diff --git a/packages/react-client/src/ReactFlightPerformanceTrack.js b/packages/react-client/src/ReactFlightPerformanceTrack.js
index 984408500d..2b35e82363 100644
--- a/packages/react-client/src/ReactFlightPerformanceTrack.js
+++ b/packages/react-client/src/ReactFlightPerformanceTrack.js
@@ -22,6 +22,8 @@ import {
   addObjectToProperties,
 } from 'shared/ReactPerformanceTrackProperties';
 
+import {getIODescription} from 'shared/ReactIODescription';
+
 const supportsUserTiming =
   enableProfilerTimer &&
   typeof console !== 'undefined' &&
@@ -300,70 +302,6 @@ function getIOColor(
   }
 }
 
-function getIODescription(value: any): string {
-  if (!__DEV__) {
-    return '';
-  }
-  try {
-    switch (typeof value) {
-      case 'object':
-        // Test the object for a bunch of common property names that are useful identifiers.
-        // While we only have the return value here, it should ideally be a name that
-        // describes the arguments requested.
-        if (value === null) {
-          return '';
-        } else if (value instanceof Error) {
-          // eslint-disable-next-line react-internal/safe-string-coercion
-          return String(value.message);
-        } else if (typeof value.url === 'string') {
-          return value.url;
-        } else if (typeof value.command === 'string') {
-          return value.command;
-        } else if (
-          typeof value.request === 'object' &&
-          typeof value.request.url === 'string'
-        ) {
-          return value.request.url;
-        } else if (
-          typeof value.response === 'object' &&
-          typeof value.response.url === 'string'
-        ) {
-          return value.response.url;
-        } else if (
-          typeof value.id === 'string' ||
-          typeof value.id === 'number' ||
-          typeof value.id === 'bigint'
-        ) {
-          // eslint-disable-next-line react-internal/safe-string-coercion
-          return String(value.id);
-        } else if (typeof value.name === 'string') {
-          return value.name;
-        } else {
-          const str = value.toString();
-          if (str.startWith('[object ') || str.length < 5 || str.length > 500) {
-            // This is probably not a useful description.
-            return '';
-          }
-          return str;
-        }
-      case 'string':
-        if (value.length < 5 || value.length > 500) {
-          return '';
-        }
-        return value;
-      case 'number':
-      case 'bigint':
-        // eslint-disable-next-line react-internal/safe-string-coercion
-        return String(value);
-      default:
-        // Not useful descriptors.
-        return '';
-    }
-  } catch (x) {
-    return '';
-  }
-}
-
 function getIOLongName(
   ioInfo: ReactIOInfo,
   description: string,
diff --git a/packages/react-devtools-shared/src/backend/fiber/renderer.js b/packages/react-devtools-shared/src/backend/fiber/renderer.js
index 31db8a7433..b5b7fe9658 100644
--- a/packages/react-devtools-shared/src/backend/fiber/renderer.js
+++ b/packages/react-devtools-shared/src/backend/fiber/renderer.js
@@ -105,6 +105,8 @@ import {componentInfoToComponentLogsMap} from '../shared/DevToolsServerComponent
 import is from 'shared/objectIs';
 import hasOwnProperty from 'shared/hasOwnProperty';
 
