diff --git a/Lib/sre_parse.py b/Lib/sre_parse.py
index f6a88517dfc..4ff50d1006a 100644
--- a/Lib/sre_parse.py
+++ b/Lib/sre_parse.py
@@ -833,14 +833,14 @@ def parse(str, flags=0, pattern=None):
         assert source.next == ")"
         raise source.error("unbalanced parenthesis")
 
-    if flags & SRE_FLAG_DEBUG:
-        p.dump()
-
     if not (flags & SRE_FLAG_VERBOSE) and p.pattern.flags & SRE_FLAG_VERBOSE:
         # the VERBOSE flag was switched on inside the pattern.  to be
         # on the safe side, we'll parse the whole thing again...
         return parse(str, p.pattern.flags)
 
+    if flags & SRE_FLAG_DEBUG:
+        p.dump()
+
     return p
 
 def parse_template(source, pattern):
diff --git a/Misc/NEWS b/Misc/NEWS
index 4ce8bf6d032..8cae4f40b02 100644
--- a/Misc/NEWS
+++ b/Misc/NEWS
@@ -201,6 +201,9 @@ Core and Builtins
 Library
 -------
 
+- Issue #26475: Fixed debugging output for regular expressions with the (?x)
+  flag.
+
 - Issue #26482: Allowed pickling recursive dequeues.
 
 - Issue #26335: Make mmap.write() return the number of bytes written like