diff --git a/changelogs/fragments/810-compose-errors.yml b/changelogs/fragments/810-compose-errors.yml
new file mode 100644
index 00000000..658b435e
--- /dev/null
+++ b/changelogs/fragments/810-compose-errors.yml
@@ -0,0 +1,4 @@
+bugfixes:
+  - "docker_compose_v2 - do not fail when non-fatal errors occur. This can happen when pulling an image fails, but then the image can be built
+     for another service. Docker Compose emits an error in that case, but ``docker compose up`` still completes successfully
+     (https://github.com/ansible-collections/community.docker/issues/807, https://github.com/ansible-collections/community.docker/pull/810)."
diff --git a/plugins/module_utils/compose_v2.py b/plugins/module_utils/compose_v2.py
index 2a048ac1..8bc16507 100644
--- a/plugins/module_utils/compose_v2.py
+++ b/plugins/module_utils/compose_v2.py
@@ -404,6 +404,8 @@ def is_failed(events, rc):
 
 
 def update_failed(result, events, args, stdout, stderr, rc, cli):
+    if not rc:
+        return False
     errors = []
     for event in events:
         if event.status in DOCKER_STATUS_ERROR:
@@ -419,8 +421,6 @@ def update_failed(result, events, args, stdout, stderr, rc, cli):
                 status=event.status,
                 msg=event.msg,
             ))
-    if not errors and not rc:
-        return False
     if not errors:
         errors.append('Return code {code} is non-zero'.format(code=rc))
     result['failed'] = True