diff --git a/mm/page_alloc.c b/mm/page_alloc.c
index 61806367d580..352791ca8d91 100644
--- a/mm/page_alloc.c
+++ b/mm/page_alloc.c
@@ -2343,7 +2343,9 @@ static struct page *rmqueue_no_cma(struct zone *zone, unsigned int order,
 		if (!page)
 			page = __rmqueue_fallback(zone, order, migratetype);
 	WARN_ON(page && is_migrate_cma(get_pcppage_migratetype(page)));
-	__mod_zone_page_state(zone, NR_FREE_PAGES, -(1 << order));
+	if (page)
+		__mod_zone_page_state(zone, NR_FREE_PAGES, -(1 << order));
+
 	spin_unlock(&zone->lock);
 	return page;
 }