active observers again,
+          // do not revert to idle: a new fetch may already be in flight, and reverting would
+          // incorrectly flip isLoading/isFetching to false under StrictMode remounts.
+          if (error.isObserverRemoval && this.isActive()) {
+            if (this.state.data === undefined) {
+              throw error
+            }
+            return this.state.data
+          }
+
           this.setState({
             ...this.#revertState,
             fetchStatus: 'idle' as const,
           })
-          // transform error into reverted state data
-          // if the initial fetch was cancelled, we have no data, so we have
-          // to get reject with a CancelledError
+
           if (this.state.data === undefined) {
             throw error
           }
+
           return this.state.data
         }
       }
diff --git a/packages/query-core/src/retryer.ts b/packages/query-core/src/retryer.ts
index add23dcd05..cc03e09e3c 100644
--- a/packages/query-core/src/retryer.ts
+++ b/packages/query-core/src/retryer.ts
@@ -58,10 +58,12 @@ export function canFetch(networkMode: NetworkMode | undefined): boolean {
 export class CancelledError extends Error {
   revert?: boolean
   silent?: boolean
+  isObserverRemoval?: boolean
   constructor(options?: CancelOptions) {
     super('CancelledError')
     this.revert = options?.revert
     this.silent = options?.silent
+    this.isObserverRemoval = options?.isObserverRemoval
   }
 }
 
diff --git a/packages/query-core/src/types.ts b/packages/query-core/src/types.ts
index df6ea8c173..0e5c654a74 100644
--- a/packages/query-core/src/types.ts
+++ b/packages/query-core/src/types.ts
@@ -1329,6 +1329,7 @@ export interface DefaultOptions<TError = DefaultError> {
 export interface CancelOptions {
   revert?: boolean
   silent?: boolean
+  isObserverRemoval?: boolean
 }
 
 export interface SetDataOptions {