diff --git a/mm/ksm.c b/mm/ksm.c
index f5138f43f0d2..452ac8346e6e 100644
--- a/mm/ksm.c
+++ b/mm/ksm.c
@@ -2153,7 +2153,6 @@ static struct ksm_stable_node *stable_tree_insert(struct folio *kfolio)
 
 	INIT_HLIST_HEAD(&stable_node_dup->hlist);
 	stable_node_dup->kpfn = kpfn;
-	folio_set_stable_node(kfolio, stable_node_dup);
 	stable_node_dup->rmap_hlist_len = 0;
 	DO_NUMA(stable_node_dup->nid = nid);
 	if (!need_chain) {
@@ -2172,6 +2171,8 @@ static struct ksm_stable_node *stable_tree_insert(struct folio *kfolio)
 		stable_node_chain_add_dup(stable_node_dup, stable_node);
 	}
 
+	folio_set_stable_node(kfolio, stable_node_dup);
+
 	return stable_node_dup;
 }