diff --git a/src/main/java/io/reactivex/rxjava3/core/Maybe.java b/src/main/java/io/reactivex/rxjava3/core/Maybe.java
index 4322afaa93..6260f3e206 100644
--- a/src/main/java/io/reactivex/rxjava3/core/Maybe.java
+++ b/src/main/java/io/reactivex/rxjava3/core/Maybe.java
@@ -2672,6 +2672,7 @@ public final Single<T> defaultIfEmpty(@NonNull T defaultItem) {
     /**
      * Returns a {@code Maybe} that signals the events emitted by the current {@code Maybe} shifted forward in time by a
      * specified delay.
+     * An error signal will not be delayed.
      * <p>
      * <img width="640" height="310" src="https://raw.github.com/wiki/ReactiveX/RxJava/images/rx-operators/delay.png" alt="">
      * <dl>
@@ -2682,17 +2683,68 @@ public final Single<T> defaultIfEmpty(@NonNull T defaultItem) {
      * @param time
      *            the delay to shift the source by
      * @param unit
-     *            the {@link TimeUnit} in which {@code period} is defined
+     *            the {@link TimeUnit} in which {@code time} is defined
      * @return the new {@code Maybe} instance
      * @throws NullPointerException if {@code unit} is {@code null}
      * @see <a href="http://reactivex.io/documentation/operators/delay.html">ReactiveX operators documentation: Delay</a>
-     * @see #delay(long, TimeUnit, Scheduler)
+     * @see #delay(long, TimeUnit, Scheduler, boolean)
      */
     @CheckReturnValue
     @SchedulerSupport(SchedulerSupport.COMPUTATION)
     @NonNull
     public final Maybe<T> delay(long time, @NonNull TimeUnit unit) {
-        return delay(time, unit, Schedulers.computation());
+        return delay(time, unit, Schedulers.computation(), false);
+    }
+
+    /**
+     * Returns a {@code Maybe} that signals the events emitted by the current {@code Maybe} shifted forward in time by a
+     * specified delay.
+     * <p>
+     * <img width="640" height="310" src="https://raw.github.com/wiki/ReactiveX/RxJava/images/rx-operators/delay.png" alt="">
+     * <dl>
+     *   <dt><b>Scheduler:</b></dt>
+     *   <dd>This version of {@code delay} operates by default on the {@code computation} {@link Scheduler}.</dd>
+     * </dl>
+     *
+     * @param time the delay to shift the source by
+     * @param unit the {@link TimeUnit} in which {@code time} is defined
+     * @param delayError if {@code true}, both success and error signals are delayed. if {@code false}, only success signals are delayed.
+     * @return the new {@code Maybe} instance
+     * @throws NullPointerException if {@code unit} is {@code null}
+     * @see <a href="http://reactivex.io/documentation/operators/delay.html">ReactiveX operators documentation: Delay</a>
+     * @see #delay(long, TimeUnit, Scheduler, boolean)
+     */
+    @CheckReturnValue
+    @SchedulerSupport(SchedulerSupport.COMPUTATION)
+    @NonNull
+    public final Maybe<T> delay(long time, @NonNull TimeUnit unit, boolean delayError) {
+        return delay(time, unit, Schedulers.computation(), delayError);
+    }
+
+    /**
+     * Returns a {@code Maybe} that signals the events emitted by the current {@code Maybe} shifted forward in time by a
+     * specified delay.
+     * An error signal will not be delayed.
+     * <p>
+     * <img width="640" height="310" src="https://raw.github.com/wiki/ReactiveX/RxJava/images/rx-operators/delay.png" alt="">
+     * <dl>
+     *   <dt><b>Scheduler:</b></dt>
+     *   <dd>you specify the {@link Scheduler} where the non-blocking wait and emission happens</dd>
+     * </dl>
+     *
+     * @param time the delay to shift the source by
+     * @param unit the {@link TimeUnit} in which {@code time} is defined
+     * @param scheduler the {@code Scheduler} to use for delaying
+     * @return the new {@code Maybe} instance
+     * @throws NullPointerException if {@code unit} or {@code scheduler} is {@code null}
+     * @see <a href="http://reactivex.io/documentation/operators/delay.html">ReactiveX operators documentation: Delay</a>
+     * @see #delay(long, TimeUnit, Scheduler, boolean)
+     */
+    @CheckReturnValue
+    @SchedulerSupport(SchedulerSupport.CUSTOM)
+    @NonNull
+    public final Maybe<T> delay(long time, @NonNull TimeUnit unit, @NonNull Scheduler scheduler) {
+        return delay(time, unit, scheduler, false);
     }
 
