diff --git a/packages/playwright-core/src/web/htmlReport/htmlReport.tsx b/packages/playwright-core/src/web/htmlReport/htmlReport.tsx
index f805368587..30db558b38 100644
--- a/packages/playwright-core/src/web/htmlReport/htmlReport.tsx
+++ b/packages/playwright-core/src/web/htmlReport/htmlReport.tsx
@@ -255,7 +255,7 @@ export const AttachmentLink: React.FunctionComponent<{
     {attachment.path && <a href={href || attachment.path} target='_blank'>{attachment.name}</a>}
     {attachment.body && <span>{attachment.name}</span>}
   </div>} loadChildren={attachment.body ? () => {
-    return [<div className='attachment-body'>${attachment.body}</div>];
+    return [<div className='attachment-body'>{attachment.body}</div>];
   } : undefined} depth={0}></TreeItem>;
 };
 
diff --git a/packages/playwright-test/src/reporters/html.ts b/packages/playwright-test/src/reporters/html.ts
index bb27f04e71..c3506ecc1b 100644
--- a/packages/playwright-test/src/reporters/html.ts
+++ b/packages/playwright-test/src/reporters/html.ts
@@ -233,7 +233,7 @@ class HtmlBuilder {
       testId: test.testId,
       title: test.title,
       location: this._relativeLocation(test.location),
-      results: test.results.map(r => this._createTestResult(test, r))
+      results: test.results.map(r => this._createTestResult(r))
     };
   }
 
@@ -278,7 +278,8 @@ class HtmlBuilder {
     };
   }
 
-  private _createTestResult(test: JsonTestCase, result: JsonTestResult): TestResult {
+  private _createTestResult(result: JsonTestResult): TestResult {
+    let lastAttachment: TestAttachment | undefined;
     return {
       duration: result.duration,
       startTime: result.startTime,
@@ -303,8 +304,18 @@ class HtmlBuilder {
             body: a.body,
           };
         }
+
+        if ((a.name === 'stdout' || a.name === 'stderr') &&
+          a.contentType === 'text/plain' &&
+          lastAttachment &&
+          lastAttachment.name === a.name &&
+          lastAttachment.contentType === a.contentType) {
+          lastAttachment.body += a.body as string;
+          return null;
+        }
+        lastAttachment = a;
         return a;
-      })
+      }).filter(Boolean) as TestAttachment[]
     };
   }
 
diff --git a/tests/playwright-test/reporter-html.spec.ts b/tests/playwright-test/reporter-html.spec.ts
index 687d9317a6..9ecfaa123c 100644
--- a/tests/playwright-test/reporter-html.spec.ts
+++ b/tests/playwright-test/reporter-html.spec.ts
@@ -228,3 +228,27 @@ test('should include screenshot on failure', async ({ runInlineTest, page, showR
   const src = await page.locator('img').getAttribute('src');
   expect(src).toBeTruthy();
 });
+
+test('should include stdio', async ({ runInlineTest, page, showReport }) => {
+  const result = await runInlineTest({
+    'a.test.js': `
+      const { test } = pwt;
+      test('fails', async ({ page }) => {
+        console.log('First line');
+        console.log('Second line');
+        console.error('Third line');
+        await expect(true).toBeFalsy();
+      });
+    `,
+  }, { reporter: 'dot,html' });
+  expect(result.exitCode).toBe(1);
+  expect(result.failed).toBe(1);
+
+  await showReport();
+  await page.click('text=a.test.js');
+  await page.click('text=fails');
+  await page.locator('text=stdout').click();
+  await expect(page.locator('.attachment-body')).toHaveText('First line\nSecond line');
+  await page.locator('text=stderr').click();
+  await expect(page.locator('.attachment-body').nth(1)).toHaveText('Third line');
+});