diff --git a/fs/io_uring.c b/fs/io_uring.c
index 14ca1fadd7b53a45a1439ef9ce082cb2cefe0b8a..d3f6e37783921658013a5b065cef863ea35c0fe9 100644
--- a/fs/io_uring.c
+++ b/fs/io_uring.c
@@ -4772,8 +4772,11 @@ static int io_submit_sqes(struct io_ring_ctx *ctx, unsigned int nr,
 			break;
 	}
 
-	if (submitted != nr)
-		percpu_ref_put_many(&ctx->refs, nr - submitted);
+	if (unlikely(submitted != nr)) {
+		int ref_used = (submitted == -EAGAIN) ? 0 : submitted;
+
+		percpu_ref_put_many(&ctx->refs, nr - ref_used);
+	}
 	if (link)
 		io_queue_link_head(link);
 	if (statep)