diff --git a/spring-webflux/src/main/java/org/springframework/web/reactive/function/server/support/RouterFunctionMapping.java b/spring-webflux/src/main/java/org/springframework/web/reactive/function/server/support/RouterFunctionMapping.java
index c2a14390de8..ae214f41b34 100644
--- a/spring-webflux/src/main/java/org/springframework/web/reactive/function/server/support/RouterFunctionMapping.java
+++ b/spring-webflux/src/main/java/org/springframework/web/reactive/function/server/support/RouterFunctionMapping.java
@@ -28,6 +28,7 @@ import org.springframework.http.codec.HttpMessageReader;
 import org.springframework.http.codec.ServerCodecConfigurer;
 import org.springframework.lang.Nullable;
 import org.springframework.util.CollectionUtils;
+import org.springframework.web.filter.reactive.ServerHttpObservationFilter;
 import org.springframework.web.reactive.function.server.HandlerFunction;
 import org.springframework.web.reactive.function.server.RouterFunction;
 import org.springframework.web.reactive.function.server.RouterFunctions;
@@ -170,6 +171,8 @@ public class RouterFunctionMapping extends AbstractHandlerMapping implements Ini
 		PathPattern matchingPattern = (PathPattern) attributes.get(RouterFunctions.MATCHING_PATTERN_ATTRIBUTE);
 		if (matchingPattern != null) {
 			attributes.put(BEST_MATCHING_PATTERN_ATTRIBUTE, matchingPattern);
+			ServerHttpObservationFilter.findObservationContext(serverRequest.exchange())
+					.ifPresent(context -> context.setPathPattern(matchingPattern));
 		}
 		Map<String, String> uriVariables =
 				(Map<String, String>) attributes.get(RouterFunctions.URI_TEMPLATE_VARIABLES_ATTRIBUTE);
diff --git a/spring-webflux/src/main/java/org/springframework/web/reactive/handler/AbstractUrlHandlerMapping.java b/spring-webflux/src/main/java/org/springframework/web/reactive/handler/AbstractUrlHandlerMapping.java
index bf39a051163..39fd49080fa 100644
--- a/spring-webflux/src/main/java/org/springframework/web/reactive/handler/AbstractUrlHandlerMapping.java
+++ b/spring-webflux/src/main/java/org/springframework/web/reactive/handler/AbstractUrlHandlerMapping.java
@@ -30,6 +30,7 @@ import org.springframework.http.server.PathContainer;
 import org.springframework.lang.Nullable;
 import org.springframework.util.Assert;
 import org.springframework.util.StringUtils;
+import org.springframework.web.filter.reactive.ServerHttpObservationFilter;
 import org.springframework.web.server.ServerWebExchange;
 import org.springframework.web.util.pattern.PathPattern;
 
@@ -165,6 +166,8 @@ public abstract class AbstractUrlHandlerMapping extends AbstractHandlerMapping {
 
 		exchange.getAttributes().put(BEST_MATCHING_HANDLER_ATTRIBUTE, handler);
 		exchange.getAttributes().put(BEST_MATCHING_PATTERN_ATTRIBUTE, pattern);
+		ServerHttpObservationFilter.findObservationContext(exchange)
+				.ifPresent(context -> context.setPathPattern(pattern));
 		exchange.getAttributes().put(PATH_WITHIN_HANDLER_MAPPING_ATTRIBUTE, pathWithinMapping);
 		exchange.getAttributes().put(URI_TEMPLATE_VARIABLES_ATTRIBUTE, matchInfo.getUriVariables());
 
diff --git a/spring-webflux/src/main/java/org/springframework/web/reactive/result/method/RequestMappingInfoHandlerMapping.java b/spring-webflux/src/main/java/org/springframework/web/reactive/result/method/RequestMappingInfoHandlerMapping.java
index 1a1ee0073aa..d16ee75ca9e 100644
--- a/spring-webflux/src/main/java/org/springframework/web/reactive/result/method/RequestMappingInfoHandlerMapping.java
+++ b/spring-webflux/src/main/java/org/springframework/web/reactive/result/method/RequestMappingInfoHandlerMapping.java
@@ -38,6 +38,7 @@ import org.springframework.http.server.reactive.ServerHttpRequest;
 import org.springframework.util.Assert;
 import org.springframework.util.MultiValueMap;
 import org.springframework.web.bind.annotation.RequestMethod;
+import org.springframework.web.filter.reactive.ServerHttpObservationFilter;
 import org.springframework.web.method.HandlerMethod;
 import org.springframework.web.reactive.HandlerMapping;
 import org.springframework.web.reactive.result.condition.NameValueExpression;
@@ -139,6 +140,8 @@ public abstract class RequestMappingInfoHandlerMapping extends AbstractHandlerMe
 
 		exchange.getAttributes().put(BEST_MATCHING_HANDLER_ATTRIBUTE, handlerMethod);
 		exchange.getAttributes().put(BEST_MATCHING_PATTERN_ATTRIBUTE, bestPattern);
+		ServerHttpObservationFilter.findObservationContext(exchange)
+				.ifPresent(context -> context.setPathPattern(bestPattern));
 		exchange.getAttributes().put(URI_TEMPLATE_VARIABLES_ATTRIBUTE, uriVariables);
 		exchange.getAttributes().put(MATRIX_VARIABLES_ATTRIBUTE, matrixVariables);
 
