diff --git a/docs/release-notes/version-3.0.md b/docs/release-notes/version-3.0.md
index 8c2d3cbad..6fe9948a0 100644
--- a/docs/release-notes/version-3.0.md
+++ b/docs/release-notes/version-3.0.md
@@ -10,6 +10,7 @@
 
 * [#7752](https://github.com/netbox-community/netbox/issues/7752) - Fix minimum version check under Python v3.10
 * [#7766](https://github.com/netbox-community/netbox/issues/7766) - Add missing outer dimension columns to rack table
+* [#7780](https://github.com/netbox-community/netbox/issues/7780) - Preserve mutli-line values during CSV file import
 * [#7783](https://github.com/netbox-community/netbox/issues/7783) - Fix indentation of locations under site view
 
 ---
diff --git a/netbox/utilities/forms/fields.py b/netbox/utilities/forms/fields.py
index 2561c2e22..d9f1719ec 100644
--- a/netbox/utilities/forms/fields.py
+++ b/netbox/utilities/forms/fields.py
@@ -224,7 +224,7 @@ class CSVFileField(forms.FileField):
             return None
 
         csv_str = file.read().decode('utf-8').strip()
-        reader = csv.reader(csv_str.splitlines())
+        reader = csv.reader(StringIO(csv_str))
         headers, records = parse_csv(reader)
 
         return headers, records