diff --git a/src/parseTools.mjs b/src/parseTools.mjs
index 786c028d5a902..2b6c3865ee666 100644
--- a/src/parseTools.mjs
+++ b/src/parseTools.mjs
@@ -331,14 +331,39 @@ function splitI64(value) {
 export function indentify(text, indent) {
   // Don't try to indentify huge strings - we may run out of memory
   if (text.length > 1024 * 1024) return text;
-  if (typeof indent == 'number') {
-    const len = indent;
-    indent = '';
-    for (let i = 0; i < len; i++) {
-      indent += ' ';
+
+  indent = ' '.repeat(indent);
+
+  // Perform indentation in a smart fashion that does not leak indentation
+  // inside multiline strings enclosed in `` characters.
+  let out = '';
+  for (let i = 0; i < text.length; ++i) {
+    // Output a C++ comment as-is, don't get confused by ` inside a C++ comment.
+    if (text[i] == '/' && text[i + 1] == '/') {
+      for (; i < text.length && text[i] != '\n'; ++i) {
+        out += text[i];
+      }
+    }
+
+    if (text[i] == '/' && text[i + 1] == '*') {
+      // Skip /* so that /*/ won't be mistaken as start& end of a /* */ comment.
+      out += text[i++];
+      out += text[i++];
+      for (; i < text.length && !(text[i - 1] == '*' && text[i] == '/'); ++i) {
+        out += text[i];
+      }
+    }
+
+    if (text[i] == '`') {
+      out += text[i++]; // Emit `
+      for (; i < text.length && text[i] != '`'; ++i) {
+        out += text[i];
+      }
     }
+    out += text[i];
+    if (text[i] == '\n') out += indent;
   }
-  return text.replace(/\n/g, `\n${indent}`);
+  return out;
 }
 
 // Correction tools
diff --git a/test/codesize/test_codesize_file_preload.expected.js b/test/codesize/test_codesize_file_preload.expected.js
index 6f271cf72afc0..0b5c62f89b9ef 100644
--- a/test/codesize/test_codesize_file_preload.expected.js
+++ b/test/codesize/test_codesize_file_preload.expected.js
@@ -681,15 +681,15 @@ var findStringEnd = (heapOrArray, idx, maxBytesToRead, ignoreNul) => {
 };
 
 /**
-     * Given a pointer 'idx' to a null-terminated UTF8-encoded string in the given
-     * array that contains uint8 values, returns a copy of that string as a
-     * Javascript String object.
-     * heapOrArray is either a regular array, or a JavaScript typed array view.
-     * @param {number=} idx
-     * @param {number=} maxBytesToRead
-     * @param {boolean=} ignoreNul - If true, the function will not stop on a NUL character.
-     * @return {string}
-     */ var UTF8ArrayToString = (heapOrArray, idx = 0, maxBytesToRead, ignoreNul) => {
+   * Given a pointer 'idx' to a null-terminated UTF8-encoded string in the given
+   * array that contains uint8 values, returns a copy of that string as a
+   * Javascript String object.
+   * heapOrArray is either a regular array, or a JavaScript typed array view.
+   * @param {number=} idx
+   * @param {number=} maxBytesToRead
+   * @param {boolean=} ignoreNul - If true, the function will not stop on a NUL character.
+   * @return {string}
+   */ var UTF8ArrayToString = (heapOrArray, idx = 0, maxBytesToRead, ignoreNul) => {
   var endPtr = findStringEnd(heapOrArray, idx, maxBytesToRead, ignoreNul);
   // When using conditional TextDecoder, skip it for short strings as the overhead of the native call is not worth it.
   if (endPtr - idx > 16 && heapOrArray.buffer && UTF8Decoder) {
@@ -2980,18 +2980,18 @@ var FS = {
 };
 
 /**
-     * Given a pointer 'ptr' to a null-terminated UTF8-encoded string in the
-     * emscripten HEAP, returns a copy of that string as a Javascript String object.
-     *
-     * @param {number} ptr
-     * @param {number=} maxBytesToRead - An optional length that specifies the
-     *   maximum number of bytes to read. You can omit this parameter to scan the
-     *   string until the first 0 byte. If maxBytesToRead is passed, and the string
-     *   at [ptr, ptr+maxBytesToReadr[ contains a null byte in the middle, then the
-     *   string will cut short at that byte index.
-     * @param {boolean=} ignoreNul - If true, the function will not stop on a NUL character.
-     * @return {string}
-     */ var UTF8ToString = (ptr, maxBytesToRead, ignoreNul) => ptr ? UTF8ArrayToString(HEAPU8, ptr, maxBytesToRead, ignoreNul) : "";
+   * Given a pointer 'ptr' to a null-terminated UTF8-encoded string in the
+   * emscripten HEAP, returns a copy of that string as a Javascript String object.
+   *
+   * @param {number} ptr
+   * @param {number=} maxBytesToRead - An optional length that specifies the
+   *   maximum number of bytes to read. You can omit this parameter to scan the
+   *   string until the first 0 byte. If maxBytesToRead is passed, and the string
+   *   at [ptr, ptr+maxBytesToReadr[ contains a null byte in the middle, then the
+   *   string will cut short at that byte index.
+   * @param {boolean=} ignoreNul - If true, the function will not stop on a NUL character.
+   * @return {string}
+   */ var UTF8ToString = (ptr, maxBytesToRead, ignoreNul) => ptr ? UTF8ArrayToString(HEAPU8, ptr, maxBytesToRead, ignoreNul) : "";
 
