diff --git a/homeassistant/components/todo/__init__.py b/homeassistant/components/todo/__init__.py
index 86004f931ccc..c7fd6236abc7 100644
--- a/homeassistant/components/todo/__init__.py
+++ b/homeassistant/components/todo/__init__.py
@@ -3,6 +3,7 @@
 from __future__ import annotations
 
 from collections.abc import Callable, Iterable
+import copy
 import dataclasses
 import datetime
 import logging
@@ -28,7 +29,6 @@ from homeassistant.helpers.entity import Entity
 from homeassistant.helpers.entity_component import EntityComponent
 from homeassistant.helpers.typing import ConfigType
 from homeassistant.util import dt as dt_util
-from homeassistant.util.json import JsonValueType
 
 from .const import (
     ATTR_DESCRIPTION,
@@ -240,7 +240,7 @@ class TodoListEntity(Entity, cached_properties=CACHED_PROPERTIES_WITH_ATTR_):
     """An entity that represents a To-do list."""
 
     _attr_todo_items: list[TodoItem] | None = None
-    _update_listeners: list[Callable[[list[JsonValueType] | None], None]] | None = None
+    _update_listeners: list[Callable[[list[TodoItem]], None]] | None = None
 
     @property
     def state(self) -> int | None:
@@ -281,13 +281,9 @@ class TodoListEntity(Entity, cached_properties=CACHED_PROPERTIES_WITH_ATTR_):
     @final
     @callback
     def async_subscribe_updates(
-        self,
-        listener: Callable[[list[JsonValueType] | None], None],
+        self, listener: Callable[[list[TodoItem]], None]
     ) -> CALLBACK_TYPE:
-        """Subscribe to To-do list item updates.
-
-        Called by websocket API.
-        """
+        """Subscribe to To-do list item updates."""
         if self._update_listeners is None:
             self._update_listeners = []
         self._update_listeners.append(listener)
@@ -306,9 +302,7 @@ class TodoListEntity(Entity, cached_properties=CACHED_PROPERTIES_WITH_ATTR_):
         if not self._update_listeners:
             return
 
-        todo_items: list[JsonValueType] = [
-            dataclasses.asdict(item) for item in self.todo_items or ()
-        ]
+        todo_items = [copy.copy(item) for item in self.todo_items or []]
         for listener in self._update_listeners:
             listener(todo_items)
 
@@ -341,13 +335,13 @@ async def websocket_handle_subscribe_todo_items(
         return
 
     @callback
-    def todo_item_listener(todo_items: list[JsonValueType] | None) -> None:
+    def todo_item_listener(todo_items: list[TodoItem]) -> None:
         """Push updated To-do list items to websocket."""
         connection.send_message(
             websocket_api.event_message(
                 msg["id"],
                 {
-                    "items": todo_items,
+                    "items": [dataclasses.asdict(item) for item in todo_items],
                 },
             )
         )
@@ -357,7 +351,7 @@ async def websocket_handle_subscribe_todo_items(
     )
     connection.send_result(msg["id"])
 
-    # Push an initial forecast update
+    # Push an initial list update
     entity.async_update_listeners()
 
 
diff --git a/tests/components/todo/test_init.py b/tests/components/todo/test_init.py
index 4b1fdcf1d926..b67fca49c4c8 100644
--- a/tests/components/todo/test_init.py
+++ b/tests/components/todo/test_init.py
@@ -1231,3 +1231,53 @@ async def test_list_todo_items_extended_fields(
             ]
         }
     }
+
+
+async def test_async_subscribe_updates(
+    hass: HomeAssistant, test_entity: TodoListEntity
+) -> None:
+    """Test async_subscribe_updates delivers list updates to listeners."""
+    await create_mock_platform(hass, [test_entity])
+
+    received_updates: list[list[TodoItem]] = []
+
+    def listener(items: list[TodoItem]) -> None:
+        received_updates.append(items)
+
+    unsub = test_entity.async_subscribe_updates(listener)
+
+    # Trigger an update
+    test_entity.async_write_ha_state()
+
+    assert len(received_updates) == 1
+    items = received_updates[0]
+    assert len(items) == 2
+    assert isinstance(items[0], TodoItem)
+    assert items[0].summary == "Item #1"
+    assert items[0].uid == "1"
+    assert items[0].status == TodoItemStatus.NEEDS_ACTION
+    assert isinstance(items[1], TodoItem)
+    assert items[1].summary == "Item #2"
+    assert items[1].uid == "2"
+    assert items[1].status == TodoItemStatus.COMPLETED
+
+    # Verify items are copies (not the same objects)
+    assert items[0] is not test_entity.todo_items[0]
+    assert items[1] is not test_entity.todo_items[1]
+
+    # Add a new item and trigger update
+    test_entity._attr_todo_items = [
+        *test_entity._attr_todo_items,
+        TodoItem(summary="Item #3", uid="3", status=TodoItemStatus.NEEDS_ACTION),
+    ]
+    test_entity.async_write_ha_state()
+
+    assert len(received_updates) == 2
+    items = received_updates[1]
+    assert len(items) == 3
+    assert items[2].summary == "Item #3"
+
+    # Unsubscribe and verify no more updates
+    unsub()
+    test_entity.async_write_ha_state()
+    assert len(received_updates) == 2