diff --git a/doc/source/whatsnew/v2.3.0.rst b/doc/source/whatsnew/v2.3.0.rst
index 9e0e095eb4de8..96eed72823e72 100644
--- a/doc/source/whatsnew/v2.3.0.rst
+++ b/doc/source/whatsnew/v2.3.0.rst
@@ -175,7 +175,6 @@ Other
 ^^^^^
 - Fixed usage of ``inspect`` when the optional dependencies ``pyarrow`` or ``jinja2``
   are not installed (:issue:`60196`)
--
 
 .. ---------------------------------------------------------------------------
 .. _whatsnew_230.contributors:
diff --git a/doc/source/whatsnew/v3.0.0.rst b/doc/source/whatsnew/v3.0.0.rst
index 1e33971acac1a..102628257d6f2 100644
--- a/doc/source/whatsnew/v3.0.0.rst
+++ b/doc/source/whatsnew/v3.0.0.rst
@@ -812,6 +812,7 @@ Other
 - Bug in ``Series.list`` methods not preserving the original name. (:issue:`60522`)
 - Bug in printing a :class:`DataFrame` with a :class:`DataFrame` stored in :attr:`DataFrame.attrs` raised a ``ValueError`` (:issue:`60455`)
 - Bug in printing a :class:`Series` with a :class:`DataFrame` stored in :attr:`Series.attrs` raised a ``ValueError`` (:issue:`60568`)
+- Fixed regression in :meth:`DataFrame.from_records` not initializing subclasses properly (:issue:`57008`)
 
 .. ***DO NOT USE THIS SECTION***
 
diff --git a/pandas/core/frame.py b/pandas/core/frame.py
index ffffaeba4196e..863465ca1565c 100644
--- a/pandas/core/frame.py
+++ b/pandas/core/frame.py
@@ -2317,7 +2317,10 @@ def maybe_reorder(
             columns = columns.drop(exclude)
 
         mgr = arrays_to_mgr(arrays, columns, result_index)
-        return cls._from_mgr(mgr, axes=mgr.axes)
+        df = DataFrame._from_mgr(mgr, axes=mgr.axes)
+        if cls is not DataFrame:
+            return cls(df, copy=False)
+        return df
 
     def to_records(
         self, index: bool = True, column_dtypes=None, index_dtypes=None
diff --git a/pandas/tests/frame/test_subclass.py b/pandas/tests/frame/test_subclass.py
index 7d18ef28a722d..cbd563a03b908 100644
--- a/pandas/tests/frame/test_subclass.py
+++ b/pandas/tests/frame/test_subclass.py
@@ -769,6 +769,13 @@ def test_constructor_with_metadata():
     assert isinstance(subset, MySubclassWithMetadata)
 
 
+def test_constructor_with_metadata_from_records():
+    # GH#57008
+    df = MySubclassWithMetadata.from_records([{"a": 1, "b": 2}])
+    assert df.my_metadata is None
+    assert type(df) is MySubclassWithMetadata
+
+
 class SimpleDataFrameSubClass(DataFrame):
     """A subclass of DataFrame that does not define a constructor."""