diff --git a/packages/@headlessui-vue/CHANGELOG.md b/packages/@headlessui-vue/CHANGELOG.md
index c5d04a6..acd57d3 100644
--- a/packages/@headlessui-vue/CHANGELOG.md
+++ b/packages/@headlessui-vue/CHANGELOG.md
@@ -11,6 +11,7 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 
 - Fix memory leak in `Popover` component ([#2430](https://github.com/tailwindlabs/headlessui/pull/2430))
 - Ensure `FocusTrap` is only active when the given `enabled` value is `true` ([#2456](https://github.com/tailwindlabs/headlessui/pull/2456))
+- Ensure the exposed `activeIndex` is up to date for the `Combobox` component ([#2463](https://github.com/tailwindlabs/headlessui/pull/2463))
 
 ## [1.7.13] - 2023-04-12
 
diff --git a/packages/@headlessui-vue/src/components/combobox/combobox.test.ts b/packages/@headlessui-vue/src/components/combobox/combobox.test.ts
index 3c066fb..1306252 100644
--- a/packages/@headlessui-vue/src/components/combobox/combobox.test.ts
+++ b/packages/@headlessui-vue/src/components/combobox/combobox.test.ts
@@ -4670,6 +4670,75 @@ describe('Keyboard interactions', () => {
       )
     })
   })
+
+  it(
+    'should sync the active index properly',
+    suppressConsoleLogs(async () => {
+      renderTemplate({
+        template: html`
+          <Combobox v-model="value" v-slot="{ activeIndex }">
+            <ComboboxInput @input="filter" />
+            <ComboboxButton>Trigger</ComboboxButton>
+            <span data-test="idx">{{ activeIndex }}</span>
+            <ComboboxOptions>
+              <ComboboxOption v-for="option in options" :value="option" :key="option"
+                >{{ option }}</ComboboxOption
+              >
+            </ComboboxOptions>
+          </Combobox>
+        `,
+        setup: () => {
+          let value = ref(null)
+          let options = ref(['Option A', 'Option B', 'Option C', 'Option D'])
+
+          let query = ref('')
+          let filteredOptions = computed(() => {
+            return query.value === ''
+              ? options.value
+              : options.value.filter((option) => option.includes(query.value))
+          })
+
+          function filter(event: Event & { target: HTMLInputElement }) {
+            query.value = event.target.value
+          }
+
+          return { value, options: filteredOptions, filter }
+        },
+      })
+
+      // Open combobox
+      await click(getComboboxButton())
+
+      let activeIndexEl = document.querySelector('[data-test="idx"]')
+      function activeIndex() {
+        return Number(activeIndexEl?.innerHTML)
+      }
+
+      expect(activeIndex()).toEqual(0)
+
+      let options: ReturnType<typeof getComboboxOptions>
+
+      await focus(getComboboxInput())
+      await type(word('Option B'))
+
+      // Option B should be active
+      options = getComboboxOptions()
+      expect(options[0]).toHaveTextContent('Option B')
+      assertActiveComboboxOption(options[0])
+
+      expect(activeIndex()).toEqual(0)
+
+      // Reveal all options again
+      await type(word('Option'))
+
+      // Option B should still be active
+      options = getComboboxOptions()
+      expect(options[1]).toHaveTextContent('Option B')
+      assertActiveComboboxOption(options[1])
+
+      expect(activeIndex()).toEqual(1)
+    })
+  )
 })
 
 describe('Mouse interactions', () => {
diff --git a/packages/@headlessui-vue/src/components/combobox/combobox.ts b/packages/@headlessui-vue/src/components/combobox/combobox.ts
index c0f26aa..7cf476e 100644
--- a/packages/@headlessui-vue/src/components/combobox/combobox.ts
+++ b/packages/@headlessui-vue/src/components/combobox/combobox.ts
@@ -232,7 +232,7 @@ export let Combobox = defineComponent({
         ) {
           let localActiveOptionIndex = options.value.findIndex((option) => !option.dataRef.disabled)
           if (localActiveOptionIndex !== -1) {
-            return localActiveOptionIndex
+            activeOptionIndex.value = localActiveOptionIndex
           }
         }
 
@@ -391,6 +391,15 @@ export let Combobox = defineComponent({
         options.value = adjustedState.options
         activeOptionIndex.value = adjustedState.activeOptionIndex
         activationTrigger.value = ActivationTrigger.Other
+
+        // If some of the DOM elements aren't ready yet, then we can retry in the next tick.
+        if (adjustedState.options.some((option) => !dom(option.dataRef.domRef))) {
+          requestAnimationFrame(() => {
+            let adjustedState = adjustOrderedState()
+            options.value = adjustedState.options
+            activeOptionIndex.value = adjustedState.activeOptionIndex
+          })
+        }
       },
       unregisterOption(id: string) {
         // When we are unregistering the currently active option, then we also have to make sure to