     /**
@@ -2708,9 +2760,10 @@ public final Maybe<T> delay(long time, @NonNull TimeUnit unit) {
      * @param time
      *            the delay to shift the source by
      * @param unit
-     *            the time unit of {@code delay}
+     *            the {@link TimeUnit} in which {@code time} is defined
      * @param scheduler
      *            the {@code Scheduler} to use for delaying
+     * @param delayError if {@code true}, both success and error signals are delayed. if {@code false}, only success signals are delayed.
      * @return the new {@code Maybe} instance
      * @throws NullPointerException if {@code unit} or {@code scheduler} is {@code null}
      * @see <a href="http://reactivex.io/documentation/operators/delay.html">ReactiveX operators documentation: Delay</a>
@@ -2718,10 +2771,10 @@ public final Maybe<T> delay(long time, @NonNull TimeUnit unit) {
     @CheckReturnValue
     @NonNull
     @SchedulerSupport(SchedulerSupport.CUSTOM)
-    public final Maybe<T> delay(long time, @NonNull TimeUnit unit, @NonNull Scheduler scheduler) {
+    public final Maybe<T> delay(long time, @NonNull TimeUnit unit, @NonNull Scheduler scheduler, boolean delayError) {
         Objects.requireNonNull(unit, "unit is null");
         Objects.requireNonNull(scheduler, "scheduler is null");
-        return RxJavaPlugins.onAssembly(new MaybeDelay<>(this, Math.max(0L, time), unit, scheduler));
+        return RxJavaPlugins.onAssembly(new MaybeDelay<>(this, Math.max(0L, time), unit, scheduler, delayError));
     }
 
     /**
diff --git a/src/main/java/io/reactivex/rxjava3/internal/operators/maybe/MaybeDelay.java b/src/main/java/io/reactivex/rxjava3/internal/operators/maybe/MaybeDelay.java
index 6885763cbd..3e6922a339 100644
--- a/src/main/java/io/reactivex/rxjava3/internal/operators/maybe/MaybeDelay.java
+++ b/src/main/java/io/reactivex/rxjava3/internal/operators/maybe/MaybeDelay.java
@@ -33,16 +33,19 @@ public final class MaybeDelay<T> extends AbstractMaybeWithUpstream<T, T> {
 
     final Scheduler scheduler;
 
-    public MaybeDelay(MaybeSource<T> source, long delay, TimeUnit unit, Scheduler scheduler) {
+    final boolean delayError;
+
+    public MaybeDelay(MaybeSource<T> source, long delay, TimeUnit unit, Scheduler scheduler, boolean delayError) {
         super(source);
         this.delay = delay;
         this.unit = unit;
         this.scheduler = scheduler;
+        this.delayError = delayError;
     }
 
     @Override
     protected void subscribeActual(MaybeObserver<? super T> observer) {
-        source.subscribe(new DelayMaybeObserver<>(observer, delay, unit, scheduler));
+        source.subscribe(new DelayMaybeObserver<>(observer, delay, unit, scheduler, delayError));
     }
 
     static final class DelayMaybeObserver<T>
@@ -59,15 +62,18 @@ static final class DelayMaybeObserver<T>
 
         final Scheduler scheduler;
 
+        final boolean delayError;
+
         T value;
 
         Throwable error;
 
