diff --git a/ext/spl/spl_fixedarray.c b/ext/spl/spl_fixedarray.c
index cf304e738a4da..bf9ec4e695fb4 100644
--- a/ext/spl/spl_fixedarray.c
+++ b/ext/spl/spl_fixedarray.c
@@ -611,8 +611,13 @@ PHP_METHOD(SplFixedArray, __serialize)
 	/* members */
 	if (intern->std.properties) {
 		ZEND_HASH_FOREACH_STR_KEY_VAL(intern->std.properties, key, current) {
-			zend_hash_add(Z_ARRVAL_P(return_value), key, current);
-			Z_TRY_ADDREF_P(current);
+			/* The properties hash table can also contain the array elements if the properties table was already rebuilt.
+			 * In this case we'd have a NULL key. We can't simply use the properties table in all cases because it's
+			 * potentially out of sync (missing elements, or containing removed elements) and might need a rebuild. */
+			if (key != NULL) {
+				zend_hash_add_new(Z_ARRVAL_P(return_value), key, current);
+				Z_TRY_ADDREF_P(current);
+			}
 		} ZEND_HASH_FOREACH_END();
 	}
 }
diff --git a/ext/spl/tests/gh10907.phpt b/ext/spl/tests/gh10907.phpt
new file mode 100644
index 0000000000000..034c5f1d5a33c
--- /dev/null
+++ b/ext/spl/tests/gh10907.phpt
@@ -0,0 +1,139 @@
+--TEST--
+GH-10907 (Unable to serialize processed SplFixedArrays in PHP 8.2.4)
+--FILE--
+<?php
+echo "Test without rebuilding properties\n";
+$array = new SplFixedArray(2);
+$array[0] = "test value 1";
+$array[1] = "test value 2";
+var_dump(serialize($array));
+var_dump(unserialize(serialize($array)));
+var_dump($array);
+
+echo "=================\n";
+
+echo "Test with rebuilding properties\n";
+$array = new SplFixedArray(2);
+$array[0] = "test value 1";
+$array[1] = "test value 2";
+var_dump($array); // Rebuilds properties
+var_dump(serialize($array));
+var_dump(unserialize(serialize($array)));
+var_dump($array);
+
+echo "=================\n";
+
+echo "Test with partially rebuilding properties\n";
+$array = new SplFixedArray(3);
+$array[0] = "test value 1";
+var_dump($array); // Rebuilds properties
+$array[1] = "test value 2";
+var_dump(serialize($array));
+var_dump(unserialize(serialize($array)));
+var_dump($array);
+
+echo "=================\n";
+
+echo "Test with adding members\n";
+#[AllowDynamicProperties]
+class MySplFixedArray extends SplFixedArray {
+    public string $my_string = "my_string_value";
+}
+$array = new MySplFixedArray(3);
+$array->my_dynamic_property = "my_dynamic_property_value";
+$array[0] = "test value 1";
+$array[1] = "test value 2";
+var_dump(serialize($array));
+var_dump(unserialize(serialize($array)));
+var_dump($array);
+?>
+--EXPECT--
+Test without rebuilding properties
+string(73) "O:13:"SplFixedArray":2:{i:0;s:12:"test value 1";i:1;s:12:"test value 2";}"
+object(SplFixedArray)#2 (2) {
+  [0]=>
+  string(12) "test value 1"
+  [1]=>
+  string(12) "test value 2"
+}
+object(SplFixedArray)#1 (2) {
+  [0]=>
+  string(12) "test value 1"
+  [1]=>
+  string(12) "test value 2"
+}
+=================
+Test with rebuilding properties
+object(SplFixedArray)#2 (2) {
+  [0]=>
+  string(12) "test value 1"
+  [1]=>
+  string(12) "test value 2"
+}
+string(73) "O:13:"SplFixedArray":2:{i:0;s:12:"test value 1";i:1;s:12:"test value 2";}"
+object(SplFixedArray)#1 (2) {
+  [0]=>
+  string(12) "test value 1"
+  [1]=>
+  string(12) "test value 2"
+}
+object(SplFixedArray)#2 (2) {
+  [0]=>
+  string(12) "test value 1"
+  [1]=>
+  string(12) "test value 2"
+}
+=================
+Test with partially rebuilding properties
+object(SplFixedArray)#1 (3) {
+  [0]=>
+  string(12) "test value 1"
+  [1]=>
+  NULL
+  [2]=>
+  NULL
+}
+string(79) "O:13:"SplFixedArray":3:{i:0;s:12:"test value 1";i:1;s:12:"test value 2";i:2;N;}"
+object(SplFixedArray)#2 (3) {
+  [0]=>
+  string(12) "test value 1"
+  [1]=>
+  string(12) "test value 2"
+  [2]=>
+  NULL
+}
+object(SplFixedArray)#1 (3) {
+  [0]=>
+  string(12) "test value 1"
+  [1]=>
+  string(12) "test value 2"
+  [2]=>
+  NULL
+}
+=================
+Test with adding members
+string(161) "O:15:"MySplFixedArray":5:{i:0;s:12:"test value 1";i:1;s:12:"test value 2";i:2;N;s:9:"my_string";i:0;s:19:"my_dynamic_property";s:25:"my_dynamic_property_value";}"
+object(MySplFixedArray)#1 (5) {
+  ["my_string"]=>
+  int(0)
+  ["my_dynamic_property"]=>
+  string(25) "my_dynamic_property_value"
+  [0]=>
+  string(12) "test value 1"
+  [1]=>
+  string(12) "test value 2"
+  [2]=>
+  NULL
+}
+object(MySplFixedArray)#2 (5) {
+  ["my_string"]=>
+  string(15) "my_string_value"
+  ["my_dynamic_property"]=>
+  string(25) "my_dynamic_property_value"
+  [0]=>
+  string(12) "test value 1"
+  [1]=>
+  string(12) "test value 2"
+  [2]=>
+  NULL
+}