diff --git a/src/bundler/HTMLImportManifest.zig b/src/bundler/HTMLImportManifest.zig
index 7827370e94..d2716e45aa 100644
--- a/src/bundler/HTMLImportManifest.zig
+++ b/src/bundler/HTMLImportManifest.zig
@@ -166,8 +166,14 @@ pub fn write(index: u32, graph: *const Graph, linker_graph: *const LinkerGraph,
     defer already_visited_output_file.deinit(bun.default_allocator);
 
     // Write all chunks that have files associated with this entry point.
+    // Also include browser chunks from server builds (lazy-loaded chunks from dynamic imports).
+    // When there's only one HTML import, all browser chunks belong to that manifest.
+    // When there are multiple HTML imports, only include chunks that intersect with this entry's bits.
+    const has_single_html_import = graph.html_imports.html_source_indices.len == 1;
     for (chunks) |*ch| {
-        if (ch.entryBits().hasIntersection(&entry_point_bits)) {
+        if (ch.entryBits().hasIntersection(&entry_point_bits) or
+            (has_single_html_import and ch.flags.is_browser_chunk_from_server_build))
+        {
             if (!first) try writer.writeAll(",");
             first = false;
 
diff --git a/src/bundler/linker_context/computeChunks.zig b/src/bundler/linker_context/computeChunks.zig
index 3c906826e9..2abc07404b 100644
--- a/src/bundler/linker_context/computeChunks.zig
+++ b/src/bundler/linker_context/computeChunks.zig
@@ -229,6 +229,16 @@ pub noinline fn computeChunks(
                                 .output_source_map = SourceMap.SourceMapPieces.init(this.allocator()),
                                 .flags = .{ .is_browser_chunk_from_server_build = is_browser_chunk_from_server_build },
                             };
+                        } else if (could_be_browser_target_from_server_build and
+                            !js_chunk_entry.value_ptr.entry_point.is_entry_point and
+                            !js_chunk_entry.value_ptr.flags.is_browser_chunk_from_server_build and
+                            ast_targets[source_index.get()] == .browser)
+                        {
+                            // If any file in the chunk has browser target, mark the whole chunk as browser.
+                            // This handles the case where a lazy-loaded chunk (code splitting chunk, not entry point)
+                            // contains browser-targeted files but was first created by a non-browser file.
+                            // We only apply this to non-entry-point chunks to preserve the correct side for server entry points.
+                            js_chunk_entry.value_ptr.flags.is_browser_chunk_from_server_build = true;
                         }
 
                         const entry = js_chunk_entry.value_ptr.files_with_parts_in_chunk.getOrPut(this.allocator(), @as(u32, @truncate(source_index.get()))) catch unreachable;
diff --git a/test/regression/issue/25628.test.ts b/test/regression/issue/25628.test.ts
new file mode 100644
index 0000000000..e44fef7708
--- /dev/null
+++ b/test/regression/issue/25628.test.ts
@@ -0,0 +1,89 @@
+import { expect, test } from "bun:test";
+import { bunEnv, bunExe, isWindows, tempDir } from "harness";
+
+// https://github.com/oven-sh/bun/issues/25628
+// Bug: Lazy code-splitting chunks are not accessible via frontend.files in fullstack builds
+// when using --splitting with --compile. The chunks are physically written to disk and embedded
+// in the executable, but they're filtered out when accessing the embedded files array.
+
+test("lazy chunks from code splitting should appear in frontend.files", { timeout: 60000 }, async () => {
+  using dir = tempDir("issue-25628", {
+    // Server entry that prints frontend.files and exits
+    "server.ts": `
+      import frontend from "./client.html";
+
+      // Get all file paths from frontend.files
+      const filePaths = frontend.files?.map((f: any) => f.path) ?? [];
+
+      // Count the number of chunk files (lazy chunks are named chunk-xxx.js)
+      const chunkCount = filePaths.filter((p: string) =>
+        p.includes("chunk-")
+      ).length;
+
+      // There should be at least 2 chunks:
+      // 1. The main app entry chunk
+      // 2. The lazy-loaded chunk from the dynamic import
+      console.log("CHUNK_COUNT:" + chunkCount);
+      console.log("FILES:" + filePaths.join(","));
+
+      // Exit immediately after printing
+      process.exit(0);
+    `,
+    "client.html": `<!DOCTYPE html>
+<html>
+<head>
+  <script type="module" src="./main.js"></script>
+</head>
+<body></body>
+</html>`,
+    "main.js": `
+      // Dynamic import creates a lazy chunk
+      const lazyMod = () => import("./lazy.js");
+      lazyMod().then(m => m.hello());
+    `,
+    "lazy.js": `
+      export function hello() {
+        console.log("Hello from lazy module!");
+      }
+    `,
+  });
+
+  // Build with splitting and compile
+  await using buildProc = Bun.spawn({
+    cmd: [bunExe(), "build", "--compile", "server.ts", "--splitting", "--outfile", "server"],
+    cwd: String(dir),
+    env: bunEnv,
+    stdout: "pipe",
+    stderr: "pipe",
+  });
+
+  const [buildStdout, buildStderr, buildExitCode] = await Promise.all([
+    buildProc.stdout.text(),
+    buildProc.stderr.text(),
+    buildProc.exited,
+  ]);
+
+  expect(buildStderr).not.toContain("error:");
+  expect(buildExitCode).toBe(0);
+
+  // Run the compiled executable
+  const serverPath = isWindows ? "server.exe" : "./server";
+  await using runProc = Bun.spawn({
+    cmd: [serverPath],
+    cwd: String(dir),
+    env: bunEnv,
+    stdout: "pipe",
+    stderr: "pipe",
+  });
+
+  const [runStdout, runStderr, runExitCode] = await Promise.all([
+    runProc.stdout.text(),
+    runProc.stderr.text(),
+    runProc.exited,
+  ]);
+
+  // There should be at least 2 chunk files in frontend.files:
+  // one for the main entry and one for the lazy-loaded module
+  expect(runStdout).toMatch(/CHUNK_COUNT:[2-9]/);
+  expect(runExitCode).toBe(0);
+});