diff --git a/homeassistant/helpers/entity.py b/homeassistant/helpers/entity.py
index 5fcf8a5c57a6..ce38b085bd45 100644
--- a/homeassistant/helpers/entity.py
+++ b/homeassistant/helpers/entity.py
@@ -54,6 +54,7 @@ from homeassistant.core_config import DATA_CUSTOMIZE
 from homeassistant.exceptions import HomeAssistantError, NoEntitySpecifiedError
 from homeassistant.loader import async_suggest_report_issue
 from homeassistant.util import ensure_unique_string, slugify
+from homeassistant.util.async_ import wait_shared_future
 from homeassistant.util.frozen_dataclass_compat import FrozenOrThawed
 
 from . import device_registry as dr, entity_registry as er
@@ -1463,7 +1464,7 @@ class Entity(
         or if force_remove=True, its state will be removed.
         """
         if self.__remove_future is not None:
-            await self.__remove_future
+            await wait_shared_future(self.__remove_future)
             return
 
         self.__remove_future = self.hass.loop.create_future()
diff --git a/tests/helpers/test_entity.py b/tests/helpers/test_entity.py
index f645afb4275a..c81a443dd935 100644
--- a/tests/helpers/test_entity.py
+++ b/tests/helpers/test_entity.py
@@ -685,6 +685,38 @@ async def test_async_remove_twice(hass: HomeAssistant) -> None:
     assert ent._platform_state is entity.EntityPlatformState.REMOVED
 
 
+async def test_async_remove_cancel_concurrent_waiter(hass: HomeAssistant) -> None:
+    """Test cancelling a concurrent remove does not break the in-progress remove."""
+    release = asyncio.Event()
+
+    class MockEntitySlowRemoval(entity.Entity):
+        """Entity that blocks while being removed."""
+
+        async def async_will_remove_from_hass(self) -> None:
+            """Block until released."""
+            await release.wait()
+
+    platform = MockEntityPlatform(hass, domain="test")
+    ent = MockEntitySlowRemoval()
+    ent.entity_id = "test.test"
+    await platform.async_add_entities([ent])
+
+    owner = hass.async_create_task(ent.async_remove())
+    await asyncio.sleep(0)
+    waiter = hass.async_create_task(ent.async_remove())
+    other_waiter = hass.async_create_task(ent.async_remove())
+    await asyncio.sleep(0)
+
+    waiter.cancel()
+    with pytest.raises(asyncio.CancelledError):
+        await waiter
+
+    release.set()
+    await owner
+    await other_waiter
+    assert hass.states.get("test.test") is None
+
+
 async def test_set_context(hass: HomeAssistant) -> None:
     """Test setting context."""
     context = Context()