The failure of the no-confidence vote - by a mere nine votes - means his pension reform, raising the retirement age by two years to 64, is adopted.
While its survival is a relief for Macron, lawmakers in the centrist president's camp warned the crisis was far from over.
"We are all weakened. The president, the government and the majority," a senior MP in Macron's camp, Gilles Le Gendre, told Liberation newspaper. "It's not because the law was adopted that we can do business as usual."
Meanwhile, enraged at the pension change, protesters were out for a fifth night on Monday, setting bins and barricades on fire and leaving Macron to face the most dangerous challenge to his authority since the "Yellow Vest" revolt over four years ago.
More than 200 people were arrested on Monday evening, police said, after spontaneous protests broke out hours after the no-confidence motion failed.
Macron will break his silence on Wednesday with a TV interview, to "outline what happens now," government spokesman Olivier Veran said.
"These are basically Macron's two choices," Eurointelligence analysts wrote in a note. "Pretending that nothing major happened and letting the crisis wear itself out, or pursuing co-habitation with the willing in the assembly."
"Given Macron's nature, we see him being more attracted to the first option. A risky bet."
Macron will hold talks on Tuesday with Prime Minister Elisabeth Borne, the heads of both houses of parliament and lawmakers in his political camp as he seeks to plot an exit to the political crisis.
One key question in coming days will be whether Macron sticks with his existing government or looks to freshen things up, even if the potential paralysis in parliament will make governing more complicated.
Sacha Houlie, an MP in Macron's camp, brushed off the possibility of a change of prime minister.
"What we expect from the President of the Republic is that he draws up an outlook ... a three-, six-month calendar (of reforms)," he told Reuters, saying he hoped for proposals on issues including how businesses could be pushed to share more of their profits with workers.
But another MP in Macron's camp, Patrick Vignal, bluntly urged the president to suspend the pension reform bill in the face of the anger it has triggered, and its deep unpopularity.
Polls show the majority of French are opposed to the pension reform, as well as the government's decision to push the bill through parliament without a vote.
"I think this was a denial of democracy. The government passed a law which a majority of French people were against," script writer Jean Regnaud said.
"We did not give him (Macron) a mandate to pass these reforms, which are unjust."
