diff --git a/lib/internal/streams/operators.js b/lib/internal/streams/operators.js
index 80a0f9f731e89a..fe863bf3ed013d 100644
--- a/lib/internal/streams/operators.js
+++ b/lib/internal/streams/operators.js
@@ -10,7 +10,10 @@ const {
   PromisePrototypeThen,
   PromiseReject,
   PromiseResolve,
+  SafeSet,
   Symbol,
+  SymbolAsyncIterator,
+  SymbolIterator,
 } = primordials;
 
 const { AbortController, AbortSignal } = require('internal/abort_controller');
@@ -39,6 +42,7 @@ const { isWritable, isNodeStream } = require('internal/streams/utils');
 
 const kEmpty = Symbol('kEmpty');
 const kEof = Symbol('kEof');
+const kFlatMap = Symbol('kFlatMap');
 
 function compose(stream, options) {
   if (options != null) {
@@ -92,11 +96,20 @@ function map(fn, options) {
 
   highWaterMark += concurrency;
 
+  const flatMap = options?.[kFlatMap] != null;
+
   return async function* map() {
     const signal = AbortSignal.any([options?.signal].filter(Boolean));
     const stream = this;
     const queue = [];
     const signalOpt = { signal };
+    const baseIterator = (async function* baseIterator() {
+      for await (const value of stream) {
+        // wrap in an object to avoid awaitng if result is a promise
+        yield { result: fn(value, signalOpt) };
+      }
+    })();
+    const iterators = new SafeSet([baseIterator]);
 
     let next;
     let resume;
@@ -125,45 +138,54 @@ function map(fn, options) {
       }
     }
 
+    function addIterator(result) {
+      if (result && (result[SymbolAsyncIterator] || result[SymbolIterator])) {
+        const iterator = result[SymbolAsyncIterator] ? result[SymbolAsyncIterator]() : result[SymbolIterator]();
+        iterators.add(iterator);
+        return kEmpty;
+      }
+      return result;
+    }
+
     async function pump() {
       try {
-        for await (let val of stream) {
-          if (done) {
-            return;
-          }
-
-          if (signal.aborted) {
-            throw new AbortError();
-          }
-
-          try {
-            val = fn(val, signalOpt);
-
-            if (val === kEmpty) {
-              continue;
+        while (iterators.size > 0) {
+          for (const iterator of iterators) {
+            if (done) {
+              return;
             }
 
-            val = PromiseResolve(val);
-          } catch (err) {
-            val = PromiseReject(err);
-          }
-
-          cnt += 1;
+            if (signal.aborted) {
+              throw new AbortError();
+            }
+            let val = PromisePrototypeThen(PromiseResolve(iterator.next()), ({ value, done }) => {
+              if (done) {
+                iterators.delete(iterator);
+                return kEmpty;
+              }
+              return iterator === baseIterator ? value.result : value;
+            });
 
-          PromisePrototypeThen(val, afterItemProcessed, onCatch);
+            if (flatMap && baseIterator === iterator) {
+              val = PromisePrototypeThen(val, addIterator);
+            }
+            PromisePrototypeThen(val, afterItemProcessed, onCatch);
+            cnt += 1;
+            queue.push(val);
 
-          queue.push(val);
-          if (next) {
-            next();
-            next = null;
-          }
+            if (next) {
+              next();
+              next = null;
+            }
 
-          if (!done && (queue.length >= highWaterMark || cnt >= concurrency)) {
-            await new Promise((resolve) => {
-              resume = resolve;
-            });
+            if (!done && (queue.length >= highWaterMark || cnt >= concurrency)) {
+              await new Promise((resolve) => {
+                resume = resolve;
+              });
+            }
           }
         }
+
         queue.push(kEof);
       } catch (err) {
         const val = PromiseReject(err);
@@ -343,12 +365,10 @@ async function toArray(options) {
 }
 
 function flatMap(fn, options) {
-  const values = map.call(this, fn, options);
-  return async function* flatMap() {
-    for await (const val of values) {
-      yield* val;
-    }
-  }.call(this);
+  if (options != null) {
+    validateObject(options, 'options');
+  }
+  return map.call(this, fn, { ...options, [kFlatMap]: true });
 }
 
 function toIntegerOrInfinity(number) {
diff --git a/test/parallel/test-stream-flatMap.js b/test/parallel/test-stream-flatMap.js
index 0e55119f7a767d..869065c6f65e98 100644
--- a/test/parallel/test-stream-flatMap.js
+++ b/test/parallel/test-stream-flatMap.js
@@ -73,9 +73,9 @@ function oneTo5() {
 {
   // Concurrency + AbortSignal
   const ac = new AbortController();
-  const stream = oneTo5().flatMap(common.mustNotCall(async (_, { signal }) => {
+  const stream = oneTo5().flatMap(common.mustCall(async (_, { signal }) => {
     await setTimeout(100, { signal });
-  }), { signal: ac.signal, concurrency: 2 });
+  }, 2), { signal: ac.signal, concurrency: 2 });
   // pump
   assert.rejects(async () => {
     for await (const item of stream) {