diff --git a/components/breadcrumb/BreadcrumbItem.tsx b/components/breadcrumb/BreadcrumbItem.tsx
index f4644dc38e..d367d519c7 100644
--- a/components/breadcrumb/BreadcrumbItem.tsx
+++ b/components/breadcrumb/BreadcrumbItem.tsx
@@ -48,8 +48,14 @@ const BreadcrumbItem: CompoundedComponent = (props) => {
   /** If overlay is have Wrap a Dropdown */
   const renderBreadcrumbNode = (breadcrumbItem: React.ReactNode) => {
     if (menu || overlay) {
+      const mergeDropDownProps: DropdownProps = {
+        ...dropdownProps,
+      };
+      if ('overlay' in props) {
+        mergeDropDownProps.overlay = overlay;
+      }
       return (
-        <Dropdown menu={menu} overlay={overlay} placement="bottom" {...dropdownProps}>
+        <Dropdown menu={menu} placement="bottom" {...mergeDropDownProps}>
           <span className={`${prefixCls}-overlay-link`}>
             {breadcrumbItem}
             <DownOutlined />
diff --git a/components/breadcrumb/__tests__/Breadcrumb.test.tsx b/components/breadcrumb/__tests__/Breadcrumb.test.tsx
index 598b33591b..b7b88845cc 100644
--- a/components/breadcrumb/__tests__/Breadcrumb.test.tsx
+++ b/components/breadcrumb/__tests__/Breadcrumb.test.tsx
@@ -46,6 +46,30 @@ describe('Breadcrumb', () => {
     );
   });
 
+  // https://github.com/ant-design/ant-design/issues/40204
+  it('wrong overlay deprecation warning in Dropdown', () => {
+    const items = [
+      {
+        key: '1',
+        label: (
+          <a target="_blank" rel="noopener noreferrer" href="http://www.alipay.com/">
+            General
+          </a>
+        ),
+      },
+    ];
+    render(
+      <Breadcrumb>
+        <Breadcrumb.Item menu={{ items }}>
+          <a href="">General</a>
+        </Breadcrumb.Item>
+      </Breadcrumb>,
+    );
+    expect(errorSpy).not.toHaveBeenCalledWith(
+      'Warning: [antd: Dropdown] `overlay` is deprecated. Please use `menu` instead.',
+    );
+  });
+
   // https://github.com/ant-design/ant-design/issues/5015
   it('should allow Breadcrumb.Item is null or undefined', () => {
     const { asFragment } = render(