diff --git a/profiler/compression.go b/profiler/compression.go
index 3a4250fbbf..0ca8a19556 100644
--- a/profiler/compression.go
+++ b/profiler/compression.go
@@ -137,9 +137,29 @@ func getZstdLevelOrDefault(level int) zstd.EncoderLevel {
 	return zstd.SpeedDefault
 }
 
-// newCompressionPipeline returns a compressor that converts the data written to
-// it from the expected input compression to the given output compression.
-func newCompressionPipeline(in compression, out compression) (compressor, error) {
+type compressionPipelineBuilder struct {
+	zstdEncoders map[zstd.EncoderLevel]*sharedZstdEncoder
+}
+
+func (b *compressionPipelineBuilder) getZstdEncoder(level zstd.EncoderLevel) (*sharedZstdEncoder, error) {
+	if b.zstdEncoders == nil {
+		b.zstdEncoders = make(map[zstd.EncoderLevel]*sharedZstdEncoder)
+	}
+	encoder, ok := b.zstdEncoders[level]
+	if !ok {
+		var err error
+		encoder, err = newSharedZstdEncoder(level)
+		if err != nil {
+			return nil, err
+		}
+		b.zstdEncoders[level] = encoder
+	}
+	return encoder, nil
+}
+
+// Build returns a compressor that converts the data written to it from the
+// expected input compression to the given output compression.
+func (b *compressionPipelineBuilder) Build(in compression, out compression) (compressor, error) {
 	if in == out {
 		return newPassthroughCompressor(), nil
 	}
@@ -149,11 +169,15 @@ func newCompressionPipeline(in compression, out compression) (compressor, error)
 	}
 
 	if in == noCompression && out.algorithm == compressionAlgorithmZstd {
-		return zstd.NewWriter(nil, zstd.WithEncoderLevel(getZstdLevelOrDefault(out.level)))
+		return b.getZstdEncoder(getZstdLevelOrDefault(out.level))
 	}
 
 	if in.algorithm == compressionAlgorithmGzip && out.algorithm == compressionAlgorithmZstd {
-		return newZstdRecompressor(getZstdLevelOrDefault(out.level))
+		encoder, err := b.getZstdEncoder(getZstdLevelOrDefault(out.level))
+		if err != nil {
+			return nil, err
+		}
+		return newZstdRecompressor(encoder), nil
 	}
 
 	return nil, fmt.Errorf("unsupported recompression: %s -> %s", in, out)
@@ -164,8 +188,11 @@ func newCompressionPipeline(in compression, out compression) (compressor, error)
 // the data from one format and then re-compresses it into another format.
 type compressor interface {
 	io.Writer
-	io.Closer
+	// Reset resets the compressor to the given writer. It may also acquire a
+	// shared underlying resource, so callers must always call Close().
 	Reset(w io.Writer)
+	// Close closes the compressor and releases any shared underlying resource.
+	Close() error
 }
 
 // newPassthroughCompressor returns a compressor that simply passes all data
@@ -186,12 +213,8 @@ func (r *passthroughCompressor) Close() error {
 	return nil
 }
 
-func newZstdRecompressor(level zstd.EncoderLevel) (*zstdRecompressor, error) {
-	zstdOut, err := zstd.NewWriter(io.Discard, zstd.WithEncoderLevel(level))
-	if err != nil {
-		return nil, err
-	}
-	return &zstdRecompressor{zstdOut: zstdOut, err: make(chan error)}, nil
+func newZstdRecompressor(encoder *sharedZstdEncoder) *zstdRecompressor {
+	return &zstdRecompressor{zstdOut: encoder, err: make(chan error)}
 }
 
 type zstdRecompressor struct {
@@ -199,8 +222,7 @@ type zstdRecompressor struct {
 	// error during recompression
 	err     chan error
 	pw      io.WriteCloser
-	zstdOut *zstd.Encoder
-	level   zstd.EncoderLevel
+	zstdOut *sharedZstdEncoder
 }
 
