diff --git a/packages/dashboard/app/components/MemoryView.css b/packages/dashboard/app/components/MemoryView.css
index a501238beb..4220abe4b6 100644
--- a/packages/dashboard/app/components/MemoryView.css
+++ b/packages/dashboard/app/components/MemoryView.css
@@ -213,6 +213,8 @@ bare border-left text rows, matching the InsightsView card language.
   font-size: 13px;
   color: var(--text);
   line-height: 1.5;
+  /* Multiline insights keep their continuation-line breaks (PR #2003 review). */
+  white-space: pre-wrap;
 }
 
 /*
diff --git a/packages/dashboard/app/components/MemoryView.tsx b/packages/dashboard/app/components/MemoryView.tsx
index 0196d74ac2..64ce034137 100644
--- a/packages/dashboard/app/components/MemoryView.tsx
+++ b/packages/dashboard/app/components/MemoryView.tsx
@@ -81,12 +81,24 @@ function parseInsightsContent(content: string | null): ParsedInsightCategory[] {
         .replace(/<!--[\s\S]*?-->/g, "")
         .trim();
 
-      // Extract bullet points: filter bullet lines first, then strip the prefix
+      /*
+      FNXC:MemoryView 2026-07-11-01:00:
+      PR #2003 review: an insight can span multiple lines (one bullet followed by
+      continuation text). Bullet lines start a new item; non-empty non-bullet lines
+      append to the previous item instead of being dropped, so multiline insights
+      render in full rather than silently truncating after the first line.
+      */
       const items = body
         .split("\n")
         .map((line) => line.trim())
-        .filter((line) => /^[-*]\s+/.test(line))
-        .map((line) => line.replace(/^[-*]\s+/, ""));
+        .reduce<string[]>((acc, line) => {
+          if (/^[-*]\s+/.test(line)) {
+            acc.push(line.replace(/^[-*]\s+/, ""));
+          } else if (line.length > 0 && acc.length > 0) {
+            acc[acc.length - 1] = `${acc[acc.length - 1]}\n${line}`;
+          }
+          return acc;
+        }, []);
 
       if (items.length > 0 || body.length > 0) {
         categories.push({
diff --git a/packages/dashboard/app/components/__tests__/MemoryView.test.tsx b/packages/dashboard/app/components/__tests__/MemoryView.test.tsx
index 4bb8e026be..4902ab9fff 100644
--- a/packages/dashboard/app/components/__tests__/MemoryView.test.tsx
+++ b/packages/dashboard/app/components/__tests__/MemoryView.test.tsx
@@ -158,6 +158,50 @@ describe("MemoryView", () => {
     );
   });
 
+  /*
+  FNXC:MemoryView 2026-07-11-01:00:
+  PR #2003 regression tests for insight parsing: bullets must parse into individual items
+  (the pre-fix parser stripped "- " before filtering for it, collapsing categories into one
+  blob), and a bullet's continuation lines must stay attached to that bullet instead of
+  being dropped.
+  */
+  it("parses each markdown bullet into its own insight item with the correct count", async () => {
+    mockUseMemoryData.mockReturnValue(
+      createMemoryData({
+        insightsExists: true,
+        insightsContent: "## Patterns\n<!-- extraction marker -->\n- First insight\n- Second insight\n\n## Pitfalls\n- Third insight",
+      }),
+    );
+
+    render(<MemoryView addToast={vi.fn()} />);
+    await userEvent.click(screen.getByRole("tab", { name: "Insights" }));
+
+    expect(screen.getByText("First insight")).toBeInTheDocument();
+    expect(screen.getByText("Second insight")).toBeInTheDocument();
+    expect(screen.getByText("Third insight")).toBeInTheDocument();
+    // Total Insights stat counts individual bullets, and extraction-marker comments are excluded.
+    expect(screen.getByText("3")).toBeInTheDocument();
+    expect(screen.queryByText(/extraction marker/)).not.toBeInTheDocument();
+  });
+
+  it("keeps continuation lines attached to their bullet for multiline insights", async () => {
+    mockUseMemoryData.mockReturnValue(
+      createMemoryData({
+        insightsExists: true,
+        insightsContent: "## Patterns\n- Multiline insight head\n  continuation detail line\n- Plain insight",
+      }),
+    );
+
+    render(<MemoryView addToast={vi.fn()} />);
+    await userEvent.click(screen.getByRole("tab", { name: "Insights" }));
+
+    expect(screen.getByText(/Multiline insight head/)).toBeInTheDocument();
+    expect(screen.getByText(/continuation detail line/)).toBeInTheDocument();
+    expect(screen.getByText("Plain insight")).toBeInTheDocument();
+    // The continuation belongs to the first bullet: still exactly 2 insights in the Total stat.
+    expect(document.querySelector(".memory-stat-value")?.textContent).toBe("2");
+  });
+
   it("shows read-only warning after backend resolves as non-writable", () => {
     mockUseMemoryData.mockReturnValue(
       createMemoryData({