diff --git a/.changeset/fix-outdated-minimum-release-age.md b/.changeset/fix-outdated-minimum-release-age.md
new file mode 100644
index 0000000000..5d5fb09ea4
--- /dev/null
+++ b/.changeset/fix-outdated-minimum-release-age.md
@@ -0,0 +1,6 @@
+---
+"@pnpm/outdated": patch
+"pnpm": patch
+---
+
+Fixed `pnpm outdated` crashing with `ERR_PNPM_NO_MATCHING_VERSION` when `minimumReleaseAge` is set and all versions of a package are newer than the threshold [#10605](https://github.com/pnpm/pnpm/issues/10605).
diff --git a/reviewing/outdated/src/createManifestGetter.ts b/reviewing/outdated/src/createManifestGetter.ts
index 99dca44fae..defe0ee832 100644
--- a/reviewing/outdated/src/createManifestGetter.ts
+++ b/reviewing/outdated/src/createManifestGetter.ts
@@ -63,8 +63,16 @@ export async function getManifest (
     })
     return resolution?.manifest ?? null
   } catch (err) {
-    if ((err as { code?: string }).code === 'ERR_PNPM_NO_MATURE_MATCHING_VERSION' && opts.publishedBy) {
-      // No versions found that meet the minimumReleaseAge requirement
+    const code = (err as { code?: string }).code
+    if (opts.publishedBy && (
+      code === 'ERR_PNPM_NO_MATURE_MATCHING_VERSION' ||
+      code === 'ERR_PNPM_NO_MATCHING_VERSION'
+    )) {
+      // No versions found that meet the minimumReleaseAge requirement.
+      // This can happen when all published versions (including the one the
+      // "latest" dist-tag points to) are newer than the minimumReleaseAge
+      // threshold, causing the resolver to throw NO_MATCHING_VERSION instead
+      // of NO_MATURE_MATCHING_VERSION.
       return null
     }
     throw err
diff --git a/reviewing/outdated/test/getManifest.spec.ts b/reviewing/outdated/test/getManifest.spec.ts
index 5785758b8e..cc5abe0a0a 100644
--- a/reviewing/outdated/test/getManifest.spec.ts
+++ b/reviewing/outdated/test/getManifest.spec.ts
@@ -100,7 +100,8 @@ test('getManifest() does not convert non-latest specifiers', async () => {
   expect(resolve).toHaveBeenCalledTimes(1)
 })
 
-test('getManifest() handles NO_MATCHING_VERSION error gracefully', async () => {
+// https://github.com/pnpm/pnpm/issues/10605
+test('getManifest() returns null for NO_MATCHING_VERSION when publishedBy is set', async () => {
   const opts = {
     dir: '',
     lockfileDir: '',
@@ -110,17 +111,36 @@ test('getManifest() handles NO_MATCHING_VERSION error gracefully', async () => {
   const publishedBy = new Date(Date.now() - 10080 * 60 * 1000)
 
   const resolve: ResolveFunction = jest.fn(async function () {
+    // When all versions of a package are newer than minimumReleaseAge and the
+    // latest dist-tag points to a pre-release, the resolver may throw
+    // NO_MATCHING_VERSION instead of NO_MATURE_MATCHING_VERSION.
     const error = new Error('No matching version found') as Error & { code?: string }
-    error.code = 'ERR_PNPM_NO_MATURE_MATCHING_VERSION'
+    error.code = 'ERR_PNPM_NO_MATCHING_VERSION'
     throw error
   })
 
   const result = await getManifest({ ...opts, resolve, publishedBy }, 'foo', 'latest')
 
-  // Should return null when no version matches minimumReleaseAge
   expect(result).toBeNull()
 })
 
+// When publishedBy is NOT set, NO_MATCHING_VERSION should still throw.
+test('getManifest() throws NO_MATCHING_VERSION when publishedBy is not set', async () => {
+  const opts = {
+    dir: '',
+    lockfileDir: '',
+    rawConfig: {},
+  }
+
+  const resolve: ResolveFunction = jest.fn(async function () {
+    const error = new Error('No matching version found') as Error & { code?: string }
+    error.code = 'ERR_PNPM_NO_MATCHING_VERSION'
+    throw error
+  })
+
+  await expect(getManifest({ ...opts, resolve }, 'foo', 'latest')).rejects.toThrow('No matching version found')
+})
+
 test('getManifest() with minimumReleaseAgeExclude', async () => {
   const opts = {
     dir: '',