diff --git a/packages/playwright-core/src/server/frames.ts b/packages/playwright-core/src/server/frames.ts
index 22f424d7f2..cdcb44007f 100644
--- a/packages/playwright-core/src/server/frames.ts
+++ b/packages/playwright-core/src/server/frames.ts
@@ -1402,7 +1402,7 @@ export class Frame extends SdkObject {
       timeout -= elapsed;
     }
     if (timeout < 0)
-      return { matches: options.isNot, log: metadata.log, timedOut: true };
+      return { matches: options.isNot, log: metadata.log, timedOut: true, received: lastIntermediateResult.received };
     return await this._expectInternal(metadata, selector, options, false, timeout, lastIntermediateResult);
   }
 
@@ -1422,7 +1422,7 @@ export class Frame extends SdkObject {
         const injected = await context.injectedScript();
         progress.throwIfAborted();
 
-        const { log, matches, received } = await injected.evaluate(async (injected, { info, options, snapshotName }) => {
+        const { log, matches, received, missingRecevied } = await injected.evaluate(async (injected, { info, options, snapshotName }) => {
           const elements = info ? injected.querySelectorAll(info.parsed, document) : [];
           const isArray = options.expression === 'to.have.count' || options.expression.endsWith('.array');
           let log = '';
@@ -1439,7 +1439,8 @@ export class Frame extends SdkObject {
 
         if (log)
           progress.log(log);
-        if (matches === options.isNot) {
+        // Note: missingReceived avoids `unexpected value "undefined"` when element was not found.
+        if (matches === options.isNot && !missingRecevied) {
           lastIntermediateResult.received = received;
           lastIntermediateResult.isSet = true;
           if (!Array.isArray(received))
diff --git a/packages/playwright-core/src/server/injected/injectedScript.ts b/packages/playwright-core/src/server/injected/injectedScript.ts
index 2ce835e5d1..fb16c64ea3 100644
--- a/packages/playwright-core/src/server/injected/injectedScript.ts
+++ b/packages/playwright-core/src/server/injected/injectedScript.ts
@@ -1119,7 +1119,7 @@ export class InjectedScript {
     this.onGlobalListenersRemoved.add(addHitTargetInterceptorListeners);
   }
 
-  async expect(element: Element | undefined, options: FrameExpectParams, elements: Element[]) {
+  async expect(element: Element | undefined, options: FrameExpectParams, elements: Element[]): Promise<{ matches: boolean, received?: any, missingRecevied?: boolean }> {
     const isArray = options.expression === 'to.have.count' || options.expression.endsWith('.array');
     if (isArray)
       return this.expectArray(elements, options);
@@ -1134,7 +1134,7 @@ export class InjectedScript {
       if (options.isNot && options.expression === 'to.be.in.viewport')
         return { matches: false };
       // When none of the above applies, expect does not match.
-      return { matches: options.isNot };
+      return { matches: options.isNot, missingRecevied: true };
     }
     return await this.expectSingleElement(element, options);
   }
diff --git a/tests/page/expect-to-have-text.spec.ts b/tests/page/expect-to-have-text.spec.ts
index 9b83b65235..d76051feb4 100644
--- a/tests/page/expect-to-have-text.spec.ts
+++ b/tests/page/expect-to-have-text.spec.ts
@@ -128,6 +128,13 @@ test.describe('toHaveText with text', () => {
     await expect(page.locator('div')).not.toHaveText('some text', { useInnerText: true });
     await expect(page.locator('div')).not.toContainText('text', { useInnerText: true });
   });
+
+  test('fail with impossible timeout', async ({ page }) => {
+    await page.setContent('<div id=node>Text content</div>');
+    const error = await expect(page.locator('#node')).toHaveText('Text', { timeout: 1 }).catch(e => e);
+    expect(stripAnsi(error.message)).toContain('Expected string: "Text"');
+    expect(stripAnsi(error.message)).toContain('Received string: "Text content"');
+  });
 });
 
 test.describe('not.toHaveText', () => {
diff --git a/tests/playwright-test/expect.spec.ts b/tests/playwright-test/expect.spec.ts
index 43cb0522fe..00ac3b594e 100644
--- a/tests/playwright-test/expect.spec.ts
+++ b/tests/playwright-test/expect.spec.ts
@@ -640,14 +640,14 @@ test('should print timed out error message', async ({ runInlineTest }) => {
 
       test('fail', async ({ page }) => {
         await page.setContent('<div id=node>Text content</div>');
-        await expect(page.locator('no-such-thing')).toBeChecked({ timeout: 1 });
+        await expect(page.locator('no-such-thing')).toHaveText('hey', { timeout: 1000 });
       });
       `,
   }, { workers: 1 });
   expect(result.failed).toBe(1);
   expect(result.exitCode).toBe(1);
   const output = result.output;
-  expect(output).toContain('Timed out 1ms waiting for expect(received).toBeChecked()');
+  expect(output).toContain('Timed out 1000ms waiting for expect(received).toHaveText(expected)');
 });
 
 test('should not leak long expect message strings', async ({ runInlineTest }) => {