 var SYSCALLS = {
   calculateAt(dirfd, path, allowEmpty) {
diff --git a/test/codesize/test_codesize_minimal_O0.expected.js b/test/codesize/test_codesize_minimal_O0.expected.js
index 7f5e25905054a..23e18a65970cc 100644
--- a/test/codesize/test_codesize_minimal_O0.expected.js
+++ b/test/codesize/test_codesize_minimal_O0.expected.js
@@ -797,9 +797,9 @@ async function createWasm() {
 
   
     /**
-     * @param {number} ptr
-     * @param {string} type
-     */
+   * @param {number} ptr
+   * @param {string} type
+   */
   function getValue(ptr, type = 'i8') {
     if (type.endsWith('*')) type = '*';
     switch (type) {
@@ -825,10 +825,10 @@ async function createWasm() {
 
   
     /**
-     * @param {number} ptr
-     * @param {number} value
-     * @param {string} type
-     */
+   * @param {number} ptr
+   * @param {number} value
+   * @param {string} type
+   */
   function setValue(ptr, value, type = 'i8') {
     if (type.endsWith('*')) type = '*';
     switch (type) {
diff --git a/test/codesize/test_unoptimized_code_size.json b/test/codesize/test_unoptimized_code_size.json
index b1c6db56dd000..e6509de000c32 100644
--- a/test/codesize/test_unoptimized_code_size.json
+++ b/test/codesize/test_unoptimized_code_size.json
@@ -1,16 +1,16 @@
 {
-  "hello_world.js": 56957,
-  "hello_world.js.gz": 17711,
+  "hello_world.js": 56901,
+  "hello_world.js.gz": 17707,
   "hello_world.wasm": 15138,
   "hello_world.wasm.gz": 7455,
-  "no_asserts.js": 26627,
-  "no_asserts.js.gz": 8882,
+  "no_asserts.js": 26571,
+  "no_asserts.js.gz": 8878,
   "no_asserts.wasm": 12187,
   "no_asserts.wasm.gz": 5984,
-  "strict.js": 54932,
-  "strict.js.gz": 17044,
+  "strict.js": 54876,
+  "strict.js.gz": 17043,
   "strict.wasm": 15138,
   "strict.wasm.gz": 7450,
-  "total": 180979,
-  "total_gz": 64526
+  "total": 180811,
+  "total_gz": 64517
 }
diff --git a/test/jslib/test_multiline_string.c b/test/jslib/test_multiline_string.c
new file mode 100644
index 0000000000000..d997d69956828
--- /dev/null
+++ b/test/jslib/test_multiline_string.c
@@ -0,0 +1,10 @@
+#include <stdio.h>
+#include <stdlib.h>
+
+char *test_multiline_string(void);
+
+int main() {
+  char *str = test_multiline_string();
+  printf("%s\n", str);
+  free(str);
+}
diff --git a/test/jslib/test_multiline_string.js b/test/jslib/test_multiline_string.js
new file mode 100644
index 0000000000000..d101a6f9b65c8
--- /dev/null
+++ b/test/jslib/test_multiline_string.js
@@ -0,0 +1,15 @@
+mergeInto(LibraryManager.library, {
+  test_multiline_string__deps: ['$stringToNewUTF8'],
+  test_multiline_string__sig: 'p',
+  test_multiline_string: function() {
+    // do not get confused by ` inside a comment.
+    var a = `abc
+def
+ghi`;
+    /* or a ` inside a C comment. */
+    var b = `abc
+def
+ghi`;
+    return stringToNewUTF8(a + b);
+  }
+});
diff --git a/test/jslib/test_multiline_string.out b/test/jslib/test_multiline_string.out
new file mode 100644
index 0000000000000..bc7e0a2c6ed6a
--- /dev/null
+++ b/test/jslib/test_multiline_string.out
@@ -0,0 +1,5 @@
+abc
+def
+ghiabc
+def
+ghi
diff --git a/test/test_jslib.py b/test/test_jslib.py
index a736b5082934c..1624e6e530a30 100644
--- a/test/test_jslib.py
+++ b/test/test_jslib.py
@@ -748,3 +748,12 @@ class ParentClass {}
       }
     ''')
     self.do_runf('src.c', 'MyClass: 42', cflags=['--js-library', 'lib.js'])
+
+  # Tests that JS library functions containing multiline strings are not disturbed by e.g. inserting indentation into the output.
+  @parameterized({
+    '': ([],),
+    'single_file': (['-sSINGLE_FILE'],),
+    'closure': (['--closure', '1'],),
+  })
+  def test_multiline_string(self, args):
+    self.do_run_in_out_file_test('jslib/test_multiline_string.c', cflags=['--js-library', test_file('jslib/test_multiline_string.js')] + args)