diff --git a/.changeset/tiny-buses-fold.md b/.changeset/tiny-buses-fold.md
new file mode 100644
index 000000000..bf1dd4aca
--- /dev/null
+++ b/.changeset/tiny-buses-fold.md
@@ -0,0 +1,5 @@
+---
+'spectacle': patch
+---
+
+Fixed Notes node tree generation inside Markdown component.
diff --git a/packages/spectacle/src/components/markdown/markdown.tsx b/packages/spectacle/src/components/markdown/markdown.tsx
index 84ddac7bb..f44824544 100644
--- a/packages/spectacle/src/components/markdown/markdown.tsx
+++ b/packages/spectacle/src/components/markdown/markdown.tsx
@@ -178,10 +178,15 @@ export const Markdown = forwardRef<HTMLDivElement, MarkdownProps>(
         });
 
       // Transform and compile the notes AST.
-      const transformedNotesAst = notesCompiler.runSync(extractedNotes);
-      const noteElements = notesCompiler.stringify(transformedNotesAst);
-
-      return [templateProps, noteElements] as const;
+      if (
+        Array.isArray(extractedNotes.children) &&
+        extractedNotes.children.length >= 1
+      ) {
+        const transformedNotesAst = notesCompiler.runSync(extractedNotes);
+        const noteElements = notesCompiler.stringify(transformedNotesAst);
+        return [templateProps, noteElements] as const;
+      }
+      return [templateProps, null] as const;
     }, [
       rawMarkdownText,
       getPropsForAST,