diff --git a/packages/react-native-codegen/src/CodegenSchema.js b/packages/react-native-codegen/src/CodegenSchema.js
index 3bc12a1161..0b909a9879 100644
--- a/packages/react-native-codegen/src/CodegenSchema.js
+++ b/packages/react-native-codegen/src/CodegenSchema.js
@@ -151,6 +151,11 @@ export type FunctionTypeAnnotationParamTypeAnnotation =
   | $ReadOnly<{|
       type: 'ObjectTypeAnnotation',
       properties: $ReadOnlyArray<ObjectParamTypeAnnotation>,
+    |}>
+  | $ReadOnly<{|
+      type: 'FunctionTypeAnnotation',
+      params: $ReadOnlyArray<FunctionTypeAnnotationParam>,
+      returnTypeAnnotation: FunctionTypeAnnotationReturn,
     |}>;
 
 export type FunctionTypeAnnotationReturnArrayElementType = FunctionTypeAnnotationParamTypeAnnotation;
@@ -170,7 +175,7 @@ export type FunctionTypeAnnotationReturn =
     |}>
   | $ReadOnly<{|
       type: 'PromiseTypeAnnotation',
-      resolvingType: FunctionTypeAnnotationReturn,
+      resolvedType: FunctionTypeAnnotationReturn,
     |}>
   | $ReadOnly<{|
       type: 'ObjectTypeAnnotation',
diff --git a/packages/react-native-codegen/src/parsers/flow/__test_fixtures__/fixtures.js b/packages/react-native-codegen/src/parsers/flow/__test_fixtures__/fixtures.js
index 936eefaea7..d0365fdd25 100644
--- a/packages/react-native-codegen/src/parsers/flow/__test_fixtures__/fixtures.js
+++ b/packages/react-native-codegen/src/parsers/flow/__test_fixtures__/fixtures.js
@@ -269,6 +269,34 @@ export interface Spec extends TurboModule {
 }
 
 export default TurboModuleRegistry.getEnforcing<Spec>('SampleTurboModule');
+
+`;
+
+const NATIVE_MODULE_WITH_CALLBACK = `
+/**
+ * Copyright (c) Facebook, Inc. and its affiliates.
+ *
+ * This source code is licensed under the MIT license found in the
+ * LICENSE file in the root directory of this source tree.
+ *
+ * @flow
+ * @format
+ */
+
+'use strict';
+
+import type {TurboModule} from '../RCTExport';
+import * as TurboModuleRegistry from '../TurboModuleRegistry';
+
+export interface Spec extends TurboModule {
+  // Exported methods.
+  +getValueWithCallback: (
+    callback: (value: string, arr: Array<Array<string>>) => void,
+  ) => void;
+}
+
+export default TurboModuleRegistry.getEnforcing<Spec>('SampleTurboModule');
+
 `;
 
 const EVENT_DEFINITION = `
@@ -820,6 +848,7 @@ module.exports = {
   NATIVE_MODULE_WITH_COMPLEX_ARRAY,
   NATIVE_MODULE_WITH_ARRAY_WITH_ALIAS,
   NATIVE_MODULE_WITH_BASIC_PARAM_TYPES,
+  NATIVE_MODULE_WITH_CALLBACK,
   EMPTY_NATIVE_MODULE,
   ALL_PROP_TYPES_NO_EVENTS,
   ARRAY_PROP_TYPES_NO_EVENTS,
diff --git a/packages/react-native-codegen/src/parsers/flow/__tests__/__snapshots__/parser-test.js.snap b/packages/react-native-codegen/src/parsers/flow/__tests__/__snapshots__/parser-test.js.snap
index fe6decfdab..3f9b1abb98 100644
--- a/packages/react-native-codegen/src/parsers/flow/__tests__/__snapshots__/parser-test.js.snap
+++ b/packages/react-native-codegen/src/parsers/flow/__tests__/__snapshots__/parser-test.js.snap
@@ -3482,6 +3482,65 @@ Object {
 }
 `;
 
