diff --git a/data-jdbc/src/test/groovy/io/micronaut/data/jdbc/oraclexe/OracleXERepositorySpec.groovy b/data-jdbc/src/test/groovy/io/micronaut/data/jdbc/oraclexe/OracleXERepositorySpec.groovy
index 0a352af516..905b2bf479 100644
--- a/data-jdbc/src/test/groovy/io/micronaut/data/jdbc/oraclexe/OracleXERepositorySpec.groovy
+++ b/data-jdbc/src/test/groovy/io/micronaut/data/jdbc/oraclexe/OracleXERepositorySpec.groovy
@@ -17,6 +17,7 @@ package io.micronaut.data.jdbc.oraclexe
 
 import groovy.transform.Memoized
 import io.micronaut.data.tck.entities.Book
+import io.micronaut.data.tck.entities.Face
 import io.micronaut.data.tck.repositories.*
 import io.micronaut.data.tck.tests.AbstractRepositorySpec
 import spock.lang.PendingFeature
@@ -271,4 +272,17 @@ class OracleXERepositorySpec extends AbstractRepositorySpec implements OracleTes
             bookRepository.findById(book.id).get().title == "Xyz"
     }
 
+    void "test native query with colon"() {
+        given:
+        def face = faceRepository.save(new Face("New"))
+        def oracleFaceRepository = (OracleXEFaceRepository) faceRepository
+        when:
+        def faces = oracleFaceRepository.findAllWithOptionalFilters(null, "2024-01-01")
+        then:
+        faces
+        faces[0].name == face.name
+        cleanup:
+        faceRepository.delete(face)
+    }
+
 }
diff --git a/data-jdbc/src/test/java/io/micronaut/data/jdbc/oraclexe/OracleXEFaceRepository.java b/data-jdbc/src/test/java/io/micronaut/data/jdbc/oraclexe/OracleXEFaceRepository.java
index c3da619088..e3cf2ee3f0 100644
--- a/data-jdbc/src/test/java/io/micronaut/data/jdbc/oraclexe/OracleXEFaceRepository.java
+++ b/data-jdbc/src/test/java/io/micronaut/data/jdbc/oraclexe/OracleXEFaceRepository.java
@@ -15,10 +15,25 @@
  */
 package io.micronaut.data.jdbc.oraclexe;
 
+import io.micronaut.core.annotation.Nullable;
+import io.micronaut.data.annotation.Query;
 import io.micronaut.data.jdbc.annotation.JdbcRepository;
 import io.micronaut.data.model.query.builder.sql.Dialect;
+import io.micronaut.data.tck.entities.Face;
 import io.micronaut.data.tck.repositories.FaceRepository;
 
+import java.util.List;
+
 @JdbcRepository(dialect = Dialect.ORACLE)
 public interface OracleXEFaceRepository extends FaceRepository {
+
+    @Query(
+        """
+        SELECT * FROM face f WHERE
+            (f.date_created >= COALESCE(TO_TIMESTAMP(:dateCreatedParam, 'YYYY-MM-DD"T"HH24\\:MI\\:SS"Z"'), f.date_created) OR :dateCreatedParam IS NULL) AND
+            (f.name = :name OR :name IS NULL)
+        """)
+    List<Face> findAllWithOptionalFilters(
+        @Nullable String name,
+        @Nullable String dateCreatedParam);
 }
diff --git a/data-processor/src/main/java/io/micronaut/data/processor/visitors/finders/RawQueryMethodMatcher.java b/data-processor/src/main/java/io/micronaut/data/processor/visitors/finders/RawQueryMethodMatcher.java
index 08777ad390..19399944ab 100644
--- a/data-processor/src/main/java/io/micronaut/data/processor/visitors/finders/RawQueryMethodMatcher.java
+++ b/data-processor/src/main/java/io/micronaut/data/processor/visitors/finders/RawQueryMethodMatcher.java
@@ -68,6 +68,9 @@ public class RawQueryMethodMatcher implements MethodMatcher {
     private static final Pattern RETURNING_PATTERN = Pattern.compile(".*\\breturning\\b.*");
 
     private static final Pattern VARIABLE_PATTERN = Pattern.compile("([^:\\\\]*)((?<![:]):([a-zA-Z0-9]+))([^:]*)");
+    private static final String COLON = ":";
+    private static final String COLON_ESCAPE_PATTERN = "\\" + COLON;
+    private static final String COLON_TEMP_REPLACEMENT = "___MICRONAUT_COLON_PLA@CEHOLDER___";
 
     @Override
     public final int getOrder() {
@@ -251,7 +254,8 @@ private QueryResult getQueryResult(MethodMatchContext matchContext,
                                        boolean namedParameters,
                                        ParameterElement entityParam,
                                        SourcePersistentEntity persistentEntity) {
-        Matcher matcher = VARIABLE_PATTERN.matcher(queryString.replace("\\:", ""));
+        String newQueryString = queryString.replace(COLON_ESCAPE_PATTERN, COLON_TEMP_REPLACEMENT);
+        Matcher matcher = VARIABLE_PATTERN.matcher(newQueryString);
 