+import {getIODescription} from 'shared/ReactIODescription';
+
 import {
   getStackByFiberInDevAndProd,
   getOwnerStackByFiberInDev,
@@ -4116,9 +4118,26 @@ export function attach(
       parentInstance,
       asyncInfo.owner,
     );
+    const value: any = ioInfo.value;
+    let resolvedValue = undefined;
+    if (
+      typeof value === 'object' &&
+      value !== null &&
+      typeof value.then === 'function'
+    ) {
+      switch (value.status) {
+        case 'fulfilled':
+          resolvedValue = value.value;
+          break;
+        case 'rejected':
+          resolvedValue = value.reason;
+          break;
+      }
+    }
     return {
       awaited: {
         name: ioInfo.name,
+        description: getIODescription(resolvedValue),
         start: ioInfo.start,
         end: ioInfo.end,
         value: ioInfo.value == null ? null : ioInfo.value,
diff --git a/packages/react-devtools-shared/src/backend/types.js b/packages/react-devtools-shared/src/backend/types.js
index 979baa3e0a..6324e63da1 100644
--- a/packages/react-devtools-shared/src/backend/types.js
+++ b/packages/react-devtools-shared/src/backend/types.js
@@ -235,6 +235,7 @@ export type PathMatch = {
 // Serialized version of ReactIOInfo
 export type SerializedIOInfo = {
   name: string,
+  description: string,
   start: number,
   end: number,
   value: null | Promise<mixed>,
diff --git a/packages/react-devtools-shared/src/backendAPI.js b/packages/react-devtools-shared/src/backendAPI.js
index 9f96215026..d6aa18cd31 100644
--- a/packages/react-devtools-shared/src/backendAPI.js
+++ b/packages/react-devtools-shared/src/backendAPI.js
@@ -218,6 +218,7 @@ function backendToFrontendSerializedAsyncInfo(
   return {
     awaited: {
       name: ioInfo.name,
+      description: ioInfo.description,
       start: ioInfo.start,
       end: ioInfo.end,
       value: ioInfo.value,
diff --git a/packages/react-devtools-shared/src/devtools/views/Components/InspectedElementSharedStyles.css b/packages/react-devtools-shared/src/devtools/views/Components/InspectedElementSharedStyles.css
index c0d3c95bec..41e510b7c1 100644
--- a/packages/react-devtools-shared/src/devtools/views/Components/InspectedElementSharedStyles.css
+++ b/packages/react-devtools-shared/src/devtools/views/Components/InspectedElementSharedStyles.css
@@ -75,11 +75,25 @@
   color: var(--color-expand-collapse-toggle);
 }
 
-.CollapsableHeaderTitle {
-  flex: 1 1 auto;
+.CollapsableHeaderTitle, .CollapsableHeaderDescription, .CollapsableHeaderSeparator, .CollapsableHeaderFiller {
   font-family: var(--font-family-monospace);
   font-size: var(--font-size-monospace-normal);
   text-align: left;
+  white-space: nowrap;
+}
+.CollapsableHeaderTitle {
+  flex: 0 1 auto;
+  overflow: hidden;
+  text-overflow: ellipsis;
+}
+
+.CollapsableHeaderSeparator {
+  flex: 0 0 auto;
+  white-space: pre;
+}
+
+.CollapsableHeaderFiller {
+  flex: 1 0 0;
 }
 
 .CollapsableContent {
@@ -108,4 +122,4 @@
 
 .TimeBarSpanErrored {
   background-color: var(--color-timespan-background-errored);
-}
\ No newline at end of file
+}
diff --git a/packages/react-devtools-shared/src/devtools/views/Components/InspectedElementSuspendedBy.js b/packages/react-devtools-shared/src/devtools/views/Components/InspectedElementSuspendedBy.js
index 93f4078a0e..9deddef14b 100644
--- a/packages/react-devtools-shared/src/devtools/views/Components/InspectedElementSuspendedBy.js
+++ b/packages/react-devtools-shared/src/devtools/views/Components/InspectedElementSuspendedBy.js
@@ -38,6 +38,37 @@ type RowProps = {
   maxTime: number,
 };
 
