diff --git a/packages/eui/changelogs/upcoming/7792.md b/packages/eui/changelogs/upcoming/7792.md
new file mode 100644
index 00000000000..d55bf09b29d
--- /dev/null
+++ b/packages/eui/changelogs/upcoming/7792.md
@@ -0,0 +1,3 @@
+**Bug fixes**
+
+- Fixed `EuiFlexGroup` and `EuiFlexItem` types to correctly accept global attribute props and simplify type resolution when used with `styled()`-like wrappers
diff --git a/packages/eui/scripts/dtsgenerator.js b/packages/eui/scripts/dtsgenerator.js
index b973005e67c..f8eacd8f665 100644
--- a/packages/eui/scripts/dtsgenerator.js
+++ b/packages/eui/scripts/dtsgenerator.js
@@ -106,6 +106,7 @@ const generator = dtsGenerator({
 // 2. replace any import("src/...") declarations to import("@elastic/eui/src/...")
 // 3. replace any import("./...") declarations to import("@elastic/eui/src/...)
 // 4. generate & add EuiTokenObject
+// 5. Fix React.ElementType being incorrectly expanded to React.ElementType<any, keyof React.JSX.IntrinsicElements>
 generator.then(() => {
   const defsFilePath = path.resolve(baseDir, 'eui.d.ts');
 
@@ -155,6 +156,10 @@ generator.then(() => {
         }
       ) // end 3.
       .replace(/$/, `\n\n${buildEuiTokensObject()}`) // 4.
+      .replaceAll(
+        'React.ElementType<any, keyof React.JSX.IntrinsicElements>',
+        'React.ElementType'
+      ) // 5.
   );
 });
 
diff --git a/packages/eui/src/components/flex/flex_group.tsx b/packages/eui/src/components/flex/flex_group.tsx
index c7bb866486b..9de2867907e 100644
--- a/packages/eui/src/components/flex/flex_group.tsx
+++ b/packages/eui/src/components/flex/flex_group.tsx
@@ -8,11 +8,12 @@
 
 import React, {
   ComponentPropsWithoutRef,
-  ComponentType,
   ElementType,
   ForwardedRef,
   forwardRef,
+  FunctionComponent,
   PropsWithChildren,
+  ReactElement,
   Ref,
 } from 'react';
 import classNames from 'classnames';
@@ -51,9 +52,7 @@ export const DIRECTIONS = [
 ] as const;
 type FlexGroupDirection = (typeof DIRECTIONS)[number];
 
-type ComponentPropType = ElementType<CommonProps>;
-
-export type EuiFlexGroupProps<TComponent extends ComponentPropType = 'div'> =
+export type EuiFlexGroupProps<TComponent extends ElementType = 'div'> =
   PropsWithChildren &
     CommonProps &
     ComponentPropsWithoutRef<TComponent> & {
@@ -83,7 +82,7 @@ export type EuiFlexGroupProps<TComponent extends ComponentPropType = 'div'> =
       wrap?: boolean;
     };
 
-const EuiFlexGroupInternal = <TComponent extends ComponentPropType>(
+const EuiFlexGroupInternal = <TComponent extends ElementType>(
   {
     className,
     component = 'div' as TComponent,
@@ -96,7 +95,7 @@ const EuiFlexGroupInternal = <TComponent extends ComponentPropType>(
     ...rest
   }: EuiFlexGroupProps<TComponent>,
   ref: ForwardedRef<TComponent>
-) => {
+): ReactElement<EuiFlexGroupProps<TComponent>, TComponent> => {
   const styles = useEuiMemoizedStyles(euiFlexGroupStyles);
   const cssStyles = [
     styles.euiFlexGroup,
@@ -110,10 +109,11 @@ const EuiFlexGroupInternal = <TComponent extends ComponentPropType>(
 
   const classes = classNames('euiFlexGroup', className);
 
-  // Cast the resolved component prop type to ComponentType to help TS
-  // process multiple infers and the overall type complexity.
-  // This might not be needed in TypeScript 5
-  const Component = component as ComponentType<CommonProps & typeof rest>;
+  // Cast `component` to FunctionComponent to simplify its type.
+  // Note that FunctionComponent type is used here for purely typing
+  // convenience since we specify the return type above, and function
+  // components don't support `ref`s, but that doesn't matter in this case.
+  const Component = component as FunctionComponent<CommonProps & typeof rest>;
 
   return <Component {...rest} ref={ref} className={classes} css={cssStyles} />;
 };
@@ -121,12 +121,12 @@ const EuiFlexGroupInternal = <TComponent extends ComponentPropType>(
 // Cast forwardRef return type to work with the generic TComponent type
 // and not fallback to implicit any typing
 export const EuiFlexGroup = forwardRef(EuiFlexGroupInternal) as (<
-  TComponent extends ComponentPropType = 'div',
-  TComponentRef = ReturnType<typeof EuiFlexGroupInternal>
+  TComponent extends ElementType = 'div',
+  TComponentRef = ReactElement<any, TComponent>
 >(
   props: EuiFlexGroupProps<TComponent> & {
     ref?: Ref<TComponentRef>;
   }
-) => ReturnType<typeof EuiFlexGroupInternal>) & { displayName?: string };
+) => ReactElement) & { displayName?: string };
 
