diff --git a/packages/core/test/test_bed_spec.ts b/packages/core/test/test_bed_spec.ts
index 6d360229a0..5874e4e888 100644
--- a/packages/core/test/test_bed_spec.ts
+++ b/packages/core/test/test_bed_spec.ts
@@ -307,6 +307,35 @@ describe('TestBed', () => {
     expect(SimpleService.ngOnDestroyCalls).toBe(0);
   });
 
+  it('should be able to create a fixture if a test module is reset mid-compilation', async () => {
+    const token = new InjectionToken<number>('value');
+
+    @Component({template: 'hello {{_token}}'})
+    class TestComponent {
+      constructor(@Inject(token) public _token: number) {}
+    }
+
+    TestBed.resetTestingModule();  // Reset the state from `beforeEach`.
+
+    function compile(tokenValue: number) {
+      return TestBed
+          .configureTestingModule({
+            declarations: [TestComponent],
+            providers: [{provide: token, useValue: tokenValue}],
+            teardown: {destroyAfterEach: true}
+          })
+          .compileComponents();
+    }
+
+    const initialCompilation = compile(1);
+    TestBed.resetTestingModule();
+    await initialCompilation;
+    await compile(2);
+    const fixture = TestBed.createComponent(TestComponent);
+    fixture.detectChanges();
+    expect(fixture.nativeElement).toHaveText('hello 2');
+  });
+
   describe('module overrides using TestBed.overrideModule', () => {
     @Component({
       selector: 'test-cmp',
diff --git a/packages/core/testing/src/test_bed.ts b/packages/core/testing/src/test_bed.ts
index 627489c3e0..61c4a05357 100644
--- a/packages/core/testing/src/test_bed.ts
+++ b/packages/core/testing/src/test_bed.ts
@@ -263,7 +263,8 @@ export class TestBedViewEngine implements TestBed {
 
   private _compiler: TestingCompiler = null!;
   private _moduleRef: NgModuleRef<any>|null = null;
-  private _moduleFactory: NgModuleFactory<any> = null!;
+  private _moduleFactory: NgModuleFactory<any>|null = null;
+  private _pendingModuleFactory: Type<unknown>|null = null;
 
   private _compilerOptions: CompilerOptions[] = [];
 
@@ -341,7 +342,8 @@ export class TestBedViewEngine implements TestBed {
     this._isRoot = true;
     this._rootProviderOverrides = [];
 
-    this._moduleFactory = null!;
+    this._moduleFactory = null;
+    this._pendingModuleFactory = null;
     this._compilerOptions = [];
     this._providers = [];
     this._declarations = [];
@@ -399,10 +401,16 @@ export class TestBedViewEngine implements TestBed {
     }
 
     const moduleType = this._createCompilerAndModule();
-    return this._compiler.compileModuleAndAllComponentsAsync(moduleType)
-        .then((moduleAndComponentFactories) => {
-          this._moduleFactory = moduleAndComponentFactories.ngModuleFactory;
-        });
+    this._pendingModuleFactory = moduleType;
+    return this._compiler.compileModuleAndAllComponentsAsync(moduleType).then(result => {
+      // If the module mismatches by the time the promise resolves, it means that the module has
+      // already been destroyed and a new compilation has started. If that's the case, avoid
+      // overwriting the module factory, because it can cause downstream errors.
+      if (this._pendingModuleFactory === moduleType) {
+        this._moduleFactory = result.ngModuleFactory;
+        this._pendingModuleFactory = null;
+      }
+    });
   }
 
   private _initIfNeeded(): void {