diff --git a/FileDeduplicator.Test/VerbOutputTests.cs b/FileDeduplicator.Test/VerbOutputTests.cs
index 42d8f80..f650ade 100644
--- a/FileDeduplicator.Test/VerbOutputTests.cs
+++ b/FileDeduplicator.Test/VerbOutputTests.cs
@@ -121,6 +121,54 @@ public void StatsReportsTotalsForTheTree()
 		Assert.IsTrue(doomed.TrueForAll(TempTree.Exists), "Stats deleted a file.");
 	}
 
+	/// <summary>
+	/// A file Stats cannot hash is reported as unreadable, not counted as a duplicate or in the size.
+	/// </summary>
+	/// <remarks>
+	/// Held open with <see cref="FileShare.None"/> rather than stripped of its permissions, because a
+	/// process running as root reads through permissions but .NET enforces the share lock on every
+	/// platform. Before ktsu-dev/FileDeduplicator#137 this tree reported one duplicate file and zero
+	/// duplicate groups.
+	/// </remarks>
+	[TestMethod]
+	public void StatsReportsAFileItCannotHashAsUnreadable()
+	{
+		// Arrange
+		using TempTree tree = new();
+		_ = tree.Write("a.txt", "alpha");
+		_ = tree.Write("b.txt", "beta");
+		AbsoluteFilePath locked = tree.Write("locked.txt", "gamma");
+		using FileStream holder = new(locked.WeakString, FileMode.Open, FileAccess.ReadWrite, FileShare.None);
+
+		// Act
+		string output = ConsoleCapture.Normalize(ConsoleCapture.Run(new Stats { PathString = tree.Root.WeakString }));
+
+		// Assert -- the two readable files are 9 B and unique
+		Assert.Contains("Total files: 3", output);
+		Assert.Contains("Unreadable files: 1", output);
+		Assert.Contains("Total size: 9 B", output);
+		Assert.Contains("Unique files: 2", output);
+		Assert.Contains("Duplicate files: 0", output);
+		Assert.Contains("Duplicate groups: 0", output);
+	}
+
+	/// <summary>
+	/// A tree where every file hashes has no unreadable line at all.
+	/// </summary>
+	[TestMethod]
+	public void StatsOmitsTheUnreadableLineWhenEveryFileHashes()
+	{
+		// Arrange
+		using TempTree tree = new();
+		WriteOneGroup(tree, out _, out _);
+
+		// Act
+		string output = ConsoleCapture.Normalize(ConsoleCapture.Run(new Stats { PathString = tree.Root.WeakString }));
+
+		// Assert
+		Assert.DoesNotContain("Unreadable files:", output);
+	}
+
 	/// <summary>
 	/// A tree with nothing duplicated says so, in every verb that looks for duplicates.
 	/// </summary>
diff --git a/FileDeduplicator/Verbs/Stats.cs b/FileDeduplicator/Verbs/Stats.cs
index 2ad684f..f04bbc4 100644
--- a/FileDeduplicator/Verbs/Stats.cs
+++ b/FileDeduplicator/Verbs/Stats.cs
@@ -55,13 +55,22 @@ internal override void Run(Stats options)
 		Dictionary<string, List<AbsoluteFilePath>> hashGroups = Deduplicator.GroupByHash(fileHashes);
 		IReadOnlyList<DuplicateGroup> duplicates = Deduplicator.FindDuplicates(hashGroups);
 
-		long totalSize = files.Sum(f => new FileInfo(f.WeakString).Length);
+		// Every count below is taken over the files that hashed. HashFiles drops a file it cannot
+		// read, so counting against the scanned list would report each one as a duplicate of nothing,
+		// and sizing it would throw if it had vanished since the scan.
+		long totalSize = fileHashes.Keys.Sum(f => new FileInfo(f.WeakString).Length);
 		int uniqueFiles = hashGroups.Count;
-		int duplicateFiles = files.Count - uniqueFiles;
+		int duplicateFiles = fileHashes.Count - uniqueFiles;
+		int unreadableFiles = files.Count - fileHashes.Count;
 
 		Console.WriteLine("=== FileDeduplicator Statistics ===");
 		Console.WriteLine();
 		Console.WriteLine($"Total files: {files.Count}");
+		if (unreadableFiles > 0)
+		{
+			Console.WriteLine($"Unreadable files: {unreadableFiles}");
+		}
+
 		Console.WriteLine($"Total size: {DuplicateReport.FormatBytes(totalSize)}");
 		Console.WriteLine($"Unique files: {uniqueFiles}");
 		Console.WriteLine($"Duplicate files: {duplicateFiles}");