diff --git a/src/Tracy/Dumper/Exposer.php b/src/Tracy/Dumper/Exposer.php
index eb14a504a..99f75e07c 100644
--- a/src/Tracy/Dumper/Exposer.php
+++ b/src/Tracy/Dumper/Exposer.php
@@ -20,6 +20,16 @@ final class Exposer
 {
 	public static function exposeObject(object $obj, Value $value, Describer $describer): void
 	{
+		if (PHP_VERSION_ID >= 80400 && ($rc = new \ReflectionClass($obj))->isUninitializedLazyObject($obj)) {
+			//$describer->addPropertyTo($value, 'lazy-object', '', Value::PropertyVirtual);
+			$value->value .= ' (lazy)';
+			if ($init = $rc->getLazyInitializer($obj)) {
+				$describer->addPropertyTo($value, 'initializer', $init, Value::PropertyVirtual);
+				$value->items[0][1]->collapsed = false;
+			}
+			return;
+		}
+
 		$values = get_mangled_object_vars($obj);
 		$props = self::getProperties($obj::class);
 
diff --git a/tests/Tracy/Dumper.toText().specials.lazy.phpt b/tests/Tracy/Dumper.toText().specials.lazy.phpt
new file mode 100644
index 000000000..b78774b5c
--- /dev/null
+++ b/tests/Tracy/Dumper.toText().specials.lazy.phpt
@@ -0,0 +1,33 @@
+<?php
+
+/**
+ * Test: Tracy\Dumper::toText() & lazy object
+ * @phpversion 8.4
+ */
+
+declare(strict_types=1);
+
+use Tester\Assert;
+use Tracy\Dumper;
+
+require __DIR__ . '/../bootstrap.php';
+
+
+class MyClass
+{
+	public $foo;
+}
+ 
+$rc = new ReflectionClass(MyClass::class);
+$ghost = $rc->newLazyGhost(function (MyClass $ghost) {});
+
+
+Assert::match(
+	<<<'XX'
+		array (1)
+		   0 => MyClass (lazy) #%d%
+		   |  initializer: Closure($ghost) #%d%
+		XX,
+	Dumper::toText([$ghost], [Dumper::DEPTH => 3]),
+);
+