diff --git a/src/runtime/components/NuxtImg.vue b/src/runtime/components/NuxtImg.vue
index 53ecad0eb..e62dac1be 100644
--- a/src/runtime/components/NuxtImg.vue
+++ b/src/runtime/components/NuxtImg.vue
@@ -47,12 +47,40 @@ defineSlots<{ default(props: DefaultSlotProps): any }>()
 const $img = useImage()
 const { providerOptions, normalizedAttrs, imageModifiers } = useImageProps(props)
 
-const sizes = computed(() => $img.getSizes(props.src!, {
-  ...providerOptions.value,
-  sizes: props.sizes,
-  densities: props.densities,
-  modifiers: imageModifiers.value,
-}))
+/**
+ * Detect SVG sources that should bypass IPX raster processing.
+ * SVGs are vector images that don't benefit from resize, srcset density
+ * variants, or placeholder blur. Passing them through IPX causes crashes
+ * (svgo/css-tree bundler issues) and incorrect sizing.
+ *
+ * When the user explicitly requests format conversion (e.g.
+ * `<NuxtImg src="/logo.svg" format="png" />`), we let the request
+ * through to IPX so the conversion can happen.
+ *
+ * @see https://github.com/nuxt/image/issues/2035
+ * @see https://github.com/nuxt/image/issues/1967
+ * @see https://github.com/nuxt/image/issues/2075
+ */
+const isSvg = computed(() => {
+  if (!(/^[^?#]+\.svg(?:$|[?#])/i.test(props.src || ''))) {
+    return false
+  }
+  // Allow explicit format conversion (e.g. format="png") to pass through to IPX
+  const requestedFormat = props.format?.toLowerCase()
+  return !requestedFormat || requestedFormat === 'svg'
+})
+
+const sizes = computed(() => {
+  if (isSvg.value) {
+    return { src: props.src!, sizes: undefined, srcset: '' }
+  }
+  return $img.getSizes(props.src!, {
+    ...providerOptions.value,
+    sizes: props.sizes,
+    densities: props.densities,
+    modifiers: imageModifiers.value,
+  })
+})
 
 const placeholderLoaded = ref(false)
 
@@ -68,6 +96,12 @@ const imgAttrs = computed(() => ({
 }))
 
 const placeholder = computed(() => {
+  // SVGs are lightweight vectors — no placeholder blur needed, and
+  // sending them through $img() would hit IPX which crashes on SVGs.
+  if (isSvg.value) {
+    return false
+  }
+
   if (placeholderLoaded.value) {
     return false
   }
@@ -95,11 +129,14 @@ const placeholder = computed(() => {
   }, providerOptions.value)
 })
 
-const mainSrc = computed(() =>
-  props.sizes
+const mainSrc = computed(() => {
+  if (isSvg.value) {
+    return props.src!
+  }
+  return props.sizes
     ? sizes.value.src
-    : $img(props.src!, imageModifiers.value, providerOptions.value),
-)
+    : $img(props.src!, imageModifiers.value, providerOptions.value)
+})
 
 const src = computed(() => placeholder.value || mainSrc.value)
 
diff --git a/test/e2e/__snapshots__/ipx.json5 b/test/e2e/__snapshots__/ipx.json5
index 9ed913a9d..2db218b1e 100644
--- a/test/e2e/__snapshots__/ipx.json5
+++ b/test/e2e/__snapshots__/ipx.json5
@@ -4,15 +4,15 @@
     "/_ipx/s_300x300/images/colors-layer.jpg",
     "/_ipx/s_300x300/images/colors.jpg",
     "/_ipx/s_300x300/images/everest.jpg",
-    "/_ipx/s_300x300/images/tacos.svg",
     "/_ipx/s_300x300/unsplash/photo-1606112219348-204d7d8b94ee",
+    "/images/tacos.svg",
   ],
   "sources": [
     "/_ipx/s_300x300/images/colors.jpg",
     "/_ipx/s_300x300/images/colors-layer.jpg",
     "/_ipx/s_300x300/images/colors-layer-config.jpg",
     "/_ipx/s_300x300/images/everest.jpg",
-    "/_ipx/s_300x300/images/tacos.svg",
+    "/images/tacos.svg",
     "/_ipx/s_300x300/unsplash/photo-1606112219348-204d7d8b94ee",
   ],
 }
\ No newline at end of file
diff --git a/test/e2e/generate.test.ts b/test/e2e/generate.test.ts
index 4bb300721..d803b673a 100644
--- a/test/e2e/generate.test.ts
+++ b/test/e2e/generate.test.ts
@@ -39,13 +39,11 @@ describe('ipx provider', () => {
         "_ipx/s_300x300/images/colors-layer.jpg",
         "_ipx/s_300x300/images/colors.jpg",
         "_ipx/s_300x300/images/everest.jpg",
-        "_ipx/s_300x300/images/tacos.svg",
         "_ipx/s_300x300/unsplash/photo-1606112219348-204d7d8b94ee",
         "_ipx/s_600x600/images/colors-layer-config.jpg",
         "_ipx/s_600x600/images/colors-layer.jpg",
         "_ipx/s_600x600/images/colors.jpg",
         "_ipx/s_600x600/images/everest.jpg",
-        "_ipx/s_600x600/images/tacos.svg",
         "_ipx/s_600x600/unsplash/photo-1606112219348-204d7d8b94ee",
       ]
     `)
diff --git a/test/nuxt/image.test.ts b/test/nuxt/image.test.ts
index 60446a74a..c0b4750b9 100644
--- a/test/nuxt/image.test.ts
+++ b/test/nuxt/image.test.ts
@@ -605,6 +605,61 @@ describe('Renders NuxtImg with the custom prop and default slot', () => {
   })
 })
 
