diff --git a/packages/@sanity/cli/src/cli.ts b/packages/@sanity/cli/src/cli.ts
index 67bc4f130d0..b3f03881bf0 100755
--- a/packages/@sanity/cli/src/cli.ts
+++ b/packages/@sanity/cli/src/cli.ts
@@ -27,19 +27,6 @@ import {runUpdateCheck} from './util/updateNotifier'
 const sanityEnv = process.env.SANITY_INTERNAL_ENV || 'production' // eslint-disable-line no-process-env
 const knownEnvs = ['development', 'staging', 'production']
 
-function wait(ms: number) {
-  return new Promise((resolve) => setTimeout(resolve, ms))
-}
-
-function installProcessExitHack(finalTask: () => Promise<unknown>) {
-  const originalProcessExit = process.exit
-
-  // @ts-expect-error ignore TS2534
-  process.exit = (exitCode?: number | undefined): never => {
-    finalTask().finally(() => originalProcessExit(exitCode))
-  }
-}
-
 export async function runCli(cliRoot: string, {cliVersion}: {cliVersion: string}): Promise<void> {
   installUnhandledRejectionsHandler()
 
@@ -77,12 +64,6 @@ export async function runCli(cliRoot: string, {cliVersion}: {cliVersion: string}
     env: process.env,
   })
 
-  // UGLY HACK: process.exit(<code>) causes abrupt exit, we want to flush telemetry before exiting
-  installProcessExitHack(() =>
-    // When process.exit() is called, flush telemetry events first, but wait no more than x amount of ms before exiting process
-    Promise.race([wait(2000), flushTelemetry()]),
-  )
-
   telemetry.updateUserProperties({
     runtimeVersion: process.version,
     runtime: detectRuntime(),
@@ -109,7 +90,10 @@ export async function runCli(cliRoot: string, {cliVersion}: {cliVersion: string}
 
   if (core.v || core.version) {
     console.log(`${pkg.name} version ${pkg.version}`)
+    await flushTelemetry()
     process.exit()
+    // As the process.exit function is monkey patched above and is async, the return is necessary
+    return
   }
 
   // Translate `sanity -h <command>` to `sanity help <command>`
diff --git a/packages/@sanity/cli/test/basics.test.ts b/packages/@sanity/cli/test/basics.test.ts
index b07d92f16fe..77e92b9c572 100644
--- a/packages/@sanity/cli/test/basics.test.ts
+++ b/packages/@sanity/cli/test/basics.test.ts
@@ -47,5 +47,12 @@ describeCliTest('CLI: basic commands', () => {
       expect(result.stdout).toContain('CLI Developers') // name of CI user
       expect(result.code).toBe(0)
     })
+
+    testConcurrent('sanity --version', async () => {
+      const result = await runSanityCmdCommand(version, ['--version'])
+      // If the help text isn't returned, the result should only be one line with text
+      expect(result.stdout.split('\n').filter((l) => l.length > 0)).toHaveLength(1)
+      expect(result.code).toBe(0)
+    })
   })
 })