diff --git a/CHANGELOG.md b/CHANGELOG.md
index 2987652bbced..06d27203950a 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -12,6 +12,7 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 - Export `tailwindcss/lib/util/flattenColorPalette.js` for backward compatibility ([#16411](https://github.com/tailwindlabs/tailwindcss/pull/16411))
 - Fix sorting numeric utilities when they have different magnitudes ([#16414](https://github.com/tailwindlabs/tailwindcss/pull/16414))
 - Show suggestions for fractions in IntelliSense ([#16353](https://github.com/tailwindlabs/tailwindcss/pull/16353))
+- Don’t replace `_` in suggested theme keys ([#16433](https://github.com/tailwindlabs/tailwindcss/pull/16433))
 
 ## [4.0.6] - 2025-02-10
 
diff --git a/packages/tailwindcss/src/intellisense.test.ts b/packages/tailwindcss/src/intellisense.test.ts
index b95c843fd9d0..4a69aa5009ff 100644
--- a/packages/tailwindcss/src/intellisense.test.ts
+++ b/packages/tailwindcss/src/intellisense.test.ts
@@ -526,3 +526,40 @@ test('Custom functional @utility', async () => {
   expect(classNames).toContain('example-xs')
   expect(classMap.get('example-xs')?.modifiers).toEqual(['foo', 'bar'])
 })
+
+test('Theme keys with underscores are suggested with underscores', async () => {
+  let input = css`
+    @import 'tailwindcss/utilities';
+
+    @theme {
+      /* Disable the spacing scale */
+      --spacing: initial;
+
+      /* This will get suggeted with a dot because its surrounded by numbers */
+      --spacing-1_5: 1.5rem;
+
+      /* This will get suggeted with a dot  */
+      --spacing-2\.5: 1.5rem;
+
+      /* This will get suggeted with an underscore */
+      --spacing-logo_margin: 0.875rem;
+    }
+  `
+
+  let design = await __unstable__loadDesignSystem(input, {
+    loadStylesheet: async (_, base) => ({
+      base,
+      content: '@tailwind utilities;',
+    }),
+  })
+
+  let entries = design.getClassList().filter(([name]) => name.startsWith('p-'))
+
+  expect(entries).toContainEqual(['p-1.5', { modifiers: [] }])
+  expect(entries).toContainEqual(['p-2.5', { modifiers: [] }])
+  expect(entries).toContainEqual(['p-logo_margin', { modifiers: [] }])
+
+  expect(entries).not.toContainEqual(['p-1_5', { modifiers: [] }])
+  expect(entries).not.toContainEqual(['p-2_5', { modifiers: [] }])
+  expect(entries).not.toContainEqual(['p-logo.margin', { modifiers: [] }])
+})
diff --git a/packages/tailwindcss/src/utilities.ts b/packages/tailwindcss/src/utilities.ts
index 57e753be1dcf..ea9a39ec466b 100644
--- a/packages/tailwindcss/src/utilities.ts
+++ b/packages/tailwindcss/src/utilities.ts
@@ -220,9 +220,20 @@ export function createUtilities(theme: Theme) {
    * Register list of suggestions for a class
    */
   function suggest(classRoot: string, defns: () => SuggestionDefinition[]) {
+    /**
+     * The alpha and beta releases used `_` in theme keys to represent a `.`. This meant we used
+     * `--leading-1_5` instead of `--leading-1\.5` to add utilities like `leading-1.5`.
+     *
+     * We prefer the use of the escaped dot now but still want to make sure suggestions for the
+     * legacy key format still works as expected when surrounded by numbers.
+     */
+    const LEGACY_NUMERIC_KEY = /(\d+)_(\d+)/g
+
     function* resolve(themeKeys: ThemeKey[]) {
       for (let value of theme.keysInNamespaces(themeKeys)) {
-        yield value.replaceAll('_', '.')
+        yield value.replace(LEGACY_NUMERIC_KEY, (_, a, b) => {
+          return `${a}.${b}`
+        })
       }
     }