diff --git a/changelogs/fragments/5489-nonetype-in-get-vm-by-label.yml b/changelogs/fragments/5489-nonetype-in-get-vm-by-label.yml
new file mode 100644
index 0000000000..8b0d92ec40
--- /dev/null
+++ b/changelogs/fragments/5489-nonetype-in-get-vm-by-label.yml
@@ -0,0 +1,2 @@
+bugfixes:
+  - one_vm - avoid splitting labels that are ``None`` (https://github.com/ansible-collections/community.general/pull/5489).
\ No newline at end of file
diff --git a/plugins/modules/one_vm.py b/plugins/modules/one_vm.py
index 6bfc793603..7122907d38 100644
--- a/plugins/modules/one_vm.py
+++ b/plugins/modules/one_vm.py
@@ -970,7 +970,7 @@ def get_vm_labels_and_attributes_dict(client, vm_id):
         if key != 'LABELS':
             attrs_dict[key] = value
         else:
-            if key is not None:
+            if key is not None and value is not None:
                 labels_list = value.split(',')
 
     return labels_list, attrs_dict