diff --git a/homeassistant/components/manual/alarm_control_panel.py b/homeassistant/components/manual/alarm_control_panel.py
index 14e388ef63b..b73638fe720 100644
--- a/homeassistant/components/manual/alarm_control_panel.py
+++ b/homeassistant/components/manual/alarm_control_panel.py
@@ -358,7 +358,10 @@ class ManualAlarm(alarm.AlarmControlPanelEntity, RestoreEntity):
         self._state = state
         self._state_ts = dt_util.utcnow()
         self.async_schedule_update_ha_state()
+        self._async_set_state_update_events()
 
+    def _async_set_state_update_events(self) -> None:
+        state = self._state
         if state == STATE_ALARM_TRIGGERED:
             pending_time = self._pending_time(state)
             async_track_point_in_time(
@@ -403,6 +406,10 @@ class ManualAlarm(alarm.AlarmControlPanelEntity, RestoreEntity):
                 ATTR_PREVIOUS_STATE: self._previous_state,
                 ATTR_NEXT_STATE: self._state,
             }
+        if self.state == STATE_ALARM_TRIGGERED:
+            return {
+                ATTR_PREVIOUS_STATE: self._previous_state,
+            }
         return {}
 
     @callback
@@ -414,14 +421,14 @@ class ManualAlarm(alarm.AlarmControlPanelEntity, RestoreEntity):
         """Run when entity about to be added to hass."""
         await super().async_added_to_hass()
         if state := await self.async_get_last_state():
-            if (
-                state.state in (STATE_ALARM_PENDING, STATE_ALARM_ARMING)
-                and hasattr(state, "attributes")
-                and state.attributes[ATTR_PREVIOUS_STATE]
-            ):
-                # If in arming or pending state, we return to the ATTR_PREVIOUS_STATE
-                self._state = state.attributes[ATTR_PREVIOUS_STATE]
-                self._state_ts = dt_util.utcnow()
+            self._state_ts = state.last_updated
+            if hasattr(state, "attributes") and ATTR_NEXT_STATE in state.attributes:
+                # If in arming or pending state we record the transition,
+                # not the current state
+                self._state = state.attributes[ATTR_NEXT_STATE]
             else:
                 self._state = state.state
-                self._state_ts = state.last_updated
+
+            if hasattr(state, "attributes") and ATTR_PREVIOUS_STATE in state.attributes:
+                self._previous_state = state.attributes[ATTR_PREVIOUS_STATE]
+                self._async_set_state_update_events()
diff --git a/tests/components/manual/test_alarm_control_panel.py b/tests/components/manual/test_alarm_control_panel.py
index 56c025ad4e3..46b11fec774 100644
--- a/tests/components/manual/test_alarm_control_panel.py
+++ b/tests/components/manual/test_alarm_control_panel.py
@@ -354,7 +354,9 @@ async def test_trigger_no_pending(hass):
         async_fire_time_changed(hass, future)
         await hass.async_block_till_done()
 
-    assert hass.states.get(entity_id).state == STATE_ALARM_TRIGGERED
+    state = hass.states.get(entity_id)
+    assert state.attributes["previous_state"] == STATE_ALARM_DISARMED
+    assert state.state == STATE_ALARM_TRIGGERED
 
 
 async def test_trigger_with_delay(hass):
@@ -398,6 +400,7 @@ async def test_trigger_with_delay(hass):
         await hass.async_block_till_done()
 
     state = hass.states.get(entity_id)
+    assert state.attributes["previous_state"] == STATE_ALARM_ARMED_AWAY
     assert state.state == STATE_ALARM_TRIGGERED
 
 
@@ -490,6 +493,7 @@ async def test_trigger_with_pending(hass):
         await hass.async_block_till_done()
 
     state = hass.states.get(entity_id)
+    assert state.attributes["previous_state"] == STATE_ALARM_DISARMED
     assert state.state == STATE_ALARM_TRIGGERED
 
     future = dt_util.utcnow() + timedelta(seconds=5)
@@ -546,6 +550,7 @@ async def test_trigger_with_unused_specific_delay(hass):
         await hass.async_block_till_done()
 
     state = hass.states.get(entity_id)
+    assert state.attributes["previous_state"] == STATE_ALARM_ARMED_AWAY
     assert state.state == STATE_ALARM_TRIGGERED
 