+exports[`RN Codegen Flow Parser can generate fixture NATIVE_MODULE_WITH_CALLBACK 1`] = `
+Object {
+  "modules": Object {
+    "SampleTurboModule": Object {
+      "nativeModules": Object {
+        "SampleTurboModule": Object {
+          "properties": Array [
+            Object {
+              "name": "getValueWithCallback",
+              "typeAnnotation": Object {
+                "optional": false,
+                "params": Array [
+                  Object {
+                    "name": "callback",
+                    "nullable": false,
+                    "typeAnnotation": Object {
+                      "params": Array [
+                        Object {
+                          "name": "value",
+                          "nullable": false,
+                          "typeAnnotation": Object {
+                            "type": "StringTypeAnnotation",
+                          },
+                        },
+                        Object {
+                          "name": "arr",
+                          "nullable": false,
+                          "typeAnnotation": Object {
+                            "elementType": Object {
+                              "elementType": Object {
+                                "type": "StringTypeAnnotation",
+                              },
+                              "type": "ArrayTypeAnnotation",
+                            },
+                            "type": "ArrayTypeAnnotation",
+                          },
+                        },
+                      ],
+                      "returnTypeAnnotation": Object {
+                        "type": "VoidTypeAnnotation",
+                      },
+                      "type": "FunctionTypeAnnotation",
+                    },
+                  },
+                ],
+                "returnTypeAnnotation": Object {
+                  "type": "VoidTypeAnnotation",
+                },
+                "type": "FunctionTypeAnnotation",
+              },
+            },
+          ],
+        },
+      },
+    },
+  },
+}
+`;
+
 exports[`RN Codegen Flow Parser can generate fixture NATIVE_MODULE_WITH_COMPLEX_ARRAY 1`] = `
 Object {
   "modules": Object {
@@ -3734,7 +3793,7 @@ Object {
                 "optional": false,
                 "params": Array [],
                 "returnTypeAnnotation": Object {
-                  "resolvingType": Object {
+                  "resolvedType": Object {
                     "type": "StringTypeAnnotation",
                   },
                   "type": "PromiseTypeAnnotation",
@@ -3748,7 +3807,7 @@ Object {
                 "optional": false,
                 "params": Array [],
                 "returnTypeAnnotation": Object {
-                  "resolvingType": Object {
+                  "resolvedType": Object {
                     "type": "StringTypeAnnotation",
                   },
                   "type": "PromiseTypeAnnotation",
diff --git a/packages/react-native-codegen/src/parsers/flow/methods.js b/packages/react-native-codegen/src/parsers/flow/methods.js
index 5191cd5970..2b412052cc 100644
--- a/packages/react-native-codegen/src/parsers/flow/methods.js
+++ b/packages/react-native-codegen/src/parsers/flow/methods.js
@@ -174,7 +174,7 @@ function getTypeAnnotationForParam(
       );
     }
   }
-  if (param.typeAnnotation.type === 'ObjectTypeAnnotation') {
+  if (typeAnnotation.type === 'ObjectTypeAnnotation') {
     return {
       nullable,
       name: paramName,
@@ -189,6 +189,25 @@ function getTypeAnnotationForParam(
       },
     };
   }
+  if (typeAnnotation.type === 'FunctionTypeAnnotation') {
+    const params = typeAnnotation.params.map(callbackParam =>
+      getTypeAnnotationForParam(name, callbackParam, types),
+    );
+    const returnTypeAnnotation = getReturnTypeAnnotation(
+      name,
+      typeAnnotation.returnType,
+      types,
+    );
+    return {
+      name: paramName,
+      nullable,
+      typeAnnotation: {
+        type: 'FunctionTypeAnnotation',
+        params,
+        returnTypeAnnotation,
+      },
+    };
+  }
   const type = typeAnnotation.type;
 
   if (
@@ -230,7 +249,7 @@ function getReturnTypeAnnotation(
     ) {
       return {
         type: 'PromiseTypeAnnotation',
-        resolvingType: getReturnTypeAnnotation(
+        resolvedType: getReturnTypeAnnotation(
           methodName,
           typeAnnotation.typeParameters.params[0],
           types,