diff --git a/packages/jest-circus/src/utils.ts b/packages/jest-circus/src/utils.ts
index 45d93fc2286e..fbad7a725c77 100644
--- a/packages/jest-circus/src/utils.ts
+++ b/packages/jest-circus/src/utils.ts
@@ -231,18 +231,17 @@ export const callAsyncCircusFn = (
     return resolve();
   })
     .then(() => {
+      completed = true;
       // If timeout is not cleared/unrefed the node process won't exit until
       // it's resolved.
       timeoutID.unref && timeoutID.unref();
       clearTimeout(timeoutID);
     })
     .catch(error => {
+      completed = true;
       timeoutID.unref && timeoutID.unref();
       clearTimeout(timeoutID);
       throw error;
-    })
-    .finally(() => {
-      completed = true;
     });
 };