Providing exception stack management using stack panic fault exceptions in processor-based devices is disclosed. In this regard, a processor device defines a “stack panic fault exception” that may be raised upon execution of an exception handler store operation attempting to write state data into an exception stack, and provides a dedicated plurality of stack panic fault exception state registers in which stack panic fault exception state data may be saved. Upon detecting a first exception, the processor device transfers program control to an exception handler for the first exception. If a second exception occurs upon execution of a store operation in the exception handler, the processor device determines that the second exception should be handled as a stack panic fault exception, saves the stack panic fault exception state data in the stack panic fault exception state registers, and transfers program control to a stack panic fault exception handler.