diff --git a/packages/compiler/src/expression_parser/parser.ts b/packages/compiler/src/expression_parser/parser.ts
index ccdb08d456..4b5b28b8b5 100644
--- a/packages/compiler/src/expression_parser/parser.ts
+++ b/packages/compiler/src/expression_parser/parser.ts
@@ -185,47 +185,82 @@ export class Parser {
         location, absoluteOffset, this.errors);
   }
 
+  /**
+   * Splits a string of text into "raw" text segments and expressions present in interpolations in
+   * the string.
+   * Returns `null` if there are no interpolations, otherwise a
+   * `SplitInterpolation` with splits that look like
+   *   <raw text> <expression> <raw text> ... <raw text> <expression> <raw text>
+   */
   splitInterpolation(
       input: string, location: string,
       interpolationConfig: InterpolationConfig = DEFAULT_INTERPOLATION_CONFIG): SplitInterpolation
       |null {
-    const regexp = _getInterpolateRegExp(interpolationConfig);
-    const parts = input.split(regexp);
-    if (parts.length <= 1) {
-      return null;
-    }
     const strings: string[] = [];
     const expressions: string[] = [];
     const offsets: number[] = [];
     const stringSpans: {start: number, end: number}[] = [];
     const expressionSpans: {start: number, end: number}[] = [];
-    let offset = 0;
-    for (let i = 0; i < parts.length; i++) {
-      const part: string = parts[i];
-      if (i % 2 === 0) {
-        // fixed string
+    let i = 0;
+    let atInterpolation = false;
+    let extendLastString = false;
+    let {start: interpStart, end: interpEnd} = interpolationConfig;
+    while (i < input.length) {
+      if (!atInterpolation) {
+        // parse until starting {{
+        const start = i;
+        i = input.indexOf(interpStart, i);
+        if (i === -1) {
+          i = input.length;
+        }
+        const part = input.substring(start, i);
         strings.push(part);
-        const start = offset;
-        offset += part.length;
-        stringSpans.push({start, end: offset});
-      } else if (part.trim().length > 0) {
-        const start = offset;
-        offset += interpolationConfig.start.length;
-        expressions.push(part);
-        offsets.push(offset);
-        offset += part.length + interpolationConfig.end.length;
-        expressionSpans.push({start, end: offset});
+        stringSpans.push({start, end: i});
+
+        atInterpolation = true;
       } else {
-        this._reportError(
-            'Blank expressions are not allowed in interpolated strings', input,
-            `at column ${this._findInterpolationErrorColumn(parts, i, interpolationConfig)} in`,
-            location);
-        expressions.push('$implicit');
-        offsets.push(offset);
-        expressionSpans.push({start: offset, end: offset});
+        // parse from starting {{ to ending }}
+        const fullStart = i;
+        const exprStart = fullStart + interpStart.length;
+        const exprEnd = input.indexOf(interpEnd, exprStart);
+        if (exprEnd === -1) {
+          // Could not find the end of the interpolation; do not parse an expression.
+          // Instead we should extend the content on the last raw string.
+          atInterpolation = false;
+          extendLastString = true;
+          break;
+        }
+        const fullEnd = exprEnd + interpEnd.length;
+
+        const part = input.substring(exprStart, exprEnd);
+        if (part.trim().length > 0) {
+          expressions.push(part);
+        } else {
+          this._reportError(
+              'Blank expressions are not allowed in interpolated strings', input,
+              `at column ${i} in`, location);
+          expressions.push('$implicit');
+        }
+        offsets.push(exprStart);
+        expressionSpans.push({start: fullStart, end: fullEnd});
+
+        i = fullEnd;
+        atInterpolation = false;
       }
     }
-    return new SplitInterpolation(strings, stringSpans, expressions, expressionSpans, offsets);
+    if (!atInterpolation) {
+      // If we are now at a text section, add the remaining content as a raw string.
+      if (extendLastString) {
+        strings[strings.length - 1] += input.substring(i);
+        stringSpans[stringSpans.length - 1].end = input.length;
+      } else {
+        strings.push(input.substring(i));
+        stringSpans.push({start: i, end: input.length});
+      }
+    }
+    return expressions.length === 0 ?
+        null :
+        new SplitInterpolation(strings, stringSpans, expressions, expressionSpans, offsets);
   }
 
   wrapLiteralPrimitive(input: string|null, location: any, absoluteOffset: number): ASTWithSource {
diff --git a/packages/compiler/test/expression_parser/parser_spec.ts b/packages/compiler/test/expression_parser/parser_spec.ts
index 8c9f85651e..0c1f33c8f2 100644
--- a/packages/compiler/test/expression_parser/parser_spec.ts
+++ b/packages/compiler/test/expression_parser/parser_spec.ts
@@ -728,6 +728,13 @@ describe('parser', () => {
       expect(parseInterpolation('nothing')).toBe(null);
     });
 
+    it('should not parse malformed interpolations as strings', () => {
+      const ast = parseInterpolation('{{a}} {{example}<!--->}')!.ast as Interpolation;
+      expect(ast.strings).toEqual(['', ' {{example}<!--->}']);
+      expect(ast.expressions.length).toEqual(1);
+      expect(ast.expressions[0].name).toEqual('a');
+    });
+
     it('should parse no prefix/suffix interpolation', () => {
       const ast = parseInterpolation('{{a}}')!.ast as Interpolation;
       expect(ast.strings).toEqual(['', '']);