-        DelayMaybeObserver(MaybeObserver<? super T> actual, long delay, TimeUnit unit, Scheduler scheduler) {
+        DelayMaybeObserver(MaybeObserver<? super T> actual, long delay, TimeUnit unit, Scheduler scheduler, boolean delayError) {
             this.downstream = actual;
             this.delay = delay;
             this.unit = unit;
             this.scheduler = scheduler;
+            this.delayError = delayError;
         }
 
         @Override
@@ -105,21 +111,21 @@ public void onSubscribe(Disposable d) {
         @Override
         public void onSuccess(T value) {
             this.value = value;
-            schedule();
+            schedule(delay);
         }
 
         @Override
         public void onError(Throwable e) {
             this.error = e;
-            schedule();
+            schedule(delayError ? delay : 0);
         }
 
         @Override
         public void onComplete() {
-            schedule();
+            schedule(delay);
         }
 
-        void schedule() {
+        void schedule(long delay) {
             DisposableHelper.replace(this, scheduler.scheduleDirect(this, delay, unit));
         }
     }
diff --git a/src/test/java/io/reactivex/rxjava3/internal/operators/maybe/MaybeDelayTest.java b/src/test/java/io/reactivex/rxjava3/internal/operators/maybe/MaybeDelayTest.java
index 747b96faf1..14448c3f2c 100644
--- a/src/test/java/io/reactivex/rxjava3/internal/operators/maybe/MaybeDelayTest.java
+++ b/src/test/java/io/reactivex/rxjava3/internal/operators/maybe/MaybeDelayTest.java
@@ -96,4 +96,32 @@ public Maybe<Object> apply(Maybe<Object> f) throws Exception {
             }
         });
     }
+
+    @Test
+    public void delayedErrorOnSuccess() {
+        final TestScheduler scheduler = new TestScheduler();
+        final TestObserver<Integer> observer = Maybe.just(1)
+                .delay(5, TimeUnit.SECONDS, scheduler, true)
+                .test();
+
+        scheduler.advanceTimeTo(2, TimeUnit.SECONDS);
+        observer.assertNoValues();
+
+        scheduler.advanceTimeTo(5, TimeUnit.SECONDS);
+        observer.assertValue(1);
+    }
+
+    @Test
+    public void delayedErrorOnError() {
+        final TestScheduler scheduler = new TestScheduler();
+        final TestObserver<?> observer = Maybe.error(new TestException())
+                .delay(5, TimeUnit.SECONDS, scheduler, true)
+                .test();
+
+        scheduler.advanceTimeTo(2, TimeUnit.SECONDS);
+        observer.assertNoErrors();
+
+        scheduler.advanceTimeTo(5, TimeUnit.SECONDS);
+        observer.assertError(TestException.class);
+    }
 }
diff --git a/src/test/java/io/reactivex/rxjava3/validators/ParamValidationCheckerTest.java b/src/test/java/io/reactivex/rxjava3/validators/ParamValidationCheckerTest.java
index 403a83964a..7eff55d15e 100644
--- a/src/test/java/io/reactivex/rxjava3/validators/ParamValidationCheckerTest.java
+++ b/src/test/java/io/reactivex/rxjava3/validators/ParamValidationCheckerTest.java
@@ -289,6 +289,8 @@ public void checkParallelFlowable() {
         // negative time is considered as zero time
         addOverride(new ParamOverride(Maybe.class, 0, ParamMode.ANY, "delay", Long.TYPE, TimeUnit.class));
         addOverride(new ParamOverride(Maybe.class, 0, ParamMode.ANY, "delay", Long.TYPE, TimeUnit.class, Scheduler.class));
+        addOverride(new ParamOverride(Maybe.class, 0, ParamMode.ANY, "delay", Long.TYPE, TimeUnit.class, Boolean.TYPE));
+        addOverride(new ParamOverride(Maybe.class, 0, ParamMode.ANY, "delay", Long.TYPE, TimeUnit.class, Scheduler.class, Boolean.TYPE));
 
         // zero repeat is allowed
         addOverride(new ParamOverride(Maybe.class, 0, ParamMode.NON_NEGATIVE, "repeat", Long.TYPE));