diff --git a/packages/react-native/Libraries/Core/Devtools/__tests__/globalEvalWithSourceUrl-itest.js b/packages/react-native/Libraries/Core/Devtools/__tests__/globalEvalWithSourceUrl-itest.js
new file mode 100644
index 00000000000..88b6b302cf6
--- /dev/null
+++ b/packages/react-native/Libraries/Core/Devtools/__tests__/globalEvalWithSourceUrl-itest.js
@@ -0,0 +1,83 @@
+/**
+ * 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 strict
+ * @format
+ */
+
+import '@react-native/fantom/src/setUpDefaultReactNativeEnvironment';
+
+const SOURCE_URL = 'globalEvalWithSourceUrl-itest.bundle';
+
+function getHelper(): (code: string, sourceUrl?: string) => unknown {
+  // $FlowFixMe[prop-missing]
+  const helper = global.globalEvalWithSourceUrl;
+  if (typeof helper !== 'function') {
+    throw new Error(
+      `Expected global.globalEvalWithSourceUrl to be a function, got ${typeof helper}`,
+    );
+  }
+  return helper;
+}
+
+function getStack(fn: () => unknown): string {
+  try {
+    fn();
+  } catch (e) {
+    return String(e?.stack ?? '');
+  }
+  throw new Error('Expected the evaluated code to throw');
+}
+
+describe('globalEvalWithSourceUrl', () => {
+  afterEach(() => {
+    // $FlowFixMe[prop-missing]
+    delete globalThis.__fantomEvalMarker;
+  });
+
+  it('is installed on the bridgeless runtime', () => {
+    // $FlowFixMe[prop-missing]
+    expect(typeof global.globalEvalWithSourceUrl).toBe('function');
+  });
+
+  it('evaluates the same source as JS eval() in the global scope', () => {
+    const source = 'globalThis.__fantomEvalMarker = 17; 17';
+
+    // eslint-disable-next-line no-eval
+    expect(eval(source)).toBe(17);
+    // $FlowFixMe[prop-missing]
+    expect(globalThis.__fantomEvalMarker).toBe(17);
+
+    // $FlowFixMe[prop-missing]
+    delete globalThis.__fantomEvalMarker;
+
+    expect(getHelper()(source, SOURCE_URL)).toBe(17);
+    // $FlowFixMe[prop-missing]
+    expect(globalThis.__fantomEvalMarker).toBe(17);
+  });
+
+  it('attributes evaluated code to the given source URL, unlike eval()', () => {
+    const source = 'throw new Error("thrown from evaluated source")';
+
+    // eslint-disable-next-line no-eval
+    const evalStack = getStack(() => eval(source));
+    const helperStack = getStack(() => getHelper()(source, SOURCE_URL));
+
+    expect(evalStack).not.toContain(SOURCE_URL);
+    expect(helperStack).toContain(SOURCE_URL);
+  });
+
+  it('rejects an invalid argument count', () => {
+    // Read it untyped on purpose: this test calls the host function with an
+    // arity the typed wrapper would not allow.
+    const helper: (...args: Array<unknown>) => unknown =
+      // $FlowFixMe[prop-missing]
+      global.globalEvalWithSourceUrl;
+    expect(() => helper()).toThrow(
+      'globalEvalWithSourceUrl arg count must be 1 or 2',
+    );
+  });
+});
diff --git a/packages/react-native/ReactCommon/react/runtime/ReactInstance.cpp b/packages/react-native/ReactCommon/react/runtime/ReactInstance.cpp
index d809b00d7af..a32a40ba70c 100644
--- a/packages/react-native/ReactCommon/react/runtime/ReactInstance.cpp
+++ b/packages/react-native/ReactCommon/react/runtime/ReactInstance.cpp
@@ -458,6 +458,36 @@ void ReactInstance::initializeRuntime(
 
     defineReactInstanceFlags(runtime, options);
 
