diff --git a/changelogs/fragments/804-compose-v2-waiting.yml b/changelogs/fragments/804-compose-v2-waiting.yml
new file mode 100644
index 000000000..b960c9ec9
--- /dev/null
+++ b/changelogs/fragments/804-compose-v2-waiting.yml
@@ -0,0 +1,2 @@
+bugfixes:
+  - "docker_compose_v2 - do not consider a ``Waiting`` event as an action/change (https://github.com/ansible-collections/community.docker/pull/804)."
diff --git a/plugins/module_utils/compose_v2.py b/plugins/module_utils/compose_v2.py
index 477848a4d..2a048ac19 100644
--- a/plugins/module_utils/compose_v2.py
+++ b/plugins/module_utils/compose_v2.py
@@ -38,7 +38,6 @@
 DOCKER_STATUS_WORKING = frozenset((
     'Creating',
     'Starting',
-    'Waiting',
     'Restarting',
     'Stopping',
     'Killing',
@@ -57,7 +56,10 @@
 DOCKER_STATUS_ERROR = frozenset((
     'Error',
 ))
-DOCKER_STATUS = frozenset(DOCKER_STATUS_DONE | DOCKER_STATUS_WORKING | DOCKER_STATUS_PULL | DOCKER_STATUS_ERROR)
+DOCKER_STATUS_WAITING = frozenset((
+    'Waiting',
+))
+DOCKER_STATUS = frozenset(DOCKER_STATUS_DONE | DOCKER_STATUS_WORKING | DOCKER_STATUS_PULL | DOCKER_STATUS_ERROR | DOCKER_STATUS_WAITING)
 
 DOCKER_PULL_PROGRESS_DONE = frozenset((
     'Already exists',