 func (r *zstdRecompressor) Reset(w io.Writer) {
@@ -227,3 +249,36 @@ func (r *zstdRecompressor) Close() error {
 	err := <-r.err
 	return cmp.Or(err, r.zstdOut.Close())
 }
+
+// newSharedZstdEncoder creates a new shared Zstd encoder with the given level.
+// It expects the Reset and Close method to be used in an acquire and release
+// fashion.
+func newSharedZstdEncoder(level zstd.EncoderLevel) (*sharedZstdEncoder, error) {
+	encoder, err := zstd.NewWriter(nil, zstd.WithEncoderLevel(level))
+	if err != nil {
+		return nil, err
+	}
+	return &sharedZstdEncoder{encoder: encoder, sema: make(chan struct{}, 1)}, nil
+}
+
+type sharedZstdEncoder struct {
+	encoder *zstd.Encoder
+	sema    chan struct{}
+}
+
+// Reset acquires the semaphore and resets the encoder to the given writer.
+func (s *sharedZstdEncoder) Reset(w io.Writer) {
+	s.sema <- struct{}{}
+	s.encoder.Reset(w)
+}
+
+func (s *sharedZstdEncoder) Write(p []byte) (int, error) {
+	return s.encoder.Write(p)
+}
+
+// Close releases the semaphore and closes the encoder.
+func (s *sharedZstdEncoder) Close() error {
+	err := s.encoder.Close()
+	<-s.sema
+	return err
+}
diff --git a/profiler/compression_test.go b/profiler/compression_test.go
index c896cdaebf..297b6d3cf9 100644
--- a/profiler/compression_test.go
+++ b/profiler/compression_test.go
@@ -43,7 +43,8 @@ func TestNewCompressionPipeline(t *testing.T) {
 
 	for _, test := range tests {
 		t.Run(fmt.Sprintf("%s->%s", test.in, test.out), func(t *testing.T) {
-			pipeline, err := newCompressionPipeline(test.in, test.out)
+			var pipelineBuilder compressionPipelineBuilder
+			pipeline, err := pipelineBuilder.Build(test.in, test.out)
 			require.NoError(t, err)
 			buf := &bytes.Buffer{}
 			pipeline.Reset(buf)
@@ -172,8 +173,13 @@ func BenchmarkRecompression(b *testing.B) {
 		b.Run(fmt.Sprintf("%s-%s", in.inAlg.String(), in.outLevel), func(b *testing.B) {
 			data := compressData(b, inputdata, in.inAlg)
 			b.ResetTimer()
+			var pipelineBuilder compressionPipelineBuilder
 			for i := 0; i < b.N; i++ {
-				z := &zstdRecompressor{level: in.outLevel}
+				encoder, err := pipelineBuilder.getZstdEncoder(in.outLevel)
+				if err != nil {
+					b.Fatal(err)
+				}
+				z := newZstdRecompressor(encoder)
 				z.Reset(io.Discard)
 				if _, err := z.Write(data); err != nil {
 					b.Fatal(err)
diff --git a/profiler/profile.go b/profiler/profile.go
index 660562381a..bef7ca84a5 100644
--- a/profiler/profile.go
+++ b/profiler/profile.go
@@ -89,6 +89,7 @@ var profileTypes = map[ProfileType]profileType{
 		Filename: "cpu.pprof",
 		Collect: func(p *profiler) ([]byte, error) {
 			var buf bytes.Buffer
+			var outBuf bytes.Buffer
 			// Start the CPU profiler at the end of the profiling
 			// period so that we're sure to capture the CPU usage of
 			// this library, which mostly happens at the end
@@ -101,9 +102,7 @@ var profileTypes = map[ProfileType]profileType{
 				runtime.SetCPUProfileRate(p.cfg.cpuProfileRate)
 			}
 
-			compressor := p.compressors[CPUProfile]
-			compressor.Reset(&buf)
-			if err := p.startCPUProfile(compressor); err != nil {
+			if err := p.startCPUProfile(&outBuf); err != nil {
 				return nil, err
 			}
 			p.interruptibleSleep(p.cfg.cpuDuration)
@@ -113,10 +112,12 @@ var profileTypes = map[ProfileType]profileType{
 			// the other profile types
 			p.pendingProfiles.Wait()
 			p.stopCPUProfile()
-			if err := compressor.Close(); err != nil {
-				return nil, err
-			}
-			return buf.Bytes(), nil
+
+			c := p.compressors[CPUProfile]
+			c.Reset(&buf)
+			_, writeErr := outBuf.WriteTo(c)
+			closeErr := c.Close()
+			return buf.Bytes(), cmp.Or(writeErr, closeErr)
 		},
 	},
 	// HeapProfile is complex due to how the Go runtime exposes it. It contains 4
@@ -175,10 +176,10 @@ var profileTypes = map[ProfileType]profileType{
 				return nil, err
 			}
 
