diff --git a/src/amd/compiler/aco_interface.cpp b/src/amd/compiler/aco_interface.cpp
index 03544424c2e..89d3bc6ea89 100644
--- a/src/amd/compiler/aco_interface.cpp
+++ b/src/amd/compiler/aco_interface.cpp
@@ -257,6 +257,8 @@ aco_compile_shader(const struct aco_compiler_options* options,
    if (program->collect_statistics)
       stats_size = aco::num_statistics * sizeof(uint32_t);
 
+   aco::instruction_buffer.release();
+
    (*build_binary)(binary,
                    shaders[shader_count - 1]->info.stage,
                    args->is_gs_copy_shader,
@@ -308,6 +310,8 @@ aco_compile_vs_prolog(const struct aco_compiler_options* options,
    if (get_disasm)
       disasm = get_disasm_string(program.get(), code, exec_size);
 
+   aco::instruction_buffer.release();
+
    (*build_prolog)(binary,
                    config.num_sgprs,
                    config.num_vgprs,
@@ -353,6 +357,8 @@ aco_compile_ps_epilog(const struct aco_compiler_options* options,
    if (get_disasm)
       disasm = get_disasm_string(program.get(), code, exec_size);
 
+   aco::instruction_buffer.release();
+
    (*build_epilog)(binary,
                    config.num_sgprs,
                    config.num_vgprs,
diff --git a/src/amd/compiler/aco_ir.cpp b/src/amd/compiler/aco_ir.cpp
index 44d91f8a51c..04bb850f7c3 100644
--- a/src/amd/compiler/aco_ir.cpp
+++ b/src/amd/compiler/aco_ir.cpp
@@ -32,6 +32,8 @@
 
 namespace aco {
 
+thread_local aco::monotonic_buffer_resource instruction_buffer(65536);
+
 uint64_t debug_flags = 0;
 
 static const struct debug_control aco_debug_options[] = {{"validateir", DEBUG_VALIDATE_IR},
diff --git a/src/amd/compiler/aco_ir.h b/src/amd/compiler/aco_ir.h
index 1f9d7cb1cb3..57e7834a997 100644
--- a/src/amd/compiler/aco_ir.h
+++ b/src/amd/compiler/aco_ir.h
@@ -1774,8 +1774,13 @@ struct Pseudo_reduction_instruction : public Instruction {
 static_assert(sizeof(Pseudo_reduction_instruction) == sizeof(Instruction) + 4,
               "Unexpected padding");
 
+extern thread_local aco::monotonic_buffer_resource instruction_buffer;
+
 struct instr_deleter_functor {
-   void operator()(void* p) { free(p); }
+   /* Don't yet free any instructions. They will be de-allocated
+    * all at once after compilation finished.
+    */
+   void operator()(void* p) { return; }
 };
 
 template <typename T> using aco_ptr = std::unique_ptr<T, instr_deleter_functor>;
@@ -1787,7 +1792,8 @@ create_instruction(aco_opcode opcode, Format format, uint32_t num_operands,
 {
    std::size_t size =
       sizeof(T) + num_operands * sizeof(Operand) + num_definitions * sizeof(Definition);
-   void* data = calloc(1, size);
+   void* data = instruction_buffer.allocate(size, alignof(uint32_t));
+   memset(data, 0, size);
    T* inst = (T*)data;
 
    inst->opcode = opcode;