diff --git a/packages/react-client/src/ReactFlightClient.js b/packages/react-client/src/ReactFlightClient.js
index 4d5204ab00220..38685437a0bbb 100644
--- a/packages/react-client/src/ReactFlightClient.js
+++ b/packages/react-client/src/ReactFlightClient.js
@@ -127,6 +127,7 @@ export type JSONValue =
   | $ReadOnlyArray<JSONValue>;
 
 type ProfilingResult = {
+  track: number,
   endTime: number,
 };
 
@@ -648,7 +649,7 @@ export function reportGlobalError(response: Response, error: Error): void {
     }
   });
   if (enableProfilerTimer && enableComponentPerformanceTrack) {
-    flushComponentPerformance(getChunk(response, 0));
+    flushComponentPerformance(getChunk(response, 0), 0, -Infinity);
   }
 }
 
@@ -2753,9 +2754,16 @@ function resolveTypedArray(
   resolveBuffer(response, id, view);
 }
 
-function flushComponentPerformance(root: SomeChunk<any>): number {
+function flushComponentPerformance(
+  root: SomeChunk<any>,
+  trackIdx: number, // Next available track
+  trackTime: number, // The time after which it is available
+): ProfilingResult {
   if (!enableProfilerTimer || !enableComponentPerformanceTrack) {
-    return 0;
+    // eslint-disable-next-line react-internal/prod-error-codes
+    throw new Error(
+      'flushComponentPerformance should never be called in production mode. This is a bug in React.',
+    );
   }
   // Write performance.measure() entries for Server Components in tree order.
   // This must be done at the end to collect the end time from the whole tree.
@@ -2766,7 +2774,9 @@ function flushComponentPerformance(root: SomeChunk<any>): number {
     // chunk in two places. We should extend the current end time as if it was
     // rendered as part of this tree.
     const previousResult: ProfilingResult = root._children;
-    return previousResult.endTime;
+    // Since we didn't bump the track this time, we just return the same track.
+    previousResult.track = trackIdx;
+    return previousResult;
   }
   const children = root._children;
   if (root.status === RESOLVED_MODEL) {
@@ -2775,16 +2785,49 @@ function flushComponentPerformance(root: SomeChunk<any>): number {
     // the performance characteristics of the app by profiling.
     initializeModelChunk(root);
   }
-  const result: ProfilingResult = {endTime: -Infinity};
+
+  // First find the start time of the first component to know if it was running
+  // in parallel with the previous.
+  const debugInfo = root._debugInfo;
+  if (debugInfo) {
+    for (let i = 1; i < debugInfo.length; i++) {
+      const info = debugInfo[i];
+      if (typeof info.name === 'string') {
+        // $FlowFixMe: Refined.
+        const startTimeInfo = debugInfo[i - 1];
+        if (typeof startTimeInfo.time === 'number') {
+          const startTime = startTimeInfo.time;
+          if (startTime < trackTime) {
+            // The start time of this component is before the end time of the previous
+            // component on this track so we need to bump the next one to a parallel track.
+            trackIdx++;
+            trackTime = startTime;
+          }
+          break;
+        }
+      }
+    }
+  }
+
+  const result: ProfilingResult = {track: trackIdx, endTime: -Infinity};
   root._children = result;
   let childrenEndTime = -Infinity;
+  let childTrackIdx = trackIdx;
+  let childTrackTime = trackTime;
   for (let i = 0; i < children.length; i++) {
-    const childEndTime = flushComponentPerformance(children[i]);
+    const childResult = flushComponentPerformance(
+      children[i],
+      childTrackIdx,
+      childTrackTime,
+    );
+    childTrackIdx = childResult.track;
+    const childEndTime = childResult.endTime;
+    childTrackTime = childEndTime;
     if (childEndTime > childrenEndTime) {
       childrenEndTime = childEndTime;
     }
   }
-  const debugInfo = root._debugInfo;
+
   if (debugInfo) {
     let endTime = 0;
     for (let i = debugInfo.length - 1; i >= 0; i--) {
@@ -2803,6 +2846,7 @@ function flushComponentPerformance(root: SomeChunk<any>): number {
           const startTime = startTimeInfo.time;
           logComponentRender(
             componentInfo,
+            trackIdx,
             startTime,
             endTime,
             childrenEndTime,
@@ -2811,7 +2855,8 @@ function flushComponentPerformance(root: SomeChunk<any>): number {
       }
     }
   }
-  return (result.endTime = childrenEndTime);
+  result.endTime = childrenEndTime;
+  return result;
 }
 
 function processFullBinaryRow(
diff --git a/packages/react-client/src/ReactFlightPerformanceTrack.js b/packages/react-client/src/ReactFlightPerformanceTrack.js
index f1e7b30280722..b8bd9ca2be935 100644
--- a/packages/react-client/src/ReactFlightPerformanceTrack.js
+++ b/packages/react-client/src/ReactFlightPerformanceTrack.js
@@ -22,7 +22,8 @@ const COMPONENTS_TRACK = 'Server Components ⚛';
 // Reused to avoid thrashing the GC.
 const reusableComponentDevToolDetails = {
   color: 'primary',
-  track: COMPONENTS_TRACK,
+  track: '',
+  trackGroup: COMPONENTS_TRACK,
 };
 const reusableComponentOptions = {
   start: -0,
@@ -32,13 +33,27 @@ const reusableComponentOptions = {
   },
 };
 
+const trackNames = [
+  'Primary',
+  'Parallel',
+  'Parallel\u200b', // Padded with zero-width space to give each track a unique name.
+  'Parallel\u200b\u200b',
+  'Parallel\u200b\u200b\u200b',
+  'Parallel\u200b\u200b\u200b\u200b',
+  'Parallel\u200b\u200b\u200b\u200b\u200b',
+  'Parallel\u200b\u200b\u200b\u200b\u200b\u200b',
+  'Parallel\u200b\u200b\u200b\u200b\u200b\u200b\u200b',
+  'Parallel\u200b\u200b\u200b\u200b\u200b\u200b\u200b\u200b',
+];
+
 export function logComponentRender(
   componentInfo: ReactComponentInfo,
+  trackIdx: number,
   startTime: number,
   endTime: number,
   childrenEndTime: number,
 ): void {
-  if (supportsUserTiming && childrenEndTime >= 0) {
+  if (supportsUserTiming && childrenEndTime >= 0 && trackIdx < 10) {
     const name = componentInfo.name;
     const selfTime = endTime - startTime;
     reusableComponentDevToolDetails.color =
@@ -49,6 +64,7 @@ export function logComponentRender(
           : selfTime < 500
             ? 'primary-dark'
             : 'error';
+    reusableComponentDevToolDetails.track = trackNames[trackIdx];
     reusableComponentOptions.start = startTime < 0 ? 0 : startTime;
     reusableComponentOptions.end = childrenEndTime;
     performance.measure(name, reusableComponentOptions);