 
@@ -591,6 +596,7 @@ async def test_trigger_with_specific_delay(hass):
         await hass.async_block_till_done()
 
     state = hass.states.get(entity_id)
+    assert state.attributes["previous_state"] == STATE_ALARM_ARMED_AWAY
     assert state.state == STATE_ALARM_TRIGGERED
 
 
@@ -647,6 +653,7 @@ async def test_trigger_with_pending_and_delay(hass):
         await hass.async_block_till_done()
 
     state = hass.states.get(entity_id)
+    assert state.attributes["previous_state"] == STATE_ALARM_ARMED_AWAY
     assert state.state == STATE_ALARM_TRIGGERED
 
 
@@ -704,6 +711,7 @@ async def test_trigger_with_pending_and_specific_delay(hass):
         await hass.async_block_till_done()
 
     state = hass.states.get(entity_id)
+    assert state.attributes["previous_state"] == STATE_ALARM_ARMED_AWAY
     assert state.state == STATE_ALARM_TRIGGERED
 
 
@@ -739,7 +747,9 @@ async def test_trigger_with_specific_pending(hass):
         async_fire_time_changed(hass, future)
         await hass.async_block_till_done()
 
-    assert hass.states.get(entity_id).state == STATE_ALARM_TRIGGERED
+    state = hass.states.get(entity_id)
+    assert state.attributes["previous_state"] == STATE_ALARM_DISARMED
+    assert state.state == STATE_ALARM_TRIGGERED
 
     future = dt_util.utcnow() + timedelta(seconds=5)
     with patch(
@@ -775,7 +785,9 @@ async def test_trigger_with_disarm_after_trigger(hass):
 
     await common.async_alarm_trigger(hass, entity_id=entity_id)
 
-    assert hass.states.get(entity_id).state == STATE_ALARM_TRIGGERED
+    state = hass.states.get(entity_id)
+    assert state.attributes["previous_state"] == STATE_ALARM_DISARMED
+    assert state.state == STATE_ALARM_TRIGGERED
 
     future = dt_util.utcnow() + timedelta(seconds=5)
     with patch(
@@ -839,7 +851,9 @@ async def test_trigger_with_unused_zero_specific_trigger_time(hass):
 
     await common.async_alarm_trigger(hass, entity_id=entity_id)
 
-    assert hass.states.get(entity_id).state == STATE_ALARM_TRIGGERED
+    state = hass.states.get(entity_id)
+    assert state.attributes["previous_state"] == STATE_ALARM_DISARMED
+    assert state.state == STATE_ALARM_TRIGGERED
 
     future = dt_util.utcnow() + timedelta(seconds=5)
     with patch(
@@ -875,7 +889,9 @@ async def test_trigger_with_specific_trigger_time(hass):
 
     await common.async_alarm_trigger(hass, entity_id=entity_id)
 
-    assert hass.states.get(entity_id).state == STATE_ALARM_TRIGGERED
+    state = hass.states.get(entity_id)
+    assert state.attributes["previous_state"] == STATE_ALARM_DISARMED
+    assert state.state == STATE_ALARM_TRIGGERED
 
     future = dt_util.utcnow() + timedelta(seconds=5)
     with patch(
@@ -916,7 +932,9 @@ async def test_trigger_with_no_disarm_after_trigger(hass):
 
     await common.async_alarm_trigger(hass, entity_id=entity_id)
 
-    assert hass.states.get(entity_id).state == STATE_ALARM_TRIGGERED
+    state = hass.states.get(entity_id)
+    assert state.attributes["previous_state"] == STATE_ALARM_ARMED_AWAY
+    assert state.state == STATE_ALARM_TRIGGERED
 
     future = dt_util.utcnow() + timedelta(seconds=5)
     with patch(
@@ -957,7 +975,9 @@ async def test_back_to_back_trigger_with_no_disarm_after_trigger(hass):
 
     await common.async_alarm_trigger(hass, entity_id=entity_id)
 
-    assert hass.states.get(entity_id).state == STATE_ALARM_TRIGGERED
+    state = hass.states.get(entity_id)
+    assert state.attributes["previous_state"] == STATE_ALARM_ARMED_AWAY
+    assert state.state == STATE_ALARM_TRIGGERED
 
     future = dt_util.utcnow() + timedelta(seconds=5)
     with patch(
@@ -971,7 +991,9 @@ async def test_back_to_back_trigger_with_no_disarm_after_trigger(hass):
 
     await common.async_alarm_trigger(hass, entity_id=entity_id)
 