diff --git a/spring-webflux/src/test/java/org/springframework/web/reactive/function/server/support/RouterFunctionMappingTests.java b/spring-webflux/src/test/java/org/springframework/web/reactive/function/server/support/RouterFunctionMappingTests.java
index 7056922b9c1..344c57da3c1 100644
--- a/spring-webflux/src/test/java/org/springframework/web/reactive/function/server/support/RouterFunctionMappingTests.java
+++ b/spring-webflux/src/test/java/org/springframework/web/reactive/function/server/support/RouterFunctionMappingTests.java
@@ -22,6 +22,8 @@ import reactor.test.StepVerifier;
 
 import org.springframework.context.annotation.AnnotationConfigApplicationContext;
 import org.springframework.http.codec.ServerCodecConfigurer;
+import org.springframework.http.observation.reactive.ServerRequestObservationContext;
+import org.springframework.web.filter.reactive.ServerHttpObservationFilter;
 import org.springframework.web.reactive.HandlerMapping;
 import org.springframework.web.reactive.function.server.HandlerFunction;
 import org.springframework.web.reactive.function.server.RouterFunction;
@@ -34,8 +36,10 @@ import org.springframework.web.testfixture.server.MockServerWebExchange;
 import org.springframework.web.util.pattern.PathPattern;
 
 import static org.assertj.core.api.Assertions.assertThat;
+import static org.springframework.web.filter.reactive.ServerHttpObservationFilter.CURRENT_OBSERVATION_CONTEXT_ATTRIBUTE;
 
 /**
+ * Tests for {@link RouterFunctionMapping}.
  * @author Arjen Poutsma
  * @author Brian Clozel
  */
@@ -132,6 +136,8 @@ class RouterFunctionMappingTests {
 		PathPattern matchingPattern = exchange.getAttribute(HandlerMapping.BEST_MATCHING_PATTERN_ATTRIBUTE);
 		assertThat(matchingPattern).isNotNull();
 		assertThat(matchingPattern.getPatternString()).isEqualTo("/match");
+		assertThat(ServerHttpObservationFilter.findObservationContext(exchange))
+				.hasValueSatisfying(context -> assertThat(context.getPathPattern()).isEqualTo(matchingPattern));
 
 		ServerRequest serverRequest = exchange.getAttribute(RouterFunctions.REQUEST_ATTRIBUTE);
 		assertThat(serverRequest).isNotNull();
@@ -141,7 +147,10 @@ class RouterFunctionMappingTests {
 	}
 
 	private ServerWebExchange createExchange(String urlTemplate) {
-		return MockServerWebExchange.from(MockServerHttpRequest.get(urlTemplate));
+		MockServerWebExchange exchange = MockServerWebExchange.from(MockServerHttpRequest.get(urlTemplate));
+		ServerRequestObservationContext observationContext = new ServerRequestObservationContext(exchange);
+		exchange.getAttributes().put(CURRENT_OBSERVATION_CONTEXT_ATTRIBUTE, observationContext);
+		return exchange;
 	}
 
 }
diff --git a/spring-webflux/src/test/java/org/springframework/web/reactive/result/method/RequestMappingInfoHandlerMappingTests.java b/spring-webflux/src/test/java/org/springframework/web/reactive/result/method/RequestMappingInfoHandlerMappingTests.java
index 1862a4dd163..acf0cf9ce98 100644
--- a/spring-webflux/src/test/java/org/springframework/web/reactive/result/method/RequestMappingInfoHandlerMappingTests.java
+++ b/spring-webflux/src/test/java/org/springframework/web/reactive/result/method/RequestMappingInfoHandlerMappingTests.java
@@ -36,6 +36,7 @@ import org.springframework.core.annotation.AnnotationUtils;
 import org.springframework.http.HttpHeaders;
 import org.springframework.http.HttpMethod;
 import org.springframework.http.MediaType;
+import org.springframework.http.observation.reactive.ServerRequestObservationContext;
 import org.springframework.lang.Nullable;
 import org.springframework.stereotype.Controller;
 import org.springframework.util.ClassUtils;
@@ -63,6 +64,7 @@ import static org.assertj.core.api.Assertions.assertThat;
 import static org.springframework.web.bind.annotation.RequestMethod.GET;
 import static org.springframework.web.bind.annotation.RequestMethod.HEAD;
 import static org.springframework.web.bind.annotation.RequestMethod.OPTIONS;
+import static org.springframework.web.filter.reactive.ServerHttpObservationFilter.CURRENT_OBSERVATION_CONTEXT_ATTRIBUTE;
 import static org.springframework.web.reactive.HandlerMapping.BEST_MATCHING_HANDLER_ATTRIBUTE;
 import static org.springframework.web.reactive.HandlerMapping.BEST_MATCHING_PATTERN_ATTRIBUTE;
 import static org.springframework.web.reactive.result.method.RequestMappingInfo.paths;
@@ -257,6 +259,18 @@ public class RequestMappingInfoHandlerMappingTests {
 		assertThat(mapped).isSameAs(handlerMethod);
 	}
 
+	@Test
+	public void handleMatchBestMatchingPatternAttributeInObservationContext() {
+		RequestMappingInfo key = paths("/{path1}/2", "/**").build();
+		ServerWebExchange exchange = MockServerWebExchange.from(get("/1/2"));
+		ServerRequestObservationContext observationContext = new ServerRequestObservationContext(exchange);
+		exchange.getAttributes().put(CURRENT_OBSERVATION_CONTEXT_ATTRIBUTE, observationContext);
+		this.handlerMapping.handleMatch(key, handlerMethod, exchange);
+
+		assertThat(observationContext.getPathPattern()).isNotNull();
+		assertThat(observationContext.getPathPattern().toString()).isEqualTo("/{path1}/2");
+	}
+
 	@Test // gh-22543
 	public void handleMatchBestMatchingPatternAttributeNoPatternsDefined() {
 		ServerWebExchange exchange = MockServerWebExchange.from(get(""));