         List<AnnotationValue<ParameterExpression>> parameterExpressions = matchContext.getMethodElement()
             .getAnnotationMetadata()
@@ -262,9 +266,9 @@ private QueryResult getQueryResult(MethodMatchContext matchContext,
         int index = 1;
         int lastOffset = 0;
         while (matcher.find()) {
-            String prefix = queryString.substring(lastOffset, matcher.start(3) - 1);
+            String prefix = newQueryString.substring(lastOffset, matcher.start(3) - 1);
             if (!prefix.isEmpty()) {
-                queryParts.add(prefix);
+                queryParts.add(prefix.replace(COLON_TEMP_REPLACEMENT, COLON));
             }
             lastOffset = matcher.end(3);
             String name = matcher.group(3);
@@ -285,13 +289,12 @@ private QueryResult getQueryResult(MethodMatchContext matchContext,
             parameterBindings.add(queryParameterBinding);
         }
 
-        queryString = queryString.replace("\\:", ":");
         if (queryParts.isEmpty()) {
-            queryParts.add(queryString);
+            queryParts.add(newQueryString.replace(COLON_TEMP_REPLACEMENT, COLON));
         } else if (lastOffset > 0) {
-            queryParts.add(queryString.substring(lastOffset));
+            queryParts.add(newQueryString.substring(lastOffset).replace(COLON_TEMP_REPLACEMENT, COLON));
         }
-        String finalQueryString = queryString;
+        String finalQueryString = newQueryString.replace(COLON_TEMP_REPLACEMENT, COLON);
         return new QueryResult() {
             @Override
             public String getQuery() {
diff --git a/data-processor/src/test/groovy/io/micronaut/data/processor/sql/BuildQuerySpec.groovy b/data-processor/src/test/groovy/io/micronaut/data/processor/sql/BuildQuerySpec.groovy
index 2a92bf95d3..c2e0d1626e 100644
--- a/data-processor/src/test/groovy/io/micronaut/data/processor/sql/BuildQuerySpec.groovy
+++ b/data-processor/src/test/groovy/io/micronaut/data/processor/sql/BuildQuerySpec.groovy
@@ -50,6 +50,7 @@ import static io.micronaut.data.processor.visitors.TestUtils.getParameterBinding
 import static io.micronaut.data.processor.visitors.TestUtils.getParameterExpressions
 import static io.micronaut.data.processor.visitors.TestUtils.getParameterPropertyPaths
 import static io.micronaut.data.processor.visitors.TestUtils.getQuery
+import static io.micronaut.data.processor.visitors.TestUtils.getQueryParts
 import static io.micronaut.data.processor.visitors.TestUtils.getRawQuery
 import static io.micronaut.data.processor.visitors.TestUtils.getResultDataType
 import static io.micronaut.data.processor.visitors.TestUtils.isExpandableQuery
@@ -640,6 +641,36 @@ interface FacesRepository extends CrudRepository<Face, Long> {
 
     }
 
+    void "test native query with colon used in query"() {
+        given:
+        def repository = buildRepository('test.FacesRepository', """
+import io.micronaut.core.annotation.Nullable;
+import io.micronaut.data.jdbc.annotation.JdbcRepository;
+import io.micronaut.data.model.query.builder.sql.Dialect;
+import io.micronaut.data.repository.GenericRepository;
+import io.micronaut.data.tck.entities.Face;
+import java.util.UUID;
+
+@JdbcRepository(dialect = Dialect.ORACLE)
+interface FacesRepository extends GenericRepository<Face, Long> {
+
+    @Query("SELECT * FROM face f WHERE" +
+           " (f.date_created >= COALESCE(TO_TIMESTAMP(:dateCreated, 'YYYY-MM-DD\\"T\\"HH24\\\\:MI\\\\:SS\\"Z\\"'), f.date_created) OR :dateCreated IS NULL) AND"
+           + " (f.name = :name OR :name IS NULL)")
+    List<Face> findAllWithOptionalFilters(
+        @Nullable String name,
+        @Nullable String dateCreated);
+}
+""")
+        def method = repository.getRequiredMethod("findAllWithOptionalFilters", String, String)
+        def rawQuery = getRawQuery(method)
+        def query = getQuery(method)
+
+        expect:
+        rawQuery == 'SELECT * FROM face f WHERE (f.date_created >= COALESCE(TO_TIMESTAMP(?, \'YYYY-MM-DD"T"HH24:MI:SS"Z"\'), f.date_created) OR ? IS NULL) AND (f.name = ? OR ? IS NULL)'
+        query == 'SELECT * FROM face f WHERE (f.date_created >= COALESCE(TO_TIMESTAMP(:dateCreated, \'YYYY-MM-DD"T"HH24\\:MI\\:SS"Z"\'), f.date_created) OR :dateCreated IS NULL) AND (f.name = :name OR :name IS NULL)'
+    }
+
     void "test In in properties"() {
         given:
         def repository = buildRepository('test.PurchaseRepository', """