diff --git a/lib/sprockets/path_utils.rb b/lib/sprockets/path_utils.rb
index 53d19c6e6..f6427fac3 100644
--- a/lib/sprockets/path_utils.rb
+++ b/lib/sprockets/path_utils.rb
@@ -148,16 +148,19 @@ def path_extnames(path)
     #
     # Returns [String extname, Object value] or nil nothing matched.
     def match_path_extname(path, extensions)
-      match, key = nil, ""
-      path_extnames(path).reverse_each do |extname|
-        key.prepend(extname)
-        if value = extensions[key]
-          match = [key.dup, value]
-        elsif match
-          break
+      basename = File.basename(path)
+
+      i = basename.index('.'.freeze)
+      while i && i < basename.length - 1
+        extname = basename[i..-1]
+        if value = extensions[extname]
+          return extname, value
         end
+
+        i = basename.index('.'.freeze, i+1)
       end
-      match
+
+      nil
     end
 
     # Internal: Returns all parents for path
diff --git a/test/test_path_utils.rb b/test/test_path_utils.rb
index 59f3b5154..e6362d92d 100644
--- a/test/test_path_utils.rb
+++ b/test/test_path_utils.rb
@@ -170,6 +170,9 @@ def test_match_path_extname
     refute match_path_extname("jquery.map", extensions)
     refute match_path_extname("jquery.map.js", extensions)
     refute match_path_extname("jquery.map.css", extensions)
+
+    extensions = { ".coffee" => "application/coffeescript", ".js" => "application/javascript", ".js.jsx.coffee" => "application/jsx+coffee" }
+    assert_equal [".js.jsx.coffee", "application/jsx+coffee"], match_path_extname("component.js.jsx.coffee", extensions)
   end
 
   def test_path_parents