diff --git a/src/syrupy/assertion.py b/src/syrupy/assertion.py
index 35c301dd6..328afb47c 100644
--- a/src/syrupy/assertion.py
+++ b/src/syrupy/assertion.py
@@ -45,6 +45,7 @@ class AssertionResult:
     updated: bool
     success: bool
     exception: Optional[Exception]
+    test_location: "PyTestLocation"
 
     @property
     def final_data(self) -> Optional["SerializedData"]:
@@ -303,14 +304,15 @@ def _assert(self, data: "SerializableData") -> bool:
             snapshot_updated = matches is False and assertion_success
             self._execution_name_index[self.index] = self._executions
             self._execution_results[self._executions] = AssertionResult(
+                asserted_data=serialized_data,
+                created=snapshot_created,
+                exception=assertion_exception,
+                recalled_data=snapshot_data,
                 snapshot_location=snapshot_location,
                 snapshot_name=snapshot_name,
-                recalled_data=snapshot_data,
-                asserted_data=serialized_data,
                 success=assertion_success,
-                created=snapshot_created,
+                test_location=self.test_location,
                 updated=snapshot_updated,
-                exception=assertion_exception,
             )
             self._executions += 1
             self._post_assert()
diff --git a/src/syrupy/location.py b/src/syrupy/location.py
index 3d8fe2d44..0f955bb82 100644
--- a/src/syrupy/location.py
+++ b/src/syrupy/location.py
@@ -15,7 +15,7 @@
 
 @dataclass
 class PyTestLocation:
-    _node: "pytest.Item"
+    item: "pytest.Item"
     nodename: Optional[str] = field(init=False)
     testname: str = field(init=False)
     methodname: str = field(init=False)
@@ -28,16 +28,16 @@ def __post_init__(self) -> None:
         self.__attrs_post_init_def__()
 
     def __attrs_post_init_def__(self) -> None:
-        node_path: Path = getattr(self._node, "path")  # noqa: B009
+        node_path: Path = getattr(self.item, "path")  # noqa: B009
         self.filepath = str(node_path.absolute())
-        obj = getattr(self._node, "obj")  # noqa: B009
+        obj = getattr(self.item, "obj")  # noqa: B009
         self.modulename = obj.__module__
         self.methodname = obj.__name__
-        self.nodename = getattr(self._node, "name", None)
+        self.nodename = getattr(self.item, "name", None)
         self.testname = self.nodename or self.methodname
 
     def __attrs_post_init_doc__(self) -> None:
-        doctest = getattr(self._node, "dtest")  # noqa: B009
+        doctest = getattr(self.item, "dtest")  # noqa: B009
         self.filepath = doctest.filename
         test_relfile, test_node = self.nodeid.split(PYTEST_NODE_SEP)
         test_relpath = Path(test_relfile)
@@ -64,7 +64,7 @@ def nodeid(self) -> str:
         :raises: `AttributeError` if node has no node id
         :return: test node id
         """
-        return str(getattr(self._node, "nodeid"))  # noqa: B009
+        return str(getattr(self.item, "nodeid"))  # noqa: B009
 
     @property
     def basename(self) -> str:
@@ -78,7 +78,7 @@ def snapshot_name(self) -> str:
 
     @property
     def is_doctest(self) -> bool:
-        return self.__is_doctest(self._node)
+        return self.__is_doctest(self.item)
 
     def __is_doctest(self, node: "pytest.Item") -> bool:
         return hasattr(node, "dtest")
diff --git a/src/syrupy/report.py b/src/syrupy/report.py
index 4088be4e7..cb6c7da80 100644
--- a/src/syrupy/report.py
+++ b/src/syrupy/report.py
@@ -22,6 +22,8 @@
     Set,
 )
 
+from _pytest.skipping import xfailed_key
+
 from .constants import PYTEST_NODE_SEP
 from .data import (
     Snapshot,
@@ -70,6 +72,7 @@ class SnapshotReport:
     used: "SnapshotCollections" = field(default_factory=SnapshotCollections)
     _provided_test_paths: Dict[str, List[str]] = field(default_factory=dict)
     _keyword_expressions: Set["Expression"] = field(default_factory=set)
+    _num_xfails: int = field(default=0)
 
     @property
     def update_snapshots(self) -> bool:
@@ -89,6 +92,14 @@ def _collected_items_by_nodeid(self) -> Dict[str, "pytest.Item"]:
             getattr(item, "nodeid"): item for item in self.collected_items  # noqa: B009
         }
 
+    def _has_xfail(self, item: "pytest.Item") -> bool:
+        # xfailed_key is 'private'. I'm open to a better way to do this:
+        if xfailed_key in item.stash:
+            result = item.stash[xfailed_key]
+            if result:
+                return result.run
+        return False
+
     def __post_init__(self) -> None:
         self.__parse_invocation_args()
 
