diff --git a/Changelog.md b/Changelog.md
index 3f4ae2ec..3a5090d5 100644
--- a/Changelog.md
+++ b/Changelog.md
@@ -18,8 +18,12 @@
 
 ### Bug Fixes
 
+- [#624]: Fix corruption of parser state after cancelling of async reading.
+
 ### Misc Changes
 
+[#624]: https://github.com/tafia/quick-xml/issues/624
+
 
 ## 0.39.0 -- 2026-01-11
 
diff --git a/src/reader/mod.rs b/src/reader/mod.rs
index e227e189..cb2d35c6 100644
--- a/src/reader/mod.rs
+++ b/src/reader/mod.rs
@@ -405,10 +405,15 @@ macro_rules! read_until_close {
         $reader:expr
         $(, $await:ident)?
     ) => {{
-        $self.state.state = ParseState::InsideText;
-
         let start = $self.state.offset;
-        match $reader.peek_one() $(.$await)? {
+        // It is important to change state only after .await point, because future
+        // may be cancelled only at .await points
+        //
+        // See https://github.com/tafia/quick-xml/issues/624
+        let lookahead = $reader.peek_one() $(.$await)?;
+
+        $self.state.state = ParseState::InsideText;
+        match lookahead {
             // `<!` - comment, CDATA or DOCTYPE declaration
             Ok(Some(b'!')) => match $reader
                 .read_bang_element($buf, &mut $self.state.offset)