diff --git a/lib/internal/blob.js b/lib/internal/blob.js
index 8014a1bb5b0349..397bffabba7b5a 100644
--- a/lib/internal/blob.js
+++ b/lib/internal/blob.js
@@ -78,6 +78,7 @@ let ReadableStream;
 let URL;
 
 const enc = new TextEncoder();
+let dec;
 
 // Yes, lazy loading is annoying but because of circular
 // references between the url, internal/blob, and buffer
@@ -311,7 +312,8 @@ class Blob {
     if (!isBlob(this))
       throw new ERR_INVALID_THIS('Blob');
 
-    const dec = new TextDecoder();
+    dec ??= new TextDecoder();
+
     return dec.decode(await this.arrayBuffer());
   }