diff --git a/packages/react-native/ReactCommon/react/renderer/components/text/BaseTextShadowNode.cpp b/packages/react-native/ReactCommon/react/renderer/components/text/BaseTextShadowNode.cpp
index 2ff46e65dc87..77ede813aedd 100644
--- a/packages/react-native/ReactCommon/react/renderer/components/text/BaseTextShadowNode.cpp
+++ b/packages/react-native/ReactCommon/react/renderer/components/text/BaseTextShadowNode.cpp
@@ -29,24 +29,33 @@ void BaseTextShadowNode::buildAttributedString(
     const ShadowNode& parentNode,
     AttributedString& outAttributedString,
     Attachments& outAttachments) {
+  bool lastFragmentWasRawText = false;
   for (const auto& childNode : parentNode.getChildren()) {
     // RawShadowNode
     auto rawTextShadowNode =
         dynamic_cast<const RawTextShadowNode*>(childNode.get());
     if (rawTextShadowNode != nullptr) {
-      auto fragment = AttributedString::Fragment{};
-      fragment.string = rawTextShadowNode->getConcreteProps().text;
-      fragment.textAttributes = baseTextAttributes;
+      const auto& rawText = rawTextShadowNode->getConcreteProps().text;
+      if (lastFragmentWasRawText) {
+        outAttributedString.getFragments().back().string += rawText;
+      } else {
+        auto fragment = AttributedString::Fragment{};
+        fragment.string = rawText;
+        fragment.textAttributes = baseTextAttributes;
 
-      // Storing a retaining pointer to `ParagraphShadowNode` inside
-      // `attributedString` causes a retain cycle (besides that fact that we
-      // don't need it at all). Storing a `ShadowView` instance instead of
-      // `ShadowNode` should properly fix this problem.
-      fragment.parentShadowView = shadowViewFromShadowNode(parentNode);
-      outAttributedString.appendFragment(fragment);
+        // Storing a retaining pointer to `ParagraphShadowNode` inside
+        // `attributedString` causes a retain cycle (besides that fact that we
+        // don't need it at all). Storing a `ShadowView` instance instead of
+        // `ShadowNode` should properly fix this problem.
+        fragment.parentShadowView = shadowViewFromShadowNode(parentNode);
+        outAttributedString.appendFragment(fragment);
+        lastFragmentWasRawText = true;
+      }
       continue;
     }
 
+    lastFragmentWasRawText = false;
+
     // TextShadowNode
     auto textShadowNode = dynamic_cast<const TextShadowNode*>(childNode.get());
     if (textShadowNode != nullptr) {
diff --git a/packages/react-native/ReactCommon/react/renderer/components/text/tests/BaseTextShadowNodeTest.cpp b/packages/react-native/ReactCommon/react/renderer/components/text/tests/BaseTextShadowNodeTest.cpp
new file mode 100644
index 000000000000..6a9e4858d1f4
--- /dev/null
+++ b/packages/react-native/ReactCommon/react/renderer/components/text/tests/BaseTextShadowNodeTest.cpp
@@ -0,0 +1,93 @@
+/*
+ * Copyright (c) Meta Platforms, Inc. and affiliates.
+ *
+ * This source code is licensed under the MIT license found in the
+ * LICENSE file in the root directory of this source tree.
+ */
+
+#include <react/renderer/core/PropsParserContext.h>
+#include <react/renderer/element/ComponentBuilder.h>
+
+#include <gtest/gtest.h>
+#include <react/renderer/element/Element.h>
+#include <react/renderer/element/testUtils.h>
+
+namespace facebook::react {
+
+namespace {
+
+Element<RawTextShadowNode> rawTextElement(const char* text) {
+  auto rawTextProps = std::make_shared<RawTextProps>();
+  rawTextProps->text = text;
+  return Element<RawTextShadowNode>().props(rawTextProps);
+}
+
+} // namespace
+
+TEST(BaseTextShadowNodeTest, fragmentsWithDifferentAttributes) {
+  ContextContainer contextContainer{};
+  PropsParserContext parserContext{-1, contextContainer};
+
+  auto builder = simpleComponentBuilder();
+  auto shadowNode = builder.build(Element<ParagraphShadowNode>().children({
+      Element<TextShadowNode>()
+          .props([]() {
+            auto props = std::make_shared<TextProps>();
+            props->textAttributes.fontSize = 12;
+            return props;
+          })
+          .children({
+              rawTextElement("First fragment. "),
+          }),
+      Element<TextShadowNode>()
+          .props([]() {
+            auto props = std::make_shared<TextProps>();
+            props->textAttributes.fontSize = 24;
+            return props;
+          })
+          .children({
+              rawTextElement("Second fragment"),
+          }),
+  }));
+
+  auto baseTextAttributes = TextAttributes::defaultTextAttributes();
+  AttributedString output;
+  BaseTextShadowNode::Attachments attachments;
+  BaseTextShadowNode::buildAttributedString(
+      baseTextAttributes, *shadowNode, output, attachments);
+
+  EXPECT_EQ(output.getString(), "First fragment. Second fragment");
+
+  const auto& fragments = output.getFragments();
+  EXPECT_EQ(fragments.size(), 2);
+  EXPECT_EQ(fragments[0].textAttributes.fontSize, 12);
+  EXPECT_EQ(
+      fragments[0].parentShadowView.tag,
+      shadowNode->getChildren()[0]->getTag());
+  EXPECT_EQ(fragments[1].textAttributes.fontSize, 24);
+  EXPECT_EQ(
+      fragments[1].parentShadowView.tag,
+      shadowNode->getChildren()[1]->getTag());
+}
+
+TEST(BaseTextShadowNodeTest, rawTextIsMerged) {
+  ContextContainer contextContainer{};
+  PropsParserContext parserContext{-1, contextContainer};
+
+  auto builder = simpleComponentBuilder();
+  auto shadowNode = builder.build(Element<TextShadowNode>().children({
+      rawTextElement("Hello "),
+      rawTextElement("World"),
+  }));
+
+  auto baseTextAttributes = TextAttributes::defaultTextAttributes();
+  AttributedString output;
+  BaseTextShadowNode::Attachments attachments;
+  BaseTextShadowNode::buildAttributedString(
+      baseTextAttributes, *shadowNode, output, attachments);
+
+  EXPECT_EQ(output.getString(), "Hello World");
+  EXPECT_EQ(output.getFragments().size(), 1);
+}
+
+} // namespace facebook::react