diff --git a/changelogs/fragments/ansible-test-test-source-message.yml b/changelogs/fragments/ansible-test-test-source-message.yml
new file mode 100644
index 00000000000..71999097f1d
--- /dev/null
+++ b/changelogs/fragments/ansible-test-test-source-message.yml
@@ -0,0 +1,2 @@
+bugfixes:
+    - ansible-test now shows the correct source path instead of ``%s`` for collection role based test targets when the ``-v`` option is used
diff --git a/test/lib/ansible_test/_internal/provider/layout/collection.py b/test/lib/ansible_test/_internal/provider/layout/collection.py
index 77fc43e0460..7740b996442 100644
--- a/test/lib/ansible_test/_internal/provider/layout/collection.py
+++ b/test/lib/ansible_test/_internal/provider/layout/collection.py
@@ -98,7 +98,7 @@ class CollectionLayout(LayoutProvider):
             messages.info.append('Falling back to tests in "%s" because "%s" was not found.' % (legacy_integration_path, modern_integration_path))
             integration_targets_path = legacy_integration_path
         elif modern_integration_path_found:
-            messages.info.append('Loading tests from "%s".')
+            messages.info.append('Loading tests from "%s".' % modern_integration_path)
             integration_targets_path = modern_integration_path
         else:
             messages.error.append('Cannot run integration tests without "%s" or "%s".' % (modern_integration_path, legacy_integration_path))