--- - |2 Retrospective peer victimization reports may be inaccurate. With an ethnically and sexually diverse sample, this study compared adolescents’ self‐reported peer victimization in 6th grade to their own retrospective reports of 6th‐grade victimization when they were in the 12th grade, controlling for past and current adjustment. Overall, 12th graders’ retrospective victimization reports correlated with their own earlier 6th‐grade self‐reports and there was a general tendency to underreport retrospectively. Underreporters were distinguished by worse past 6th‐grade adjustment, whereas overreporters were distinguished by worse current (12th‐grade) adjustment. Higher current depressive symptoms and social anxiety, and lower current self‐worth may be important control variables when collecting retrospective reports of victimization because current adjustment may augment participants’ recollection of past experiences. - Journal of Research on Adolescence, EarlyView.