+describe('SVG passthrough (#2035)', () => {
+  it('serves SVG as-is without IPX processing', () => {
+    const wrapper = mountImage({ src: '/logo.svg' })
+    const img = wrapper.find('img')
+    expect(img.element.getAttribute('src')).toBe('/logo.svg')
+    expect(img.element.getAttribute('srcset')).toBeFalsy()
+    expect(img.element.getAttribute('sizes')).toBeFalsy()
+  })
+
+  it('handles SVG with query string', () => {
+    const wrapper = mountImage({ src: '/logo.svg?v=123' })
+    expect(wrapper.find('img').element.getAttribute('src')).toBe('/logo.svg?v=123')
+  })
+
+  it('handles SVG with hash', () => {
+    const wrapper = mountImage({ src: '/logo.svg#icon' })
+    expect(wrapper.find('img').element.getAttribute('src')).toBe('/logo.svg#icon')
+  })
+
+  it('is case-insensitive for .SVG extension', () => {
+    const wrapper = mountImage({ src: '/logo.SVG' })
+    expect(wrapper.find('img').element.getAttribute('src')).toBe('/logo.SVG')
+    expect(wrapper.find('img').element.getAttribute('srcset')).toBeFalsy()
+  })
+
+  it('ignores sizes prop for SVGs', () => {
+    const wrapper = mountImage({ src: '/logo.svg', sizes: 'sm:100vw md:50vw' })
+    const img = wrapper.find('img')
+    expect(img.element.getAttribute('src')).toBe('/logo.svg')
+    expect(img.element.getAttribute('srcset')).toBeFalsy()
+  })
+
+  it('ignores width/height modifiers for SVGs', () => {
+    const wrapper = mountImage({ src: '/logo.svg', width: 200, height: 200 })
+    const img = wrapper.find('img')
+    expect(img.element.getAttribute('src')).toBe('/logo.svg')
+    expect(img.element.getAttribute('srcset')).toBeFalsy()
+  })
+
+  it('allows explicit format conversion (svg → png) through IPX', () => {
+    const wrapper = mountImage({ src: '/logo.svg', format: 'png', width: 200 })
+    const img = wrapper.find('img')
+    const src = img.element.getAttribute('src')
+    expect(src).toContain('/_ipx/')
+    expect(src).toContain('f_png')
+  })
+
+  it('still processes non-SVG images normally', () => {
+    const wrapper = mountImage({ src: '/image.png', width: 200, sizes: '200' })
+    const img = wrapper.find('img')
+    expect(img.element.getAttribute('src')).toContain('/_ipx/')
+    expect(img.element.getAttribute('srcset')).toBeTruthy()
+  })
+})
+
 const mountImage = (props: ComponentMountingOptions<typeof NuxtImg>['props']) => mount(NuxtImg, { props })
 
 function setImageContext(options: Partial<CreateImageOptions>) {
diff --git a/test/unit/bundle.test.ts b/test/unit/bundle.test.ts
index eea4df32d..955804eee 100644
--- a/test/unit/bundle.test.ts
+++ b/test/unit/bundle.test.ts
@@ -21,7 +21,7 @@ describe.skipIf(process.env.ECOSYSTEM_CI || isWindows)('nuxt image bundle size',
       image: { provider: 'ipx' },
     })
 
-    expect(roundToKilobytes(withImage.totalBytes - withoutImage.totalBytes)).toMatchInlineSnapshot(`"12.6k"`)
+    expect(roundToKilobytes(withImage.totalBytes - withoutImage.totalBytes)).toMatchInlineSnapshot(`"12.4k"`)
   })
 })