diff --git a/src/apis/inject.ts b/src/apis/inject.ts
index e94c7a2..37ed881 100644
--- a/src/apis/inject.ts
+++ b/src/apis/inject.ts
@@ -74,13 +74,11 @@ export function inject(
   const val = resolveInject(key, vm)
   if (val !== NOT_FOUND) {
     return val
+  } else if (arguments.length > 1) {
+    return treatDefaultAsFactory && isFunction(defaultValue)
+      ? defaultValue()
+      : defaultValue
+  } else if (__DEV__) {
+    warn(`Injection "${String(key)}" not found.`, vm)
   }
-
-  if (defaultValue === undefined && __DEV__) {
-    warn(`Injection "${String(key)}" not found`, vm)
-  }
-
-  return treatDefaultAsFactory && isFunction(defaultValue)
-    ? defaultValue()
-    : defaultValue
 }
diff --git a/test/v3/runtime-core/apiInject.spec.ts b/test/v3/runtime-core/apiInject.spec.ts
index 1ed7d5c..99b7cc8 100644
--- a/test/v3/runtime-core/apiInject.spec.ts
+++ b/test/v3/runtime-core/apiInject.spec.ts
@@ -239,7 +239,7 @@ describe('api: provide/inject', () => {
     const root = document.createElement('div')
     const vm = createApp(Provider).mount(root)
     expect(vm.$el.outerHTML).toBe(`<div></div>`)
-    expect(`[Vue warn]: Injection "foo" not found`).toHaveBeenWarned()
+    expect(`[Vue warn]: Injection "foo" not found.`).toHaveBeenWarned()
   })
 
   it('should warn unfound w/ injectionKey is undefined', () => {
@@ -277,4 +277,31 @@ describe('api: provide/inject', () => {
     const vm = createApp(Comp).mount(root)
     expect(vm.$el.outerHTML).toBe(`<div>foo</div>`)
   })
+
+  it('should not warn when default value is undefined', () => {
+    const Provider = {
+      setup() {
+        provide('foo', undefined)
+        return () => h(Middle)
+      },
+    }
+
+    const Middle = {
+      setup() {
+        return () => h(Consumer)
+      },
+    }
+
+    const Consumer = {
+      setup() {
+        const foo = inject('foo')
+        return () => h('div', foo as unknown as string)
+      },
+    }
+
+    const root = document.createElement('div')
+    const vm = createApp(Provider).mount(root)
+    expect(vm.$el.outerHTML).toBe(`<div></div>`)
+    expect(`injection "foo" not found.`).not.toHaveBeenWarned()
+  })
 })