@@ -113,6 +124,7 @@ def __post_init__(self) -> None:
                     Snapshot(name=result.snapshot_name, data=result.final_data)
                 )
                 self.used.update(snapshot_collection)
+
                 if result.created:
                     self.created.update(snapshot_collection)
                 elif result.updated:
@@ -120,6 +132,9 @@ def __post_init__(self) -> None:
                 elif result.success:
                     self.matched.update(snapshot_collection)
                 else:
+                    has_xfail = self._has_xfail(item=result.test_location.item)
+                    if has_xfail:
+                        self._num_xfails += 1
                     self.failed.update(snapshot_collection)
 
     def __parse_invocation_args(self) -> None:
@@ -161,7 +176,7 @@ def __parse_invocation_args(self) -> None:
     def num_created(self) -> int:
         return self._count_snapshots(self.created)
 
-    @property
+    @cached_property
     def num_failed(self) -> int:
         return self._count_snapshots(self.failed)
 
@@ -256,14 +271,30 @@ def lines(self) -> Iterator[str]:
         ```
         """
         summary_lines: List[str] = []
-        if self.num_failed:
-            summary_lines.append(
-                ngettext(
-                    "{} snapshot failed.",
-                    "{} snapshots failed.",
-                    self.num_failed,
-                ).format(error_style(self.num_failed))
-            )
+        if self.num_failed and self._num_xfails < self.num_failed:
+            if self._num_xfails:
+                summary_lines.append(
+                    ngettext(
+                        "{} snapshot failed.",
+                        "{} snapshots failed.",
+                        self.num_failed - self._num_xfails,
+                    ).format(error_style(self.num_failed - self._num_xfails)),
+                )
+                summary_lines.append(
+                    ngettext(
+                        "{} snapshot xfailed.",
+                        "{} snapshots xfailed.",
+                        self._num_xfails,
+                    ).format(warning_style(self._num_xfails)),
+                )
+            else:
+                summary_lines.append(
+                    ngettext(
+                        "{} snapshot failed.",
+                        "{} snapshots failed.",
+                        self.num_failed,
+                    ).format(error_style(self.num_failed))
+                )
         if self.num_matched:
             summary_lines.append(
                 ngettext(
diff --git a/tests/integration/test_xfail.py b/tests/integration/test_xfail.py
new file mode 100644
index 000000000..5113717f9
--- /dev/null
+++ b/tests/integration/test_xfail.py
@@ -0,0 +1,54 @@
+def test_no_failure_printed_if_all_failures_xfailed(testdir):
+    testdir.makepyfile(
+        test_file=(
+            """
+        import pytest
+
+        @pytest.mark.xfail(reason="Failure expected.")
+        def test_a(snapshot):
+            assert snapshot == 'does-not-exist'
+        """
+        )
+    )
+    result = testdir.runpytest("-v")
+    result.stdout.no_re_match_line((r".*snapshot failed*"))
+    assert result.ret == 0
+
+
+def test_failures_printed_if_only_some_failures_xfailed(testdir):
+    testdir.makepyfile(
+        test_file=(
+            """
+        import pytest
+
+        @pytest.mark.xfail(reason="Failure expected.")
+        def test_a(snapshot):
+            assert snapshot == 'does-not-exist'
+
+        def test_b(snapshot):
+            assert snapshot == 'other'
+        """
+        )
+    )
+    result = testdir.runpytest("-v")
+    result.stdout.re_match_lines((r".*1 snapshot failed*"))
+    result.stdout.re_match_lines((r".*1 snapshot xfailed*"))
+    assert result.ret == 1
+
+
+def test_failure_printed_if_xfail_does_not_run(testdir):
+    testdir.makepyfile(
+        test_file=(
+            """
+        import pytest
+
+        @pytest.mark.xfail(False, reason="Failure expected.")
+        def test_a(snapshot):
+            assert snapshot == 'does-not-exist'
+        """
+        )
+    )
+    result = testdir.runpytest("-v")
+    result.stdout.re_match_lines((r".*1 snapshot failed*"))
+    result.stdout.no_re_match_line((r".*1 snapshot xfailed*"))
+    assert result.ret == 1
diff --git a/tests/syrupy/extensions/amber/test_amber_snapshot_diff.py b/tests/syrupy/extensions/amber/test_amber_snapshot_diff.py
index 71cef861f..9dcff6149 100644
--- a/tests/syrupy/extensions/amber/test_amber_snapshot_diff.py
+++ b/tests/syrupy/extensions/amber/test_amber_snapshot_diff.py
@@ -51,9 +51,9 @@ def test_snapshot_diff_id(snapshot):
     assert dictCase3 == snapshot(name="case3", diff="large snapshot")
 
 
+@pytest.mark.xfail(reason="Asserting snapshot does not exist")
 def test_snapshot_no_diff_raises_exception(snapshot):
     my_dict = {
         "field_0": "value_0",
     }
-    with pytest.raises(AssertionError, match="SnapshotDoesNotExist"):
-        assert my_dict == snapshot(diff="does not exist index")
+    assert my_dict == snapshot(diff="does not exist index")