diff --git a/crates/ruff_python_formatter/resources/test/fixtures/ruff/expression/binary.py b/crates/ruff_python_formatter/resources/test/fixtures/ruff/expression/binary.py
index 1ea6d78e15..b77a52689d 100644
--- a/crates/ruff_python_formatter/resources/test/fixtures/ruff/expression/binary.py
+++ b/crates/ruff_python_formatter/resources/test/fixtures/ruff/expression/binary.py
@@ -206,6 +206,11 @@ if (
 for user_id in set(target_user_ids) - {u.user_id for u in updates}:
     updates.append(UserPresenceState.default(user_id))
 
+# If either operator is parenthesized, use non-simple formatting.
+# See: https://github.com/astral-sh/ruff/issues/7318.
+10**(2)
+10**2
+
 # Keeps parenthesized left hand sides
 (
     log(self.price / self.strike)
diff --git a/crates/ruff_python_formatter/src/expression/binary_like.rs b/crates/ruff_python_formatter/src/expression/binary_like.rs
index a63fb3a21c..55e55c8037 100644
--- a/crates/ruff_python_formatter/src/expression/binary_like.rs
+++ b/crates/ruff_python_formatter/src/expression/binary_like.rs
@@ -466,8 +466,11 @@ impl Format<PyFormatContext<'_>> for BinaryLike<'_> {
     }
 }
 
-const fn is_simple_power_expression(left: &Expr, right: &Expr) -> bool {
-    is_simple_power_operand(left) && is_simple_power_operand(right)
+fn is_simple_power_expression(left: &Expr, right: &Expr, source: &str) -> bool {
+    is_simple_power_operand(left)
+        && is_simple_power_operand(right)
+        && !is_expression_parenthesized(left.into(), source)
+        && !is_expression_parenthesized(right.into(), source)
 }
 
 /// Return `true` if an [`Expr`] adheres to [Black's definition](https://black.readthedocs.io/en/stable/the_black_code_style/current_style.html#line-breaks-binary-operators)
@@ -661,6 +664,7 @@ impl Format<PyFormatContext<'_>> for FlatBinaryExpressionSlice<'_> {
                     && is_simple_power_expression(
                         left.last_operand().expression(),
                         right.first_operand().expression(),
+                        f.context().source(),
                     );
 
                 if let Some(leading) = left.first_operand().leading_binary_comments() {
diff --git a/crates/ruff_python_formatter/tests/snapshots/format@expression__binary.py.snap b/crates/ruff_python_formatter/tests/snapshots/format@expression__binary.py.snap
index 2e8975b248..849e9974cb 100644
--- a/crates/ruff_python_formatter/tests/snapshots/format@expression__binary.py.snap
+++ b/crates/ruff_python_formatter/tests/snapshots/format@expression__binary.py.snap
@@ -212,6 +212,11 @@ if (
 for user_id in set(target_user_ids) - {u.user_id for u in updates}:
     updates.append(UserPresenceState.default(user_id))
 
+# If either operator is parenthesized, use non-simple formatting.
+# See: https://github.com/astral-sh/ruff/issues/7318.
+10**(2)
+10**2
+
 # Keeps parenthesized left hand sides
 (
     log(self.price / self.strike)
@@ -657,6 +662,11 @@ if (
 for user_id in set(target_user_ids) - {u.user_id for u in updates}:
     updates.append(UserPresenceState.default(user_id))
 
+# If either operator is parenthesized, use non-simple formatting.
+# See: https://github.com/astral-sh/ruff/issues/7318.
+10 ** (2)
+10**2
+
 # Keeps parenthesized left hand sides
 (
     log(self.price / self.strike)