+    // Bridge JSIExecutor installs this so debug bundle loaders can evaluate
+    // fetched Metro source through Runtime::evaluateJavaScript, with a source
+    // URL for stack traces. Unlike JS eval(), that path is not disabled by
+    // Hermes' RuntimeConfig::EnableEval or by lean engine builds.
+    defineReadOnlyGlobal(
+        runtime,
+        "globalEvalWithSourceUrl",
+        jsi::Function::createFromHostFunction(
+            runtime,
+            jsi::PropNameID::forAscii(runtime, "globalEvalWithSourceUrl"),
+            2,
+            [](jsi::Runtime& rt,
+               const jsi::Value& /*thisValue*/,
+               const jsi::Value* args,
+               size_t count) {
+              if (count != 1 && count != 2) {
+                throw jsi::JSError(
+                    rt, "globalEvalWithSourceUrl arg count must be 1 or 2");
+              }
+
+              auto code = args[0].asString(rt).utf8(rt);
+              std::string url;
+              if (count > 1 && args[1].isString()) {
+                url = args[1].asString(rt).utf8(rt);
+              }
+
+              return rt.evaluateJavaScript(
+                  std::make_unique<jsi::StringBuffer>(std::move(code)), url);
+            }));
+
     defineReadOnlyGlobal(
         runtime,
         "RN$useAlwaysAvailableJSErrorHandling",
diff --git a/packages/react-native/ReactCommon/react/runtime/tests/cxx/ReactInstanceTest.cpp b/packages/react-native/ReactCommon/react/runtime/tests/cxx/ReactInstanceTest.cpp
index 858ab872315..3887b7bdc85 100644
--- a/packages/react-native/ReactCommon/react/runtime/tests/cxx/ReactInstanceTest.cpp
+++ b/packages/react-native/ReactCommon/react/runtime/tests/cxx/ReactInstanceTest.cpp
@@ -118,9 +118,13 @@ class ReactInstanceTest : public ::testing::Test {
  protected:
   ReactInstanceTest() = default;
 
+  virtual ::hermes::vm::RuntimeConfig makeRuntimeConfig() {
+    return ::hermes::vm::RuntimeConfig();
+  }
+
   void SetUp() override {
-    auto runtime =
-        std::make_unique<JSIRuntimeHolder>(hermes::makeHermesRuntime());
+    auto runtime = std::make_unique<JSIRuntimeHolder>(
+        hermes::makeHermesRuntime(makeRuntimeConfig()));
     runtime_ = &runtime->getRuntime();
     messageQueueThread_ = std::make_shared<MockMessageQueueThread>();
     auto mockRegistry = std::make_unique<MockTimerRegistry>();
@@ -255,6 +259,53 @@ TEST_F(ReactInstanceTest, testBridgelessFlagIsSet) {
   EXPECT_EQ(val.getBool(), true);
 }
 
+TEST_F(ReactInstanceTest, testGlobalEvalWithSourceUrlIsInstalled) {
+  auto before =
+      tryEval("typeof globalEvalWithSourceUrl === 'function'", "false");
+  EXPECT_EQ(before.getBool(), false);
+  initializeRuntimeWithScript("");
+  auto isFn = eval("typeof globalEvalWithSourceUrl === 'function'");
+  EXPECT_EQ(isFn.getBool(), true);
+  auto result = eval("globalEvalWithSourceUrl('1 + 2')");
+  EXPECT_EQ(result.getNumber(), 3);
+}
+
+TEST_F(
+    ReactInstanceTest,
+    testGlobalEvalWithSourceUrlMatchesEvalWhenEvalIsEnabled) {
+  initializeRuntimeWithScript("");
+
+  EXPECT_EQ(eval("eval('1 + 2')").getNumber(), 3);
+  EXPECT_EQ(
+      eval("globalEvalWithSourceUrl('1 + 2', 'chunk.js')").getNumber(), 3);
+}
+
+// Hermes gates eval() and the Function constructor behind
+// RuntimeConfig::EnableEval, but Runtime::evaluateJavaScript is not gated.
+// globalEvalWithSourceUrl goes through the latter, which is why the debug
+// bundle loaders prefer it over eval().
+class ReactInstanceWithoutEvalTest : public ReactInstanceTest {
+ protected:
+  ::hermes::vm::RuntimeConfig makeRuntimeConfig() override {
+    return ::hermes::vm::RuntimeConfig::Builder().withEnableEval(false).build();
+  }
+};
+
+TEST_F(
+    ReactInstanceWithoutEvalTest,
+    testGlobalEvalWithSourceUrlWorksWhenEvalIsDisabled) {
+  initializeRuntimeWithScript("");
+
+  auto evalOutcome = eval(
+      "(function() { try { eval('1 + 2'); return 'no error'; } catch (e) { return String(e.message); } })()");
+  EXPECT_THAT(
+      evalOutcome.getString(*runtime_).utf8(*runtime_),
+      HasSubstr("Parsing source code unsupported"));
+
+  EXPECT_EQ(
+      eval("globalEvalWithSourceUrl('1 + 2', 'chunk.js')").getNumber(), 3);
+}
+
 TEST_F(ReactInstanceTest, testProfilingFlag) {
   auto valBefore = tryEval("__RCTProfileIsProfiling === true", "false");
   EXPECT_EQ(valBefore.getBool(), false);