 EuiFlexGroup.displayName = 'EuiFlexGroup';
diff --git a/packages/eui/src/components/flex/flex_item.tsx b/packages/eui/src/components/flex/flex_item.tsx
index 2b29aeacf48..e32dc144375 100644
--- a/packages/eui/src/components/flex/flex_item.tsx
+++ b/packages/eui/src/components/flex/flex_item.tsx
@@ -11,10 +11,11 @@ import React, {
   useEffect,
   ComponentPropsWithoutRef,
   PropsWithChildren,
-  ComponentType,
   ForwardedRef,
   forwardRef,
   Ref,
+  ReactElement,
+  FunctionComponent,
 } from 'react';
 import classNames from 'classnames';
 import { CommonProps } from '../common';
@@ -39,9 +40,7 @@ const VALID_GROW_VALUES = [
   10,
 ] as const;
 
-type ComponentPropType = ElementType<CommonProps>;
-
-export type EuiFlexItemProps<TComponent extends ComponentPropType = 'div'> =
+export type EuiFlexItemProps<TComponent extends ElementType = 'div'> =
   PropsWithChildren &
     CommonProps &
     ComponentPropsWithoutRef<TComponent> & {
@@ -53,20 +52,20 @@ export type EuiFlexItemProps<TComponent extends ComponentPropType = 'div'> =
        * such as `'div'` or `'span'`, a React component (a function, a class,
        * or an exotic component like `memo()`).
        *
-       * `<EuiFlexGroup>` accepts and forwards all extra props to the custom
+       * `<EuiFlexItem>` accepts and forwards all extra props to the custom
        * component.
        *
        * @example
        * // Renders a <button> element
        * <EuiFlexItem component="button">
        *   Submit form
-       * </EuiFlexGroup>
+       * </EuiFlexItem>
        * @default "div"
        */
       component?: TComponent;
     };
 
-const EuiFlexItemInternal = <TComponent extends ComponentPropType>(
+const EuiFlexItemInternal = <TComponent extends ElementType>(
   {
     children,
     className,
@@ -75,7 +74,7 @@ const EuiFlexItemInternal = <TComponent extends ComponentPropType>(
     ...rest
   }: EuiFlexItemProps<TComponent>,
   ref: ForwardedRef<TComponent>
-) => {
+): ReactElement<EuiFlexItemProps<TComponent>, TComponent> => {
   useEffect(() => {
     if (VALID_GROW_VALUES.indexOf(grow) === -1) {
       throw new Error(
@@ -95,10 +94,11 @@ const EuiFlexItemInternal = <TComponent extends ComponentPropType>(
 
   const classes = classNames('euiFlexItem', className);
 
-  // Cast the resolved component prop type to ComponentType to help TS
-  // process multiple infers and the overall type complexity.
-  // This might not be needed in TypeScript 5
-  const Component = component as ComponentType<CommonProps & typeof rest>;
+  // Cast `component` to FunctionComponent to simplify its type.
+  // Note that FunctionComponent type is used here for purely typing
+  // convenience since we specify the return type above, and function
+  // components don't support `ref`s, but that doesn't matter in this case.
+  const Component = component as FunctionComponent<CommonProps & typeof rest>;
 
   return (
     <Component {...rest} ref={ref} css={cssStyles} className={classes}>
@@ -110,12 +110,12 @@ const EuiFlexItemInternal = <TComponent extends ComponentPropType>(
 // Cast forwardRef return type to work with the generic TComponent type
 // and not fallback to implicit any typing
 export const EuiFlexItem = forwardRef(EuiFlexItemInternal) as (<
-  TComponent extends ComponentPropType,
-  TComponentRef = ReturnType<typeof EuiFlexItemInternal>
+  TComponent extends ElementType,
+  TComponentRef = ReactElement<any, TComponent>
 >(
   props: EuiFlexItemProps<TComponent> & {
     ref?: Ref<TComponentRef>;
   }
-) => ReturnType<typeof EuiFlexItemInternal>) & { displayName?: string };
+) => ReactElement) & { displayName?: string };
 
 EuiFlexItem.displayName = 'EuiFlexItem';