diff --git a/packages/playwright-core/src/client/browserContext.ts b/packages/playwright-core/src/client/browserContext.ts
index 5747c822e1..f8f8977313 100644
--- a/packages/playwright-core/src/client/browserContext.ts
+++ b/packages/playwright-core/src/client/browserContext.ts
@@ -432,6 +432,7 @@ export class BrowserContext extends ChannelOwner<channels.BrowserContextChannel>
       this._browser._contexts.delete(this);
     this._browserType?._contexts?.delete(this);
     this._disposeHarRouters();
+    this.tracing._resetStackCounter();
     this.emit(Events.BrowserContext.Close, this);
   }
 
diff --git a/packages/playwright-core/src/client/fetch.ts b/packages/playwright-core/src/client/fetch.ts
index 8dc3caa570..13a0c0e643 100644
--- a/packages/playwright-core/src/client/fetch.ts
+++ b/packages/playwright-core/src/client/fetch.ts
@@ -102,6 +102,7 @@ export class APIRequestContext extends ChannelOwner<channels.APIRequestContextCh
   async dispose(): Promise<void> {
     await this._instrumentation.onWillCloseRequestContext(this);
     await this._channel.dispose();
+    this._tracing._resetStackCounter();
     this._request?._contexts.delete(this);
   }
 
diff --git a/packages/playwright-core/src/client/tracing.ts b/packages/playwright-core/src/client/tracing.ts
index c90cdfcee6..7330cd9f26 100644
--- a/packages/playwright-core/src/client/tracing.ts
+++ b/packages/playwright-core/src/client/tracing.ts
@@ -76,10 +76,7 @@ export class Tracing extends ChannelOwner<channels.TracingChannel> implements ap
   }
 
   private async _doStopChunk(filePath: string | undefined) {
-    if (this._isTracing) {
-      this._isTracing = false;
-      this._connection.setIsTracing(false);
-    }
+    this._resetStackCounter();
 
     if (!filePath) {
       // Not interested in artifacts.
@@ -113,4 +110,11 @@ export class Tracing extends ChannelOwner<channels.TracingChannel> implements ap
 
     await this._connection.localUtils()._channel.zip({ zipFile: filePath, entries: [], mode: 'append', stacksId: this._stacksId, includeSources: this._includeSources });
   }
+
+  _resetStackCounter() {
+    if (this._isTracing) {
+      this._isTracing = false;
+      this._connection.setIsTracing(false);
+    }
+  }
 }