diff --git a/homeassistant/helpers/entity.py b/homeassistant/helpers/entity.py
index f33f26679a4d..673862c85814 100644
--- a/homeassistant/helpers/entity.py
+++ b/homeassistant/helpers/entity.py
@@ -1466,7 +1466,7 @@ class Entity(
         except BaseException as ex:
             self.__remove_future.set_exception(ex)
             raise
-        finally:
+        else:
             self.__remove_future.set_result(None)
 
     @final
diff --git a/tests/helpers/test_entity.py b/tests/helpers/test_entity.py
index a0f1d020942c..193e6ace90e4 100644
--- a/tests/helpers/test_entity.py
+++ b/tests/helpers/test_entity.py
@@ -614,6 +614,25 @@ async def test_async_remove_runs_callbacks(hass: HomeAssistant) -> None:
     assert ent._platform_state == entity.EntityPlatformState.REMOVED
 
 
+async def test_async_remove_reports_the_original_error(hass: HomeAssistant) -> None:
+    """Test a failing removal surfaces its own exception."""
+
+    class MockEntityFailingRemoval(entity.Entity):
+        """Entity that cannot be removed cleanly."""
+
+        async def async_will_remove_from_hass(self) -> None:
+            """Fail while being removed."""
+            raise ValueError("Boom")
+
+    platform = MockEntityPlatform(hass, domain="test")
+    ent = MockEntityFailingRemoval()
+    ent.entity_id = "test.test"
+    await platform.async_add_entities([ent])
+
+    with pytest.raises(ValueError, match="Boom"):
+        await ent.async_remove()
+
+
 async def test_async_remove_ignores_in_flight_polling(hass: HomeAssistant) -> None:
     """Test in flight polling is ignored after removing."""
     result = []