-    assert hass.states.get(entity_id).state == STATE_ALARM_TRIGGERED
+    state = hass.states.get(entity_id)
+    assert state.attributes["previous_state"] == STATE_ALARM_ARMED_AWAY
+    assert state.state == STATE_ALARM_TRIGGERED
 
     future = dt_util.utcnow() + timedelta(seconds=5)
     with patch(
@@ -1060,7 +1082,9 @@ async def test_disarm_during_trigger_with_invalid_code(hass):
         async_fire_time_changed(hass, future)
         await hass.async_block_till_done()
 
-    assert hass.states.get(entity_id).state == STATE_ALARM_TRIGGERED
+    state = hass.states.get(entity_id)
+    assert state.attributes["previous_state"] == STATE_ALARM_DISARMED
+    assert state.state == STATE_ALARM_TRIGGERED
 
 
 async def test_disarm_with_template_code(hass):
@@ -1159,6 +1183,7 @@ async def test_arm_away_after_disabled_disarmed(hass):
         await hass.async_block_till_done()
 
     state = hass.states.get(entity_id)
+    assert state.attributes["previous_state"] == STATE_ALARM_ARMED_AWAY
     assert state.state == STATE_ALARM_TRIGGERED
 
 
@@ -1198,3 +1223,216 @@ async def test_restore_state(hass, expected_state):
     state = hass.states.get("alarm_control_panel.test")
     assert state
     assert state.state == expected_state
+
+
+@pytest.mark.parametrize(
+    "expected_state",
+    [
+        (STATE_ALARM_ARMED_AWAY),
+        (STATE_ALARM_ARMED_CUSTOM_BYPASS),
+        (STATE_ALARM_ARMED_HOME),
+        (STATE_ALARM_ARMED_NIGHT),
+        (STATE_ALARM_ARMED_VACATION),
+    ],
+)
+async def test_restore_state_arming(hass, expected_state):
+    """Ensure ARMING state is restored on startup."""
+    time = dt_util.utcnow() - timedelta(seconds=15)
+    entity_id = "alarm_control_panel.test"
+    attributes = {
+        "previous_state": STATE_ALARM_DISARMED,
+        "next_state": expected_state,
+    }
+    mock_restore_cache(
+        hass, (State(entity_id, expected_state, attributes, last_updated=time),)
+    )
+
+    hass.state = CoreState.starting
+    mock_component(hass, "recorder")
+
+    assert await async_setup_component(
+        hass,
+        alarm_control_panel.DOMAIN,
+        {
+            "alarm_control_panel": {
+                "platform": "manual",
+                "name": "test",
+                "arming_time": 60,
+                "trigger_time": 0,
+                "disarm_after_trigger": False,
+            }
+        },
+    )
+    await hass.async_block_till_done()
+
+    state = hass.states.get(entity_id)
+    assert state
+    assert state.attributes["previous_state"] == STATE_ALARM_DISARMED
+    assert state.attributes["next_state"] == expected_state
+    assert state.state == STATE_ALARM_ARMING
+
+    future = time + timedelta(seconds=61)
+    with freeze_time(future):
+        async_fire_time_changed(hass, future)
+        await hass.async_block_till_done()
+
+    state = hass.states.get(entity_id)
+    assert state.state == expected_state
+
+
+@pytest.mark.parametrize(
+    "previous_state",
+    [
+        (STATE_ALARM_ARMED_AWAY),
+        (STATE_ALARM_ARMED_CUSTOM_BYPASS),
+        (STATE_ALARM_ARMED_HOME),
+        (STATE_ALARM_ARMED_NIGHT),
+        (STATE_ALARM_ARMED_VACATION),
+        (STATE_ALARM_DISARMED),
+    ],
+)
+async def test_restore_state_pending(hass, previous_state):
+    """Ensure PENDING state is restored on startup."""
+    time = dt_util.utcnow() - timedelta(seconds=15)
+    entity_id = "alarm_control_panel.test"
+    attributes = {
+        "previous_state": previous_state,
+        "next_state": STATE_ALARM_TRIGGERED,
+    }
+    mock_restore_cache(
+        hass,
+        (State(entity_id, STATE_ALARM_TRIGGERED, attributes, last_updated=time),),
+    )
+
+    hass.state = CoreState.starting
+    mock_component(hass, "recorder")
+
+    assert await async_setup_component(
+        hass,
+        alarm_control_panel.DOMAIN,
