diff --git a/static/app/components/stackTrace/issueStackTrace/index.spec.tsx b/static/app/components/stackTrace/issueStackTrace/index.spec.tsx
index 718dbbbb785f..ccd17952dc97 100644
--- a/static/app/components/stackTrace/issueStackTrace/index.spec.tsx
+++ b/static/app/components/stackTrace/issueStackTrace/index.spec.tsx
@@ -118,6 +118,36 @@ describe('IssueStackTrace', () => {
     expect(container).toBeEmptyDOMElement();
   });
 
+  it('renders exception details when no structured stacktrace is available', async () => {
+    const event = EventFixture({
+      platform: 'python',
+      projectID: '1',
+      entries: [{type: 'exception' as const, data: {values: []}}],
+    });
+
+    render(
+      <IssueStackTrace
+        event={event}
+        values={[
+          {
+            type: 'ValueError',
+            value: 'bad value',
+            module: null,
+            mechanism: null,
+            stacktrace: null,
+            rawStacktrace: null,
+            threadId: null,
+          },
+        ]}
+      />
+    );
+
+    expect(await screen.findByText('Stack Trace')).toBeInTheDocument();
+    expect(screen.getByText('ValueError')).toBeInTheDocument();
+    expect(screen.getByText('bad value')).toBeInTheDocument();
+    expect(screen.getByText('No stacktrace found.')).toBeInTheDocument();
+  });
+
   it('persists raw and minified display selections per project', async () => {
     const {event, stacktrace} = makeStackTraceData();
     const minifiedStacktrace = {
diff --git a/static/app/components/stackTrace/issueStackTrace/index.tsx b/static/app/components/stackTrace/issueStackTrace/index.tsx
index a56026a22b53..31f7ac315cb5 100644
--- a/static/app/components/stackTrace/issueStackTrace/index.tsx
+++ b/static/app/components/stackTrace/issueStackTrace/index.tsx
@@ -263,9 +263,11 @@ function IssueStackTraceContent({
               </Fragment>
             )}
           </Stack>
-          <ErrorBoundary customComponent={null}>
-            <StacktraceBanners event={event} stacktrace={exc.stacktrace} />
-          </ErrorBoundary>
+          {exc.stacktrace && (
+            <ErrorBoundary customComponent={null}>
+              <StacktraceBanners event={event} stacktrace={exc.stacktrace} />
+            </ErrorBoundary>
+          )}
           <StackTraceProvider
             exceptionIndex={isStandalone ? undefined : exc.exceptionIndex}
             event={event}
@@ -347,7 +349,7 @@ function IssueStackTraceContent({
                     newestFirst={isNewestFirst}
                     onExceptionClick={expandException}
                   />
-                  {idx === firstVisibleExceptionIndex ? (
+                  {exc.stacktrace && idx === firstVisibleExceptionIndex ? (
                     <ErrorBoundary customComponent={null}>
                       <StacktraceBanners event={event} stacktrace={exc.stacktrace} />
                     </ErrorBoundary>
diff --git a/static/app/components/stackTrace/issueStackTrace/utils.ts b/static/app/components/stackTrace/issueStackTrace/utils.ts
index 02d1bbbfe0a9..90d6cd5285b2 100644
--- a/static/app/components/stackTrace/issueStackTrace/utils.ts
+++ b/static/app/components/stackTrace/issueStackTrace/utils.ts
@@ -2,11 +2,9 @@ import {displayRawContent as rawStacktraceContent} from 'sentry/components/event
 import type {StackTraceView} from 'sentry/components/stackTrace/types';
 import type {Event, ExceptionValue} from 'sentry/types/event';
 import {EntryType} from 'sentry/types/event';
-import type {StacktraceType} from 'sentry/types/stacktrace';
 
 interface IndexedExceptionValue extends ExceptionValue {
   exceptionIndex: number;
-  stacktrace: StacktraceType;
 }
 
 /**
@@ -28,9 +26,7 @@ export function getOrderedExceptions(
   isNewestFirst: boolean,
   view: StackTraceView
 ): IndexedExceptionValue[] {
-  const indexed = values
-    .map((exc, exceptionIndex) => ({...exc, exceptionIndex}))
-    .filter((exc): exc is IndexedExceptionValue => exc.stacktrace !== null);
+  const indexed = values.map((exc, exceptionIndex) => ({...exc, exceptionIndex}));
   return isNewestFirst && view !== 'raw' ? indexed.reverse() : indexed;
 }
 
diff --git a/static/app/components/stackTrace/stackTraceProvider.tsx b/static/app/components/stackTrace/stackTraceProvider.tsx
index 0724a687c381..bd285a305b21 100644
--- a/static/app/components/stackTrace/stackTraceProvider.tsx
+++ b/static/app/components/stackTrace/stackTraceProvider.tsx
@@ -1,6 +1,7 @@
 import {useCallback, useMemo, useState} from 'react';
 
 import {isExpandable as frameHasExpandableDetails} from 'sentry/components/events/interfaces/frame/utils';
+import {NoStackTraceMessage} from 'sentry/components/events/interfaces/noStackTraceMessage';
 import {getLastFrameIndex} from 'sentry/components/events/interfaces/utils';
 import type {Event} from 'sentry/types/event';
 import type {PlatformKey} from 'sentry/types/platform';
@@ -12,6 +13,13 @@ import {StackTraceContext, useStackTraceViewState} from './stackTraceContext';
 import type {StackTraceContextValue} from './stackTraceContext';
 import type {StackTraceProviderProps} from './types';
 
+const EMPTY_STACKTRACE: StacktraceType = {
+  frames: [],
+  framesOmitted: null,
+  hasSystemFrames: false,
+  registers: null,
+};
+
 function getDefaultPlatform(stacktrace: StacktraceType, event: Event): PlatformKey {
   const framePlatform = stacktrace.frames?.find(frame => !!frame.platform)?.platform;
   return event.platform ?? framePlatform ?? 'other';
@@ -33,8 +41,10 @@ export function StackTraceProvider({
 }: StackTraceProviderProps) {
   const {isMinified, isNewestFirst, view} = useStackTraceViewState();
 
-  const activeStacktrace =
-    isMinified && minifiedStacktrace ? minifiedStacktrace : stacktrace;
+  let activeStacktrace = stacktrace ?? EMPTY_STACKTRACE;
+  if (isMinified && minifiedStacktrace) {
+    activeStacktrace = minifiedStacktrace;
+  }
   const frames = useMemo(() => activeStacktrace.frames ?? [], [activeStacktrace.frames]);
   const {projects} = useProjects();
   const project = useMemo(
@@ -161,6 +171,10 @@ export function StackTraceProvider({
     ]
   );
 
+  if (!stacktrace) {
+    return <NoStackTraceMessage />;
+  }
+
   return (
     <StackTraceContext.Provider value={value}>{children}</StackTraceContext.Provider>
   );
diff --git a/static/app/components/stackTrace/types.tsx b/static/app/components/stackTrace/types.tsx
index 7d0f5c0c63f3..173e4920e0d9 100644
--- a/static/app/components/stackTrace/types.tsx
+++ b/static/app/components/stackTrace/types.tsx
@@ -55,7 +55,7 @@ export type StackTraceMeta = {
 export interface StackTraceProviderProps {
   children: ReactNode;
   event: Event;
-  stacktrace: StacktraceType;
+  stacktrace: StacktraceType | null;
   /** When true, all frames start collapsed regardless of their position. */
   collapseAll?: boolean;
   /** Optional exception index in the full exception values list. */