-			compressor := p.compressors[expGoroutineWaitProfile]
-			compressor.Reset(pprof)
-			err := goroutineDebug2ToPprof(text, compressor, now)
-			err = cmp.Or(err, compressor.Close())
+			c := p.compressors[expGoroutineWaitProfile]
+			c.Reset(pprof)
+			err := goroutineDebug2ToPprof(text, c, now)
+			err = cmp.Or(err, c.Close())
 			return pprof.Bytes(), err
 		},
 	},
@@ -187,11 +188,11 @@ var profileTypes = map[ProfileType]profileType{
 		Filename: "metrics.json",
 		Collect: func(p *profiler) ([]byte, error) {
 			var buf bytes.Buffer
-			compressor := p.compressors[MetricsProfile]
-			compressor.Reset(&buf)
+			c := p.compressors[MetricsProfile]
+			c.Reset(&buf)
 			interrupted := p.interruptibleSleep(p.cfg.period)
-			err := p.met.report(now(), compressor)
-			err = cmp.Or(err, compressor.Close())
+			err := p.met.report(now(), c)
+			err = cmp.Or(err, c.Close())
 			if err != nil && interrupted {
 				err = errProfilerStopped
 			}
@@ -204,9 +205,8 @@ var profileTypes = map[ProfileType]profileType{
 		Collect: func(p *profiler) ([]byte, error) {
 			p.lastTrace = time.Now()
 			buf := new(bytes.Buffer)
-			compressor := p.compressors[executionTrace]
-			compressor.Reset(buf)
-			lt := newLimitedTraceCollector(compressor, int64(p.cfg.traceConfig.Limit))
+			outBuf := new(bytes.Buffer)
+			lt := newLimitedTraceCollector(outBuf, int64(p.cfg.traceConfig.Limit))
 			if err := trace.Start(lt); err != nil {
 				return nil, err
 			}
@@ -217,10 +217,12 @@ var profileTypes = map[ProfileType]profileType{
 			case <-lt.done: // The trace size limit was exceeded
 			}
 			trace.Stop()
-			if err := compressor.Close(); err != nil {
-				return nil, err
-			}
-			return buf.Bytes(), nil
+
+			c := p.compressors[executionTrace]
+			c.Reset(buf)
+			_, writeErr := outBuf.WriteTo(c)
+			closeErr := c.Close()
+			return buf.Bytes(), cmp.Or(writeErr, closeErr)
 		},
 	},
 }
@@ -284,10 +286,10 @@ func collectGenericProfile(name string, pt ProfileType) func(p *profiler) ([]byt
 		var buf bytes.Buffer
 		dp, ok := p.deltas[pt]
 		if !ok || !p.cfg.deltaProfiles {
-			compressor := p.compressors[pt]
-			compressor.Reset(&buf)
-			err := p.lookupProfile(name, compressor, 0)
-			err = cmp.Or(err, compressor.Close())
+			c := p.compressors[pt]
+			c.Reset(&buf)
+			err := p.lookupProfile(name, c, 0)
+			err = cmp.Or(err, c.Close())
 			return buf.Bytes(), err
 		}
 
@@ -435,13 +437,15 @@ func (fdp *fastDeltaProfiler) Delta(data []byte) (b []byte, err error) {
 	}
 
 	fdp.buf.Reset()
-	fdp.compressor.Reset(&fdp.buf)
-
-	if err = fdp.dc.Delta(data, fdp.compressor); err != nil {
-		return nil, fmt.Errorf("error computing delta: %s", err.Error())
-	}
-	if err = fdp.compressor.Close(); err != nil {
-		return nil, fmt.Errorf("error flushing gzip writer: %s", err.Error())
+	c := fdp.compressor
+	c.Reset(&fdp.buf)
+
+	deltaErr := fdp.dc.Delta(data, c)
+	closeErr := c.Close()
+	if deltaErr != nil {
+		return nil, fmt.Errorf("error computing delta: %w", deltaErr)
+	} else if closeErr != nil {
+		return nil, fmt.Errorf("error flushing compressor: %w", closeErr)
 	}
 	// The returned slice will be retained in case the profile upload fails,
 	// so we need to return a copy of the buffer's bytes to avoid a data
diff --git a/profiler/profiler.go b/profiler/profiler.go
index c5b45e13f9..4490612081 100644
--- a/profiler/profiler.go
+++ b/profiler/profiler.go
@@ -259,10 +259,11 @@ func newProfiler(opts ...Option) (*profiler, error) {
 	if p.cfg.traceConfig.Enabled {
 		types = append(types, executionTrace)
 	}
+	var pipelineBuilder compressionPipelineBuilder
 	for _, pt := range types {
 		isDelta := p.cfg.deltaProfiles && len(profileTypes[pt].DeltaValues) > 0
 		in, out := compressionStrategy(pt, isDelta, p.cfg.compressionConfig)
-		compressor, err := newCompressionPipeline(in, out)
+		compressor, err := pipelineBuilder.Build(in, out)
 		if err != nil {
 			return nil, err
 		}