+        {
+            "alarm_control_panel": {
+                "platform": "manual",
+                "name": "test",
+                "arming_time": 0,
+                "delay_time": 60,
+                "trigger_time": 60,
+                "disarm_after_trigger": False,
+            }
+        },
+    )
+    await hass.async_block_till_done()
+
+    state = hass.states.get(entity_id)
+    assert state
+    assert state.attributes["previous_state"] == previous_state
+    assert state.attributes["next_state"] == STATE_ALARM_TRIGGERED
+    assert state.state == STATE_ALARM_PENDING
+
+    future = time + timedelta(seconds=61)
+    with freeze_time(future):
+        async_fire_time_changed(hass, future)
+        await hass.async_block_till_done()
+
+    state = hass.states.get(entity_id)
+    assert state.state == STATE_ALARM_TRIGGERED
+
+    future = time + timedelta(seconds=121)
+    with freeze_time(future):
+        async_fire_time_changed(hass, future)
+        await hass.async_block_till_done()
+
+    state = hass.states.get(entity_id)
+    assert state.state == previous_state
+
+
+@pytest.mark.parametrize(
+    "previous_state",
+    [
+        (STATE_ALARM_ARMED_AWAY),
+        (STATE_ALARM_ARMED_CUSTOM_BYPASS),
+        (STATE_ALARM_ARMED_HOME),
+        (STATE_ALARM_ARMED_NIGHT),
+        (STATE_ALARM_ARMED_VACATION),
+        (STATE_ALARM_DISARMED),
+    ],
+)
+async def test_restore_state_triggered(hass, previous_state):
+    """Ensure PENDING state is resolved to TRIGGERED on startup."""
+    time = dt_util.utcnow() - timedelta(seconds=75)
+    entity_id = "alarm_control_panel.test"
+    attributes = {
+        "previous_state": previous_state,
+    }
+    mock_restore_cache(
+        hass,
+        (State(entity_id, STATE_ALARM_TRIGGERED, attributes, last_updated=time),),
+    )
+
+    hass.state = CoreState.starting
+    mock_component(hass, "recorder")
+
+    assert await async_setup_component(
+        hass,
+        alarm_control_panel.DOMAIN,
+        {
+            "alarm_control_panel": {
+                "platform": "manual",
+                "name": "test",
+                "arming_time": 0,
+                "delay_time": 60,
+                "trigger_time": 60,
+                "disarm_after_trigger": False,
+            }
+        },
+    )
+    await hass.async_block_till_done()
+
+    state = hass.states.get(entity_id)
+    assert state
+    assert state.attributes["previous_state"] == previous_state
+    assert "next_state" not in state.attributes
+    assert state.state == STATE_ALARM_TRIGGERED
+
+    future = time + timedelta(seconds=121)
+    with freeze_time(future):
+        async_fire_time_changed(hass, future)
+        await hass.async_block_till_done()
+
+    state = hass.states.get(entity_id)
+    assert state.state == previous_state
+
+
+async def test_restore_state_triggered_long_ago(hass):
+    """Ensure TRIGGERED state is resolved on startup."""
+    time = dt_util.utcnow() - timedelta(seconds=125)
+    entity_id = "alarm_control_panel.test"
+    attributes = {
+        "previous_state": STATE_ALARM_ARMED_AWAY,
+    }
+    mock_restore_cache(
+        hass,
+        (State(entity_id, STATE_ALARM_TRIGGERED, attributes, last_updated=time),),
+    )
+
+    hass.state = CoreState.starting
+    mock_component(hass, "recorder")
+
+    assert await async_setup_component(
+        hass,
+        alarm_control_panel.DOMAIN,
+        {
+            "alarm_control_panel": {
+                "platform": "manual",
+                "name": "test",
+                "arming_time": 0,
+                "delay_time": 60,
+                "trigger_time": 60,
+                "disarm_after_trigger": True,
+            }
+        },
+    )
+    await hass.async_block_till_done()
+
+    state = hass.states.get(entity_id)
+    assert state.state == STATE_ALARM_DISARMED