diff --git a/src/Version.php b/src/Version.php
index 19c73d26ebd..73ecd27866f 100644
--- a/src/Version.php
+++ b/src/Version.php
@@ -6,14 +6,20 @@
 
 class Version
 {
+    private static ?string $version = null;
+
     public function get()
     {
+        if (static::$version !== null) {
+            return static::$version;
+        }
+
         $currentVersion = Composer::installedVersion(Statamic::PACKAGE);
 
         if (! $currentVersion) {
             throw new \Exception('Statamic version could not be found. The composer.lock file is missing.');
         }
 
-        return $currentVersion;
+        return static::$version = $currentVersion;
     }
 }