+function getShortDescription(name: string, description: string): string {
+  const descMaxLength = 30 - name.length;
+  if (descMaxLength > 1) {
+    const l = description.length;
+    if (l > 0 && l <= descMaxLength) {
+      // We can fit the full description
+      return description;
+    } else if (
+      description.startsWith('http://') ||
+      description.startsWith('https://') ||
+      description.startsWith('/')
+    ) {
+      // Looks like a URL. Let's see if we can extract something shorter.
+      // We don't have to do a full parse so let's try something cheaper.
+      let queryIdx = description.indexOf('?');
+      if (queryIdx === -1) {
+        queryIdx = description.length;
+      }
+      if (description.charCodeAt(queryIdx - 1) === 47 /* "/" */) {
+        // Ends with slash. Look before that.
+        queryIdx--;
+      }
+      const slashIdx = description.lastIndexOf('/', queryIdx - 1);
+      // This may now be either the file name or the host.
+      // Include the slash to make it more obvious what we trimmed.
+      return '…' + description.slice(slashIdx, queryIdx);
+    }
+  }
+  return '';
+}
+
 function SuspendedByRow({
   bridge,
   element,
@@ -50,6 +81,9 @@ function SuspendedByRow({
 }: RowProps) {
   const [isOpen, setIsOpen] = useState(false);
   const name = asyncInfo.awaited.name;
+  const description = asyncInfo.awaited.description;
+  const longName = description === '' ? name : name + ' (' + description + ')';
+  const shortDescription = getShortDescription(name, description);
   let stack;
   let owner;
   if (asyncInfo.stack === null || asyncInfo.stack.length === 0) {
@@ -83,12 +117,22 @@ function SuspendedByRow({
       <Button
         className={styles.CollapsableHeader}
         onClick={() => setIsOpen(prevIsOpen => !prevIsOpen)}
-        title={name + ' — ' + (end - start).toFixed(2) + ' ms'}>
+        title={longName + ' — ' + (end - start).toFixed(2) + ' ms'}>
         <ButtonIcon
           className={styles.CollapsableHeaderIcon}
           type={isOpen ? 'expanded' : 'collapsed'}
         />
         <span className={styles.CollapsableHeaderTitle}>{name}</span>
+        {shortDescription === '' ? null : (
+          <>
+            <span className={styles.CollapsableHeaderSeparator}>{' ('}</span>
+            <span className={styles.CollapsableHeaderTitle}>
+              {shortDescription}
+            </span>
+            <span className={styles.CollapsableHeaderSeparator}>{') '}</span>
+          </>
+        )}
+        <div className={styles.CollapsableHeaderFiller} />
         <div className={styles.TimeBarContainer}>
           <div
             className={
diff --git a/packages/react-devtools-shared/src/frontend/types.js b/packages/react-devtools-shared/src/frontend/types.js
index aa6b95a88a..622205dd67 100644
--- a/packages/react-devtools-shared/src/frontend/types.js
+++ b/packages/react-devtools-shared/src/frontend/types.js
@@ -187,6 +187,7 @@ export type Element = {
 // Serialized version of ReactIOInfo
 export type SerializedIOInfo = {
   name: string,
+  description: string,
   start: number,
   end: number,
   value: null | Promise<mixed>,
diff --git a/packages/shared/ReactIODescription.js b/packages/shared/ReactIODescription.js
new file mode 100644
index 0000000000..7767b93da4
--- /dev/null
+++ b/packages/shared/ReactIODescription.js
@@ -0,0 +1,72 @@
+/**
+ * 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.
+ *
+ * @flow
+ */
+
+export function getIODescription(value: any): string {
+  if (!__DEV__) {
+    return '';
+  }
+  try {
+    switch (typeof value) {
+      case 'object':
+        // Test the object for a bunch of common property names that are useful identifiers.
+        // While we only have the return value here, it should ideally be a name that
+        // describes the arguments requested.
+        if (value === null) {
+          return '';
+        } else if (value instanceof Error) {
+          // eslint-disable-next-line react-internal/safe-string-coercion
+          return String(value.message);
+        } else if (typeof value.url === 'string') {
+          return value.url;
+        } else if (typeof value.command === 'string') {
+          return value.command;
+        } else if (
+          typeof value.request === 'object' &&
+          typeof value.request.url === 'string'
+        ) {
+          return value.request.url;
+        } else if (
+          typeof value.response === 'object' &&
+          typeof value.response.url === 'string'
+        ) {
+          return value.response.url;
+        } else if (
+          typeof value.id === 'string' ||
+          typeof value.id === 'number' ||
+          typeof value.id === 'bigint'
+        ) {
+          // eslint-disable-next-line react-internal/safe-string-coercion
+          return String(value.id);
+        } else if (typeof value.name === 'string') {
+          return value.name;
+        } else {
+          const str = value.toString();
+          if (str.startWith('[object ') || str.length < 5 || str.length > 500) {
+            // This is probably not a useful description.
+            return '';
+          }
+          return str;
+        }
+      case 'string':
+        if (value.length < 5 || value.length > 500) {
+          return '';
+        }
+        return value;
+      case 'number':
+      case 'bigint':
+        // eslint-disable-next-line react-internal/safe-string-coercion
+        return String(value);
+      default:
+        // Not useful descriptors.
+        return '';
+    }
+  } catch (x) {
+    return '';
+  }
+}