diff --git a/.changeset/little-items-lay.md b/.changeset/little-items-lay.md
new file mode 100644
index 00000000000..0dd01fe5cdf
--- /dev/null
+++ b/.changeset/little-items-lay.md
@@ -0,0 +1,5 @@
+---
+'@itwin/itwinui-react': patch
+---
+
+Type declarations are now generated using `"module": "NodeNext"`.
diff --git a/.changeset/violet-lemons-exercise.md b/.changeset/violet-lemons-exercise.md
new file mode 100644
index 00000000000..250ec1980b0
--- /dev/null
+++ b/.changeset/violet-lemons-exercise.md
@@ -0,0 +1,5 @@
+---
+'@itwin/itwinui-react': patch
+---
+
+The `"exports"` fallback for `/react-table` types is now handled using [`typesVersions`](https://www.typescriptlang.org/docs/handbook/declaration-files/publishing.html#version-selection-with-typesversions).
diff --git a/packages/itwinui-react/package.json b/packages/itwinui-react/package.json
index f8a7c4626e9..46fea0ddd39 100644
--- a/packages/itwinui-react/package.json
+++ b/packages/itwinui-react/package.json
@@ -24,21 +24,26 @@
       },
       "require": {
         "types": "./cjs/react-table/react-table.d.ts"
-      },
-      "types": "./react-table.d.ts"
+      }
     },
     "./styles.css": "./styles.css",
     "./cjs": "./cjs/index.js",
     "./esm": "./esm/index.js",
     "./package.json": "./package.json"
   },
+  "typesVersions": {
+    "*": {
+      "react-table": [
+        "./esm/react-table/react-table.d.ts"
+      ]
+    }
+  },
   "files": [
     "cjs",
     "esm",
     "styles.css",
     "CHANGELOG.md",
-    "LICENSE.md",
-    "react-table.d.ts"
+    "LICENSE.md"
   ],
   "description": "A react component library for iTwinUI",
   "homepage": "https://github.com/iTwin/iTwinUI",
@@ -64,7 +69,7 @@
   "scripts": {
     "build": "pnpm clean:build && pnpm build:js && pnpm build:styles && pnpm build:types && pnpm build:post",
     "build:js": "node ./scripts/build.mjs",
-    "build:types": "tsc -p tsconfig.cjs.json && tsc -p tsconfig.esm.json && tsc -p tsconfig.react-table.json",
+    "build:types": "tsc -p tsconfig.build.json --outDir esm && tsc -p tsconfig.build.json --outDir cjs",
     "build:styles": "vite build src/styles.js",
     "build:post": "node ./scripts/postBuild.mjs",
     "clean:build": "rimraf esm && rimraf cjs && rimraf react-table.d.ts",
@@ -80,7 +85,7 @@
     "dev": "pnpm clean:build && concurrently \"pnpm dev:esm\" \"pnpm dev:cjs\" \"pnpm build:styles --watch\" \"pnpm dev:types\"",
     "dev:esm": "swc src -d esm --watch --strip-leading-paths",
     "dev:cjs": "swc src -d cjs --watch --strip-leading-paths -C module.type=commonjs",
-    "dev:types": "concurrently \"tsc -p tsconfig.cjs.json --emitDeclarationOnly --watch --preserveWatchOutput\" \"tsc -p tsconfig.esm.json --emitDeclarationOnly --watch --preserveWatchOutput\" \"tsc -p tsconfig.react-table.json --watch --preserveWatchOutput\"",
+    "dev:types": "concurrently \"tsc -p tsconfig.build.json --outDir esm --watch --preserveWatchOutput\" \"tsc -p tsconfig.build.json --outDir cjs --watch --preserveWatchOutput\"",
     "dev:styles": "pnpm build:styles --watch"
   },
   "dependencies": {
diff --git a/packages/itwinui-react/tsconfig.cjs.json b/packages/itwinui-react/tsconfig.cjs.json
deleted file mode 100644
index 20a77b5747c..00000000000
--- a/packages/itwinui-react/tsconfig.cjs.json
+++ /dev/null
@@ -1,10 +0,0 @@
-{
-  "extends": "./tsconfig.build.json",
-  "compilerOptions": {
-    "outDir": "cjs",
-    "module": "commonjs",
-
-    // reverting this back because not supported in CJS
-    "verbatimModuleSyntax": false
-  }
-}
diff --git a/packages/itwinui-react/tsconfig.esm.json b/packages/itwinui-react/tsconfig.esm.json
deleted file mode 100644
index 8aba9218200..00000000000
--- a/packages/itwinui-react/tsconfig.esm.json
+++ /dev/null
@@ -1,7 +0,0 @@
-{
-  "extends": "./tsconfig.build.json",
-  "compilerOptions": {
-    "outDir": "esm",
-    "module": "esnext"
-  }
-}
diff --git a/packages/itwinui-react/tsconfig.json b/packages/itwinui-react/tsconfig.json
index 0be0dd97737..1e5378179dc 100644
--- a/packages/itwinui-react/tsconfig.json
+++ b/packages/itwinui-react/tsconfig.json
@@ -2,7 +2,7 @@
   "$schema": "https://json.schemastore.org/tsconfig",
   "compilerOptions": {
     "target": "es2020",
-    "module": "esnext",
+    "module": "NodeNext",
     "lib": ["esnext", "dom"],
     "declaration": true,
     "esModuleInterop": true,
diff --git a/packages/itwinui-react/tsconfig.react-table.json b/packages/itwinui-react/tsconfig.react-table.json
deleted file mode 100644
index 10da6c67841..00000000000
--- a/packages/itwinui-react/tsconfig.react-table.json
+++ /dev/null
@@ -1,10 +0,0 @@
-{
-  "extends": "./tsconfig.json",
-  "files": ["src/react-table/react-table.ts"],
-  "compilerOptions": {
-    "outDir": ".",
-    "noUnusedLocals": false,
-    "importHelpers": true,
-    "emitDeclarationOnly": true
-  }
-}