diff --git a/mm/kasan/report.c b/mm/kasan/report.c
index e2c14b10bc81..00a53f1355ae 100644
--- a/mm/kasan/report.c
+++ b/mm/kasan/report.c
@@ -95,7 +95,7 @@ static void end_report(unsigned long *flags)
 	pr_err("==================================================================\n");
 	add_taint(TAINT_BAD_PAGE, LOCKDEP_NOW_UNRELIABLE);
 	spin_unlock_irqrestore(&report_lock, *flags);
-	if (panic_on_warn) {
+	if (panic_on_warn && !test_bit(KASAN_BIT_MULTI_SHOT, &kasan_flags)) {
 		/*
 		 * This thread may hit another WARN() in the panic path.
 		 * Resetting this prevents additional WARN() from panicking the