diff --git a/lib/internal/test_runner/snapshot.js b/lib/internal/test_runner/snapshot.js
index 16a994c02a6..a2ab85239d7 100644
--- a/lib/internal/test_runner/snapshot.js
+++ b/lib/internal/test_runner/snapshot.js
@@ -146,7 +146,9 @@ class SnapshotManager {
         );
       }
 
-      this.snapshots = context.exports;
+      for (const key in context.exports) {
+        this.snapshots[key] = templateEscape(context.exports[key]);
+      }
       this.loaded = true;
     } catch (err) {
       let msg = `Cannot read snapshot file '${this.snapshotFile}.'`;
diff --git a/test/fixtures/test-runner/snapshots/unit.js b/test/fixtures/test-runner/snapshots/unit.js
index 0718314239e..889b47f379a 100644
--- a/test/fixtures/test-runner/snapshots/unit.js
+++ b/test/fixtures/test-runner/snapshots/unit.js
@@ -22,3 +22,7 @@ test('`${foo}`', async (t) => {
   const options = { serializers: [() => { return '***'; }]};
   t.assert.snapshot('snapshotted string', options);
 });
+
+test('escapes in `\\${foo}`\n', async (t) => {
+  t.assert.snapshot('`\\${foo}`\n');
+});
diff --git a/test/parallel/test-runner-snapshot-tests.js b/test/parallel/test-runner-snapshot-tests.js
index ae4130190d6..d3abf356821 100644
--- a/test/parallel/test-runner-snapshot-tests.js
+++ b/test/parallel/test-runner-snapshot-tests.js
@@ -296,9 +296,9 @@ test('t.assert.snapshot()', async (t) => {
 
     t.assert.strictEqual(child.code, 1);
     t.assert.strictEqual(child.signal, null);
-    t.assert.match(child.stdout, /# tests 3/);
+    t.assert.match(child.stdout, /# tests 4/);
     t.assert.match(child.stdout, /# pass 0/);
-    t.assert.match(child.stdout, /# fail 3/);
+    t.assert.match(child.stdout, /# fail 4/);
     t.assert.match(child.stdout, /Missing snapshots/);
   });
 
@@ -311,8 +311,8 @@ test('t.assert.snapshot()', async (t) => {
 
     t.assert.strictEqual(child.code, 0);
     t.assert.strictEqual(child.signal, null);
-    t.assert.match(child.stdout, /tests 3/);
-    t.assert.match(child.stdout, /pass 3/);
+    t.assert.match(child.stdout, /tests 4/);
+    t.assert.match(child.stdout, /pass 4/);
     t.assert.match(child.stdout, /fail 0/);
   });
 
@@ -325,8 +325,8 @@ test('t.assert.snapshot()', async (t) => {
 
     t.assert.strictEqual(child.code, 0);
     t.assert.strictEqual(child.signal, null);
-    t.assert.match(child.stdout, /tests 3/);
-    t.assert.match(child.stdout, /pass 3/);
+    t.assert.match(child.stdout, /tests 4/);
+    t.assert.match(child.stdout, /pass 4/);
     t.assert.match(child.stdout, /fail 0/);
   });
 });