diff --git a/src/codegen-stubs.c b/src/codegen-stubs.c
index dda9bbee184a0..e67ae3b75ea76 100644
--- a/src/codegen-stubs.c
+++ b/src/codegen-stubs.c
@@ -43,10 +43,11 @@ JL_DLLEXPORT void jl_generate_fptr_for_unspecialized_fallback(jl_code_instance_t
     jl_atomic_store_release(&unspec->invoke, &jl_fptr_interpret_call);
 }
 
-JL_DLLEXPORT void jl_compile_codeinst_fallback(jl_code_instance_t *unspec)
+JL_DLLEXPORT int jl_compile_codeinst_fallback(jl_code_instance_t *unspec)
 {
     // Do nothing. The caller will notice that we failed to provide a an ->invoke and trigger
     // appropriate fallbacks.
+    return 0;
 }
 
 JL_DLLEXPORT uint32_t jl_get_LLVM_VERSION_fallback(void)
diff --git a/src/gf.c b/src/gf.c
index 53496c8feca58..2bab2b2271e0b 100644
--- a/src/gf.c
+++ b/src/gf.c
@@ -2568,12 +2568,12 @@ jl_code_instance_t *jl_compile_method_internal(jl_method_instance_t *mi, size_t
         }
 
         JL_GC_PUSH1(&codeinst);
-        jl_compile_codeinst(codeinst);
+        int did_compile = jl_compile_codeinst(codeinst);
 
         if (jl_atomic_load_relaxed(&codeinst->invoke) == NULL) {
             // Something went wrong. Bail to the fallback path.
             codeinst = NULL;
-        } else {
+        } else if (did_compile) {
             record_precompile_statement(mi);
         }
         JL_GC_POP();
diff --git a/src/jitlayers.cpp b/src/jitlayers.cpp
index b7fb975515eb4..5f9d7f8a3c6cf 100644
--- a/src/jitlayers.cpp
+++ b/src/jitlayers.cpp
@@ -461,10 +461,11 @@ void jl_extern_c_impl(jl_value_t *declrt, jl_tupletype_t *sigt)
 }
 
 extern "C" JL_DLLEXPORT_CODEGEN
-void jl_compile_codeinst_impl(jl_code_instance_t *ci)
+int jl_compile_codeinst_impl(jl_code_instance_t *ci)
 {
+    int newly_compiled = 0;
     if (jl_atomic_load_relaxed(&ci->invoke) != NULL) {
-        return;
+        return newly_compiled;
     }
     JL_LOCK(&jl_codegen_lock);
     if (jl_atomic_load_relaxed(&ci->invoke) == NULL) {
@@ -472,8 +473,10 @@ void jl_compile_codeinst_impl(jl_code_instance_t *ci)
         uint64_t start = jl_typeinf_timing_begin();
         _jl_compile_codeinst(ci, NULL, *jl_ExecutionEngine->getContext());
         jl_typeinf_timing_end(start, 0);
+        newly_compiled = 1;
     }
     JL_UNLOCK(&jl_codegen_lock); // Might GC
+    return newly_compiled;
 }
 
 extern "C" JL_DLLEXPORT_CODEGEN
diff --git a/src/julia_internal.h b/src/julia_internal.h
index 79f9e1fba0703..dc93e522b0c4d 100644
--- a/src/julia_internal.h
+++ b/src/julia_internal.h
@@ -1727,7 +1727,7 @@ JL_DLLEXPORT uint32_t jl_crc32c(uint32_t crc, const char *buf, size_t len);
 #define IR_FLAG_INBOUNDS 0x01
 
 JL_DLLIMPORT void jl_generate_fptr_for_unspecialized(jl_code_instance_t *unspec);
-JL_DLLIMPORT void jl_compile_codeinst(jl_code_instance_t *unspec);
+JL_DLLIMPORT int jl_compile_codeinst(jl_code_instance_t *unspec);
 JL_DLLIMPORT int jl_compile_extern_c(LLVMOrcThreadSafeModuleRef llvmmod, void *params, void *sysimg, jl_value_t *declrt, jl_value_t *sigt);
 
 typedef struct {